hi all.
so where is support????????????
i have 2 main fib support lines, one at $39.46 the other $36.37.
if we find support at around the $39.46 area, then a trend up to close gap 2 could be on the cards. that move will also be supported by the lower support line.
one concern i have is the macd has broken support.
the 2rd chart i posted on the 16/1/2010, you can see the bearish divergence in the macd on the weekly aus200 chart, this diverence is now in play
i feel the bull run from march 09 until now has finished and we could be going into a EW corrective wave pattern.
my weekly bhp chart looks to be in better condition than the aus200chart, which makes me think BHP could out perform in a overall down trending market.
DYOR. that is my 2c worth.
have a good one.
582
hi all.so where is support????????????i have 2 main fib support...
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Last
$43.62 |
Change
-0.280(0.64%) |
Mkt cap ! $221.4B | |||
| Open | High | Low | Value | Volume |
| $43.75 | $43.82 | $43.44 | $124.4M | 2.858M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 4477 | $43.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.63 | 1304 | 9 |
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| Last trade - 13.58pm 11/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |