22 showed resistance yet again
a green candle today with long 45c body & 22c tail closing near daily highs
its a bullish candle no doubt but it still zigzagging.
market likes to hear iron bridge production, **on production, revenues increasing, profits increasing
this is what they need to do more of as well as REDUCE JUNK BOND DEBT to 0 & BUILD infrastructure and a refinery & more port capacity plus develop exmouth.
That would be bullish imho
The more they dilly dally and delay and kick the debt 7 refinery down the road the harder it will get if never.
Where is this 450c drop down coming I wonder, last year it was this time period in june july.
ill wait it out asto me it still looks like a -
BULL TRAP
FMG Technical Analysis, page-9704
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Last
$19.41 |
Change
0.420(2.21%) |
Mkt cap ! $59.76B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.55 | $19.10 | $98.59M | 5.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32185 | $19.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.43 | 946 | 2 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |