Hedge funds are absolute returners and are similar to roller coasters- they love going with the trends, sentiments, momentum and themes. They have hammered the stock price down- now they ready to close down their positions and swing the other way. Smart money would be shorting at high fives- shorting now is stupid, considering that investors are holding long and hedge funds will be closing out their positions and/or will be riding momentum upwards. Expect support to build around 3.50 and then push on to $4 levels in the next couple of months.
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Last
$18.60 |
Change
0.200(1.09%) |
Mkt cap ! $57.26B |
Open | High | Low | Value | Volume |
$18.40 | $18.68 | $18.34 | $157.0M | 8.476M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10105 | $18.59 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.60 | 17942 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10105 | 18.590 |
2 | 1750 | 18.550 |
2 | 30000 | 18.540 |
1 | 1154 | 18.530 |
2 | 167 | 18.520 |
Price($) | Vol. | No. |
---|---|---|
18.600 | 5850 | 5 |
18.610 | 18208 | 3 |
18.620 | 3000 | 2 |
18.630 | 9037 | 2 |
18.640 | 44240 | 4 |
Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
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FMG (ASX) Chart |