I would need to see how the wave structure pans out before trying to predict a time to reach the $120 area.
There will probably be a partial move back up leading into the February ex-dividend date. Unless the market collapses beforehand, the ex-div date could see the price start to fall to its low.
The current move down will depend if certain institutions sell into the market in earnest to realise profits on their put options.
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CBA
commonwealth bank of australia.
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$182.53

CBA TA update, page-2095
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Last
$182.53 |
Change
-0.320(0.18%) |
Mkt cap ! $305.4B |
Open | High | Low | Value | Volume |
$182.51 | $183.00 | $180.13 | $1.091B | 6.388M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 400 | $182.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$182.55 | 3394 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 43 | 182.360 |
1 | 12 | 182.000 |
1 | 55 | 181.500 |
2 | 144 | 181.000 |
1 | 19 | 180.650 |
Price($) | Vol. | No. |
---|---|---|
182.610 | 72 | 1 |
182.680 | 24 | 1 |
182.800 | 1986 | 2 |
182.850 | 496 | 1 |
182.900 | 143 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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CBA (ASX) Chart |