FMG 1.44% $21.21 fortescue ltd

FMG Technical Analysis, page-10314

  1. 9,789 Posts.
    lightbulb Created with Sketch. 4227
    another reversal candle with 41c green body no neck
    opened higher and kept going up closing at daily highs bullish candle formed but closed below fridays bearish close, so still not convincing
    and that SHORT attack at lunchtime drove it from 2130 to 2103 before the arvo run up.
    daily chart a zigzag lows to highs

    annual chart is looking like a zigzag 19-23-19-23-20-22

    SHORTS worked on this friday and monday and today at lunchtime.
    What will the SHORTS do now
    31 October still 7 days to go for last years annual low of 14.70
    We are way above that, but last year a 250c drop in the days prior to the low.

    Will history repeat itself or not?
    Looks like not.
 
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Last
$21.21
Change
-0.310(1.44%)
Mkt cap ! $65.30B
Open High Low Value Volume
$21.60 $21.64 $21.15 $128.2M 6.026M

Buyers (Bids)

No. Vol. Price($)
2 3190 $21.20
 

Sellers (Offers)

Price($) Vol. No.
$21.22 1058 2
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Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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