BHP 0.45% $42.49 bhp group limited

GAPs, page-9

  1. 668 Posts.
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    I don't disagree, and I understand that this chat platform is more geared to trading.
    If you were to buy BHP, or any stock for that matter, look for low prices after gaps are filled. You will have a better chance of a good buy for the longer term. Don't forget gaps work the other way to. Lots of gaps on the way down, good chance they will close as price rises. Just saying, to me it was pretty obvious that BHP at $25 recently was never a good buy. Look at all those gaps in early October! Now its $23.

    If you are long term, thats a difference of nearly 8% now. One can buy more shares with the same money.

    Day trading, now worries, but med to long term, look for low points after gaps filled. I think you will get more for your money.

    Look at DSH ( Dick Smith )chart. If I had 65 cents now, whilst it may go lower, I'll bet ya it will cover that massive gap back to 1.26 at least. I have more of a chance to double my money at some point.
 
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