Long if it pops above the triangleIf it pops through the triangle, we can expect a $20 gainby Patpatha2
CBA / ASX entering the long waited bear market, keep an eye on Following S&P correction, the biggest weigh on Australian index is triggering a nicely formed head and shoulders pattern on the daily, ideal short would be when it pullback, if it doesShortby isouzaUpdated 6
CBA Set to Take Breather?The forecast for Commonwealth Bank stock prices is steadily higher through to the end of December, however, it looks like a very short-term consolidation or even pull-back is likely. The ideal buying opportunity is shown in the chart when the oscillator is bright green as this oscillator is always green when the stock makes a medium-term low. When the oscillator turns bright red it typically signifies a short-term high in the next few days and an opportune time to sell a call option, in expectation of either a slowing of momentum or slightly lower prices. Based upon the analysis it would appear prudent to await a better buying opportunity than what is currently shown.by andrew.gibbs7773
Easy on CBAIf you were shorting CBA this week, FT Pivots would give you excellent reference points for the tradesShortby patricktapper8
CBA Short Term TradeThis is a test recommendation for ASX:CBA . CBA has been trading sideways causing the ADX indicator to reach a low level. This is indicative for the beginning of a new trend. With dividends being paid in late Feb an upside breakout is probably more likely.Longby andrew.gibbs7773
The Big Aussie Short (CBA)I have done some detailed analysis on this post here: cfdtradingo.com Shortby CFDTradingo5
CBAUF - Commonwealth Bank of Australia -25% since MayCommonwealth Bank of Australia (ASX: CBA) There are some factors that affect CBA Recent downturn in Australian econmy, with the decline of ASX. Australia’s largest bank joined bear market. Housing market is reaching peak, house price is going back more afforable, home loan is a main part of Monopoly Banking game.The banking regulator has forced major banks to slow down their residential investor lending (by increasing investor interest rate). www.investopedia.com Dividend yield now is less attractive which means less buyers. Comment: at this market condition, expecting share price continues decline till the year end. Note: TA analysis on chart Thank you for your reading. MichaelTran Shortby MIchaelTranUpdated 5