Chinese stimulus looks like the trigger finally for rotation out of banks into miners.
Time will tell.
Experts have been saying for weeks CBA is overvalued.
I'm long miners and have shorted CBA today.
I'm not here to spruik any stocks, just giving my thoughts on what might be happening.
Good luck everyone.
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CBA
commonwealth bank of australia.
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1.75%
!
$187.58

Chinese stimulus looks like the trigger finally for rotation out...
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Last
$187.58 |
Change
3.230(1.75%) |
Mkt cap ! $313.7B |
Open | High | Low | Value | Volume |
$185.19 | $188.36 | $184.95 | $191.9M | 1.027M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 43 | $187.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$187.59 | 131 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 105 | 187.480 |
2 | 35 | 187.460 |
5 | 126 | 187.450 |
1 | 25 | 187.440 |
4 | 213 | 187.430 |
Price($) | Vol. | No. |
---|---|---|
187.500 | 456 | 10 |
187.510 | 25 | 1 |
187.520 | 50 | 1 |
187.530 | 35 | 2 |
187.540 | 209 | 5 |
Last trade - 13.10pm 24/06/2025 (20 minute delay) ? |
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CBA (ASX) Chart |