You could be right, in that if you draw a trendline in the last two years, it is right on support now, and seems to be well supported at the 26.80-27.20 level.
I agree, that there must be a major shock for this strong line to be breached.
What worries me is that we are currently in September, which historically is quite volatile and unpredictable.
to retest may lows, page-4
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Last
$44.22 |
Change
0.420(0.96%) |
Mkt cap ! $224.1B | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
| $44.23 | 375 | 1 |
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| Last trade - 13.18pm 15/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |