Interestingly, the upwards move from today's low of $148.98 to $156.23 ($7.25) is a Fibonacci 38.2% rebound from the $18.94 move down. A move back down tomorrow would be a good sign for the bears although a continuation of the move up would still see the bears happy with a reversal even as high as from $158.45 or $160.68.
The next major downwards move should be in the vicinity of $30.64 if it performs the way Ralph Elliott would have expected it to behave.
Corrections can be very tricky things to predict & are usually not as reliable in predicting as movements in a bull market.
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 (20min delay)
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Last
$179.14 |
Change
-0.270(0.15%) |
Mkt cap ! $299.7B | |||
| Open | High | Low | Value | Volume |
| $179.00 | $179.49 | $178.02 | $247.5M | 1.382M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4272 | $179.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $179.15 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2025 (20 minute delay) ? |
| CBA (ASX) Chart |