This $44 stuff is very optomistic best case scenario really, isn't it?
Seems to me that the move up over the past 2 weeks has been too slow, if we're going to $44 in the near term. It was 6 days down into the low and back over previous high on the 6th day up. Nothing special about that.
While the world is going bananas BHP has been 6 weeks below its high. No, something's gone wrong here.
My best guess is that this stock has been in distribution phase since the end of July.
Distribution before a fall.
WXZY get ready my ole mate me thinks we may be back in business soon lol
showing weakness, page-35
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Last
$42.48 |
Change
-0.120(0.28%) |
Mkt cap ! $216.1B | |||
| Open | High | Low | Value | Volume |
| $42.79 | $42.80 | $42.39 | $40.65M | 954.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 983 | $42.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.50 | 2685 | 16 |
View Market Depth
| Last trade - 12.22pm 05/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |