Knowing when to sell is more important than when to buy.
My suggestion is that seeing CBA goes ex-div on Wednesday, sell no later than Tuesday. The share price should immediately fall $3.57 on Wednesday below what it would have been cum-div. This means that you no longer have investors chasing the dividend & it could well be the beginning of a reversal.
Remember you have not made a profit until you sell.
In buying back into CBA it is a matter of deciding at what price you would be happy to buy. I make that decision by doing mathematical calculations based on previous price movements. Look for Fibonacci related retracements (e.g. 38.2%, 50% or 61.8% are common) of previous share price moves or usually called waves.
In understanding how previous wave movements indicate what to expect in future wave movements is an art not a science. The more experienced you become, the more accurate & successful you will be.
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Last
$143.32 |
Change
0.280(0.20%) |
Mkt cap ! $239.8B |
Open | High | Low | Value | Volume |
$142.65 | $143.75 | $142.36 | $215.5M | 1.505M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1200 | $143.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$143.32 | 1662 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1200 | 143.150 |
1 | 2616 | 142.960 |
1 | 1000 | 142.950 |
1 | 2616 | 142.850 |
1 | 154 | 142.840 |
Price($) | Vol. | No. |
---|---|---|
143.320 | 1662 | 1 |
143.360 | 3475 | 1 |
143.390 | 3197 | 1 |
143.400 | 1185 | 2 |
143.420 | 2833 | 1 |
Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
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