BHP 0.07% $42.78 bhp group limited

Inclined to think this is the right move cofi. The chart shows...

  1. 1,219 Posts.
    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!
 
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