FMG 0.97% $26.51 fortescue ltd

Horrid daily chart -35c red body 17c neck 0c tail higher open...

  1. 9,691 Posts.
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    Horrid daily chart
    -35c red body 17c neck 0c tail
    higher open got smashed all day lower, closed at daily lows

    didnt crack the 28.90 pivot so its a lower low continuation wedge here on TA
    double top formed on the annual chart, very worrying for BULLS but loved by SHORTS

    SHORTS in charge AGAIN.
    target looks to be 26 area ST then 20 again during BEAR SEASON which is imminent if not already in play.

    SHORTS are ever present, dont be fooled by irrational exuberrance,
    FMG is a trading stock up and down by the INSTOs and they will SHORT if it wont go up, they will smash it down, stagnation is their enemy as that brings them no revenue.
 
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Last
$26.51
Change
-0.260(0.97%)
Mkt cap ! $81.62B
Open High Low Value Volume
$26.85 $26.89 $26.48 $41.85M 1.573M

Buyers (Bids)

No. Vol. Price($)
2 5950 $26.50
 

Sellers (Offers)

Price($) Vol. No.
$26.52 2763 2
View Market Depth
Last trade - 16.10pm 27/05/2024 (20 minute delay) ?
Last
$26.48
  Change
-0.260 ( 1.07 %)
Open High Low Volume
$26.85 $26.90 $26.48 295094
Last updated 15.59pm 27/05/2024 ?
FMG (ASX) Chart
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