XMD 0.47% 10,302 s&p/asx midcap 50

Yes, BHP very interesting at the moment. Appreciate the...

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    Yes, BHP very interesting at the moment. Appreciate the alternative perspective, but I'm a lot more bullish. I'm pretty confident I know how this one will play out with an open leveraged long position from $17.25 and looking to add to my position next week. Upside target is $22.65, then consolidate there over next 6mths to June before heading down to lower levels. Will post further on this in due course.

    Have a look at the weekly volume spike of the low bar two weeks ago. Ok not a dramatic spike but something of a capitulation here maybe and somewhat indicative for a short term low?
 
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