If we hold here it is mega bullish. 1.03 is a 38% retrace of the rise from 80 to 117. Yesterdays low at 98.5 was the 50%.
Usually if the 38% retrace holds, you can expect a retest of the top, and conversely, if it is the 50% that holds you look for a bounce to the 23.6% which is at 1.09.
Either way this is a profit taking correction on a rising market.
Of course new news can fundamentally change things.
Just sharing my technicals. Don't shoot the messager!
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If we hold here it is mega bullish. 1.03 is a 38% retrace of the...
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Last
84.5¢ |
Change
0.020(2.42%) |
Mkt cap ! $406.1M |
Open | High | Low | Value | Volume |
81.5¢ | 84.5¢ | 81.3¢ | $955.3K | 1.154M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2646 | 83.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 596 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32500 | 0.825 |
1 | 33333 | 0.820 |
2 | 18000 | 0.810 |
1 | 40000 | 0.805 |
4 | 94750 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 25000 | 1 |
0.855 | 10000 | 1 |
0.860 | 4500 | 1 |
0.865 | 20000 | 1 |
0.870 | 50000 | 1 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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FFM (ASX) Chart |