BHP Billiton - BLT

The best place to go short on this would be at the next major resistance. Thats around 1203.
But there are are resistance levels before this.This would be short term trades thou as it seems the trend has changed.
Ill post charts latter as got to pop out

Hi Remo,

When is it worth going short?

Ive gone long on this from the back test of the recent breakout point.This area has the 200ema as well so gives added support.
Im using a 25 point stop just incase.


dl.dropboxusercontent.com/u/4899609/bhp27thapril2016.png

Trendfriend

Good call on BLT.

Trendfrien

Good call on BLT.

Didn't catch it, I was short on the FTSE though, so sort of caught it!!