XJO 0.34% 7,796.0 s&p/asx 200

Thanks Guys, Looking at CBA at the moment and the Moving...

  1. 1,015 Posts.

    Thanks Guys,

    Looking at CBA at the moment and the Moving averages are clustering on the intra day charts...and trending down..i am hoping it does not do the same as back in June 4th to 6 th and kept on rising for a week on small gains everyday.

    I am looking for 2 to 4 days of down so that way the warrants can at least move 4 to 6 cents and this makes a good profit.Now hovering between $39.55 and $39.75...up for 5 min then down the next 5 min....looking to break down....so whe it is in the $39.70's level CBAWOT is at 18.5 cents.and CBAWOU at 34c.

    Hoping it does not go another day up or i will be looking to get some again then....good in one way but starting to pile up....still okay as the difference is only 2 to 3 cents...if it goes up further.

    Lets see how she goes.

    Cheers.
 
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