Dow is in a clear rising wedge pattern. Monday night will be interesting but I think it will struggle to hold momentum. As $pecialist sugests, I feel some sort of cleansing retrace has to occurr soon for strong gains to be made. Also, although copper has been performing strongly, BHP seems to have lost its correlation lately.
BHP only at an aud$ equivalent price of 32.58 on Friday night.
I lean toward a trading range of 32.50-33.50 over the next couple of weeks at best.
bhp opinion, page-44
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Last
$40.63 |
Change
-0.310(0.76%) |
Mkt cap ! $206.3B | |||
| Open | High | Low | Value | Volume |
| $40.68 | $40.79 | $40.53 | $172.9M | 4.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 5756 | $40.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.64 | 5366 | 28 |
View Market Depth
| Last trade - 15.46pm 23/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |