CBA 0.31% $149.79 commonwealth bank of australia.

Hi Club_sharer & others,CBA has been consolidating for the past...

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    Hi Club_sharer & others,

    CBA has been consolidating for the past 3 months and the MACD has returned to the Zero line and bounced (as you correctly stated over one month ago Club_sharer), but price action is still quite lathargic IMO. FWIW the chart below suggests to me a return to ~ $33 (and probably lower in time) before popping through $39 & above.

 
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CBA (ASX) Chart
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