well well well
its a whopping -150c lower than my last post
that 200c crash yesterday I was warning of many many many times.
The CLIFF FACE continuation pattern, but now a ledge has been found around 18.40.
My call of 17.50-19.50 gapdown danger I just recently mentioned was SPOT ON.
Today sits as a DOJI type higher candle with long tail 42c
the daily chart was a V shape crackdown whipsaw
its now trolling near daily highs at close
Looks like support has been found at 18.00 -18.50
3 year lows, 2023 lows of 19.00 beaten down
My ridiculed bear call back in Jan of 20-22 was exceeded to 18.50, wow.
BEAR SEASON still in play, FMG is again volatile as it used to be in the early 2005-2009, 2013 & 2021
BUY ZONE may be arriving or in it now imho
the candle reversal today was impressive
the long tail & SHORT ATTACK at 18.00 was rejected
BULL TRAP SPRUNG YET AGAIN!
yes I was SPOT ON !
SHORTS are hurt & losing today. Overnights shorts lost 60c, daily shorts lost 10c-20c, a wake up call after 6 weeks of short bonanza gains (longs losses) 29-19.
a whopping $10 drop down from 29 Jan highs that I called SPOT ON.
Some brave souls might risk buying at these 3 year lows for that 1 month ST trade and flip
18.50-22.50 nice gainer perhaps +400c
If SHORTS cant collapse it below 18.40 again & it recovers back above 20.00 next 7 days we may see that DCB to 24 I called in the usual August fake bounce.
BEAR TRAP is forming, BUYZONE glimpsed, TA reversing, wait for confirmation nex 7 days,
SHORTS are burning today forced to cover to daily highs,
Change my sentiment to HOLD now.
BURN them SHORTS, BURN !
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well well well its a whopping -150c lower than my last post that...
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Last
$18.87 |
Change
0.590(3.23%) |
Mkt cap ! $58.10B |
Open | High | Low | Value | Volume |
$18.86 | $18.90 | $18.44 | $375.1M | 19.96M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 900 | $18.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.88 | 3586 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 900 | 18.860 |
1 | 33 | 18.800 |
1 | 969 | 18.790 |
2 | 412 | 18.760 |
20 | 17103 | 18.750 |
Price($) | Vol. | No. |
---|---|---|
18.880 | 3586 | 4 |
18.890 | 9058 | 9 |
18.900 | 36211 | 15 |
18.910 | 9764 | 2 |
18.930 | 4444 | 2 |
Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
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