Key IMO is the US fed announcement expected later in the week. Will they hold rates, or will they lift them 0.25%? I'm holding out until this decision is on the table.
Otherwise, via momentum indicators, the charts look OK to me here... short rally OK, that is. Although I am keeping a close eye on the weekly candle which shows a Bollinger Band squeeze is on. To me a pretty reliable indicator it's going to break one way or the other with force. Impossible to tell which way at this stage.
Key IMO is the US fed announcement expected later in the week....
Add CBA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$134.90 |
Change
1.760(1.32%) |
Mkt cap ! $225.7B | |||
| Open | High | Low | Value | Volume |
| $133.83 | $134.90 | $133.80 | $187.2M | 1.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1148 | $134.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.90 | 2280 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |