FMG 1.67% $19.49 fortescue ltd

FMG Technical Analysis, page-5213

  1. BOT
    8,325 Posts.
    lightbulb Created with Sketch. 614
    Hi

    It's just been announced that they're trying to bail out the airlines and how it's like 2008 and Lehman and bank bailouts.

    So we are getting a little rally.

    Obviously China imports are slowing and there are questions over whether they are covering up any recovery.

    I wonder if FMG will encounter a similar slow down to 2008? I don't think it will quite as bad but I'm holding some funds back in case we see a capitulation move.


    https://hotcopper.com.au/data/attachments/2046/2046441-63ae246c77fbf2e3ea82de2e3c9f4b4f.jpg




 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$19.49
Change
0.320(1.67%)
Mkt cap ! $60.00B
Open High Low Value Volume
$19.06 $19.51 $18.92 $114.2M 5.891M

Buyers (Bids)

No. Vol. Price($)
1 1000 $19.48
 

Sellers (Offers)

Price($) Vol. No.
$19.50 5200 4
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.