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
$39.60 |
Change
0.790(2.04%) |
Mkt cap ! $200.9B | |||
| Open | High | Low | Value | Volume |
| $39.19 | $39.87 | $39.10 | $371.9M | 9.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10101 | $39.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.60 | 18075 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |