Watch volume - if the volume supports up-move you dont want to be going anywhere - price is secondary it will just keep going up. When I got into FMG my price target was $4.30 and this has not changed. But not expecting IO to be breaking higher either - my assumptions where at $63-65 not knocking on the door at $70 and no signs of stopping.
Iron ore price, page-7587
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Last
$17.32 |
Change
-0.840(4.63%) |
Mkt cap ! $53.32B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.26 | $202.6M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4600 | $17.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.33 | 396 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |