Hi Tom
If you're talking about this formation you could be right: it is a long term wedge formation: break outs from tightening wedges are typically violent - having said this, the technicals are signalling "Sell", fundamentals appear to me to be negative, and my view is the CBA management remains in disarray. I'm looking for a breakout to the downside to test the 52 week lows..... and that makes a market
MP
$62 whenever it happens - maybe maybe not, page-362
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Last
$132.46 |
Change
-3.810(2.80%) |
Mkt cap ! $221.6B | |||
| Open | High | Low | Value | Volume |
| $133.50 | $134.25 | $131.66 | $507.4M | 3.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12000 | $132.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $132.46 | 20375 | 4 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| CBA (ASX) Chart |