CBA 0.28% $120.34 commonwealth bank of australia.

$75 by end of the month

  1. 4,133 Posts.
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    CBA get heavily oversold over the past several week and breaks 5 year lows.

    And its US peers has launched a fierce bounce back overnight for ~5% for Morgan. Overall banks up ~2%. btw, its US peers never touched even one year low in the new year.

    Overnight USA market SP500 revenged up over 2% nasdaq over 3%.

    All sets up for big revenge for CBA holders.

    And it is the time.

    I expect $75 by end of the month the earliest and by end of the next month the latest.

    IMHO

 
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