terrible close
SHORTS smashed it to daily lows
a long higher red candle with 59c red body 14c neck & 0 tail
bearish move
a large 85c lower than the close friday
looks like shorts trying to smash it to that October ledge of 14.00 that I correctly called as the double bottom last year
thats their target imho.
14.00
But it may not make it down there, yet 18.00 didnt hold today twice.
so down the arm it goes.
wait and see where the floor is imho.
Trading Rule 6
Dont buy the falling knife, never buy on the way down.
FMG Technical Analysis, page-8251
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |