Mention is made about BHP being in a bearish downtrend---as though the rest of the market is rising like a souffle.
BHP has been in an UPTREND since 2003, and that trendline remains in tact--until, and if, it is broken, as Robbb correctly reminds us.
The retracement from the May 2008 peak has been almost 50%, which has happened limited times before, most notably early in the uptrend
bhp and rio major downtrend., page-24
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Last
$43.54 |
Change
-0.470(1.07%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $43.40 | $43.63 | $43.29 | $305.3M | 7.020M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $43.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.55 | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |