Long

BHP Struggling with support level

By RossLarter
After a nice short position, JSE:BHP seems to be struggling to break through the support level at around 42000. If the price action continues upward, I will consider entering a long position. we could potentially see a Head and Shoulders pattern forming in the coming weeks as well.
ALSIbillitonjsesouthafricaSupport and ResistanceTrend AnalysisZAR
RossLarter
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