next target $74.++just my own notes, by no means trading advice to anyone. please do your own research before entering into any trade. I think ASX:CBA shares are going to touch $74 soon.Longby AsimMirza786111
CBA.ASX Downtrend start Best buy @ 62.61MACD supports downtrend started. Support @64.43 Best buy point @62.61Shortby crypticZ5
Potential long opportunityIn the weekly chart we can see that the highs in the chart is testing previous resistance points as indicated by the green arrows. However with only one retest as indicated by the little yellow arrow on the right and then it was rejected I would recommend further retests before we can confirm a breakthrough. The volume is also declining and we have potential for it to fall back to $53 which was also the resistance for 2010-2012. The RSI seems likely it would pivot but once again would need a confirmation as one breakthrough seems unlikely to last. We are also not seeing a recovery in MACD so I would recommend a wait and see mentality till there is confirmation the resistance will be breached. For entry point I recommend waiting till another retest fails and drops back down again. *This is in no way trading advice, simply an opinionLongby SpudSquad333
very high probability that the price will fetch $ 64very high probability that the price will fetch $ 64by houssamali52
CBA (Common Wealth Bank of Australia) potential LongBuy orders set at Support Level dating back to 2012, the Level has not been tested very often, increasing the probability of a bounce. The level also acted as a strong resistance in the past. FIB level seems the most likely target for the bounce. Possible 8.5% + Trade, with high R.Longby CharlieTrout4
ASX:CBAPrice in a pennant pattern , needs to break upper trend for continuation to upsideLongby simtrader19aUpdated 5
Looking for CBA $59 to enterLooking for CBA $59 to enter and hold for long term00:29by goldeneggfund225
Death Cross looming CBA.Death Cross 200 MA & 50 MA looming for CBA. Let's hope we get a bounce. If not see next support levels below by Nope_I_Dont_Agree3
CBA bounce explainedCan we without any doubt attribute CBA to the RSI bullish divergence? Is it too early to say that the bounce is for sure? In any case we dont rub a crystal ball here to know what the future holds. However, one indicator showed an early sign of the recent bounce. That indicator is none else the RSI dvergence. Of course 57, recent bounce level, is in the historic R/S levels but in terms of divergence, You can see price lower lows with an RSI higher low. This theory needs to be validated in coming days. Soon I will share the targets for TP.by xtf_ze_trader662
BANK ROBBER on the loose! - CBA AWAIT RETEST AREA over coming months, but give them hell if price signals short opportunity..by PermacultureUpdated 2
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CBA to retrace back to moving average. $CBACommonwealth Bank of Australia had a good rally the last few trading days and shares likely to retrace back to the moving averages. Technical indicators such as the MACD, RSI, DMI and TD Sequentials are showing bulls are running out of energy. Shortby johninvest17Updated 227
CBA BULLISH PENNANTStrong buyers have come in and broken upper trend line forming a Bullish PennantLongby simtrader19a4
CBA break downCBA broke to the down side of the rising wedge. now price trading in a down trend channel. chart looks bearish like WBC. RBA cuts will not help. Its game over for the asx200 which is basically the big 4 banks. Shortby RogueCleaner4
Commonwealth Bank of AUS to retrace back to moving averages $CBASell or Short $CBA. Commonwealth Bank of Australia to retrace back to moving averages. More likely to retrace back to the 200 moving average (red line) at this stage to form an ABC correction. Or retrace back to trendline support. Shortby johninvest173