BHP 0.37% $43.40 bhp group limited

november could be worse than october, page-32

  1. 3,728 Posts.
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    24 is a very strong support. It has been tested many times in the past with virtually no failures. If it goes below 24, and say it closes at 22.50 some time next week, then you need to see where it opens the next day. If it's still well below 24 then the support has failed and you should decide how low you're willing to let it go down before you sell. If it was me I'd would not consider selling until it goes below 19.44. If you did sell you can always buy again if it gets back into the 20s. If you're happy to hold into the 19s then ask yourself "am I prepared to be still holding onto it when it's 12.00"?
 
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