"BHP revisits the scene of the crime ..."

Back on January 23rd, we looked at the entry trigger for a BHP PUT trade and elected to wait until the price had cut below $44.23 just in case the market decided to run back up and fill the gap on the upside.

This is in fact what happened and as at 28th January, the price had still not broken below the lower regression channel or the lower support level of $44.23.

We live in hope of a near term support break through.

Cheers