I have been doing a lot of TA on this stock this weekend and have concluded that there are two key levels....
If it breaks $27.40, then expect upside to probably $29.00; if it breaks $26.50, then downside to $25.50 or possibly lower.
Technicals for CBA and all the banks are looking weak and generating sell signals at the moment. What I am looking for tomorrow (as early confirmation of the continued downtrend) is an initial surge in CBA followed by selling - in much the same way as last Wednesday when it surged to $27.64 and then got sold off.
Regards,
Jaysee
time has arrived, page-8
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Last
$127.69 |
Change
2.800(2.24%) |
Mkt cap ! $213.6B | |||
| Open | High | Low | Value | Volume |
| $125.50 | $128.42 | $125.50 | $327.0M | 2.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 814 | $127.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $127.69 | 671 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| CBA (ASX) Chart |