its at the 4.65 support I called when it was at $6 & $7 and called sell and was laughed at but no one is laughing now.
Looks like again the 4.65 support is holding at annual lows and the $5.00 reversal was unexpected back to the lows but gives the Instos another bundle of cheap shares for the divvy run period from now to Feb as usual with FMG.
3 bounces off 4.65 support.
accumulation time for the next divvy for some of the whales yet again.
Cant see 4.65 cracking but I did call 4.00-4.65 annual lows before so its hit the top of this range but seen as strong support by me now.
Watch the MACDs
The cliff face pattern has flatlined to an up and down wave pattern at the annual lows. So shorts cant seem to break this level many times over the last 14 months and likely will give in.
Time to change into the green longjohns again.
FMG Chart, page-6
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |