-----The GOOD, the BAD....the UGLY -----
The GOOD
*Fundamentals could not be better. And at 2009 earnings and today's PE ratio, SP would be $70+
*With the exception of Wednesday,all candles this week are green, indicating the price has bounced off its low to close higher.
*SP has held above $41.70, the 50% Fibonacci retrace drawn between March low and May high
*Worth repeating, Fundamentals could not be better.
The BAD
*Even though we are closing near the day's highs, price is falling, from a high near $46 on Tuesday.
*BHP is being lumped in with the general sick market
*SP is below the 9, 20, 60 day trend line
The UGLY
*Every day the chart looks more like a head and shoulder formation
*SP is now BELOW the line from March low to June 6 low
*Indicators are negative
*Parabolic SAR indicated a SELL today for the first time since May 21.
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Last
$40.64 |
Change
-0.300(0.73%) |
Mkt cap ! $206.3B |
Open | High | Low | Value | Volume |
$40.68 | $40.79 | $40.53 | $164.5M | 4.036M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 19481 | $40.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$40.65 | 2827 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 7745 | 40.650 |
18 | 16446 | 40.640 |
10 | 4804 | 40.630 |
12 | 6902 | 40.620 |
12 | 6863 | 40.610 |
Price($) | Vol. | No. |
---|---|---|
40.660 | 7349 | 21 |
40.670 | 5819 | 14 |
40.680 | 7853 | 17 |
40.690 | 6138 | 12 |
40.700 | 4536 | 14 |
Last trade - 15.24pm 23/08/2024 (20 minute delay) ? |
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