for the record......I have been a keen trader of BHP stock since they were at the $9 level (and even then I remember Pb@ters saying it was going to crash etc etc). Over the past year or so I have traded in and out of BHP between the $25 ish and $28ish levels
As I did last week, I entered BHP at $24.96 on Tues, then at $24.58, $24.55, $24.53 on wed and $24.60 on Thursday. BHP is a great trading stock as you can trade large amounts, and I love the volatility. Especially when I think its great value at these levels and the risk to reward ratio is more that acceptable to me.
When I will exit all depends on what happens in the next day or 2. I will most probably wait until the report comes out and then re assess the situation. If the trend is up, then I will hold, if the trend is neutral or down, then I will exit for a chance to enter again at some time in the future.
for the record......I have been a keen trader of BHP stock since...
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Last
$44.58 |
Change
-0.790(1.74%) |
Mkt cap ! $226.1B | |||
| Open | High | Low | Value | Volume |
| $44.51 | $44.65 | $43.97 | $414.4M | 9.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $44.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.58 | 8261 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |