Hi Troywill
I had a position with a target of $44.00 on BHP which I have now closed. I have now taken a short position in the stock. The stock has on the daily and weekly chart triggered most of my sell indicators.
Williams %R
RSI (18 period)
Stochastic (14 & 7 period)
and a few others are all in the overbought area.
The strike at Codelco's copper mine has finished which could be a trigger to halt the strong run of the price of copper.
Possible pull back in the oil price (hoping).
And in general a bit of profit taking.
May all see the price pull back to fill the gap left on the daily chart at $42.00 on the 23/12/09.
one thing for sure is the trend at the moment is up so trade carefully.
nino
Hi TroywillI had a position with a target of $44.00 on BHP which...
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Last
$40.36 |
Change
0.290(0.72%) |
Mkt cap ! $204.7B | |||
| Open | High | Low | Value | Volume |
| $40.02 | $40.61 | $39.93 | $213.6M | 5.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 46059 | $40.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.37 | 15988 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |