At $34 there is obvious resistance at old support and $35 is a 50% bounce.
Surely any thoughts of returning to $50 any time soon is implausable.
That suggests probably years of sideways action IMO.
So the traders will have the advantage over the buy and holders for some time.
I was hoping for a October low leading to a rally top in April to continue the 1/2/3/4/5/6 etc month sequence of moves back to mid 2007.
The longer term indications were for a Oct/Nov low like 1991/2 and Nov was the lowest as it was then.
Since there was a good low in Oct even though not the final low, I would still be watching April if things hold up.
- Forums
- ASX - By Stock
- how low can it go
At $34 there is obvious resistance at old support and $35 is a...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BHP (ASX) to my watchlist
|
|||||
Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B |
Open | High | Low | Value | Volume |
$42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13572 | $42.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.70 | 457 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1234 | 42.670 |
3 | 514 | 42.660 |
8 | 4807 | 42.650 |
1 | 588 | 42.640 |
3 | 1292 | 42.630 |
Price($) | Vol. | No. |
---|---|---|
42.800 | 610 | 1 |
43.000 | 1600 | 1 |
43.050 | 1700 | 1 |
43.150 | 4965 | 7 |
43.170 | 494 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
BHP (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online