BHP GroupKeeping an eye on JSE:BHG in anticipation of a breakout. It's been trading in a range for the year, a breakout might push the price higher.
Bhpgroup
BHG BreakoutAlmost at the end of the trading week. Somewhat breakout confirmation on JSE:BHG . Market close will give a better confirmation.
BHG pending breakoutJSE:BHG chart look something like a cup-and-handle. Whatever you see, a buy-stop-order around R581 isn't a bad idea.
BHP about to fall. BHPImmediate targets 58, 52. Invalidation at 97.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Flat on BHP. BHPIt is a strange looking B Wave if it is actually one, but we can see a divergence on the horizon. Even if this is an upward Wave C, which it can be, we are still looking at a bearish scenario. All in all, there might still be a "bump" of one kind or another before we travel South on this one.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
BHP - Would it go up without making double bottomSo far ASX:BHP has been going strong from support price approximately $36.00, showing signs of trend reversal but it could be a counter trend move.
I am expecting a price correction here.
from here I expect price moving down to $38.00 , and then $37.00 levels.
finally if It gets down to $36.00 levels would offer good buying opportunity and that is where it would form double bottom .
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Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Go Long on Mining Stocks $BHPBHP breaking out to the upside soon?
The chart pattern is showing an uptrend bull flag.
BHP daily close at H&S neckline, bullish vibes zero JSE:BHP close today resting right at the neckline of a textbook H&S. I wish it were not so, as I'm positioned for a bounce, but alas resources are not giving off good vibes at the moment, not good at all :-(
