dividend shuffle, page-5

With BHP oversold at last Friday's level, I would have expected the price to revisit the $36 mark ex-dividend of 55 cents today.

Instead, we have a lower low threatening to close the gap down to the $35 mark. ($35 is the 50% fib all time high $50 and GFC low $20).

The bull case here is that price gapped down below last support and so far is forming what may well be a morning star reversal (up)on above-average volume.

Stochastic, and RSI especially are at levels from where price tends to bounce.

Fib: more or less around the 38.2% down from July low.

mitigating is the candle slightly outside the trendline.