FMG 0.70% $24.29 fortescue ltd

cliff face pattern on the annual deepening another breakdown...

  1. 9,720 Posts.
    lightbulb Created with Sketch. 4191
    cliff face pattern on the annual deepening
    another breakdown below 24.80
    another inverted W daily chart with close near daily lows

    today it opened +25c but now sits as a higher red candle with -20c red body 3c neck 5c tail
    the higher open got SMASHED by SHORTERS AGAIN.
    my call of 24-25 breakdown SPOT ON.

    my call is a 20-22 test during BEAR SEASON till 31 Oct, long time to zig zag lower
    the prior pivots are at 19, 20, 21.50, 22.50 23.50 so this attempt to hold at 24.50 -25.00 looks doomed to fail as the prior SP pivots are below this once below 26

    SHORTS in charge
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$24.29
Change
0.170(0.70%)
Mkt cap ! $74.51B
Open High Low Value Volume
$24.33 $24.37 $24.18 $40.56M 1.642M

Buyers (Bids)

No. Vol. Price($)
5 788 $24.29
 

Sellers (Offers)

Price($) Vol. No.
$24.30 992 9
View Market Depth
Last trade - 12.04pm 06/06/2024 (20 minute delay) ?
Last
$24.25
  Change
0.170 ( 1.08 %)
Open High Low Volume
$24.32 $24.36 $24.19 421009
Last updated 12.22pm 06/06/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.