Just to note that when I say $47.70 holds, I mean it has to close over $47.70 each day. Which it did, notably, today.
The reasons for the spike matter nothing, they are reasons given to journalists to justistify why the spike occured, or rumours given to journalists to help break the resistance at the old high. The real reason is that big patient holders have accumulated enough during the "bear market" and now want to start realising there investment.
The price will rise imo.
$63.40 is just the next target. Reckon it'll get there in nine weeks.
Just to note that when I say $47.70 holds, I mean it has to...
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Last
$40.21 |
Change
-0.810(1.97%) |
Mkt cap ! $203.9B | |||
| Open | High | Low | Value | Volume |
| $40.57 | $40.59 | $40.06 | $321.6M | 7.985M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5550 | $40.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.22 | 5300 | 2 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |