US inflation numbers last night clearly indicated China's preference for scrap metal with the price of used cars been one of the larger contributors, note for those that are a bit high-strung, this is a joke.
My latest prophecy is things look favourable for a good push, the market has had a bit of a sideways correction and may push up, IO stocks have had a decent correction and IO looks like it's ready to push on again.
Holding out to the mid $24's before slapping on sold calls again, it's been a good month.
Iron ore price, page-32939
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Last
$18.29 |
Change
0.150(0.83%) |
Mkt cap ! $56.31B | |||
| Open | High | Low | Value | Volume |
| $18.14 | $18.38 | $18.02 | $164.0M | 9.002M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10275 | $18.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 2897 | 2 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |