I am waiting to see if the 200MA holds up, if it breaks and closes under sure it will go lower. Perhaps the analysts can finally redeem their credibility of calling a PT of 122-130 after being dead wrong for 3 years straight, truly a windowmaker call. That would be a nice opportunity if everything holds up bar any major economic shocks. As mentioned here before, this is one of the only stocks on the asx you need to care about, bar a select few. I am happy to wait out the rest of March, but re-assess toward early April where if we can bounce back to a macro high should give us a clearer picture. Trump's policies will ofc be key, and remember his ego will be checked, you can be on that. He only has a limited window 6-12 months until the it becomes "his" economy and in his words "the market will soar"
CBA Price at posting:
$142.85 Sentiment: Hold Disclosure: Held
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