Iron ore spot price falling again. I think it will re-test that $85 low. Looks like the FMG rally is running out of steam, and low volume suggest the rally was based in short covering rather than buyers stepping up. The trade is too crowded for me but down trend still intact and i think another down leg is imminent again.
they're back!!, page-12
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 (20min delay)
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Last
$21.52 |
Change
-0.100(0.46%) |
Mkt cap ! $66.25B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.61 | $21.25 | $97.49M | 4.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3904 | $21.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.54 | 4837 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |