CBA 0.80% $60.29 commonwealth bank of australia.

ex dividend, page-2

  1. 436 Posts.
    hi david,

    don't know the divvy date, but the 3-wave move from 30.05 to 29.30 over the last couple of days means (IMO) that CBA's whole move up from 28.90 lately has been corrective.

    This means that CBA is going back up above 30.10, probably up to 30.51, and maybe even higher than 30.62, but it will fall back below 28.90 before the whole structure since it last hit 30.62 is finally complete.

    Very frustrating though - could take months for all this to happen. And the effect of the divvy will be in there somewhere.


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