This a TA breakout based on the IO price and massive FCF flowing into FMG coffers the last few months with IO above 70.
I called for months that 4.30 would be broken and then go to that 3 year prior support point of 4.65.
4.65 resistance here we come.
If that breaks I called a run to 5.30
I also stated for months that its a classic rebound pattern since the double lows and a breakout pattern since its held above 4.00.
Expect another BB launch this year of another $500M imho after the massive success of the first one
the SHORTS are BURNING!
This a TA breakout based on the IO price and massive FCF flowing...
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Last
$21.71 |
Change
-0.190(0.87%) |
Mkt cap ! $66.84B | |||
| Open | High | Low | Value | Volume |
| $21.77 | $21.80 | $21.34 | $408.6M | 18.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 289875 | $21.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.72 | 95078 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |