Hoping your prediction is going to hold true Enigma.
Yesterday I started to get a little uncomfortable with my short position, but the candle that formed yesterday still gave me hope for price weakness today, of course O/S markets have now indicated that BHP shareprice should retreat.
Madmacs also astutely noted yesterday that the S/P struggled at the 23.8% fib level, so we did have some clues yesterday about todays likely direction.
I noticed the other day that BHP has been in a flag formation (in the up channel). Now my understanding of this price action build up is that it always breaks to the downside - so I am hoping that this flag pattern breaks sooner rather than later (before the end of this months options expiry).
All the best
Commy
Hoping your prediction is going to hold true Enigma.Yesterday I...
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Last
$42.60 |
Change
-0.180(0.42%) |
Mkt cap ! $216.1B | |||
| Open | High | Low | Value | Volume |
| $42.77 | $42.91 | $42.52 | $155.5M | 3.647M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6565 | $42.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.65 | 9609 | 2 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| BHP (ASX) Chart |