yes, your analysis from the chart is quite realistic!
As I pointed out on Friday when half way thru trading time the top of Bollinger band been touched, and it usually was an indication of overbought,& would have some degree of retracement, and with weekend, so it could have the situation that Monday will stay more or leass side way, but since both DOW,FTSE were all down, it remains to be seen how the event will unfold!
dislcaimer
question for the chartists, page-2
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Last
$39.85 |
Change
-0.165(0.41%) |
Mkt cap ! $202.7B | |||
| Open | High | Low | Value | Volume |
| $39.90 | $40.05 | $39.74 | $113.8M | 2.850M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3357 | $39.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.85 | 2108 | 17 |
View Market Depth
| Last trade - 13.36pm 19/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |