double top on daily chart at 4.30
thats the 70c retracement point from 3.60 lows (4 yearly lows)
couldnt break this pivot 2 days in a row.
4 monthly chart is a U shape now to complete the rounding pattern at 4.30
last few times its been a 70c rebound and then went down 70-100c below the start point.
So the shorting yankee INSTOs cant do this anymore with the BB team & AF buying $15M stock on hand.
Expect a real fist fight 4.30.
BB team can really cram them at these 4 year lows.
last time at 4.30 support, it went to 5.00 annual highs on the way up which we now know was a suckers rally.
Do another $500M buyback I say.
Reducing equity was a genius move.
The shorts are under pressure, their sells at 4.30, 4.65 4.95 are getting compressed/squeezed.
BURN THEM SHORTS!
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Last
$22.42 |
Change
-0.205(0.91%) |
Mkt cap ! $69.06B |
Open | High | Low | Value | Volume |
$22.36 | $22.61 | $22.31 | $42.80M | 1.903M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 1369 | $22.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$22.42 | 1337 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 1264 | 22.430 |
12 | 2735 | 22.420 |
14 | 2280 | 22.410 |
14 | 5717 | 22.400 |
12 | 2008 | 22.390 |
Price($) | Vol. | No. |
---|---|---|
22.440 | 2162 | 17 |
22.450 | 8153 | 23 |
22.460 | 4261 | 18 |
22.470 | 1705 | 10 |
22.480 | 2701 | 12 |
Last trade - 13.51pm 05/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |