Blythefan
Agree with your general arguements - plus commodity busts generally go for 3to 5 years - will however be numerous bear rallies in between - while all commonsense says the pric should be below $30 on fundamentals - short term chart of the daily prices shows a distinct channel which has been heading north since late October with higher highs and higher lows since - with one exception on each side of the channel both in November - sorry doing something wrong in trying to post a chart - but channel lines suggest if pattern continues $35 is plausible (if beyond fundamental comprehension)
BlythefanAgree with your general arguements - plus commodity...
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Last
$43.39 |
Change
-0.620(1.41%) |
Mkt cap ! $220.5B | |||
| Open | High | Low | Value | Volume |
| $43.40 | $43.54 | $43.29 | $67.48M | 1.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3546 | $43.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.39 | 107 | 3 |
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| Last trade - 11.36am 16/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |