BHP 1.20% $41.98 bhp group limited

All aboard ?, page-5

  1. 159 Posts.
    IMHO BHP is ready for a move above its long term resistance in next week or so. Check the massive divergence in the RSI for instance. Same with RIO. All sitting in nice clear down channels.
    A break out of these channels will be a clear signal for all to call a trend reversal.
    Volume spike will be further confirmation. WMC same thi lesser extent.
    I'll be looking to ETO's for exposure.
 
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