I definitely believe in the power of the 8's for BHP. You just need to see it to believe it. $40 seems to be the major S/R which has stood out over the last 6 months.
As for future price movements - we should probably look for consolidation between 38-40 before moving higher, unless, of course, the US continues lower, which will drag everything in its path, 1 billion a month profit companies too.
I hold, and am looking for it to retrack back to above $40 in the short term, but I am cautious that the retracement may take it to $32 just as easily. I believe that the company will continue to be profitable, but that doesn't mean much when it drops another 10%. Lets hope it stays up, as that would be much more profitable for me.
kloppers should be sacked, page-56
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Last
$40.77 |
Change
0.240(0.59%) |
Mkt cap ! $206.7B | |||
| Open | High | Low | Value | Volume |
| $40.70 | $40.90 | $40.45 | $537.7M | 13.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $40.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.78 | 8000 | 4 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |