FMG 1.04% $20.35 fortescue ltd

FMG Technical Analysis, page-11131

  1. 156 Posts.
    lightbulb Created with Sketch. 61
    problem that Tomboy found himself in is believing that history repeats itself and stocks always follow a predictable pattern.
    He also overlooked and or was extremely critical of FMG venture in Hydrogen.
    Stocks never follow a predictable pattern. What occurred last year will unlikely repeat itself exactly this year.
    IOP has and will remain higher. Thank inflation for this. It’s not returning back to low levels.
    FMG is a different beast today than it was the previous years.
    So the market has seen this and this is a reason it has stayed at these elevated levels.

    while I like reading Tomboys assessments they are nothing more than a personal opinion at the end of the day.
    People in this group who trades based on it have lost out enormously.

    again this is my in opinion as I see things.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.35
Change
0.210(1.04%)
Mkt cap ! $62.65B
Open High Low Value Volume
$20.41 $20.76 $20.26 $183.4M 8.943M

Buyers (Bids)

No. Vol. Price($)
3 2123 $20.34
 

Sellers (Offers)

Price($) Vol. No.
$20.36 4581 2
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.