last years peak was 26.00 on 26 July then a collapse to 14.00 in October
This year peak of 26 July is 19.00 some $7 lower than last years peak.
The bearzone bottom could be around 9-12 on this maths if history repeats to the same degree.
Last year it was 14.00 bottom but dropped a whopping $12, I cant see that this year but who knows?
so the bear season starts on Monday 1 August carrying on till 1 November as it has for 3 years in a row now.
I will wait till 1 November & see where the bottom settles at this year.
I expect a bad crash in Sept Oct this year right before the Euro frozen winter depression & the November US elections with 10% inflation hitting hard globally.
FMG will follow the market lower imho.
Rather not buy before a crash sorry.
SHORTS are rubbing their hands in glee.
FMG Technical Analysis, page-8434
-
- There are more pages in this discussion • 3,211 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.22 |
Change
-0.270(1.39%) |
Mkt cap ! $59.17B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.55 | $19.22 | $85.01M | 4.398M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27260 | $19.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.33 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |