BHP 1.74% $44.58 bhp group limited

BHP SP busted above the Bolly Bands so will need to pull back...

  1. 1,583 Posts.
    BHP SP busted above the Bolly Bands so will need to pull back within the range and the RSI is showing very overbought on decent volumes.

    9 day EMA is above the 18 day EMA so still positive.

    Quality stock as I said funds will gravitate to it and it'll get back on track with their cost cutting initiatives and things they can control in line with commodity price fluctuations so always good to have a few tucked away.

    Best to ignore most of what you read on this site.
 
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