bhp on a monthly chart is an education...
the period where it trended down from 32 to 24 is a flag to my eye... and sure enough when it broke out of the down trend it rocketed up to the technical target.
the last six months look like a scrambled eggs pattern to me though... caveat emptor. I'll probably buy at 32 this week but only as a trade... for buy and hold I'll need to see it at 16. harsh according to some but that's my view. if I was already holding and couldn't bring myself to realise a loss I'd be looking at using the equity for a margin loan or some other kind of leverage when/if prices do get to that level... Late April/early May is looking pretty rough imo although I think 16 will be a year or two from now and 24 might do it for the intermediate term.
bhp on a monthly chart is an education...the period where it...
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Last
$41.26 |
Change
0.150(0.36%) |
Mkt cap ! $209.2B | |||
| Open | High | Low | Value | Volume |
| $41.10 | $41.53 | $41.05 | $432.9M | 10.49M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $41.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.27 | 1700 | 1 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |