I think if they are heavy falls again on Tuesday morning bargain hunters will be out in the afternoon but as you say it will likely be a bull trap met with more selling as more people get out in the coming weeks. CBA is heavily exposed to the Australian property bubble. The game is up for Aussie banks IMO no wonder they were rushing to raise capital in the last few weeks their analysts would have seen this capitulation coming.
im so surprised, page-34
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Last
$131.66 |
Change
1.740(1.34%) |
Mkt cap ! $220.3B | |||
| Open | High | Low | Value | Volume |
| $130.80 | $131.84 | $129.89 | $256.3M | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $131.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $131.66 | 712 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |