-----The GOOD, the BAD....the UGLY -----
The GOOD
*Fundamentals could not be better. And at 2009 earnings and today's PE ratio, SP would be $70+
*With the exception of Wednesday,all candles this week are green, indicating the price has bounced off its low to close higher.
*SP has held above $41.70, the 50% Fibonacci retrace drawn between March low and May high
*Worth repeating, Fundamentals could not be better.
The BAD
*Even though we are closing near the day's highs, price is falling, from a high near $46 on Tuesday.
*BHP is being lumped in with the general sick market
*SP is below the 9, 20, 60 day trend line
The UGLY
*Every day the chart looks more like a head and shoulder formation
*SP is now BELOW the line from March low to June 6 low
*Indicators are negative
*Parabolic SAR indicated a SELL today for the first time since May 21.
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-----The GOOD, the BAD....the UGLY -----The GOOD*Fundamentals...
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Last
$44.64 |
Change
-1.320(2.87%) |
Mkt cap ! $226.4B |
Open | High | Low | Value | Volume |
$45.20 | $45.37 | $44.55 | $528.0M | 11.76M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4676 | $44.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$44.64 | 12961 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4266 | 44.560 |
11 | 1851 | 44.550 |
1 | 63 | 44.540 |
1 | 1200 | 44.530 |
1 | 32442 | 44.520 |
Price($) | Vol. | No. |
---|---|---|
44.640 | 12961 | 1 |
44.670 | 6101 | 3 |
44.680 | 2000 | 1 |
44.700 | 18111 | 2 |
44.750 | 5524 | 3 |
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