Positive IO price and open met with virulent shorting/selling yet again.
Its not about the FA but about the Instos and shorters wanting to drop this to 3.00-4.50 and see how low it can go, still 3 months into a bear trend is fairly early, normally it goes for 6-18 months, so just wait to see the flattening out and flatline and break of the downtrend,
''better to buy on the way up in an uptrend than to catch a falling knife on a false rebound"
Why buy at 4.90 when it may be 4.00 next month?
Rather buy at 5.50 on the way to 7.00 again or at 4.00 going to 5.00.
If I hadn't been picking FMG so well since 2006 I would be interested here at 4.50 but then I thought that in 2008 and it went to 1.80 so wait and see and let others take the losses.
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Last
$18.31 |
Change
0.340(1.89%) |
Mkt cap ! $56.37B |
Open | High | Low | Value | Volume |
$18.09 | $18.32 | $18.06 | $115.9M | 6.367M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 273 | $18.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.32 | 9260 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 273 | 18.300 |
3 | 60132 | 18.290 |
4 | 25728 | 18.280 |
1 | 100 | 18.270 |
5 | 11679 | 18.260 |
Price($) | Vol. | No. |
---|---|---|
18.320 | 9260 | 4 |
18.330 | 93689 | 6 |
18.340 | 11450 | 1 |
18.350 | 6778 | 5 |
18.370 | 21747 | 4 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
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