MY thoughts are that a breakout into the 08 channel has now failed after a stellar rally. A retest of the lower limit of this accumulation/distribution channel is on the cards. The USD is recovering from recent lows, which suggest a US correction is due. CBA shot up around 63% from the low, and that’s a fantastic return for those of us who bought there. There a plethora of fundamental question marks over CBAs earnings going forward, so to my mind a 63% return in a few months is not bad. initially $31-33 target.
As off Friday im out and now SHORT big time. Fortunately todays action allowed me to move my stop well into cost + brokerage, so if im wrong who cares. In any case I can hear Clown tears this week.
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MY thoughts are that a breakout into the 08 channel has now...
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Last
$136.73 |
Change
-0.700(0.51%) |
Mkt cap ! $229.1B |
Open | High | Low | Value | Volume |
$136.95 | $137.28 | $136.20 | $45.13M | 330.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 121 | $136.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$136.76 | 50 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 70 | 136.680 |
3 | 42 | 136.670 |
5 | 105 | 136.660 |
3 | 80 | 136.650 |
4 | 141 | 136.640 |
Price($) | Vol. | No. |
---|---|---|
136.710 | 173 | 4 |
136.720 | 76 | 2 |
136.730 | 25 | 1 |
136.740 | 62 | 2 |
136.750 | 548 | 7 |
Last trade - 11.56am 28/08/2024 (20 minute delay) ? |
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HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
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