12 month daily candlestick chart of the Commonwealth Bank This chart of the recent price action of the Commonwealth Bank of Australia has been posted to illustrate how Technical Analysis can be a reliable tool on which investors can rely… Read More ›
The five year weekly chart of CBA shows that $70 has become an important resistance to support level. In the three years to March 2015 its share-price doubled from $48 to a high of $96 exciting speculation that it… Read More ›
Commonly used technical analysis tools, Fibonacci retracement and extension numbers, can be helpful in monitoring appropriate entry and exit points for trending stocks. An earlier post dated February 14, 2013 set a target of $74 for bell-whether financial stock, the… Read More ›
