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COMMONWEALTH BANK OF AUSTRALIA
Short

CBA / ASX entering the long waited bear market, keep an eye on

By isouza
Updated
Following S&P correction, the biggest weigh on Australian index is triggering a nicely formed head and shoulders pattern on the daily, ideal short would be when it pullback, if it does
Note
Quick update: Moving my stop to break even, might take advantage of this morning's gap (if / when closed) to add more shares to my position. Target seems very realistic considering global markets situation.
Note
Target reached this morning, might want to cover your short position
Head and Shoulders
isouza

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