On the contrary, what about the number of posters who keep saying the price will continue to go up & it will continue to set new highs?
I am sick of the biased views of those posters. You also do not get it. It works both ways.
So far, I have drawn a line in the sand & made the prediction that for the near future we have seen the top, if not very close to it. If I am correct, then current buying is futile. It has been twelve days of trading since I sold @ $160 & for 12 days I have been correct. Seen how many more days it takes before a new high is set.
Overall, I am saying, buying at this level leaves one exposed to a reasonable downside & very little upside potential.
CBA Price at posting:
$157.63 Sentiment: Sell Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)