Long
BHP still a buy after the divi
We're long BHP Billiton now on divi day. The dividend drop coincides with a nice support level that I was more than happy to buy for our SMART strategy. That horrible head and shoulders pattern has also completed so I reckon a recovery rally is in order from here. Only risking 2% of the SMART portfolio at stop loss of R266.00...Go Billies Go!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.