FMG 0.32% $21.86 fortescue ltd

FMG Technical Analysis, page-2440

  1. 2,060 Posts.
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    lower green candle today with 1c body 2c wick and 1c tail on low volume
    lower open again did the trick and is hurting the shorts
    longer wick was not supported as yet but not surprisingly a flat day
    BB team looks engaged today.

    Another day above 4.00 is bullish for FMG
    IOP holding above 70-72 for 2 weeks is bullish for FMG FCF and revenue flows.

    What to do with A$8B of cashflow next year?
    Do another $500M BB and boost divy to 20c I say!

    Hey shorts, can you handle more BBs & better dividends with a strong IOP next year?

    BURN THEM SHORTS!
 
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Last
$21.86
Change
0.070(0.32%)
Mkt cap ! $67.30B
Open High Low Value Volume
$21.95 $22.35 $21.71 $192.6M 8.766M

Buyers (Bids)

No. Vol. Price($)
4 705 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.88 1359 3
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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