Hi all,
For anyone interested, this chart shows CBA for the last 10 years. The chart clearly shows a 5-wave impulsive advance right up to $34.94.
The 5-wave impulse down from $34.94 to $23.05 could be the start of a correction - in which case the lower line is the target (ie, $17 ~ $18). It could also be the start of a larger impulse down, in which case the downside target will be way below the lower line.
Whatever the downward movement from the peak of $34.94 is, corrective or impulsive, it will resume when the current 3-wave upwards correction from $23.05 finishes. When this correction finishes, the downside for CBA will be substantial and lengthy.
Regards,
Ultrafart.
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Last
$135.35 |
Change
0.450(0.33%) |
Mkt cap ! $224.6B |
Open | High | Low | Value | Volume |
$133.51 | $135.48 | $133.29 | $100.0M | 744.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 394 | $135.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$135.36 | 87 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 568 | 135.360 |
4 | 217 | 135.350 |
1 | 25 | 135.340 |
3 | 157 | 135.330 |
5 | 175 | 135.320 |
Price($) | Vol. | No. |
---|---|---|
135.370 | 448 | 8 |
135.380 | 957 | 7 |
135.390 | 511 | 3 |
135.400 | 948 | 16 |
135.410 | 280 | 9 |
Last trade - 13.30pm 30/07/2024 (20 minute delay) ? |
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