BHP.LSE(BLT) Daily Chart Analysis 23/12/2015.

A sharp and decisive move with BHP.LSE ( Ticker Code BLT, London Stock Exchange) as of this writing 22:50 23/12 Melbourne time. The GFC low for BHP.LSE was 731.50 British Pounds and as of this writing it is trading at 828.10 British Pounds. What this tells me thatĀ the major intra month support break with BHP.LSE is now nothing other than a whipsaw break, should the price action close above the GFC low of 731.50 by the month’s end. EOM close.

Lots of short covering and potential smart money presence at current levels reaffirming the support with BHP.LSE.

Can the similar price action behaviour follow suit with BHP.NYSE & BHP.ASX at the next trading sessionĀ ? let’s wait and see.

Charts are courtesy of

Below is the Monthly Chart of BHP.LSE ticker code BLT.


Below is the Daily BHP.LSE Chart, ticker code BLT up almost 7% as of this writing.



All the information and analysis provided on this website is general in nature and for educational purposes only and does not constitute financial advice. No content in any way implies a recommendation to buy, sell, hold or short sell any financial instrument, nor is it financial advice.

Investing and trading in financial markets carries considerable risk, and should always be done in consultation with a licensed financial adviser taking your personal circumstances, financial situation, objectives and needs into consideration.

Links to other websites are inserted for convenience only and do not constitute endorsement of any of the material on those sites, or any associated organisation, product or service. Kazim Agaoglu is not responsible for the content of any site owned by a third party that may be linked to this website and such links are provided as a courtesy with no judgment or warranty being made concerning the suitability, accuracy or otherwise of the content on any such site.

Kazim Agaoglu disclaims any undertakings, warranties or guarantees, express or implied and shall not be liable for any loss or damage whatsoever arising out of in connection with the use of or reliance upon any of the information on this website. The user accepts sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information on this website is no substitute for financial advice.


Comments are closed.