The fact is since hitting the $160 area the price is going nowhere except down. A complete waste of time, a share with no upside & low yield.
After hitting a high ten weeks ago, the price is lower today.
Long-term holders who do not take advantage of an over-extended price are going to miss out on the opportunity of locking in an excellent profit.
Many LTH do not want anybody to suggest their pet stock is not going to continue rising. They cannot stand an alternative view. Some even stoop to insulting those who suggest the top has been reached & down is the only alternative.
So far, I have been right for 10 weeks & I bet that hurts.
CBA Price at posting:
$158.50 Sentiment: Sell Disclosure: Not Held
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