3150 now acting as short term resistance.
sorry normaly trade futures and currencies so please excuse my lack of knowledge of BHP.
Noticed BHP's price reflected higher prices in the commidity and base metal's indexes.
BHP has yet to make any cuts in expenses(workforce) suggesting they are hanging on to their talent and waiting for the next upturn in world economy.
I am not anti BHP like some of the posts I notice on here but my thoughts are that we are currently at a high due to indexes & oil rising over Christmas period and NY's.
BHP in NY was only up .46% so it could up today but I have close stops and can afford to short again.
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