CBA 0.16% $79.73 commonwealth bank of australia.

current chart...

  1. 436 Posts.
    Hi All,

    For anyone who cares, here's CBA as of Fri 20 June 2003... Note the clear 5-wave decline from the high at $34.94, and the 3-wave upwards correction since $23.05.



    The only question is how much further will wave C of 2 (the 3-wave correction) keep going? It breached the 61.8% retrace level today Monday 23 June 2003. If it stays within the channel (green lines), then $31.78 is as good a guess as any IMO.

    Regards,

    Ultrafart.
 
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