OK bullish close after the usual false start pattern
Mainly driven by the rising IO price Dalian 480 to 496 to 487 yuan up 2% to $71UST but sharp drop away at end.
A hold above 5.20-5.30 is at the plateau of the rounding top pattern and break the prior interim top at 5.37, so must hold and break out of this pattern to show a reversal of the bear trend and confirm a bull trend since 26 June rather than a rounding top false rise pattern in a 6 month bear trend thus far.
Note- last time IOP was at $71 FMG SP was $6.20 but its $5.20 instead a whole $1 less. So either the market doesnt believe this will stay here and is a false rise or FMG has disconnected from the IO price on some other reasons such as large short interest.
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Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B |
Open | High | Low | Value | Volume |
$16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 3323 | $16.13 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.15 | 750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 3323 | 16.130 |
1 | 30059 | 16.120 |
7 | 2536 | 16.100 |
4 | 15849 | 16.090 |
5 | 3545 | 16.080 |
Price($) | Vol. | No. |
---|---|---|
16.150 | 750 | 1 |
16.160 | 2500 | 1 |
16.180 | 24718 | 4 |
16.190 | 3109 | 1 |
16.200 | 31601 | 5 |
Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
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