BHP Channel indicates fall ... Do you believe ?? Short

BHP GROUP LIMITEDASX

Description

⋅ Jul 30, 2018 12:36 AM

If the channel is right, the asset will fall close to the Up Trendline...Let's follow up to see ...#luizdenot #xbroker #bhp

Comments

sjkendall

⋅ Jul 30, 2018 8:57 AM

I agree with the technical analysis, but in this case perhaps fundamentals will come into play. In particular, the announcement of the sale of shale assets, and with it the prospect of some good dividends returned to investors.
afr.com/business/mining/bhp-investors-eye-franking-flood-after-shale-sale-20180727-h1381u