Double top at 50 discussed before and even though anything is possible the spreads are too wide 47.7 and 50.
I would be more inclined to watch the recent forming of triple tops around the 31 which is also old support.
Whats important for me as highlighted to those who loosened and took great profits into friday, is that we be patient and look for a low come thursday/friday and a possible rejection of the triple tops at around the 25 - 2550 levels(50% range level).
After that mabye sideways to up prior to xmas.
Have a look at the burdening debt levels of some of the junior miners at present, and you will understand why BHP is a pretty safe stock to trade. Use stops :)))))
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$41.66 |
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Mkt cap ! $211.6B |
Open | High | Low | Value | Volume |
$42.00 | $42.20 | $41.59 | $251.0M | 5.993M |
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No. | Vol. | Price($) |
---|---|---|
22 | 2777 | $41.65 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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20 | 4079 | 41.600 |
10 | 46426 | 41.590 |
9 | 3826 | 41.580 |
13 | 4835 | 41.570 |
Price($) | Vol. | No. |
---|---|---|
41.620 | 2261 | 16 |
41.630 | 4063 | 18 |
41.640 | 3406 | 12 |
41.650 | 2831 | 11 |
41.660 | 3051 | 12 |
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