BHP 2.39% $43.79 bhp group limited

oversold, page-39

  1. drg
    3,694 Posts.
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    You'd imagine that the old resistance of around 38.50-39 should now act as fairly good support. Have to admit the poor run of late on the XJO has opened up some decent opportunities as quite a few of the bigger blue chips have come back to their 200 day moving averages. Which is pretty much the line in the sand most fundies use to buy/sell around. Another one I quite like the look of chart wise is NAB, triple bottom could be in place. I am just hoping there is a bit of late window dressing going on with the bigger players. Hey they all need their end of year bonuses don't they?
 
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