Yes, some more weakness wouldn't be surprising. This weekly chart indicators have recent divergence starting when the RSI was in overbought territory in May during CBAs uptrend.
If there's downtrend or a good probability of one developing I hold off buying.
Time to buy or wait till cheaper?, page-8
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 (20min delay)
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Last
$149.79 |
Change
0.470(0.31%) |
Mkt cap ! $250.6B | |||
| Open | High | Low | Value | Volume |
| $149.30 | $150.35 | $148.86 | $301.3M | 2.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 450 | $149.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $149.80 | 350 | 2 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| CBA (ASX) Chart |