I can't imagine buying a commodity producer without having some ideas about where the price of their goods will be down the track. Just can't do it. Of course we are often proved wrong but... What is 'oversold'. I can see how mkt overshoots at times but if an SP continually slides it's almost always based on the fact/perception earnings are in strife and unlikely to suddenly improve.
can/will Iron Ore, Oil, BHP keep falling?, page-13
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Last
$43.74 |
Change
0.260(0.60%) |
Mkt cap ! $221.8B | |||
| Open | High | Low | Value | Volume |
| $43.65 | $43.92 | $43.56 | $271.0M | 6.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $43.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.74 | 8771 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |