The S&P ASX 200 Materials index (XMJ) has developed a nice positive divergence on MACD and RSI. I like the current stance of the chart.
Energy is building, the coiled spring has been compressed and is about to unwind. Looking like Iron ore stocks are about to have a strong bounce. They are ready to pounce on any positive news. If iron ore were to suddenly have a significant bounce, FMG would put on 10-20% in a short space of time (or at the drop of a hat as they say).
Short is a bad position to be in at the moment.
![]()
- Forums
- ASX - By Stock
- FMG
- iron ore price
iron ore price, page-573
-
- There are more pages in this discussion • 1,123 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
|
|||||
Last
$18.30 |
Change
0.330(1.84%) |
Mkt cap ! $56.66B |
Open | High | Low | Value | Volume |
$18.11 | $18.49 | $18.10 | $128.2M | 7.002M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 13768 | $18.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.30 | 6026 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 47548 | 18.350 |
8 | 6439 | 18.340 |
9 | 10103 | 18.330 |
9 | 11309 | 18.320 |
8 | 8612 | 18.310 |
Price($) | Vol. | No. |
---|---|---|
18.370 | 19188 | 24 |
18.380 | 20941 | 23 |
18.390 | 13027 | 16 |
18.400 | 23053 | 24 |
18.410 | 16280 | 18 |
Last trade - 15.16pm 22/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online