Last tentative bearish price objective which I took with CBA (Commonwealth Bank of Australia) was met in no time. I have switched to the wonderful WYCKOFF METHOD HORIZONTAL COUNT METHOD to drill it down further as to where the correction may end.
As always these price objectives are tentative and may only be used as an added secondary information, no more. In technical analysis price action, first and foremost.
Maximum bearish tentative price objective is @ $63.10
Minimum bearish tentative price objective is @ $70.10
All the information is on the chart.
All the information and analysis provided on this website is general in nature and for educational purposes only and does not constitute financial advice. No content in any way implies a recommendation to buy, sell or short sell any financial instrument, nor is it financial advice.
Investing and trading in financial markets carries considerable risk, and should always be done in consultation with a licensed financial adviser taking your personal circumstances, financial situation, objectives and needs into consideration.