bhp tips iron ore slide, page-34

  1. 3,967 Posts.
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    A quick glance at that chart shows a share still in a long term uptrend. A breach of $35 would probably find pretty strong support at $30, where it has rebounded from on a number of occasions. Worst case scenario $25, again eith long term historic support.

    Did you use other T/A indicators to help with your assertion of $15 Martis? Of course if the world economy collapsed it MAY come true, but your downward arrow could have been placed anywhere along that support line.

    What you have shown there is pure conjecture and not based on any T/A I have ever seen.

    Milesy
 
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