Hi mate, sorry been in holiday mode this last week.
Seems those puts were closed at the right time as the bounce came right on cue. Lol
There has been heavy selling on CBA recently but as you know those times are limited without any real catalysts.
Considering it's been Xmas trading vols and minimal economic data there's been no significant catalysts so these next few weeks should be more interesting.
Couple of things I will say regarding recent volume
Throughout the whole H & S pattern the POC (most traded price) is around $105.50, so I'd watch trading around here.
Any moves to the upside I'd watch $107.25 as there haven't been many willing buyers beyond that - so you can make up your own mind on how that plays out.
I've seen you've had some good wins of late so hopefully you get a few more.
All the best
CBA Price at posting:
$103.18 Sentiment: None Disclosure: Not Held
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