Charts and figures can be made to represent anything, at the end of the day the shanghai comp is a speculators paradise, 90% of the trades on its are just gamblers, I would not read to much into the chinese stock market, do a search about the last 'crash' in march its just gambling for many of them.
Anyway on BHP we can say its going down to 20 or we can say its going to $40. Charts about the shanghai comp won't effect demand for resources rather, income growth for chinese people and supply and demand are all one has to worry about when assessing bhp or rio for that matter
good time for breakout, page-20
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Last
$40.53 |
Change
-0.230(0.56%) |
Mkt cap ! $205.5B | |||
| Open | High | Low | Value | Volume |
| $40.18 | $40.53 | $40.12 | $380.4M | 9.420M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3063 | $40.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.54 | 10286 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |