SHORTS BURNING 3 days in a row
today another green candle but way stronger, longer and engulfing now,
a long higher green candle with long 86c body 3c neck 29c tail
meaning opened flat then the shorts died early and the rally to daily highs now with shorts covering like crazy
I picked this last few days
hoots you are too focused on DMA and not momentum
look at the RSI, its at 2 year lows, way oversold,
last time RSI was that low in a valley the SP doubled from there!
clearing that 15.00 support I mentioned
also the 15-17 ledge I called seems to be holding here. Thats a positive signal for the bullish reversal.
I love the smell of napalm in the morning,
BURN them ALL,
those SHORTS,
BURN THEM ALL!
FMG Technical Analysis, page-7268
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Last
$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $59.34B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |