Short

BHP in a channel

JSE:BHP has failed to break out of the downward trending channel that it has been trading in and has once again bounced off the top for a downward move. We could see it continue down to the bottom of the channel, but it might also find some resistance around the 31000 level as it has before.
ALSIBHPbillitonjseParallel ChannelsouthafricaZAR

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