I note that you do not own any CBA shares which means you either sold, which was my suggestion, or you haven't owned any for at least some considerable time.
There are many who set stop losses, some who hold all the way up & all the way down again, some who wait too long & panic & sell too late, but I prefer to use charts & attempt to pick a technical top when a share is overpriced. I stated that I was drawing a line in the sand & the $160 area was to be a top. I had gradually sold some shares on the way up, but the big sells were towards the end.
CBA has run its race & it is time to move on.
CBA Price at posting:
$155.99 Sentiment: Sell Disclosure: Not Held
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