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Articles for: CBA

Lauren Jones image

Equities, Equities – Up or Down?

Lauren Jones 22 Jul, 2013
Since my last article we have seen the Australian finance stocks rally from early June and the SPI rally from late June.
Tom Scollon image

Time to cash in CBA?

Tom Scollon 2 May, 2013
A few weeks ago we looked at CBA which was setting up a classic text book wave four ready to move to wave five.
Lauren Jones image

Banking on a Fall

Lauren Jones 16 Nov, 2012
When we first teach students to select trades, we advise them to trade with the trend.
Lauren Jones image

Resistance Cards in Action on CBA

Lauren Jones 10 Sep, 2010

I last wrote about CBA:ASX looking at another 50% retracement in price and 50% in time lining up with a Time by Degrees date. We see from Chart 1 that this lined up with an almost 100% repeat of the previous range up and there was also price resistance around this point from the ATH Highs Resistance Card and the 2009 low Lows Resistance card. The combination of all these price pressure points form a price cluster which had us expecting a turn in the market. Trading this run short, however, required use of some of our advanced entry methods.

Lachlan McPherson image

It's Been a Wonderful Time

Lachlan McPherson 23 Aug, 2010
It’s been a wonderful time in the markets. We’ve seen a very clear trend and if you were on board using Elliott Wave Analysis you would have no doubt seen some excellent trades.
Lauren Jones image

More 50% Retracements

Lauren Jones 16 Aug, 2010
If you’ve been reading the Discussion Forum you’ve probably noticed that quite a few students are watching double tops appearing at 50% levels on several markets.
Tim Walker image

Looking for Relative Strength

Tim Walker 17 Mar, 2009
By now many of you will be aware that the Australian Securities and Investments Commission has decided, in its wisdom, to extend the ban on short selling of financial stocks until 31 May 2009.
John Jeffery image

MACD Confirmation Signals

John Jeffery 6 Feb, 2009
The MACD (moving average divergence / convergence) is a popular and often cited trading indicator.
Andrew Page image

What, me worry?

Andrew Page 29 Jan, 2009
In November of 2007, after five years of phenomenal growth, the Commonwealth Bank of Australia touched a new record high of $62.16. Of course since then the bank, which was the very definition of a solid blue chip company, has since dropped over 60%, last week returning to levels not seen since early 2003.
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