Apache ive been short for the last 10 days, so i guess im bias. Long term im a bull on BHP and China, but it amases me how defiant the perennial bulls are. you have to be flexible.
For the last week we have heard "this is the bottom." What the... At least i'm honest enough to say i don't have a glue. My $24 call was an indication of where some value may be. I think it may go lower than this, but as im a bull, ill probable cover around this level and perhaps even buy a little.
BHP $24 DOW 8000 ASX 3880 (and thats very generous)
where is the bottom, page-37
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Last
$43.74 |
Change
0.260(0.60%) |
Mkt cap ! $221.8B | |||
| Open | High | Low | Value | Volume |
| $43.65 | $43.92 | $43.56 | $271.0M | 6.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $43.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.74 | 8771 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |