If you do not sell when the share is totally overbought & the price drops, you have gained nothing.
The share price will be capped until earnings per share can improve which appears unlikely in the short term.
At some point we will be in a bear market & if you are not cashed up to take advantage of lower prices you will miss the opportunity & that is when real profits can be made.
CBA Price at posting:
$139.29 Sentiment: Sell Disclosure: Held
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