Today is the high for the month/year, but FMG is poised at the 61.8% fib, which although bullish could spell a pullback.
Price broke above trendline resistance last Wednesday, tested it yesterday and bounced up today.
Also above the 50 day sma (yellow line)
But daily stochastic is overbought, and RSI at a level from which it usually retreats.
Could go back up to test the ascending lower trendline around $4.90 (close enough to the post GFC high/low 61.8% fib).
quarterly production report, page-14
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |