CBA 0.17% $138.80 commonwealth bank of australia.

Ann: ASB 2024 Full Year Financial Results Media Release, page-29

  1. 1,947 Posts.
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    From a charting point of view, it would appear that CBA is trying to make a double top around $138.24. If that is the case it would be forming a flat correction with an obvious initial target being a double bottom around $124.89.

    There is also the possibility of a running correction where the B wave exceeds the previous top before reversing in a C wave.

    Be aware, the share price will reverse at some point & it is just a matter of time. Selling beforehand, locking in the profit would appear the most logical way to go.

    Those who have a capital gains tax problem should check their portfolio for other stocks that have significant paper losses & sell them in this financial year to minimise or even eliminate paying capital gains tax. If you still wanted to keep those shares showing a loss, they can be repurchased & still have the benefit of offsetting capital gains.
 
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Last
$138.80
Change
0.230(0.17%)
Mkt cap ! $232.2B
Open High Low Value Volume
$138.35 $139.33 $138.03 $293.7M 2.115M

Buyers (Bids)

No. Vol. Price($)
3 2855 $138.67
 

Sellers (Offers)

Price($) Vol. No.
$138.80 1854 1
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
CBA (ASX) Chart
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