Long
BHP Billiton spectacular break-out
The Bulls pushed BHP Billiton out of its sideways range with very strong buying. It has been trading in the range for the past month and a half. Wait for it to pull back with key support at 32100 (previous resistance). Once its making higher highs, next resistance should be at 35100, 36600 and 37600. Above both the 20 and 50 day EMA.
My analysis should not be construed as financial advise. Share trading is risky and unpredictable at best. I'm just sharing what I see.
My analysis should not be construed as financial advise. Share trading is risky and unpredictable at best. I'm just sharing what I see.
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