In samboys lingo thats -
a higher green bar with 4c body & 2c tail and 3c wick
Again cracking out of this range supported by stronger IOP gone to 70.
Dec/Jan are seasonally bullish for FMG SP, usually annual highs in Late Jan/mid Feb
So should see a break to 4.30-4.65 and has to break above 4.65 by end jan to reconnect its former annual lows and create support there. Cant see $500M BB being for nothing.
If not may see that $500M being doubled up again next year to deplete short holders equity.
FMG should be at 6.00+ on fundamentals right now
The shorters are going to BURN..
BURN THEM SHORTS
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In samboys lingo thats - a higher green bar with 4c body & 2c...
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B |
Open | High | Low | Value | Volume |
$17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 300 | $17.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.35 | 28897 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 300 | 17.330 |
3 | 1302 | 17.310 |
4 | 4250 | 17.300 |
2 | 2522 | 17.290 |
2 | 1080 | 17.280 |
Price($) | Vol. | No. |
---|---|---|
17.350 | 27484 | 2 |
17.380 | 1000 | 1 |
17.450 | 500 | 1 |
17.480 | 1000 | 1 |
17.500 | 3081 | 3 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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FMG (ASX) Chart |