CBA lately reminds me of an encounter with some alien creature that Dick and Harry Solomon used to joke about: "We hit it, and we hit it, and it JUST WOULDN'T DIE!"
Occured to me today that the 78.6% retrace of the impulse down from $30.13 to $28.90 is $29.86... so the subject impulse down and subsequent move up to today's high of $29.85 could still be the third successive 1-2 prelude to the 3rd wave down... if so, the 3rd wave down should be a doozy.
However, if above $29.86, one could pretty well dismiss that view, and turn instead to the prospect of another major leg up over the coming couple of months.
Any thoughts on this?
Regards,
Ultrafart.
still undecided...
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Last
$134.90 |
Change
1.760(1.32%) |
Mkt cap ! $225.7B | |||
| Open | High | Low | Value | Volume |
| $133.83 | $134.90 | $133.80 | $187.2M | 1.391M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1148 | $134.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $134.90 | 2280 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| CBA (ASX) Chart |