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jakebabula
Jun 25, 2021 7:01 AM

ASX:CBA 

COMMONWEALTH BANK OF AUSTRALIA.ASX

Description

Commonwealth Bank, one of my safer stocks to watch.

With an uptrend that felt like it would never end, we finally have a good buying opportunity on our hands.

Uptrend and downtrend are both coming to a squeeze on a support/resistance line.

Looking to buy in around the $98 support if price holds.

Otherwise letting it drop and hoping to get in at the $87 support line.

DYOR
I hope this helps someone
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