INTERESTING TO NOTE THAT
usa surged in expansion early 1900s and japan surged in late 40s and 50s both times the commodity boom spiked prices and eased back to a slow rise as expected
the same will happen with chinas surge the commodity spike will ease back to a normal slow and steady rise rather than the spike we are seeing at the moment
as such beware of buying stocks like bhp for anything more than a quick surge up there was a positive key reversal on friday suggesting a surge up on the open on tuesday then a continuing down trend over the next few weeks
commodities will eventually begin to normalise and bhp will for the medium to long term be a huge winner short term be careful
everyone got on board right, page-20
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Last
$41.54 |
Change
-0.530(1.26%) |
Mkt cap ! $210.6B | |||
| Open | High | Low | Value | Volume |
| $41.57 | $41.84 | $41.31 | $356.2M | 8.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $41.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.54 | 2990 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |