Turnaround in the US associated with Obama [not BL though - LOL], unexpected improvement in the level of those seeking unemployment benefits & sharp improvement in retail. All point s to the recovery of the USA in H208, as many have predicted!
Yesterday the bears pushed BHP's SP below the Bollinger Band, re-affirming the completion of the bearish Elliott Wave 4 at 47% & marking the likely start of EW5. I would like to take this opportunity to thank the bears for providing great buying opps.
Post open 10:30am profit-taking on ASX just underway appears to be a blip on the radar - could be a very big up day today as shorters panic to retrieve their positions in case the 3 weeks they have control rapidly disappears.
Lapdog
4YIO - NFA
bollinger band pierced
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Last
$44.58 |
Change
-0.790(1.74%) |
Mkt cap ! $226.1B | |||
| Open | High | Low | Value | Volume |
| $44.51 | $44.65 | $43.97 | $414.4M | 9.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $44.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.58 | 8261 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |