Theres your TA confirmation.
Saw it a few days ago -
"4.87 close is right on the triple top point the last 4 weeks so either will drop back to 4.70s again or go up to 5.37 prior high and back down again or keep going up... Strong long green candle with 5c wick, breaking out of the 4.60-4.80 range of the last 4 weeks, a beautiful wave up from lows intraday totally opposite the false start shorting intraday chart patterns of the last few years"
We saw the last run to 5.37 get smashed back down to 4.70 again so expect 5.37 to be resistance like last time.
Waiting till end July for confirmation of the break of the bear trend since Feb which normally takes 6 months to change ~ August. Looks like a turning point but then you all thought that at 6.50 and 5.50 and here it is much lower.
FMG Technical Analysis, page-12
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |