Inclined to think this is the right move cofi. The chart shows some resistance at 12.70/12.80 and if this proves strong enough, we should watch for a healthy retracement to about $12 even. That would provide for a 50% pull-back from the $11.28 low of 3 May.
To be really bold I'll suggest a pull-back will be at it's best (worst?) during the week commencing 2 August. That would be right for a 90 degree Gann (time-by-degrees) correction.
Of course, I could be full of bovine waste products!
i am out, page-3
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Last
$41.54 |
Change
-0.530(1.26%) |
Mkt cap ! $210.6B | |||
| Open | High | Low | Value | Volume |
| $41.57 | $41.84 | $41.31 | $356.2M | 8.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $41.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.54 | 2990 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |