Ive noticed some similarities between the 1997 bear market to the present one.
In 1997 a support level was broken, causing the SP to take an even bigger "dump"
The price action around this support level is interesting and may repeat itself in a similar manner around our current support level of $31.
Ill post a chart soon which will highlight this.
Dimma, id say between 1 - 3 yrs, who knows?
wednesday price action, page-59
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Last
$42.68 |
Change
-0.470(1.09%) |
Mkt cap ! $216.4B | |||
| Open | High | Low | Value | Volume |
| $42.71 | $43.20 | $42.68 | $463.8M | 10.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13572 | $42.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.70 | 457 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BHP (ASX) Chart |