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BHP Billiton And other Commodity Stocks Stage An Afternoon Pullback



January 24, 2011 – Comments (0)

BHP Billiton Ltd.(NYSE:BHP) is one of the largest natural resources companies in the world. Today the stock is trading higher by $1.39 to $89.60 a share. Intra-day the stock failed to break above the $90.00 resistance level and has pulled back throughout the afternoon. The stock will have short term intra-day support around the $89.00 area. This is a spot where traders can look for an intra-day bounce.

Nicholas Santiago

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