Thanks for the post Ultra - another couple that you may want to look at are RIO and BHP. I think that they recently completed an ABC correction (both showed classic MACD to price divergences on the weekly at the end of these corrections) and have now taken out their downtrend resistance.
On my analysis, BHP is very nearly at the end of W1 and RIO is in the middle of W1 up having completed (1), (2) and either (3) & (4) or (i) and (ii) of (3) - have a look if you get a chance.
Regards,
Jaysee
Thanks for the post Ultra - another couple that you may want to...
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Last
$39.99 |
Change
0.340(0.86%) |
Mkt cap ! $122.9B | |||
| Open | High | Low | Value | Volume |
| $39.78 | $39.99 | $39.57 | $219.3M | 5.500M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5676 | $39.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.99 | 3430 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| NAB (ASX) Chart |