After a high performance in London last Friday, I fear we have seen the best of BHP in the short term and expect a correction as we now have the beginnings of a double top on the daily chart. BHP may fall into some range trading between 11.75 and 12.80. Hence I have a target of 11.85 for BHP before the end of next week. (possibly by COB 8 Apr if Wall street obliges with a couple of weak sessions.)
It is down 2% in London. lets say $12.30 tomorrow here in oz.
Anyone care to comment
heading south- down 2% in london
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Last
$45.06 |
Change
0.420(0.94%) |
Mkt cap ! $228.6B | |||
| Open | High | Low | Value | Volume |
| $45.05 | $45.47 | $44.78 | $351.0M | 7.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $45.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $45.07 | 4549 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |