BHP 1.09% $42.68 bhp group limited

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  1. 582
    692 Posts.
    lightbulb Created with Sketch. 7
    hi all
    yes biva would be great to have some more input from other HC members.
    weekly chart is still in a down trend but we are now right on strong fib support 45.10 and 44.88. time will tell if this fib area holds.
    in this present run down there is a 1.00% fib extension support at 44.39, so we could see a short run down to this area only to see a jump back up again.
    if above fib support is broken then next support is 41.85.
    time to sit back and wait for a bottom to form.
    just my 3c worth.

    have a good one.

    582
 
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