Resistance level at 5.82 was technically broken a few sessions back. In achieving this the SP exerted a lot of energy and got (is still) overbought. It is now pulling back trying to get its breath back.
There is a gap at 5.14 but I don't know if it's realistic that it will get that low anytime soon. However a visit back to the 30's would present a decent risk/reward to enter a new long position here.
fmg and fe, page-1775
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |