BHP is the largest Mining stock on the FTSE.
The shares have traded in a wide range of 33% between 1532p on 2nd April and 1025p on 3rd March.
BHP hit a HIGH 1 years ago @ 2205p on 16th May 2008 and a recent low of 732p on 21st November 2008.
The shares have not close below 900p on a monthly basis since November 2005.
The technicals on a Hourly, Daily and Weekly basis are
H MACD(7) STOC (67) RSI (56) 5ema (1404p) 50ema (1387p)
D MACD(36) STOC (28) RSI (54) 5ema (1391p) 50ema (1306p)
W MACD(22)STOC (76) RSI (55) 5ema (1383p) 50ema (1340p)
Last BUY signal was triggered on 4th March @ 1100p
Last SELL signal was triggered on 6th April @ 1400p
Support levels are 1025p and 1220p
Resistance levels are 1532p and 1790p
Set a long term BUY @ 900p and SELL @ 1500p
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