CBA get heavily oversold over the past several week and breaks 5 year lows.
And its US peers has launched a fierce bounce back overnight for ~5% for Morgan. Overall banks up ~2%. btw, its US peers never touched even one year low in the new year.
Overnight USA market SP500 revenged up over 2% nasdaq over 3%.
All sets up for big revenge for CBA holders.
And it is the time.
I expect $75 by end of the month the earliest and by end of the next month the latest.
IMHO
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Last
$119.54 |
Change
1.550(1.31%) |
Mkt cap ! $200.0B |
Open | High | Low | Value | Volume |
$118.80 | $119.54 | $118.53 | $405.1M | 3.397M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 309 | $119.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$119.55 | 41086 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 309 | 119.500 |
1 | 100 | 118.900 |
1 | 185 | 118.510 |
1 | 51 | 118.370 |
1 | 590 | 118.200 |
Price($) | Vol. | No. |
---|---|---|
119.600 | 500 | 1 |
119.670 | 24 | 1 |
119.700 | 80 | 1 |
119.750 | 1000 | 1 |
119.900 | 476 | 2 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$119.13 |
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Change
1.550 ( 1.02 %) |
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Open | High | Low | Volume | ||
$118.88 | $119.26 | $118.57 | 250725 | ||
Last updated 15.59pm 31/05/2024 ? |
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CBA (ASX) Chart |