re: china - import of copper grows Hi Schnitzel, Hope u made a motza on bhp shorts.
i should have said i do believe bhp will dip up to 5% . It was easy money for a week or so and thats generally a sign of a correction. I had stats of the % gain for each wave up and down for the last 2 years but cant find it. If this is the top of the latest up wave then it could go down about 10 to 15%, b 4 continuing up. If its a correction due to profit taking (prob IMHO) and still going up to new highs then it may dip to $25.80 (hit today) then $23.80/$24.00 is next support tho i use this term loosely as bhp has gone vertical from $21.50 in 3 weeks.Major support at $21.30/$21.50/$21.70 .band I think with current outlook im looking at $25.50 b 4 going long, buying up if it goes down lower and holding the lot till it goes back up as per usual.
I keep looking at my chart and cant help but keep thinking bhp has broken up and out due to poss rerating , support from anyone that has some cash to invest. etcand if so then it will test $26.60 very much sooner rather than later.
cheers.
- Forums
- ASX - By Stock
- BHP
- will be up more tonight
will be up more tonight, page-31
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$40.31 |
Change
-0.050(0.12%) |
Mkt cap ! $204.5B |
Open | High | Low | Value | Volume |
$40.46 | $40.70 | $40.16 | $280.3M | 6.927M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12907 | $40.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.35 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12907 | 40.310 |
17 | 31410 | 40.300 |
5 | 17308 | 40.290 |
2 | 15444 | 40.280 |
2 | 29935 | 40.270 |
Price($) | Vol. | No. |
---|---|---|
40.350 | 2000 | 1 |
40.390 | 124545 | 1 |
40.490 | 300 | 1 |
40.500 | 500 | 1 |
40.550 | 7141 | 2 |
Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |