Yeh mate, I agree. It would be a stealth trade, in and out!
The bears have come out of hibernation no doubt. Alot of stocks failed to go through support levels today which could mean a bounce back up of some sort. I counted 8 stocks on my watchlist that are either hanging outside the BB,s or have opened outside and closed inside suggesting a potential reversal to the upside. BHP is still in an up-trend so I will go with the trend.
BHP traded below the EMA50 and stayed below today. If it trades back above next week , that would be a good sign for the bulls.
Al the best,
Fozburger
production report take aways, page-18
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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 |