can it hang on?, page-7

re: cba is selling... ! 28m to go Hi lozza,
that doesn't quite make sense. The substantial shareholder notice above is dated 12/12.

In any event liquidity has been so high that if any institution had wanted to enter or exit this stock they would be done by now...

Fibonacci retracement of 61.8% of the recent high is 7.3 (as previously posted). Achieved 7.4 yesterday with strong buying appearing as soon as the price approached that level.

Lets see if a bounce is on the cards.

In theory at least we could see an upwards leg from here with 8.5, 9.5 and 11 as the major resistance levels.