Strong arvo recovery
impressive higher red candle again with higher open and 8c body 3c wick and longer 11c tail
looks like a semi-dragonfly hammer to me
The tail was bought up and daily lows showed strong buying support.
Daily chart an V rebound pattern
Monthly charts are sideways since 24 August, a beaut V V V V bottoming pattern well above 4 year lows of 3.60 and now sitting at 4.00 channel support on close
Looks like the BB team waited for the shorts to pile in then smashed them up all arvo.
technicals looking good for a rebound to 4.30-4.65 going to Dec.
The more buybacks and less shares on issue, the higher the PE ratio, the higher the future dividends and higher the yield and the lower the expense spent on them. The BB team is smashing these shorts daily. Genius move.
shorts are in a trap. Should be at 6.00 imho
Strong arvo recovery impressive higher red candle again with...
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Last
$21.76 |
Change
0.350(1.63%) |
Mkt cap ! $66.99B | |||
| Open | High | Low | Value | Volume |
| $21.49 | $21.76 | $21.32 | $97.85M | 4.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1380 | $21.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 28571 | 3 |
View Market Depth
| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |