Higher green candle today with 2c body 2c wick and 1c tail
looks like a hammer shoot
daily chart shows 3 x V V V waves with the daily low bought up fast
so BB team is in action
monthly chart again shows a rising bull trend
annual chart shows the zig zag bullish rebound pattern since 10 Sept with seasonal highs incoming for Jan/Feb like before, every day above 4.00 is a bullish breakout of the 4 year bear trend.
Should have a run at 4.30 and then 4,65 prior 3 year triple low pivot.
After 4.65 could run back up to 6-7 like before
remember FMG is usually controlled by the top 20 INSTOs & shorters but this time its being controlled by AF & the BB team so totally different dynamic now.
BURN them SHORTS!
FMG Technical Analysis, page-2439
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Last
$21.71 |
Change
-0.190(0.87%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 289875 | $21.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 95078 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |