BHP 1.00% $44.24 bhp group limited

FMG, RIO, BHP are setting up for a short-term explosive rally in...

  1. 7,728 Posts.
    FMG, RIO, BHP are setting up for a short-term explosive rally in my opinion.

    FMG is back from the dead after yesterday hitting a prior low at roughly the 161.8% fib extension down of the latest range.

    BHP has been very strong over the last two sessions.

    RIO had to close a gap, although a couple of others await down the track.

    DJIA bounced off the 200 day sma last night and closed on the nearby 50 sma, and also at the bottom of a channel.

    Should bounce from here.
 
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