First time poster so go easy, but after seeing a report of FMG on the Australian Business Review front page and checking out the chart, FMG looks like almost a perfect buy with a double bottom and a reversal to be played out soon.
If the reversal plays out, we are likely to see a 20% - 30% rise before February if resistance is broken at $5. And a possible 40 - 50% before May if resistance is broken at $6.
DYOR
FMG Technical Analysis, page-472
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Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3323 | $16.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.15 | 750 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |