XJO 0.89% 7,959.8 s&p/asx 200

good morning fellow punters.....a quick look at BHP....appears...

  1. sck
    3,388 Posts.
    good morning fellow punters.....

    a quick look at BHP....

    appears we may have a triple bottom forming.....at least temporarily.......

    a close back above $31 today should signal a Bear trap is in place....

    RSI is displaying a classic divergence......


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    the above was posted by myself on June 28th....

    to update......we can see that the 'Trap' is in play, and now we can postulate as to where a 'Top' maybe put in...

    the 50% level of top/low range seems the obvious ......

 
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