Yes Robbbbbb as mentioned before we need to break clean 50% fibo.... and hopefully it could happen on Monday....
I reckon we will have a gap up. And hopefully a sustained run and no afternoon with sluggish trade.....
Unfortunately europe was the doom and gloom this time.....banks/financials once again.....
Our lil beautie still managed to keep it's head above water and I think there is much more to it..... Many are saying the price is factored to it.....IMHO this is a "fad" statement of those that do not understand BHP as a powerhouse mining company and business....
Monday we need to break 41,79's and 50% fibo it will be bullish and positive for the stock and give it a foundation to the next run.
I know I'm going against the tide and right now it's much easier to say it's going down then up. But I do believe in some measurements, fundamentals and techs of this wonderful company and know they can pull of tricks of the hat at bad times......
I'm most positive for Monday and the week..... I hope you are well and happy and good to see you in the thread.....I was start to think that many were shaken by the drop...
The drop that I still looking forward to hear from......and IMHO only it was chinese whispers very well timed and measured....
cheers
BHP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)