Big SP volatility makes it impossible to predict the bottom. But I think it's movement being so close to crude oil price (like now) is a bit over-done, and may not last too long. But I suppose we'll just trade accordingly.
Last night, oil price bounced back on a banker's comment, and this level of sensitivity would make one think that perhaps volatility is just a game for the big speculators.
Feb is the company reporting month, and I notice green Feb for the past several years. BHP SP of late has been around $14.5, so it may mean something.
DYOR.
Big SP volatility makes it impossible to predict the bottom. But...
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Last
$41.76 |
Change
-0.900(2.11%) |
Mkt cap ! $211.7B | |||
| Open | High | Low | Value | Volume |
| $42.02 | $42.09 | $41.75 | $565.3M | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 176 | 109821 | $41.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.80 | 17792 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |