Its all in the timing. Markets fluctuate. First we need confirmation that the up trend is broken. If it has already and the top is already in for this cycle then expecting support levels of circa 130, 125, 120, to come into play at some stage. Its just a matter of when. So patience is needed as you have already committed to your trade. Many people make the mistake of selling for a short, and expecting the market to turn downwards instantly, and when it dosent, end up buying in higher, only to have the market fall to the level originally expected.
The 125 support level and expectation worked a charm for me last time. Lets see how it goes again. I have plenty of time and cash ready to go again.
DONT PANIC LONGS !, page-2
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 (20min delay)
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Last
$134.97 |
Change
0.200(0.15%) |
Mkt cap ! $225.8B | |||
| Open | High | Low | Value | Volume |
| $134.37 | $136.03 | $133.51 | $212.5M | 1.575M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $134.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.98 | 1713 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CBA (ASX) Chart |