$30 soon? Is today soon enough, lol? At least intraday.
If the price keeps heading north, it's likely to come against some pretty critical areas of resistance.
There is a convergence of the WHITE trendline from September 22 (the day that Lehman brothers went bust and changed the future trend of sharemarkets everywhere!!!!!), 50-day yellow moving average, the dark GREEN upper trend channel (from May 16 all time high $50)
If we break above all that, further north -- Is the 50% fib retrace from May 16, $33.79, and of course our old friends $36 and $42.... But that is looking too far ahead IMHO.
On the downside... we legged in in the usual $8 strides from $24 to $32 =$8.... and $24 would be a logical base to retrace.
$30 soon , page-23
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Last
$43.50 |
Change
0.070(0.16%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $43.46 | $43.72 | $43.33 | $55.56M | 1.276M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 635 | $43.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.50 | 343 | 4 |
View Market Depth
| Last trade - 11.06am 14/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |