I think the way the market is at the moment, it would be pretty hard to go on technicals. I think everything just goes out the window more or less. There is no sanity to the market at the moment. In saying that, i remember doing and asking the same question in about October/November (from memory) when the price was bouncing around $24. It had difficulty going below it and from memory, $24 had a lot of support from previous years. Well, it did bounce and it went straight to around then with a bit of effort, broke through $30.
where is the bottom, page-46
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Last
$42.06 |
Change
-0.930(2.16%) |
Mkt cap ! $213.4B | |||
| Open | High | Low | Value | Volume |
| $42.33 | $42.50 | $41.94 | $609.8M | 14.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5770 | $42.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.11 | 2807 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |