Bloodwynch, thats what I was trying to say in nicer words, but hey it was a good experiment short if the trader is not experience at it.
The problem with shorting BHP here is that you have no major tunring point to base your decision on apart from the fact that it may find some short term resistance at $20.
So anyway saying its going to plummet from here has little idea of the technical perspective and is a bit of a gambler. But I must say I do favour stocks failing sharply into September/October in the US especially, but the factors of these falls is likely to be positve for bhp....
covered at 82, page-11
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Last
$44.01 |
Change
0.210(0.48%) |
Mkt cap ! $223.3B | |||
| Open | High | Low | Value | Volume |
| $44.37 | $44.39 | $44.01 | $263.3M | 5.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2432 | $44.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.10 | 100 | 1 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |