I am enjoying the ride :) thanks for asking.
Look at where the 200 day ma is atm. It's at $58.
Yes sure $70 is on the cards and I will add to my short position after selling my long position at that price.
The run from the 2011 low to 75.00 would still provide a target of 62.50 as that would be the 38% retracement.
A 38.2% retracement from 70.00 would give a target of 59.45.
How can you claim that it won't go to 65.00 this year?
analysis of cba, page-7
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 (20min delay)
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Last
$131.63 |
Change
-1.030(0.78%) |
Mkt cap ! $220.2B | |||
| Open | High | Low | Value | Volume |
| $130.86 | $131.63 | $130.40 | $504.5M | 4.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5713 | $131.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.65 | 169 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |