Here is your statement
“is this the dead cat bounce before the bear season crash Aug - Oct as usual & exit pivot or areal contradictory seasonal runup?”
Yes, of course before writing my response I checked the chat. Here is a proof from the monthly chart in 2019 and 2020
In relation to your statement of
“The problem is this high is nowhere near that 26 high that got smashed to 14 in Oct 2021, the triple top annual high is only 22 this year and the Julyhigh even lower around 18.75 forget 26.00.”
if the IOP is US200+ then you will see the FMG SP >$26. It is obvious and trivial. So I don’t understand your arguments in this regard.
FMG Technical Analysis, page-8460
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |