FMG 1.43% $22.04 fortescue ltd

FMG Technical Analysis, page-2331

  1. 2,060 Posts.
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    todays candle another higher small green bar with 2c body 4c wick and 4c tail.
    the backends were the same so the tops and bottoms got taken out
    daily chart shows a morning drop then large wave reversal and closing drawdown
    very volatile chart.
    Annual chart shows a clear breakdown of the bear trend since 10 Sept being 4 year lows

    4.30 should be attacked soon, may be a resistance point like it was on way down
    Should clear this easily to 4.65 where the real battle will be

    I smell another $500M buyback for 2019 as well.
    The shares held short are being depleted daily.

    BURN those SHORTS!
 
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Last
$22.04
Change
-0.320(1.43%)
Mkt cap ! $67.86B
Open High Low Value Volume
$22.32 $22.41 $21.98 $158.0M 7.125M

Buyers (Bids)

No. Vol. Price($)
4 39363 $22.03
 

Sellers (Offers)

Price($) Vol. No.
$22.05 1722 4
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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