AI BHP Forecast + Trading Strategies


Bullish Case: BHP's recent copper production uptick amid rising green energy demands could propel shares. Additionally, the Escondida strike may lead to supply constraints, further boosting prices.


Bearish Case: Declining iron ore prices and market volatility present serious threats to BHP’s profitability. Continuous labor disputes and China’s economic slowdown could exacerbate downward price pressure.


Potential Outcomes:

1) Price rebounds to $58 (+8%) in 30 days (40% chance).

2) Stagnates around $54 (-7%) due to market factors (30% chance).

3) Drops to $51 (-12%) amidst sustained bearish sentiment (30% chance).


Trading Oracle: Implement a bullish debit spread by buying $55 calls and selling $57.5 calls to capitalize on potential upside, focusing on a 30-day window. High implied volatility enhances profit potential with manageable risk.


August 20, 2024


BHP Group Limited Forecast

BHP      BHP Group Limited











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