This is just a market mood indicator
The long term weekly chart will show us the general market feeling for CBA, even if you do not believe in t/a you can see CBA has retraced down to touch and test 50% of its 4 year range ??,
The angles you see are Gann angles , his theory was the steeper the angle the stronger the trend ,45'=1x1 one of the best,
I have studied this theory and found it to be quiet valid even in todays market ,
In this area CBA has broken down and is testing yet another lower angle .
cba,nab,anz etc expensive or not, page-8
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 (20min delay)
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Last
$38.30 |
Change
-0.500(1.29%) |
Mkt cap ! $117.7B | |||
| Open | High | Low | Value | Volume |
| $38.23 | $38.41 | $37.92 | $164.6M | 4.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49455 | $38.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.31 | 2410 | 2 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |