CBA 0.70% $87.80 commonwealth bank of australia.

projected end of correction..

  1. 436 Posts.
    Hi all,

    For anyone interested, if the 61.8% retrace (~$30.40) doesn't halt CBA's advance, the next spot on the map is the point where C = A, ie, $31.78 (in log terms). If so, I reckon that point should be reached about halfway through July...

    ... although, with the XAO looking like continuing down in the near future, I'd be surprised to see CBA continuing on up...

    Regards,

    Ultrafart.
 
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