Here's a completely pared back chart.
It's overly simplistic but sometimes in markets things just are.
If you were to ask a 2yr old "which way is it going up or down" they could tell you.
WHY would you be shorting this and fight momentum when you simply don't need to be there?
Like all stocks there will probably come a time but atm you'll simply get steamrolled.
There are many other options on the ASX without fighting the tape on CBA.
Best all
MR
CBA Price at posting:
$166.90 Sentiment: Hold Disclosure: Held
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