On June 29th, when CBA was trading at $84, our Algo Engine generated a sell signal, as CBA formed a “lower high” structure.
Since then, selling pressure has gradually increased with the $84 to $85 range forming the resistance of the bearish pattern.
On June 29th, when CBA was trading at $84, our Algo Engine generated a sell signal, as CBA formed a “lower high” structure.
Since then, selling pressure has gradually increased with the $84 to $85 range forming the resistance of the bearish pattern.
Or start a free thirty day trial for our full service, which includes our ASX Research.