Hi santa mongombolo
Thanks for the welcome back ... although I have been reading HC posts regularly other commitments have prevented me from posting.
Further to comments in my earlier post today re BHP & the DOW; for BHP recent significant swing highs have been:
June5 - $38.60 [rise of $6.30 from $32.30]
Aug4 - $39.63 [up from $31.33 => rise of $8.30]
Sep17 - $39.85 [rise of $3.73 from Sep3]
Oct22 - $40.28 [rise of $4.26 from Oct2]
Nov10 High - $38.54 [$2.18 rise from Nov2]
Recent significant swing lows [triple bottoms?] have been 30 days apart:
Sep3 - $36.12 [fall of $3.51]
Oct2 - $36.02 [fall of $3.83]
Nov2 - $36.36 [fall of $3.92]
Recently then BHP has experienced marginally higher significant highs with approx. the same significant swing lows [mean of $36.17]. Triple bottoms may point to a $3.75*2 = $7.50 rise to $43.86 by Nov27? However, if this rally falters and support at $36.17 thereafter fails ... the Aug8 low of $31.33 is a long way down!
4YIO-NFA-PDYOR
maybe a good buy today, page-66
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 (20min delay)
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Last
$40.31 |
Change
-0.050(0.12%) |
Mkt cap ! $204.5B | |||
| Open | High | Low | Value | Volume |
| $40.46 | $40.70 | $40.16 | $280.3M | 6.927M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12907 | $40.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.35 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |