Perhaps Moody's sold some stock at $3.15 and are now trying to set up a new buying zone, coupling a downgrade and some shorting. Convergence with the 20day moving average is probably the rebound point.
Ann: Moodys Down Grade Fortescue Credit Rating, page-11
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Last
$19.73 |
Change
0.760(4.01%) |
Mkt cap ! $60.74B | |||
| Open | High | Low | Value | Volume |
| $19.11 | $19.90 | $19.11 | $207.2M | 10.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55717 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 15000 | 1 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |