Could also argue that BHP is trading in a 'box' with a huge range and at least for the moment theres a possibility of retesting the bottom of the box at 30 bucks. For me anyway, seeing as 35 bucks is the midway of the box which often acts as a price pivot zone adds more confluence for me, but im much more profitable reacting instead of predicting. We apparently await.
Obviously just my opinion, neither nor hardcore bull or bear.
Peace
Karl
Could also argue that BHP is trading in a 'box' with a huge...
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| XJO (ASX) Chart |