with the rising prices of uranium and minerals BHP is going to benefit from this. I don't think this is reflected enough in the price yet. Always DYOR Not financial advice
Real Assets. From growth back to value. Did commodities already go to far? Or just the Beginning? Up
BHP is in the material space and is seeing the benefit of the commodity super cycle and the covid supply chain disruptions and inflationary issues. I thought my $185 price target was crazy for CVX and yet we got into the $170s recently. I think BHP could get back to $100 and full extension could be to $175-200 over next couple years. Plus, you will receive a 10%...
62% Fe CFR Iron Ore continues its bullish trajectory, closing in on USD160/tonne. The futures markets show a continued bullish trend. Chinese News China announces a 5.5% economic growth target for 2022, down from 6% for 2021. Premier of the State Council for the PRC, Li Keqiang, stressed the priority of 'economic stability' for 2022. In addition to this, the...
Hi all, Checkout my analysis on the BHP Chart. I believe the price could go up to $60 with the first stop at $55 ASX:BHP . Offers a nice Risk to reward ratio. Follow the trend! Please note: This is not a financial advice, only for education purpose.
How I caught a falling knife, captured dividends, and turned a profit in BHP.
Shares are currently down close to -3%, trading below an important level at 47.26 and could continue further down to 46.65, 46.05, and 45.67 if it fails to get back above 47.26
been trading in nice uptrend since 2016, hitting good resistance @$49, looking to retrace ,$40 good entry point , exit $48 ,20% profit, waiting patiently for the $40 entry, very bullish long term
Immediate 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...
bhp biliton trading above a key level we might see price moving higher
High probability of going up,keep your investment if you are a buyer
Strong uptrend in BHP, price breakout looking good. Not the greatest spot for a long here as good R/R difficult to set post the break higher. Any pullbacks before testing 51500 level without breaking the trend would be a buy.
The stock broke the R492 resistance. I will start building a position with an initial 1% risk, with 1.6 shares
FEB 18 STO 57.50 P FEB 18 STO 72.50 C Pop 75% Delta 3.82 P50 89% Theta 3.517 M Profit $100 M Loss infinity B.P. -$614.40 ROC 16.27%
It 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...
History says it will. I expect next years rate hike will lead to a rally in PM's and commodities, as it did back in early 2016.
The confirmation of the break out would be support above the "Hump" of the dragon, .886 minimum target
We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.