Based on the current world dynamics re inflation, flood events, rising interest rates, protests across Europe re high energy prices and Russia/Ukraine fiasco anyone could safely predict a 20% downside across all sectors next few months. There are a few shares I wouldn't want to be in at the moment, FMG and commodities sector generally possibly one of the safer positions aside of cash.
If the recession occurs as predicted then Governments will be throwing money at infrastructure, plenty of steel also required if the conflict expands in Ukraine which may already be planned by those that control political leaders.
- Forums
- ASX - By Stock
- FMG
- FMG Technical Analysis
FMG Technical Analysis, page-8626
-
-
- There are more pages in this discussion • 2,996 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$18.97 |
Change
-0.300(1.56%) |
Mkt cap ! $58.40B |
Open | High | Low | Value | Volume |
$19.01 | $19.33 | $18.71 | $210.2M | 11.07M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1879 | $18.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.97 | 39173 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1879 | 18.950 |
1 | 500 | 18.930 |
1 | 1000 | 18.900 |
2 | 3156 | 18.800 |
3 | 1214 | 18.790 |
Price($) | Vol. | No. |
---|---|---|
18.970 | 4239 | 1 |
18.980 | 109331 | 4 |
18.990 | 19700 | 3 |
19.000 | 15940 | 5 |
19.010 | 82079 | 3 |
Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online