Head and shoulder pattern forming.
A close above 40 would be a positive sign. Then price needs to exceed $41 and then chances of a large breakout significantly increase, potentially to $50.
But given commodity prices across the board are generally at all time highs already I can't see this likely. Hoping this resource bull run is not going to contract just yet.
needs to break and hold 40
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Last
$44.64 |
Change
-1.320(2.87%) |
Mkt cap ! $226.4B | |||
| Open | High | Low | Value | Volume |
| $45.20 | $45.37 | $44.55 | $528.0M | 11.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4676 | $44.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.64 | 12961 | 1 |
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| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |