Victor, great Post mate. FMG is basically my 2nd favorite stock on the ASX. The Chart looks bad right now but the long term upside of this Company is very secure IMO.
The World is building faster than ever before and wont be slowing down until 2029. If anything things will be speeding up until 2029, then it will be like 1929 repeat.
Once FMG flips into a positive looking chart pattern I will grab alot more. But until then Im ready for some bagger gains ahead this year on CPV.
FMG will modify its business product offerings over the next few years and surely become an $8 stock after the chart patterns revert to bullish shapes again. FMG will be a bagger from here for sure, but its a waiting game for the chart to turn bullish again.
Btw I rode STO down from $6 to $3- and back to $6, what a ride . I had alot of it too.
Ann: Media Release FY18 Results, page-96
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Last
$19.32 |
Change
-0.590(2.96%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $154.9M | 8.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1700 | $19.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.32 | 826 | 8 |
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| Last trade - 13.20pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |