Hi VK
$10 close for FMG is right on Fib62 retracement.....
Retracement...profit taking is "normal"....close on 50% Retracement is excellent, 62% is good too.
$9 is key support, it was the high it broke on the way to its latest high.....considering today's low was 992 then 10 support has been respected.
Let's hope the US tanks tonight, recovers Monday and then we re-open Tuesday!!!!
I am not holding a position in FMG...awaiting a re-entry signal.....an open above $10 and holding that until 11am will trigger an opening position, a close above 1040 will see me enter with the full position.
If you would like my FMG chart...email me at [email protected]
Cheers
Mark
price, page-32
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Last
$19.34 |
Change
-0.640(3.20%) |
Mkt cap ! $59.54B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.69 | $19.29 | $60.14M | 3.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 6364 | $19.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.35 | 2195 | 11 |
View Market Depth
| Last trade - 10.56am 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |