Shor CBA at 144. Target 130 . Stop 147.

80
CBA has already qualified for putting in a double top with a divergent RSI on the daily.

I would like to short here at $144 with a target of $130 and a stop of $147.

(Risk reward is about 4.5 to 1)

Thanks
Kavi
Trade closed: stop reached
Please note the Stop was reached on on 8th Novermeber. A second attempt to short was made at $156 on Febuary 24th 2025 thanks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.