Hai Guntrader
I am new to trading and starting to understand charts.
Could you please help as to how to calculate the pivot point and what is it?
Your R2 value seems to be just below the 50 % Fibonacci value at 22.59 $
Have you got these pivot values for CBA and NaB please?
Going into BHP forum, many traders there are hoping bank shares will fall on Monday. However, if you saw last Thursday and Friday, money was really moving into banks and miners and energy stocks were hammered down. What si your feeling?
I have the same opinion of you for WBC price, NAB around 28.9 and CBA 43-44 $. So the coming wek will be for banks and then it would be miners again. Do you have a price projection for BHP next week based on your charting experience?
Thanks in advance
Sara
weekly chart of the week, page-3
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Last
$27.23 |
Change
0.140(0.52%) |
Mkt cap ! $94.47B | |||
| Open | High | Low | Value | Volume |
| $27.29 | $27.40 | $27.10 | $138.8M | 5.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4602 | $27.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.23 | 50657 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| WBC (ASX) Chart |