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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 (20min delay)
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Last
$43.56 |
Change
0.390(0.90%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $43.64 | $43.73 | $43.26 | $211.2M | 4.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11133 | $43.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.57 | 5435 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |