It would appear that $148.98 is the bottom of what might be the first leg down. It has been a move of $18.94.
If we assume that the first leg down is 38.2% of a five wave move then the initial target is $117.50. This is an approximation of what would normally be expected in a 5 wave move.
If markets overall go into a significant decline, you now have an approximate target.
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CBA
commonwealth bank of australia.
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$178.98

It would appear that $148.98 is the bottom of what might be the...
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Last
$178.98 |
Change
-0.430(0.24%) |
Mkt cap ! $299.3B |
Open | High | Low | Value | Volume |
$179.00 | $179.49 | $178.02 | $161.1M | 900.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 9650 | $196.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$161.09 | 13261 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 5001 | 196.870 |
2 | 1593 | 191.500 |
6 | 20309 | 189.720 |
1 | 4458 | 188.480 |
11 | 14331 | 187.920 |
Price($) | Vol. | No. |
---|---|---|
161.090 | 11739 | 2 |
168.240 | 7624 | 8 |
168.420 | 25 | 1 |
170.000 | 2460 | 1 |
170.040 | 9183 | 6 |
Last trade - 15.59pm 17/06/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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