No, I haven't bought in.
Technically, with a stochastic at 5, and RSI at 24, BHP can be considered oversold, but doesn't mean it can't keep falling lower.
It fell to below trendline support this morning but is holding on now.
It could rally from here, but more tested support is at $36.60 and $36.30--- which is also in the region of the 500 day sma.
And there's still the millstone around its neck called a possible pending higher offer for Potash Corp, when the prodigious cashflow should really be returned to investors.
is it a buy soon??, page-16
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$43.40 |
Change
-0.160(0.37%) |
Mkt cap ! $220.1B | |||
| Open | High | Low | Value | Volume |
| $43.11 | $43.56 | $43.09 | $248.4M | 5.730M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5716 | $43.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.41 | 4801 | 2 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |