Another solid higher green bar with 4c body & 5c tail no wick
Closed on daily highs yet again.
4.26 is nearing the 4.30 pivot I called months ago (70c retrace point)
$.30-4.65 should be where the real test will come for this rebound run.
4.30 area needs to hold for 4 weeks to break the bear trend channel of the last 2 years
These 70c rebounds and suckers rallys that then go lower below the 70c start point have been frustrating the bulls for 2 years now.
Surely this is it,
Need to see a strong smash of 4.30 toward 4.65, may get trapped here, which would also be a bullish ledge formation as its continuation breaks the 2 year bear run
Any TA views @rcman ?
BB team is buying up cheap up to 4.30
But looks like they are targeting the shorters daily antics and forcing intraday covering hitting their stops daily. Clever from the BB team.
FMG shouldnt be anywhere below $5.00 on fundamentals compared to its peers on the current IOP and AISC and FCF generation imho.
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B |
Open | High | Low | Value | Volume |
$19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 4673 | $19.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.76 | 31740 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 19.730 |
1 | 1000 | 19.700 |
1 | 3000 | 19.680 |
2 | 1552 | 19.650 |
1 | 5000 | 19.630 |
Price($) | Vol. | No. |
---|---|---|
19.800 | 2133 | 2 |
19.830 | 750 | 2 |
19.850 | 150 | 1 |
19.870 | 2200 | 2 |
19.880 | 3834 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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FMG (ASX) Chart |