havent posted for a while on FMG...
here's my weekly chart now... we're now testing that low of $4.50-$4.60 which i mentioned in my post 2 months ago. there will be a lot of stop losses placed under that low, so if it breaks it could get punished down to the $3.70-$4 level.
if you're a believer or a trader, these could prove to be good medium/long term buying levels with stops under that previous low $4.50. if indicators move into crossovers, could trigger a lot of system traders into the stock and push it back above $5...
$4.50 is the key level to hold.
FMG Technical Analysis, page-575
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |