No worries, Happydayz. TA does seem like voodoo hocus pocus sometimes.
I definitely don't believe in fibonacci percentages or the alleged power of fib numbers and sequences.
But I do believe market movers will use the percentages and trade accordingly and HAT affects a stock's fate..so for that reason only I use them.
Stripped of all indicators, a chart can simply be a record of prices. That in itself makes it useful.
Anyway, today's candle is bullish. Bullish engulfing, it's called.
But the strong bounce off $35 was TA delight. :-)
bhp, page-15
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Last
$42.70 |
Change
-0.380(0.88%) |
Mkt cap ! $216.5B | |||
| Open | High | Low | Value | Volume |
| $42.91 | $43.15 | $42.66 | $398.1M | 9.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 16374 | $42.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.73 | 600 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |