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RizeSenpai
Jun 25, 2023 10:06 PM

Commonwealth Bank of Australia is Setting Up to Decline Over 77% Short

COMMONWEALTH BANK OF AUSTRALIA.ASX

Description

CBA, Australia's Biggest Bank, is currently breaking down below a trend line after previously confirming Bearish Divergence on the monthly MACD and RSI, and the nearest strong support level is all the way down at around the levels of $40–$22.

This may be the ultimate sign that we are about to see a significant greater move down of the global financial sectors sooner rather than later.
Comments
vinemail76
$40-22 crazy 🤪
zAngus
Wow. That would be a pretty catastrophic drop.
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