Another red candle today
Another lower open this time -53c lower than the prior close
and kept going down into a -41c red lower body 9c neck long 26c tail
SHORTS are loving this chart today and made ~40c today and now covering
and the 2 green breakout candles reversed right on cue and 21.50 & 21.00 resistance smashed it lower
now under 20.50 yet again that pivot that keeps resisting
Market not liking the internal strife, the Forrest divorce, the H gas wastage, the Native title court cases that havent settled for years nor the junk bond debt $4.7B owed now to hawks UBS thats barely any been paid the last 5 years.
That long red candle of 28 August and now this one are danger signs for BULLS
20.00- 19.00 still the target for SHORTS as I called it last week
SHORTS in charge again.
BULL TRAP SPRUNG yet again.
FMG Technical Analysis, page-10082
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |