An old favorite that may be in the zone for buyers to continue the trend up

Potential Buy Alert BHP

 

BHP – BHP Billiton Limited

BHP has retreated from the recent highs above 32.00 and now may be in the zone for buyers to resume the trend higher. We are now watching for minor higher lows as evidence of buyers stepping in to build the buy entry setup. May have some work to do in the current market climate so well worth waiting for a prime entry setup.

 

Stock Code : BHP – BHP Billiton Limited

Company Website : www.bhp.com

Current Price : 29.37

Status : On watch for buy entry setup