CBA 0.69% $126.80 commonwealth bank of australia.

$62 whenever it happens - maybe maybe not, page-362

  1. 56 Posts.
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    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

    https://hotcopper.com.au/data/attachments/1493/1493224-c70fabf8301eb3c3b974a05caf27ab66.jpg
 
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