re: back up with comments Thanks for the feedback Scottaru, On...

re: back up with comments Thanks for the feedback Scottaru,

On your second point first regarding range bounding, I see what you mean. But as you've said yourself that makes it a pretty big range pattern (in this case around 25% in last 3 months).

I see the real danger signs will be if the price goes sub $23.50 in the future, which is the level reached back in march.

With regards to your first point, totally agree. As a rank amateur chartist was dipping the toe in the water just from a purist T/A on the BHP chart, and to invoke some feedback as to whether I was on the right track.

Apart from the charts you mentioned, personally I'd also look at the indices for some market trends as well as the usual fundamentals.

I don't currently hold, but looking for a nice entry price in the next few months (if one unfolds) to hold long term.

Thanks again, and welcome any more credible thoughts on this.