BHP - INVERSE HEAD AND SHOULDERS. $58 TARGETIt doesn't get more beautiful than this. neckline outlined in dotted line with clear, concise left and right shoulder. 100% measured move at $58. long the throwback if possible. Longby massimoanile2
BHP : whatch out for Head and Shoulders It looks like H&S formation is being completed in #BHP. That potentially gives a hefty 40+% upside towards April 2011 high.Longby ProTrading24ru1
Go Long on Mining Stocks $BHPTime to go long on Mining stocks. $RIO $BHP and $FMG all have bullish chart patterns in play for next month and early 2021. Longby johninvest176
#BHP - 1D Timeframe - US ELECTION OPPORTUNITY - WIN-WIN?POLITICAL AND MARKET CONTEXT Specialized on silver production that is a basic raw material of photovoltaic solar panels. Renewable energy consumes up to 30% of world silver production. If Trump wins, price of metal might still rising due to his monetary (inflationary) policies. If Biden wins, BHP will be a huge player as a raw material supplier of a possible boom of Solar and renewable energy TECHNICAL ANALYSIS. 1D TIMEFRAME. Historical support on $46.80 - $47.70 range. 4 clear rebounds on this level over last 15 months (yellow rectangles). March´s COVID-19 meltdown was the only time that this support was broken. Last week this price range was tested again and showed quite strong even with a high seller volume . This time we've got MA200 assisting as double support just above Fibonacci´s 0.382 level. Strategy: Monday and Tuesday sessions are crucial to confirm rebound on support pointed out. Specially with the high volatility and bear forces we might expect for this week. If price resist this level and cross MA200, we´ll be able to open a long position with a target of $58.55 (+21.5%). Longby aoberningerUpdated 1
H&S on BHPLSE:BHP has formed a Head & Shoulders pattern and we could be looking at a possible short. It is struggling to break through the support level at the neckline, so I would wait for a break below this before entering short.Shortby RossLarter111
BHP - Looks like its headed back to pre covid Highs!Technical looking very strong leading into earnings. Additionally, fundamentally BHP will be paying healthy dividends and benefit from be in the right part of the resource cycle. For example, Iron ore is now virtually back to GFC price highs. Longby ruttUpdated 3
daily analysis of BHP GROUP LIMITEDHi friends the daily chart of this market shows with a high probability that it will experience a bullish trend in the next few days but it is also better to be vigilant on the change of direction towards the reverse please subscribe to receive more analyzesLongby YL_PRO2
$BHP watching for confirmation from RSI (flattened) - done MA 50 and 20 - looks like we have the 20 and had the 50 stoch - turn around MACD - blue cross up Longby katblat3
BHP Stock - London Market Open - BUY!BHP News and performance are looking good! The Auto Fib Retracement is being respected and the max resistance had been passed. Definitely a BUY: Entry Price: 1750.00 SL: 1720.00 TP1: 1770.00 TP2: 1790.00 Until signs of reverse!Longby dvargas18061
BHP Group $BHP "Cup"It is forming a cup and $38.04 is the confirmation for the pattern. 12 months Consensus Price Target: $60 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx Longby TheBullseye11
Holy Grail/ adx gapper/ 80-20 all signals triggeredThis is a triple confirmation on strategies from Streetsmarts... 1. Holy Grail is watching ADX it should be correcting only from uptrend > 30 2. Gap below yesterday's low then reversal recovery in morning at 35.10 3. 80-20 is yesterdays range opened in upper third, and closed in lower third; today's gap down then recovery of yesterdays low, buy > 1st hour bar > 35.25...hold until close or next day 4. technically there's an ABC style correction in a strong uptrend which tips probability that could recover multi-days even if miss low a bit ( call options could be considered if GAPS down to obvious target for C leg...as a re-entry method) 5. 6 days ago was a low, that is also beat > 35.35 showing another reason shorts may 'cover' or take profit...Longby Aussie-scalperUpdated 4
BHP Billiton Ltd(BHP) Price chart analysisBHP Billiton Ltd(BHP) had a slow start in today's session, with its opening trades below Friday's session but picked up momentum after breaching 45.20. It has crossed another critical point at 35.48 at the time of writing and could be heading towards its next target at 35.90. The critical support level is at 35.48, 35.20, 34.80.by Rotuma6
BHP - Massive volume breakoutBHP - Massive volume breakout Surged in Ion Ore prices has lifted prices in today's session with a huge price gap to the upside. Target 1 - 44.85, target 2 - 45.32, target 3 - 45.90, target4 - 46.95. Support at 43.85 and 43.10by Rotuma3
stay buyerstay a buyer it is very likely that the price will go up to $ 32.22 if the candle breaks the price forcefully then it will go up to $ 34by houssamali52