Bearish on CBA Short

COMMONWEALTH BANK OF AUSTRALIA.ASX

Description

⋅ Mar 20, 2018 12:11 PM

I think the broader market cycle for CBA has reached it's highs and unless we break above $88 we're probably going to drop down to the $48 -$52 zone. The last 3 monthly candles look bearish.

Trend Analysis Chart Patterns