investedz.
thanks for your reply.
i feel the bearish rising wedge was in place untill the start of june when the sp broke the resistance line with a increase in volume.
if the break of the resistance line was with a decrease in volume, then the bearish rising wedge would, i feel, still be in play.
i do not know if the next formation will be a H&S or a down trend from the bearish rising wedge.
it may be sometime before we see the highs in june broken.
if a H&S formation is forming, a trend down to fill the gap at around $29.50 is possible.
have a good one.
582
charting shorts, page-90
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Last
$41.63 |
Change
-1.770(4.08%) |
Mkt cap ! $211.2B | |||
| Open | High | Low | Value | Volume |
| $42.00 | $42.20 | $41.58 | $447.3M | 10.70M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1239 | $41.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.63 | 14534 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |