today a lower small green bar with lower open & 2c body & 3c tail and longer 4c wick.
same candle 2 days in a row.
Looks like yet another shooting star as the wick is longer than the body and double the tail length.
This means an unsupported rise got sold down by shorts
yet the daily chart looks like the monthly chart with lower open and rising again all day till close
shows a strong rise in morning, so not bearish
Monthly shows a zig zag again but on a rising incline
And the Sept 10 lows have moved into a rebound pattern on the annual chart
Every day above 4.00, it is in a new consolidating bull pattern that has broken the 3 year bear pattern.
IOP has cracked 70 convincingly, if it can hold FMG is making massive FCF weekly
The BB team is working hard, they still have $380M left to buy, the short held equity is depleting daily
4.30 is resistance that needs to be smashed.
BURN those SHORTS!
today a lower small green bar with lower open & 2c body & 3c...
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Last
$21.86 |
Change
0.070(0.32%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.95 | $22.35 | $21.71 | $192.6M | 8.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 705 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.88 | 1359 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |