I have been waiting for the right time this year to make a LT investment for my young son in BHP...but every time I look at the charts its screaming a double top to me. Can one of you clever chartists tell me it isnt please?and why?
I know its an "education fund" investment for the kid so will have an 18year horizon, but why wouldnt I wait 4-6 months and maybe save $10/share?
This is the problem with charting the way I do it as its a lagging indicator .
is potash bid destroying value? , page-11
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Last
$44.74 |
Change
1.380(3.18%) |
Mkt cap ! $227.0B | |||
| Open | High | Low | Value | Volume |
| $44.35 | $44.86 | $44.27 | $675.0M | 15.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | $44.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.75 | 3245 | 8 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |