Buy the dips, FMG is going higher. The candles making higher highs and riding the bollinger band will continue to drive the share price over the short term. More than a few brokers / instos under weight FMG being dragged back into this reversal.
Really like the daily setup for FMG, with the first stop on this bus at $5.00 and then $5.20 if it can maintain the rage into the year end. Like the MACD setup trending higher. Once it breaks the 0 line, it should accelerate nicely. Plenty of room to move for the RSI before we head in to 'over bought' territory. Stochastics trending nicely as well.
FMG - respected support, now for the grind higher, page-23
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 (20min delay)
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |