Either way its a good bullish reversal pattern since 10 Sept.
Its broken the 4 year bear run on the charts.
every day above 4.00 is now a confirmation bullish reversal on TA.
today a lower open smashed the shorts now sitting as a long lower green bar with 8c body and 2c wick & 1c tail, very bullish,
daily chart shows a rising pattern all day and arvo flatline so gains holding
IOP holding above 72 with AISC holding below 12, amazing massive FCF here.
I am predicting another $500M BB (no 3) for 2019 after this one went so very well.
With FCF running at A$8Bpa (correct me if im wrong) what the heck are they going to do with all this freaken cash!
up dividends, up the BB, build a refinery, concentration plant, buy AGO for $500M (not), buy other miners,
BURN THEM SHORTS!
FMG Technical Analysis, page-2436
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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 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |