CBA 0.81% $126.94 commonwealth bank of australia.

Sorry Millibuster my chart is looking different, can't post it...

  1. 263 Posts.
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    Sorry Millibuster my chart is looking different, can't post it though.
    on the daily we ran up and hit a high of 79.09 which is a major resistance line, also hit back on
    the 11th may at 79.20 and on the 27 may at 79.18. historically August is a terrible month for CBA.
    also goes ex dividend on the 17th of this month. i got in not too long after it hit resistance and expect it to go down to around the 72.50 mark before the Month finishes.

    03/08/2015 high was 87.26- low for the month was 71.42 on 25/08/2015
    01/08/2014 high was 82.67- low for the month was 78.94 on 19/08 2014
    01/08/2013 high was 73.98- low for the month was 69.74 on 20/08/2013
    01/08/2012 high was 57.25- low for the month was 53.57 on 30/08/2012
    01/08/2011 high was 50.45- low for the month was 43.17 on 09/08/2011
    03/08/2010 high was 53.90- low for the month was 47.81 on 25/08/2010

    All this is pure speculation and alot of boredom while i suck on a few cans after work.
    banks generally have had a good run up. and as they say what goes up must come down lol.
    this has been done as a record for me and to show you a differing view, good luck
    IKN
 
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