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Jezza323
Aug 10, 2021 1:57 AM

BHP is due for a pullback (approx 10%) Short

BHP GROUP LIMITEDASX

Description

I think its about time for BHP to pullback. Both trendlines and Divergence leads to that conclusion. Might afford a good opportunity to buy.
Comments
hryley
Good Call. What are your thoughts from here?
Jezza323
@hryley,
This could be a false breakout so it might be worth waiting for the end of the candle. But if we break the trendline, its possible that we will see downward move.
AsimMirzaTrader
@Jezza323, Good cal. what are your thoughts now...

I think current price level at $36.52 is a pretty good support level, next supports are also not too far like $35.70 and $33.25 range.

following is my perspective:

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