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
Hi TomIf you're talking about this formation you could be right:...
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Last
$127.68 |
Change
-0.070(0.05%) |
Mkt cap ! $213.6B | |||
| Open | High | Low | Value | Volume |
| $128.00 | $128.25 | $125.90 | $864.0M | 7.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1520 | $127.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.68 | 52 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CBA (ASX) Chart |