Looking at the iron chart, it is particularly encouraging. Back in July it was up, then went back down due to the coronavirus. Now it it going back up to $90. From this, it will most likely go up to $100 when China restarts and the coronavirus issue settles down. Looking like those analysts are trying so hard to create bad news but guess what, It is still Elizabeth Gaines who is telling us the better story than slange and that China will beat $1b iron ore production and modest growth, gltah and all imo.
FMG Technical Analysis, page-4685
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |