The BHP thread sentiment is more negative than any time i can remember. Even in the GFC! Thats a positive for the stock and im sure last week most margin calls were triggered. There comes a point when there is no-one left to sell.
+Sitting on long term Weekly support as previous charted on this thread.
-Cycles have low in July though.
+Sell in May seems almost too obvious now.
+short term extremely oversold.
Where it goes nobody knows, but i think the market has factored in terrible news. The China 7.7% (not 8%) is on a higher base than previous, so in $ terms is higher. Seems like panic to me.
The BHP thread sentiment is more negative than any time i can...
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Last
$38.66 |
Change
-0.680(1.73%) |
Mkt cap ! $196.0B | |||
| Open | High | Low | Value | Volume |
| $38.65 | $38.77 | $38.46 | $238.4M | 6.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 326 | $38.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.67 | 4960 | 25 |
View Market Depth
| Last trade - 15.12pm 12/09/2024 (20 minute delay) ? |
| BHP (ASX) Chart |