FMG 1.43% $22.04 fortescue ltd

FMG Technical Analysis, page-6891

  1. 9,783 Posts.
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    a lower long green candle on the lower open
    meaning the low open burnt the daily shorts but helped the shorts held overnight.

    Double top pattern formed (bearish).
    Time to take profits near annual record highs 25.50+
    26 area showing strong resistance as I said before.

    recovered well intraday.
    selloff followed the lower IOP

    But with IOP above 220 still FMG should be at 33.00 but nowhere near it.
    May see a very zigzag period coming up between 22-26
    Doesnt look like the shorts have given up.

    Burn them shorts BURN.
 
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Last
$22.04
Change
-0.320(1.43%)
Mkt cap ! $67.86B
Open High Low Value Volume
$22.32 $22.41 $21.98 $158.0M 7.125M

Buyers (Bids)

No. Vol. Price($)
4 39363 $22.03
 

Sellers (Offers)

Price($) Vol. No.
$22.05 1722 4
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Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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