COMMONWEALTH BANK OF AUSTRALIA CBA

SanDy00100 Updated 

CBA has formed a large rising wedge with declining volume, RSI has now hit oversold. Go figure which way this will go. They're going to have to take on COL's catchphrase DOWN DOWN, PRICES ARE DOWN.

RogueCleaner Premium

CS will trigger a chain reaction CBA will feel it too. its all in the fibonacci levels. loans to home buyers have hit saturation levels. no one left to to feed the ponzi.... debt brings consumption forward... and tomorrow is now today. time to pay the piper. in OO programming., we call the destructor to clean up ~cleanup();

Swoop6

Correction should end around $75-81~ - we're in a macro wave 3 price will continue to trend up higher for a long time.

Rotuma

A potential dead cat bounce I am expecting a test of the top of the channel if prices break 94.30, areas of interest at 95,97, and 100

availableTacos55776

based on the current situation with bonds and interest rates, cba will correct. reflecting a correction in house prices. I think the correction will be mild to medium (15-25% from here) putting CBA down to about $62 a share or lower reflecting increase in bad debt, lower consumer sentiment. it will be held low throughout 2023 as the market finds its feet (XJO...

axelodg

Loss of acceleration on the RSI and possible breakout of a stagnation pattern. .

Hawkeye_Analytics

Commonwealth Bank of Australia has just posted 4 consecutive losing weeks but remarkably remains above its 200-day moving average. Since 2000, a weekly losing streak of this length while still respecting the 200-day moving average is rare. Data paucity caveats aside, similar events have been unusually kind to CBA, with a 6-week average gain of 4.9% & win rate of 6...

sachinpachori

CBA can be bought at price of 98-99 for a target of 107-108.

Hawkeye_Analytics

Since 2000, Commonwealth Bank (CBA) has displayed a consistent 15-day return following a 12, 26, 9 MACD Daily Histogram below 0 for 25 consecutive days & volatility was trending lower (50-day Average of Absolute Daily Deviation is lower than the 200-day Average of Absolute Daily Deviation). Average return of 2.80% with an unblemished win rate of 20 from...

Hawkeye_Analytics

Commonwealth Bank CBA has just recorded 3 consecutive down weeks but remains above its 200-day moving average. Since 2000, this type of weakness has occurred 23 times. Following this, the 6-week forward interval provided an average return of 5% with a win rate of 21 from 23 events. Disclaimer: This data is not financial advice. Past performance is not a guide to...

Arctic9 Premium Updated 

After the 2020 dump and recovery to new all time highs in Nov 2021, price could move sideways/down for some time e.g. until late 2024/early 2025, until a new uptrend. This is if it fails to push past $110 to new all time highs in the short term, in a scenario similar to 2008-2009. Key levels are around 110.19, 93.60, 77, 60.42 such that: 1) Above 110.19 and...

bandbbricks Pro

should have nice bounce back to $103 if hold above that resistance line should hit $106, 4 week time frame with 15% swing

03:38

Mishka1 Pro+

Elliot wave complete since COVID March 2020 low Projecting FIB targets for a zone of interest to potentially start accumulating or pyramiding long. A confluence of FIBS with Key horizontal Support, moving averages (200EMA), and Ichimoku. Wait for base to form and confirmation before entry and market sentiment to support the bais.

warhog Premium Updated 

Hit by fears of inflation and now fears of Omicron (the transformer). Looking like an easy long for a bounce towards $100. MACD showing a move towards zero line. Tight stop at current low of $92.70 Large market cap straying too far from it's True Range. Already green on this trade but would be nice to get at least another $3.

wavesalon Pro+

Major sign of weakness shown with the recent big drop, signalling trend change. Anticipate final leg up to around $100-105 before mark down to $88 and test there.

nirav2311 Pro

This is my first publishing and purely for educational purpose. DYOR It seems that CBA is forming Wyckoff Distribution - Phase D UTAD, coming in range with high volume and wide price range. It might take support from ICE (Green dashed line) and could continue to fall till next support zone around $90. Lets see how it goes. Fingers crossed Thanks.

Jerm88 Pro

Text me if you have any questions/comments for me. ----- CBA - Previous video analysis was done on 13 Oct (red arrow) – suggested waiting for a successful rebound above $109 before plotting entry - Today, the stock gapped down below the short- and mid-term supports - It closed below the strong psychological support of $100 - Coincidentally, today is the 4th...

PR0F1T5 Premium

CBA has broken the to the downside and not many would have anticipated it