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
$140.74 |
Change
0.800(0.57%) |
Mkt cap ! $236.5B | |||
| Open | High | Low | Value | Volume |
| $140.63 | $141.85 | $140.34 | $97.91M | 694.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118 | $140.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $140.76 | 5 | 1 |
View Market Depth
| Last trade - 13.38pm 05/09/2024 (20 minute delay) ? |
| CBA (ASX) Chart |