hi jaysee,
i think you're pretty much right regarding the shorting potential of BHP atm, particularly given the possibility of a shallow flat wave 4 or, even worse, a triangle.
it should be viable to get in and squeeze some profit out of it if the cap of $10.37 holds true, in which case the target range of $10.05 - $9.72 (from memory) should prompt a quick exit. if a triangle, then breakeven should still be within reach.
if BHP decides to extend wave 3(v) above $10.37, i'll tend to lose interest in it for the time being...
as you say, Wave 5 up should be just around the corner... and then Wave II down...
regards,
Ultrafart.
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Last
$38.64 |
Change
-0.990(2.50%) |
Mkt cap ! $196.0B |
Open | High | Low | Value | Volume |
$38.88 | $39.09 | $38.63 | $377.3M | 9.726M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2476 | $38.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.65 | 42365 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 2476 | 38.630 |
8 | 12506 | 38.620 |
12 | 4097 | 38.610 |
64 | 28320 | 38.600 |
1 | 550 | 38.590 |
Price($) | Vol. | No. |
---|---|---|
38.650 | 42365 | 3 |
38.660 | 21563 | 2 |
38.670 | 18859 | 1 |
38.680 | 18980 | 1 |
38.690 | 19032 | 1 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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