BHP has simply come down to test support at $40. I remember mid June when it reversed off the lows thinking that it was not going to get there, but it has and at the same time it has tested the downtrend line from $50.
So a simple T/L coupled with some dates tells me that BHP will be going up from here.
Obviously that means that the All Ords will be going up from here, which is my belief as I suggested last week that it had bottomed.
history repeats chart, page-23
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Last
$44.13 |
Change
0.330(0.75%) |
Mkt cap ! $223.6B | |||
| Open | High | Low | Value | Volume |
| $44.37 | $44.39 | $44.05 | $93.15M | 2.105M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 977 | $44.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.14 | 883 | 12 |
View Market Depth
| Last trade - 14.20pm 15/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |