blueballs,
yes, there is strong support at $24, and under normal market conditions worthy of a punt at those levels.
But over the previous 2-3 weeks ive seen many resources stocks fall through strong support levels, then continue the fall into the abyss.
I need to see more evidence of a bounce before i enter. i.e a double bottom at $24, with favourable indicators, followed by a move above the interim peak to a new high.
I may not get in at the bottom, and perhaps i ask too much before entry, but at least i wont get burnt.
medium term price, page-16
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Last
$40.42 |
Change
-0.485(1.19%) |
Mkt cap ! $204.1B | |||
| Open | High | Low | Value | Volume |
| $40.15 | $40.45 | $40.03 | $153.5M | 3.815M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 3967 | $40.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.42 | 2624 | 28 |
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| Last trade - 14.26pm 13/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |