CBA to retrace back to moving average. $CBA

Commonwealth 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.

הפקודה בוטלה:

The stock went up due to good employment numbers, which decrease the chance of a rate cut in Feb 2020.