bhp, rio & wpl - there's a bad smell about them
I don't like the look of any of these resource stocks at the moment.
My amateur charting skills tell me they're all looking toppy.
Furthermore, with BHP for example, with all the hype from overseas re low metal stockpiles added to the fact it goes ex-div this coming Thursday - why is it so weak? And you can't even blame the $A anymore.
WPL has been strong today and yesterday, but I suspect it has just burnt itself out (and formed double top).
It's only a gut feeling , but something aint right in resources land - any other opinions would be welcome.
cheers
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$114.45 |
Change
0.460(0.40%) |
Mkt cap ! $42.48B |
Open | High | Low | Value | Volume |
$113.72 | $114.51 | $112.97 | $119.2M | 1.045M |
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No. | Vol. | Price($) |
---|---|---|
1 | 89 | $114.45 |
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Price($) | Vol. | No. |
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$114.51 | 579 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 397 | 114.400 |
1 | 34 | 114.250 |
1 | 250 | 114.200 |
2 | 197 | 114.150 |
1 | 210 | 114.140 |
Price($) | Vol. | No. |
---|---|---|
114.600 | 180 | 1 |
114.620 | 2462 | 1 |
114.680 | 250 | 1 |
114.690 | 197 | 4 |
114.700 | 310 | 1 |
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