In NY & London bears attacked & sent SP gapping down ~6% on relatively low volume: 3rd highest quarter loss by GM,reaction to latest US unemployment figure of 5.7%, media reports of Shane Oliver spruking recession in Australia.
Bears appear to have aligned all the pieces of the jigsaw atm - H&S pattern etc. On Yahoo & investopedia BHP's chart is being used to demonstrate bearish candlestick patterns [bear engulfing] after touching the top of a downtrend line joining recent highs.
Nevertheless interesting that the link below also has a readers' poll showing that 92% are bullish on BHP & only 8% are bearish. Now what is that telling us?
http://community.investopedia.com/news/cadvisor/cotd/archive/BHP20080731.aspx?partner=YahooSA
http://finance.yahoo.com/q?s=BHP
4YIO - NFA
In NY & London bears attacked & sent SP gapping down ~6% on...
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Last
$39.60 |
Change
0.790(2.04%) |
Mkt cap ! $200.9B | |||
| Open | High | Low | Value | Volume |
| $39.19 | $39.87 | $39.10 | $371.9M | 9.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10101 | $39.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.60 | 18075 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |