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Salami Thursday, page-3

  1. redbacka
    9,429 Posts.
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    06/09/17
    22:19
    Post #: 27046002
    Here's the chart for CBA, down today -1.19%.
    Screen Shot 2017-09-06 at 10.15.20 PM.png

    CBA is very oversold with an RSI9 <20.  Money Flow Index is down in the buy zone.  Bands on the Dynamic Zone Stochastic have squeezed together.

    All this suggests we'll see at least a counter trend rally in CBA in the near future.  That would be positive for the broad market.

    RB
    XJO Value at posting: 5,689.7
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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