BHP BILLITON PLC SPONSORED ADR NYSE:​BBL

BHP - Clear flag on weekly chart, breakout the pattern gives potential to achieve 47.75 $ \ 26% GL.

The rate is following a year old trend and has reached its upper boundary.

1. The cloud is beeing toughed from beneath. 2. Morning star. 3. RSI divergence.

We are in an upward channel and holding obove the cloud. I consider the recent decline as acorrection and look for the resumtion of the upmpve.

We just have retraced the rise of the latest 2 days. In this sideward market with upward bias I think that it is worth to buy some.

"seeing is believing" it doesn't need a lot of explanations. If u decide to take short position, beware of the nature of this stock. It likes to gap either upside or downside most of the time. But today's runaway gap downside was not usual type of gaps it had the print of high volume and it confirmed the bearish head and shoulder pattern. Just make your stop loss ...

"seeing is believing" it doesn't need a lot of explanations. If u decide to take short position, beware of the nature of this stock. It likes to gap either upside or downside most of the time. But today's runaway gap downside was not usual type of gaps it had the print of high volume and it confirmed the bearish head and shoulder pattern. Just make your stop loss ...