At $34 there is obvious resistance at old support and $35 is a 50% bounce.
Surely any thoughts of returning to $50 any time soon is implausable.
That suggests probably years of sideways action IMO.
So the traders will have the advantage over the buy and holders for some time.
I was hoping for a October low leading to a rally top in April to continue the 1/2/3/4/5/6 etc month sequence of moves back to mid 2007.
The longer term indications were for a Oct/Nov low like 1991/2 and Nov was the lowest as it was then.
Since there was a good low in Oct even though not the final low, I would still be watching April if things hold up.
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Last
$43.56 |
Change
0.390(0.90%) |
Mkt cap ! $220.9B |
Open | High | Low | Value | Volume |
$43.64 | $43.73 | $43.26 | $211.2M | 4.849M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11133 | $43.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.57 | 5435 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13746 | 43.540 |
2 | 2540 | 43.520 |
1 | 12 | 43.510 |
3 | 1661 | 43.500 |
3 | 6932 | 43.480 |
Price($) | Vol. | No. |
---|---|---|
43.570 | 440 | 1 |
43.580 | 2075 | 2 |
43.600 | 4149 | 4 |
43.620 | 300 | 1 |
43.630 | 40000 | 4 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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BHP (ASX) Chart |