BHP 1.20% $41.98 bhp group limited

Jermaynew,It did a double top on the daily chart yesterday that...

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    Jermaynew,
    It did a double top on the daily chart yesterday that is why it came off today daily chart dosn't look to bad on the STT its a buy, BUT on a weekly chart the STT is well over cooked and needs to come off!!! it has had 3 shots at $12.50 and failed each time.
    At the look of the weekly chart I would be shorting this stock!
    It has a line @$12.29 it may hold dont think so another @$12.15 another @$11.81 on my chart this is where you would expect it to kick up from if it dosn't then down to the next ect ect!!
    It does have strong surport @$11.50
    Hope it helps.
    Pete
 
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