I don't have a crystal ball. I work on the notion of probability. Your $145 figure lacks salience to me. $141.24 is though. A challenge to the overhead resistance (see red line) at $141.24 as of today is possible here...
This last resistance has existed since June 2019. This was a confluence of 3 over resistance with 2 of them now broken (re-coloured as green). Probability is, it will take a while for this last resistance to be surpassed. mainly because we are coming into the "divvy lag" soon. Although it has not manifested itself in the last dividend occasion (see yellow arrow), CBA is known to experience a consolidation after ex-div. See orange arrows... We are coming to that next week. If something happens 9 times out of 10. Well you know what to expect...
I don't have a crystal ball. I work on the notion of...
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 (20min delay)
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Last
$145.45 |
Change
1.600(1.11%) |
Mkt cap ! $242.8B | |||
| Open | High | Low | Value | Volume |
| $144.50 | $145.60 | $144.32 | $142.6M | 984.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 202 | $145.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $145.46 | 199 | 2 |
View Market Depth
| Last trade - 15.58pm 06/11/2024 (20 minute delay) ? |
| CBA (ASX) Chart |