Investors Brace For CBA’s AGM Today

Since posting an intraday low of $65.60 on October 26th, shares of CBA have risen over 5% and reached $69.90 in early trade today.

Investors have cause to be pensive as the banking giant will hold its AGM in Brisbane today and round 7 of the bank Royal Commission will start on November 19th.

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We see technical price resistance in the $70.25 area and initial support at $67.30.

Commonwealth Bank

 

 

 

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