YEP I was SPOT ON AGAIN !
FMG now under 24.70
again another red candle -28c red body
again another lower open -22c
another long tail longer than the neck -56c v +16c
another close below the prior low closes of 22 March & 5 april
another false start daily chart in L shape pattern
another breakdown under 24.80
that 24.04 daily low is very worrying.
lower lows and lower highs pattern formed again
SHORTS in charge and eyeing off 23.50 again but even worse they want 20-22 imho.
and theyve got a whole 6 months to zigzag it to down there like they have the last 5 years in a row.
Capitulation margin calls being hit looks like on downside, they know where you are buddy, they can see the screen, and your broker is likely working against you too.
These irrational exuberrants on here wont let you hear the reality as they likely sell their shorts to you while stock drops they talk you up, many on here are like this. Dont trust these vociferous rampers. Over 25 years seen these talker guys take us all down the tubes.
The illustrious INSTOs in the top 20 are not your friends either, those INSTOS will SHORT this down if it cant go up. The piper must be paid one way or another.
SHORTS are signalling the dropdown.
TAKE HEED, TA is objective, it don't lie.
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YEP I was SPOT ON AGAIN ! FMG now under 24.70 again another red...
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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. |
---|---|---|
$19.54 | 6420 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 19.520 |
1 | 1000 | 19.500 |
3 | 7100 | 19.490 |
1 | 2000 | 19.460 |
3 | 2150 | 19.450 |
Price($) | Vol. | No. |
---|---|---|
19.550 | 2864 | 2 |
19.570 | 2257 | 1 |
19.580 | 5742 | 2 |
19.650 | 147 | 1 |
19.700 | 3000 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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FMG (ASX) Chart |