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?
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FMG
fortescue ltd
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0.06%
!
$16.34

fmg at key level. take profits or short., page-7
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Last
$16.34 |
Change
0.010(0.06%) |
Mkt cap ! $50.31B |
Open | High | Low | Value | Volume |
$16.35 | $16.49 | $16.31 | $52.67M | 3.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 76274 | $16.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.37 | 16100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 76274 | 16.340 |
2 | 25656 | 16.330 |
5 | 4925 | 16.320 |
3 | 26721 | 16.310 |
21 | 27129 | 16.300 |
Price($) | Vol. | No. |
---|---|---|
16.370 | 15000 | 1 |
16.380 | 67 | 1 |
16.390 | 14762 | 6 |
16.400 | 42399 | 12 |
16.410 | 3240 | 3 |
Last trade - 16.13pm 07/07/2025 (20 minute delay) ? |
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AGC
AUSTRALIAN GOLD AND COPPER LTD
Glen Diemar, MD
Glen Diemar
MD
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