@batikit is right
MACDs are bearish and negative and now thats building even more
@sohoisnotforsale also called this bear trend
I was the first one to call this renewed bear trend/crackdown at $6 for several reasons.
just like I correctly called the top at $7.20 back in February when I called SELL at 6.50-7.50, A great call in hindsight.
Low and behold a lower red bar right now with 5c tail 2c body and 1c wick directing downwards after a red shooting star on the annual cliff face chart pattern. The shorts are eyeing $5.00 and they are winning right now. Next support levels are at 4.90/5.00 & 4.60/4.65
The cliff face is worrying and doesnt seem to have an end point yet.
Dividends are distributed, the baby you are holding is crying again. Danger ahead.
FMG Technical Analysis, page-151
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Last
$25.32 |
Change
-0.730(2.80%) |
Mkt cap ! $77.95B | |||
| Open | High | Low | Value | Volume |
| $25.73 | $25.73 | $25.31 | $100.9M | 3.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11282 | $25.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.45 | 12103 | 4 |
View Market Depth
| Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
$25.38 |
Change
-0.730 ( 2.72 %) |
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| Open | High | Low | Volume | ||
| $25.72 | $25.72 | $25.31 | 658322 | ||
| Last updated 15.59pm 01/05/2024 ? | |||||
| FMG (ASX) Chart |