re: bhp & rio overlay chart astoriaa ,jd Hi Arthur, thanks for the charts. BHP & RIO very much run in tandem but BHP seems to be more volatile and much prefer resource stock by many analysts due to their oil exposure.
My support level for BHP is $12.05 which it did bounce off it yesterday and seems to so again this morning. I would normally but in from here but today being Friday and world market are not looking bullish, I am still holding back for Monday buy.
I am still believe China economy will continue to play a big part in base metal demand, despite talk of Chines government raising interest rate to slow down the economy. Even if they do, the existing projects will still be on going for atleast anothe 12 months. Also the supplies of copper, aluminium and other metal are in short supply.
Good luck.
re: bhp & rio overlay chart astoriaa ,jd Hi Arthur, thanks for...
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |