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hiker

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Posts: 8,859
Reply with quote  #1 
http://stockcharts.com/gallery/?bhp
new highs
note the alert given by the PnF chart in this chart gallery
note the volume trend
note the unbroken upsloping price channel on the weekly chart

likely benefiting from the run in copper, gold and uranium stocks, as well as other materials that BHP produces or explores.

BHP is the largest diversified resources company in the world.

Copper stocks today:

SymbolPct from Yr HighLastChangeDay's RangeVolumeAvg Vol52-wk RangeShort Ratio
FCX+5.70%59.75+3.27+5.79%57.02 - 59.885,527,6002,545,78031.52 - 56.534.00
MAD-26.45%8.62+0.61+7.62%8.10 - 8.8122,70024,4027.77 - 11.720.10
PCU+4.91%74.59+5.23+7.54%69.97 - 74.941,724,000872,07241.35 - 71.103.90
PD+3.70%155.40+6.07+4.06%150.24 - 156.633,024,8002,800,66078.20 - 149.851.50
WLV-61.47%5.14+0.13+2.59%5.05 - 5.24100,20077,5774.38 - 13.344.20

BHP profile - http://www.bhpbilliton.com/bb/home/home.jsp

BHP Billiton Limited, together with its subsidiaries, engages in mining, drilling, and processing mineral resources. It produces iron ore, copper, nickel metal, manganese, diamonds, silver, titanium, aluminium, and uranium. The company also engages in the exploration, production, and development of oil and natural gas in Australia, the United Kingdom, the United States, Algeria, Trinidad and Tobago, and Pakistan. The company also exports metallurgical coal for the steel industry, and energy coal. In addition, it has exploration interests in the United States, Australia, Trinidad and Tobago, Pakistan, Algeria, Brunei Darussalam, South Africa, Canada, and the Philippines. BHP Billiton Limited is headquartered in Melbourne, Australia.

article today:

http://biz.yahoo.com/iw/060104/0105162.html

----------------

For kicks, plot the 21 ema vs. the 34 ema on the weekly chart for CCJ and BHP....interesting similarity, including the two periods of pullbacks toward or below the weekly 34 ema in a couple years.

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hiker

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Reply with quote  #2 
3/1

http://stockcharts.com/charts/gallery.html?bhp


Wall Street Journal:
- BHP Billiton Ltd.(BHP) plans to almost triple its iron ore output during the next decade to more than 300 million metric tons a year, citing Ian Ashby, president of BHP’s iron ore unit.

3/1 overnight to 3/2 premarket news -

- Gold fell for a second day in Asia as speculators cut record long positions further on worries over demand for emerging markets. Tokyo gold futures dropped the daily limit.





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Being honest may not get you a lot of friends, but it'll always get you the right ones. - John Lennon

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hiker

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Reply with quote  #3 
3/27 intraday

- BHP Billiton(BHP), the world’s largest miner, and rivals may spend more in 2007 on exploration than last year’s record $7.13 billion to search for metals in Asia and Africa. Miners will boost budgets again this year, after increasing expenditures 40% in 2006 from a year earlier, said Jason Goulden, director of corporate exploration at Metals Economics Group, a research company.

source -

http://www.hedgefundmgr.blogspot.com/


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