re: Alert Watch ... LONG potential ... Alpha Hi Alpha, I tend to look for major trend reversals for Fib studies ... but others may prefer minor according to individual preferences ...
Also, my HC template does not show my own custom indicators which also support this view ...
If BHP rallies at this Fib level (?) then certainly the next test will be $10.65 and if thru (bulls) then $11.07 the next ... the next resistence level is yet to be determined as IMHO the major trend is still in play ... not shown on this chart is a negative (from Feb02 $12.49 high) trendline which extended will see $11.30 a future test also.
If BHP reversal fails to materialise, then price could freefall which will succeed in adding upside potential for those watching and waiting for the reversal ... like me ... lol
Cheers ... as usual tight stops.
This is only my view ... read the red stuff.
re: Alert Watch ... LONG potential ... Alpha Hi Alpha, I tend to...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$42.78 |
Change
0.030(0.07%) |
Mkt cap ! $216.9B | |||
| Open | High | Low | Value | Volume |
| $42.92 | $43.08 | $42.62 | $778.2M | 18.12M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $42.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.81 | 119112 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |