Another bullish green candle today
thats 10 out of 12 in a row at the annual lows
today a 5c green higher body 17c neck 13c tail
meaning a doji type candle with highs and lows swept up closing near open
Shorts FAILED miserably yet again.
And sitting well above prior interim high of 15.40, sliced through it like butter.
annual chart now showing a clear breakback retarce higher from the low ledge flooring pattern that I correctly called as the triple bottom of 14
I called a bear trap at 14 and spot on.
The triple top high at 26 still a long way off
but may move fast if shorts cannot get anywhere and forced to cover their losing trades.
This resistance at 16.00-16.40 is FAKE imho
Bullish November is here like last 2 years same pattern,
The real target is 19-22 now by Feb imho.
BURN them SHORTS, BURN EM ALL!
FMG Technical Analysis, page-7795
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Last
$22.41 |
Change
-0.210(0.93%) |
Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.42 | 11435 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |