Hi sally2412
Great work there - thanks for sharing it with us!
I have been using CommSec's Pro Trader platform to study daily patterns & noted that almost without fail shorters attack upon open & especially if the SP has risen upon open - forcing the SP down about 80c before letting up & commencing the retrieval of their positions.
Given that since 1982 there has been a subdued 'Santa Rally' after the last Friday before Christmas on all but 2 occasions [albeit on low volumes mostly] leading up to resumption on Jan2 IMO suggests we might again expect a Santa Rally.
Add to this [based on published ASX data] that daily shorts have been ranging from about 25% to 40% of BHP's daily trades, without them keeping the lid on over the break perhaps BHP might break through the $32 curfew they have been enforcing.
4YIO - NFA
Hi sally2412Great work there - thanks for sharing it with us! I...
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Last
$43.56 |
Change
0.390(0.90%) |
Mkt cap ! $220.9B | |||
| Open | High | Low | Value | Volume |
| $43.64 | $43.73 | $43.26 | $211.2M | 4.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11133 | $43.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.57 | 5435 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |