An observation from this arvo's trading in CBA.....
The downward move from the all time high of $34.94 to the most recent low of $23.05 equated to a total movement of $11.89. A 61.8% retracement of this movement equates to $7.35 or a price target of $30.40.
Today, CBA hit $30.42 and what happened then .... it fell apart on very high volume in the last hour of trading!!
Is this significant? I am not sure yet, but would appreciate others thoughts.
Regards,
Jaysee
will never fall below $29.50 again!, page-5
Add CBA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$155.61 |
Change
2.590(1.69%) |
Mkt cap ! $260.4B | |||
| Open | High | Low | Value | Volume |
| $153.00 | $157.28 | $152.42 | $366.7M | 2.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3587 | $155.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $155.61 | 17634 | 6 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| CBA (ASX) Chart |