Beatle
Having closed under $27, BHP shows a Linear Regesssion SELL candle.
In this position, this candle can means either "UP the next day" or "one more down day".
That's why i'm saying it a 50-50 chance it will rise on Monday.
A rise on Monday should show a CCI UP candle and that would be very positive for more to come, but no forecast can last for more than a few days at this level.
The current Parabolic above today is at $31 so any break beyond that next week would be a good sign.
Is this the "bottom"?
Monday's Open will tell us.
where is the bottom, page-39
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Last
$41.98 |
Change
-0.510(1.20%) |
Mkt cap ! $212.9B | |||
| Open | High | Low | Value | Volume |
| $41.51 | $41.98 | $41.45 | $377.1M | 9.014M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $41.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $41.99 | 1547 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |