Howdy Leo,
Tend to agree that BHP looks likely to fall in the medium term. I suspect it is trying for $22, the fibonacci 61.8% retracement level. Of course it could rally first, but this would simply provide a better short entry. I do not have any position in bhp at the moment. Here is the daily chart ......I hope (been a long time since I tried to post charts)
Cheers
Commy
medium term short, page-5
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Last
$45.06 |
Change
0.420(0.94%) |
Mkt cap ! $228.6B | |||
| Open | High | Low | Value | Volume |
| $45.05 | $45.47 | $44.78 | $351.0M | 7.781M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $45.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $45.07 | 4549 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |