FMG 2.63% $21.82 fortescue ltd

FMG Technical Analysis, page-108

  1. 1,221 Posts.
    lightbulb Created with Sketch. 78
    I predict the SP to open at 5.70
    It will test 5.66 resistance
    It will close at 5.78 today.
    The reason for my view is as follows
    Shorter s dropped the sp by 4c yesterday at the close.
    If the io spot price drops it's good for FMG. High cost producers will stop supplying io. fMG supply more quantity with lower profit.
    Dalian will increase after 11.00 am
    Good luck.
 
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Last
$21.82
Change
-0.590(2.63%)
Mkt cap ! $67.18B
Open High Low Value Volume
$22.18 $22.19 $21.80 $110.2M 5.031M

Buyers (Bids)

No. Vol. Price($)
6 11208 $21.81
 

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Price($) Vol. No.
$21.82 8653 1
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Last trade - 16.10pm 08/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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