BHP 0.37% $43.40 bhp group limited

potential, page-9

  1. 7,728 Posts.
    Dipped the toes in at $38. Price hasn't fallen out of the lower bollinger band like this since January 2008--after which there was a $10 rally.

    Not saying that will happen now, but the bollinger relationship is pretty strong.

    Some fantastic upside gaps to fill---sooner or later.

    Also, RSI has been this low only twice in the last 10 years

    On the downside, when it fell through the very supportive 500 day sma at $41.70 on Tuesday, that was very very bearish.

 
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