After a high performance in London last Friday, I fear we have seen the best of BHP in the short term and expect a correction as we now have the beginnings of a double top on the daily chart. BHP may fall into some range trading between 11.75 and 12.80. Hence I have a target of 11.85 for BHP before the end of next week. (possibly by COB 8 Apr if Wall street obliges with a couple of weak sessions.)
It is down 2% in London. lets say $12.30 tomorrow here in oz.
Anyone care to comment
heading south- down 2% in london
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Last
$41.87 |
Change
0.230(0.55%) |
Mkt cap ! $211.6B | |||
| Open | High | Low | Value | Volume |
| $41.85 | $41.92 | $41.70 | $97.56M | 2.334M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1775 | $41.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.87 | 6005 | 14 |
View Market Depth
| Last trade - 13.06pm 23/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |