Ann: BlueScope increases 2H FY2023 earnings guidance, page-14

Here's long term view of price movement for BSL.... rhythms or manipulation? I'll leave that up to you.
All time low in 2012. From there it traded up to $6.64 then fell away to the 75% retracement level of that rise in 2015. The next bull run from saw BSL rise to the 300% level of the previous hi-low (shown pink) also the 33.33% all-time Gann level (shown green) before retracing to the 61.8% Fibonacci level to form the Covid low in 2020. From there it rose to the 100% level of the prior hi-low price extension (shown yellow) and to the 50% all-time level (shown green). BSL has recently again traded down to the 61.8% level of the previous hi-low of 2020-2023 (shown blue) and risen strongly for 7 continuous months. Today saw it hit the 38.2% level of the previous hi-low price extension (shown blue) this level is also the 61.8% level of the 2021-2022 decline so it is no surprise it was met with selling at that level today, uh sorry manipulated at that level today.... The previous recent resistance level of $20.60 is the major all-time 38.2% Fibonacci level (green) and also close to the 50% level of the 2021-2022 decline (black) which should hopefully now act as a support level. That said, we are now at a Fibonacci time zone so a pause in the rise may possibly be due... uh... manipulation is due. A pullback to the $19.10-$19.35 area or $18-$18.20 area could be possible before resuming the uptrend or it could continue to fall, by that time a sell rule would be triggered and I would waiting for the next major support level to hold then look to enter again on a buy rule.

Monthly chart - long term view.