double top on daily chart at 4.30
thats the 70c retracement point from 3.60 lows (4 yearly lows)
couldnt break this pivot 2 days in a row.
4 monthly chart is a U shape now to complete the rounding pattern at 4.30
last few times its been a 70c rebound and then went down 70-100c below the start point.
So the shorting yankee INSTOs cant do this anymore with the BB team & AF buying $15M stock on hand.
Expect a real fist fight 4.30.
BB team can really cram them at these 4 year lows.
last time at 4.30 support, it went to 5.00 annual highs on the way up which we now know was a suckers rally.
Do another $500M buyback I say.
Reducing equity was a genius move.
The shorts are under pressure, their sells at 4.30, 4.65 4.95 are getting compressed/squeezed.
BURN THEM SHORTS!
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Last
$22.55 |
Change
-0.070(0.31%) |
Mkt cap ! $68.84B |
Open | High | Low | Value | Volume |
$22.36 | $22.61 | $22.31 | $34.09M | 1.515M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1035 | $22.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.55 | 3415 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 734 | 22.520 |
12 | 1671 | 22.510 |
17 | 9241 | 22.500 |
8 | 1506 | 22.490 |
9 | 2215 | 22.480 |
Price($) | Vol. | No. |
---|---|---|
22.530 | 2371 | 22 |
22.540 | 4447 | 17 |
22.550 | 2972 | 16 |
22.560 | 2479 | 11 |
22.570 | 2999 | 13 |
Last trade - 12.33pm 05/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |