BHP Weekly Chart

The BHP Weekly chart running for a year. Notice how at around $25 the BHP share price starts becoming volatile with larger price moves. I will also post up the equivalent log graph to show that all these movements are proportional in percentage value. In this graph simply observe the volume spikes and as well as the upward trending channel. Notice the dragonfly doji in the second most recent week along with the volume spike on that same week. Could $28 be a major support? (Click on the chart for the larger version if you can’t see)

You can find more weekend analysis of BHP for the end of Week 22 2006 here:
BHP Daily Volume
BHP Daily MACD Histogram
BHP Weekly Chart
BHP Weekly Log Chart
BHP Weekly Chart with MACD

BHP Billiton is listed on the Australian Stock Exchange (ASX) under stock code BHP. Check your charts!

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