I have been doing a lot of TA on this stock this weekend and have concluded that there are two key levels....
If it breaks $27.40, then expect upside to probably $29.00; if it breaks $26.50, then downside to $25.50 or possibly lower.
Technicals for CBA and all the banks are looking weak and generating sell signals at the moment. What I am looking for tomorrow (as early confirmation of the continued downtrend) is an initial surge in CBA followed by selling - in much the same way as last Wednesday when it surged to $27.64 and then got sold off.
Regards,
Jaysee
time has arrived, page-8
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Last
$127.12 |
Change
-0.860(0.67%) |
Mkt cap ! $213.5B | |||
| Open | High | Low | Value | Volume |
| $127.79 | $127.88 | $127.11 | $175.1M | 1.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 145 | $127.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.15 | 3079 | 18 |
View Market Depth
| Last trade - 15.40pm 19/06/2024 (20 minute delay) ? |
| CBA (ASX) Chart |