FMG 2.15% $18.49 fortescue ltd

FMG Technical Analysis, page-2562

  1. 29,775 Posts.
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    My take, and I'd put it no higher than that, is that we have seen is breakaway gaps caused by
    news that has an impact on the share price.
    Not all gaps are filled if the reasons are good enough.
    Personally, I would prefer to not see gaps, but there are many examples where gaps have either never
    closed or have taken many years to close.
    Pity we don't know the motivation or the type of person buying.
    I.m.o. they don't have to be penny shares to buy and put in the bottom drawer.
    Probably think like that because of the type of person I am and because I would not class myself as a
    good trader. Others may make more than me for that reason, as I have so often said.
    Should anything go horribly wrong I would be searching any chart for a gap, to try and gauge
    worst case scenario.
    The view of just one person already holding these shares.
 
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Last
$18.49
Change
0.390(2.15%)
Mkt cap ! $56.93B
Open High Low Value Volume
$18.32 $18.62 $17.94 $159.1M 8.651M

Buyers (Bids)

No. Vol. Price($)
2 150 $18.46
 

Sellers (Offers)

Price($) Vol. No.
$18.50 4305 5
View Market Depth
Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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