BHP 0.96% $44.22 bhp group limited

12 month chart, page-189

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    Update:

    DJ MARKET TALK: BHP, Rio Tinto Slide As Asia Weakens

    0237 GMT [Dow Jones] BHP (BHP.AU) down 2.0% at A$38.90 from early high of A$40.05, Rio
    Tinto (RIO.AU) down 2.7% at A$122.00 from early high of A$124.99. Resources diving as
    Tokyo falls 2.0% amid fears Wall Street will plunge tonight if jobs data weaker than
    expected. China Steel Association says EU seeks CSA's opinion on BHP-Rio merger, but
    that's more of a potential negative for Rio. Technically, yesterday's failures
    at important resistance levels of A$40.47 and A$126.00 were very bearish and justify
    reestablishing short positions, according to Dow Jones Newswires technical analysis. BHP
    head & shoulders pattern targeting A$33.00 and Rio bear pennant targeting A$106.50
    remain intact. (DWR)
 
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