CBA 0.13% $87.91 commonwealth bank of australia.

request for advice...

  1. 436 Posts.

    Anyone care to comment on CBA's movements lately? I have it in the middle or near the end of a correction from $23.05 on 13 Mar 03, but the structure is so ambiguous, it could go anywhere from here and still be in that correcton OR be continuing on its way down.

    Strictly speaking, in the near term, it looks like it has just about finished a small degree 4th wave triangle, and so is probably headed towards or above $28.00 tomorrow. If so - if this view is borne out - then regardless of whether the correction is finished or not, the wave structure demands a retrace to below $26.26 in the coming days or weeks.

    I'd appreciate any clarifying viewpoints if anyone has some.


watchlist Created with Sketch. Add CBA (ASX) to my watchlist
(20min delay)
Mkt cap ! $155.9B
Open High Low Value Volume
$88.00 $88.00 $87.15 $168.6M 1.921M

Buyers (Bids)

No. Vol. Price($)
1 92 $87.90

Sellers (Offers)

Price($) Vol. No.
$87.93 1717 2
View Market Depth
Last trade - 16.10pm 15/04/2021 (20 minute delay) ?
0.110 ( 0.23 %)
Open High Low Volume
$87.88 $88.00 $87.23 88008
Last updated 15.59pm 15/04/2021 (live) ?
CBA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.