Cu will find some support from buyers of physical metal but those warehouse numbers are starting to stack up and u cant argue with obvious reality.
The chart is appalling. a break past 24 on vol with a follow up day and 24 becomes the next resistance.
I am expecting BHP to Gap down tomorrow if metals remain like this as does oil.
and unlike bull markets, falling prices can fall faster and with more ferocity and they can fall on their own weight
THose that bough BHP in the 30s? mid 20s was out the question by years end....why shouldnt mid teens be as valid?
Cu will find some support from buyers of physical metal but...
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Last
$39.62 |
Change
-1.130(2.77%) |
Mkt cap ! $200.9B | |||
| Open | High | Low | Value | Volume |
| $40.45 | $40.68 | $39.56 | $423.2M | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4755 | $39.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.62 | 16874 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |