Well, I wasn't game to say here admit all the bullisness, but I've been in short since $33.1
Personally I think we may well be seeing a relief rally. Of particular concern to me is the situation in Eastern Europe. If things start seriously crumbling there then we may well see more affect in the EU.
I'm only short term trading this one at the moment, because I think the global economy still has some hard news coming. That's simplistic, I know, but as of late last year I've started trading sentiment rather than (or in addition to) charts, and it's proved a valuable strategy.
I know I'm the odd man out here, but if things do go to the wall, I'd not be shocked to see mid to low $20s again.
Take that with a grain of salt, of course.
I have moving stops set about 50c out of the action.
how much lower, page-14
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |