I think I wouldn't be looking to gap trade BHP. All technical indictors are simply that...indications of what has transpired previously with a view to what will happen in the future. Nothing too sinister or complicated for those that like to read what is behind the indicators rather than accept indicators or chart patterns simply at face value. A quick look on the 2 year chart on BHP shows all gaps prior to 8th July have been filled and when the stock hits $45 the recent few gaps will also be filled so I miss your point. Sorry ROB posters as I know you don't want to hear about BHP on this thread but the question was asked and now answered.
Giz...I totally agree re the boiler room antics and mods and admin do our best to keep under control without sterilizing the site so it becomes such a pain every post must be read by a solicitor prior to posting. The site must be self regulated to a large degree also.
You guys are best at identifying blatant rampers however an excited or exhuberant poster is not necessarily a ramper with an ulterior motive.
Apologies for the thread disruption and back to the stock with no more from me on this thread unless a direct question asked.
ROB Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
