CBA 2.39% $138.13 commonwealth bank of australia.

Ann: ASB 2024 Full Year Financial Results Media Release, page-31

  1. 1,914 Posts.
    lightbulb Created with Sketch. 350
    Knowing when to sell is more important than when to buy.

    My suggestion is that seeing CBA goes ex-div on Wednesday, sell no later than Tuesday. The share price should immediately fall $3.57 on Wednesday below what it would have been cum-div. This means that you no longer have investors chasing the dividend & it could well be the beginning of a reversal.

    Remember you have not made a profit until you sell.

    In buying back into CBA it is a matter of deciding at what price you would be happy to buy. I make that decision by doing mathematical calculations based on previous price movements. Look for Fibonacci related retracements (e.g. 38.2%, 50% or 61.8% are common) of previous share price moves or usually called waves.

    In understanding how previous wave movements indicate what to expect in future wave movements is an art not a science. The more experienced you become, the more accurate & successful you will be.
 
watchlist Created with Sketch. Add CBA (ASX) to my watchlist
(20min delay)
Last
$138.13
Change
3.230(2.39%)
Mkt cap ! $231.1B
Open High Low Value Volume
$137.04 $138.13 $136.54 $588.4M 4.427M

Buyers (Bids)

No. Vol. Price($)
1 122 $137.95
 

Sellers (Offers)

Price($) Vol. No.
$138.15 1500 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
CBA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.