0215 GMT [Dow Jones] BHP (BHP.AU) up 2.0% at A$39.03, Rio (RIO.AU) up 2.1% at A$121.59.
Both are near respective key resistance levels at A$39.18, A$121.62. Daily closes above
these levels would give reason to lock in profit on short positions, according to Dow
Jones technical analysis. But traders should consider holding off on long positions
because break of those resistance levels wouldn't end current downtrends. While the
resistance levels hold on daily closing basis, there's limited risk to short
positions targeting A$33.00 on BHP and A$106.50 on Rio, based on respective bearish head
& shoulders and pear pennant patterns. (DWR)
12 month chart, page-9
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Last
$40.67 |
Change
-0.270(0.66%) |
Mkt cap ! $206.2B | |||
| Open | High | Low | Value | Volume |
| $40.68 | $40.79 | $40.53 | $235.7M | 5.786M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $40.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.68 | 8347 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |