I get the feeling the shorts have been trying to crack it below $14 but in the process, the fact it hasn't cracked means that they're very exposed if it pops back... so they are in a feedback loop of shorting more to cover at $14 but then needing to do it more because they shorted more and are more exposed as it keeps wanting to pop above $14 ... long flat bottom develops.... am I off base, anyone else agree?
FMG Technical Analysis, page-7675
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Last
$17.76 |
Change
-0.180(1.00%) |
Mkt cap ! $54.65B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.72 | $51.46M | 2.869M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 15788 | $17.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.77 | 6946 | 21 |
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| Last trade - 14.20pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |