today
16c red body 8c neck 27c long tail yet again
resistance to the Shorters
but these long tails are worrying, the daily lows keep going lower, then get reversed
may signal the shorts covering intraday or buyers buying daily lows.
with bear season here it must the former.
the Shorts are in control.
not a good signal.
need to see a flooring pattern high volume with low tails higb necks for a reversal trend but would wait till the blowoff low say Oct like last year or an uptrend restart.
when you think its cheap it can get cheaper normally
patience is the key
heck it is cheap but its bear season & in a down trend from 22 to ?
Beware the bull trap.
FMG Technical Analysis, page-8445
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |