warhog

Easy Trade - Mean Reversion

Long
warhog Updated   
ASX:CBA   COMMONWEALTH BANK OF AUSTRALIA.
Hit by fears of inflation and now fears of Omicron (the transformer). Looking like an easy long for a bounce towards $100.

MACD showing a move towards zero line.

Tight stop at current low of $92.70

Large market cap straying too far from it's True Range.

Already green on this trade but would be nice to get at least another $3.
Comment:
Closed position
Trade closed: target reached

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