here is a longer term chart...
you can see we gaped up above the $5 mark when crossing the downtrend line (resistance) earlier this week.
now we've hit a second point of resistance, provided from the highs in FEB...
the stock has bounced pretty hard, up from $4.80 level last week, so its pretty natural to have a bit of a pull back and gap fill. buy the rumor sell the news, standard trading really...
it will head south for a bit and then should turn around again eventually... if you believe in the company in the long term you shouldnt worry too much. maybe its possible you bought into a hot market?
fmg at key level. take profits or short., page-7
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |