BHP 1.33% $40.01 bhp group limited

Trevor Sykes: BHP is a red hot buy, page-56

  1. 1,050 Posts.
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    The $19.92 gap closed by the way, whilst I have been writing. That is a good thing that it has taken care of that now and not 2 weeks down the track.

    Positive divergence is also building up very nicely on the indicators.

    If you go back to posts 1 year ago and more (when share price was $30+), I bet you will find people writing things like, "wake me up when it gets to $20", or "I would not touch it until it is under $20" or "I would only buy if it went to or under $20".

    Well, it is there now. And you should ignore the circumstances which brought it there. because the reasons will always be very intense and scary. The point is that the share price is now sitting under and on $20. Of course the circumstances which bring a stock like BHP down from $40, $30 to $20 are going to be circumstances of intense fear. In this case, it has been a storm of low prices and the Brazil disaster.

    What?, You want the biggest miner in the world to be discounted to half price for nothing? You want it for free?

    To my eyes, it really looks like this stock is preparing for a big push up.

    If you had been waiting on the sidelines and have cash, I say buy it now.

    I watched the Trevor Skyes video posted by fluffy. I feel the guy is right. Don't listen to the noise of the analysts. Soon, they will buy it too.
 
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Last
$40.01
Change
-0.540(1.33%)
Mkt cap ! $203.0B
Open High Low Value Volume
$40.52 $40.63 $40.01 $261.2M 6.492M

Buyers (Bids)

No. Vol. Price($)
13 21029 $40.01
 

Sellers (Offers)

Price($) Vol. No.
$40.02 15000 1
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Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
BHP (ASX) Chart
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