BHP 1.05% $44.26 bhp group limited

question for ew gurus, page-13

  1. 7,728 Posts.
    Excellent work here by all, tremendous lateral thinking.

    Great observation on the Friday sells, Sally, and congrats on your first chart post.

    Wink, thanks and a happy Whooooska to you for the contribution. (Lapdog is a good guy, one of the most articulate and intelligent posters here, so don't be too hard on him.)

    And Robb, brilliant analyses of the $20 lower safety net. As usual. :))

    My concern is that the price has fallen outside the rising trendline from Nov 21 (as per chart I posted last night.)

    That could indicate a bit of a breather, but my expectation would be that if the uptrend is to continue, the retrace should be no lower than around $26.60, the "first" safety net trendline.
 
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