yer there's just no way to be precise when entering and exiting
i still think we'll breach $50 based on:
trend
positive china news
overall sentiment (which doesn't really make sense)
but once recession realities kick in and cpmy profits are impacted and downgrades follow there will be a retrace. how extensive? who knows..
Even though resource SP's dont make alot of sense right now.. China is and will have a big impact.. The west is slowly entering recessionary ground (for want of a better term) and China is potentially unfolding.. as a whopping consumer of Ore... there yu go..
and yes, once sold it is difficult to watch the SP continue to head north
just alittle more for me and some very healthy profits coming my way with BHP n RIO
if i miss the peak.. that's pretty good too, means a top up and enjoy the divs
good luck
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$39.19 |
Change
-0.360(0.91%) |
Mkt cap ! $198.8B |
Open | High | Low | Value | Volume |
$39.55 | $39.91 | $39.02 | $207.4M | 5.265M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 400 | $39.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$39.20 | 566 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 400 | 39.180 |
2 | 9988 | 39.160 |
2 | 65 | 39.150 |
1 | 18 | 39.140 |
1 | 100 | 39.130 |
Price($) | Vol. | No. |
---|---|---|
39.200 | 566 | 2 |
39.210 | 9580 | 1 |
39.220 | 33075 | 1 |
39.240 | 17385 | 2 |
39.250 | 1620 | 1 |
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