CBA MMs need to be commended.
Today was yet another (heavy) net sell day but price was once more pushed higher.
They've almost got it down to a fine art of pushing higher yet offloading as she goes. Then when they need another step up they just throw a random red day in, lock in ST profits and squeeze shorts the following day.
Aggressive sells were relentless today but green is all this one seems to know.
Hard to say when a decent pullback will hit but if trading pattens kept up today's sell activity then you would have to say that time is soon.
Holiday in US now so can't see much excitement this week, however next week is typically a negative one in election years, so potentially the beat down bears may get a little love then - can't say how much love though as this month is yet to have 2 consecutive red days...
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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
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |