1509 daily lows nowdown 32c on lower opensits as a lower red...

  1. 10,771 Posts.
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    1509 daily lows now

    down 32c on lower open
    sits as a lower red candle with -25c red body
    looks like a 1500 target now
    shorts in charge

    selling at 17 best decision for now
    Buyzone remains 14-16
    Wait for floor pattern & uptrend resumption imho

    Westig-

    bull season november
    buying on a bear trend is folly
    Why buy at 1550 when you might get 1420 later?
    Its a seasonal thing every year

    iop demand
    Im bullish LT but ST follow the trend
    Yes io needed for rebuilding but when will the guns fall silent?
    Todd claims WW3 already started 2023
    McGregor claims china eyeing a taiwan invasion after iran bombing, thats the biggest risk for fmg imho

    buffet
    Yes i agree, but fear is infectious
    Another apt cliche-
    The market can stay illogical longer than you can stay liquid

    falling knife
    its the chart that shows this, its the danger
    And i aint a kungfu karate kid mate
    And i don't think 99% of us who are rich older men on here are knife catching experts.
    Stick to what you're good at.

    trading rule 5
    dont be emotional or sentimental, be objective
    the colour of money is green & it doesn't love you back
    gravity can smash suns planets bones.
 
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(20min delay)
Last
$15.03
Change
-0.630(4.02%)
Mkt cap ! $46.27B
Open High Low Value Volume
$15.34 $15.38 $14.86 $198.6M 13.18M

Buyers (Bids)

No. Vol. Price($)
1 1480 $15.03
 

Sellers (Offers)

Price($) Vol. No.
$15.06 2000 1
View Market Depth
Last trade - 16.10pm 18/06/2025 (20 minute delay) ?
FMG (ASX) Chart
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