Looks like a 10 year chart pattern showing up. Big 4 banks rising while commodity prices dwindling. The question is how low can BHP go? If interest rates don't drop I'm seeing $24-34ps for BHP over the next 12 months. I'm cautiously buying as it drops because I know how fast it will rally when interest rates drop and commodity prices improve.
BHP Price at posting:
$38.45 Sentiment: Buy Disclosure: Held
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