Nice chart Sally as usual.
I had a look at something a tad different this evening and went back to before this cataclysmic event occurred and brought up a 3 year time frame with weekly frequencies. I wanted to test the $33 'new' support level with activity over the last 3 years and it definitely does look like a suitable support stance.
Events will always occur to increase/decrease an SP but what I want is to find the true worth of the company I invest in. If you look at the April/May of 2006 and 2007 they are almost identical in nature to the current pricing - Around $31.50 being the support. I feel that these were the established support levels then and almost represent an identical match to the current environment. Everything after that which fluctuated the price well above $40 may have been an overbought situation.
Your EW regarding wave 5..MMmm..do not know about that but $38 is a definite target.
Good to see Hamish and Andy helping out the fire victims, well done in your pledge.
Cheerio Nikess.
Nice chart Sally as usual. I had a look at something a tad...
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |