OK bullish close after the usual false start pattern
Mainly driven by the rising IO price Dalian 480 to 496 to 487 yuan up 2% to $71UST but sharp drop away at end.
A hold above 5.20-5.30 is at the plateau of the rounding top pattern and break the prior interim top at 5.37, so must hold and break out of this pattern to show a reversal of the bear trend and confirm a bull trend since 26 June rather than a rounding top false rise pattern in a 6 month bear trend thus far.
Note- last time IOP was at $71 FMG SP was $6.20 but its $5.20 instead a whole $1 less. So either the market doesnt believe this will stay here and is a false rise or FMG has disconnected from the IO price on some other reasons such as large short interest.
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$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B |
Open | High | Low | Value | Volume |
$20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 38056 | $20.09 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.15 | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | 20.080 |
1 | 5000 | 20.050 |
3 | 2700 | 20.020 |
8 | 2885 | 20.000 |
1 | 2500 | 19.990 |
Price($) | Vol. | No. |
---|---|---|
20.160 | 11740 | 2 |
20.180 | 180 | 1 |
20.200 | 966 | 1 |
20.260 | 3200 | 1 |
20.280 | 993 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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