Just wrote a reply no idea where it's gone..grrr.
Nice work Lapdog,
Attached is what I forwarded a fellow trader, chart is 1 year cycle in degree's roughly, pulled up short to be precision.
The bigger picture there is cycles expiring, eg 16/5/05 low to ATH was 156 weeks, ATH to current is 78 weeks.
BHP will need to push through this time resistance if it's going higher imo.
info, page-11
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Last
$39.62 |
Change
-1.130(2.77%) |
Mkt cap ! $200.9B | |||
| Open | High | Low | Value | Volume |
| $40.45 | $40.68 | $39.56 | $423.2M | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4755 | $39.61 |
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| Price($) | Vol. | No. |
|---|---|---|
| $39.62 | 16874 | 1 |
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| BHP (ASX) Chart |