No, you got me wrong.
I said, from a technical point of view, BHP is in a medium term downtrend.
The index breached critical support levels, which spells further downside.
Fundamentally, BHP and MBL are excellent companies, and have been sold down too much.
For interest, RIO was upgraded by citigroup today to a strong buy
This didn't help it.
But your purchase prices look extremely good. 34.66 is 1 cent off the day's low.
Now, in terms of downside target, the next support is 34, and that is quite significant, so unless we get another 350 pointer, then that should hold.
- Forums
- ASX - By Stock
- BHP
- dow down again
dow down again, page-18
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$43.48 |
Change
-0.060(0.14%) |
Mkt cap ! $220.8B |
Open | High | Low | Value | Volume |
$43.55 | $43.85 | $43.29 | $201.4M | 4.627M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 62 | $43.47 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.48 | 627 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 964 | 43.590 |
8 | 1196 | 43.580 |
11 | 1481 | 43.570 |
7 | 1151 | 43.560 |
7 | 1418 | 43.550 |
Price($) | Vol. | No. |
---|---|---|
43.610 | 1369 | 15 |
43.620 | 1039 | 9 |
43.630 | 1067 | 7 |
43.640 | 1285 | 8 |
43.650 | 2809 | 8 |
Last trade - 13.14pm 17/10/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online