Sally, if we are to crash through $34-- and I think we will, but not this week, lol -- $42 has always been my target.
It's 161.8% fib extension of the current november/january-february range.
Nikess, always productive to delve into the past for clues about the future... The other day I was looking at the $32 resistance, from the first time it was reached in May 2006.
Big moves, up, and down, occur from this $32 baseline as the chart shows: (Also, the well-documented fact BHP likes multiples of $8)![]()
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Sally, if we are to crash through $34-- and I think we will, but...
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