The weekly chart doesn't look too inspiring (at the moment), its showing trademark signs of a throwback.
For those not in the know, a "throwback" is a second chance sell after a major support level has been broken.
Once support has been broken the SP often returns to retest the level that was broken, which now becomes the new resistance level. Offering those who haven't sold yet a second chance too.
A period of range trading between $24 - $32 may now ensue.
For the bears, a break of $24 will see the SP hit $19.50 or there abouts.
Im placing my order tomorrow at $19.50.
Roar!! go the bears ! lol
sell now?, page-107
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Last
$43.08 |
Change
-0.590(1.35%) |
Mkt cap ! $218.4B | |||
| Open | High | Low | Value | Volume |
| $43.05 | $43.21 | $42.75 | $381.3M | 8.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6113 | $43.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.08 | 15792 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |