CBA 0.44% $73.42 commonwealth bank of australia.

CBA hit 30.58 this morning

  1. 5,316 Posts.
    The market is down over 1%, yet CBA opened low and dropped down to 30.00 before bouncing back
    and hit a high of 30.58 this morning. It has drip off a little bit now.

    I notice CBA announced this morning that they're cutting another 500 jobs. Is this part of the support ?

    I can see a retracement to atleast 32.00

    Does anyone else have any comments ?
 
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