FMG 0.63% $17.38 fortescue ltd

FMG Technical Analysis, page-9671

  1. 9,963 Posts.
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    yep there it is
    the long red candle

    now sitting as -41 lower red body 6c neck 2c tail near daily lows

    SHORTS smashing this all day from the flat opening

    their ST target is 19.00-20.50 imho
    long way to go till October.

    I expect SHORTS to continue the rundown as with the 3 prior zig zags 22-19 or 22-20
    the rises were all squashed down back to base camp.
    Traders are zigzagging it up and down 300c as they cant get much on the short or long side medium term.
    BEAR SEASON too dangerous for me, wait for the bottom imho, nowhere near it yet.

    Remember FMG is a traders stock and held SHORT by large %.

    SHORTS in charge today.
 
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Last
$17.38
Change
-0.110(0.63%)
Mkt cap ! $53.29B
Open High Low Value Volume
$17.56 $17.84 $17.21 $105.6M 6.021M

Buyers (Bids)

No. Vol. Price($)
9 4990 $17.37
 

Sellers (Offers)

Price($) Vol. No.
$17.38 6854 15
View Market Depth
Last trade - 14.16pm 18/09/2024 (20 minute delay) ?
FMG (ASX) Chart
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