Hi mate.
This is what I'm looking for as I luv buying decent, bombed out shares because the downside is very limited and the upside can be traded.
The iron ore price has exceeded its downside target and stochs are cooked so a bounce is due.
We have a huge volume day and the potential for an upside reversal is certainly there.
If it can exceed yesterdays high,then even better.
Loonyville looks like its calming down so if they behave themselves tonight then a rally should arrive.
More and more volatility should be expected in everything as we move into the eye of the storm.
Cheers.
FMG Technical Analysis, page-3557
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |