Looks like ST bears will feel the heat again. Like the previous reversal in June, that downtrend channel is still intact. Could be just another bull swing then runs out of puff at this stage. Too many layers of resistance for me to contemplate but the market will do what it always does regardless of technical or opinions. The reversal in 2016 had a simple technical pattern, price stabilised or ranged with the lows refusing to break. At the time I was exposed to WBC as being a mug in hindsight, bought the bull momentum a year prior so I didn't want any more exposure even though I could see the reversal in the making.
[ATTACH] Looks like ST bears will feel the heat again. Like the...
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Last
$122.26 |
Change
2.330(1.94%) |
Mkt cap ! $204.6B | |||
| Open | High | Low | Value | Volume |
| $121.00 | $122.55 | $120.20 | $391.2M | 3.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $122.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $122.26 | 36 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$122.30 |
Change
2.330 ( 2.13 %) |
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| Open | High | Low | Volume | ||
| $120.99 | $122.55 | $120.28 | 434369 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| CBA (ASX) Chart |