The "long red candle" last week, was due to the stock going ex dividend 30 cents.
If you add back the dividend, the share prices went up last week.
I am not sure you can come to any conclusions using charts and highlighting the long red candle, when this price drop was expected.
FMG Technical Analysis, page-2832
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Last
$19.41 |
Change
0.420(2.21%) |
Mkt cap ! $59.76B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.55 | $19.10 | $98.59M | 5.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32185 | $19.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.43 | 946 | 2 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |