Yep $5.37 yet again, the prior interim top on 23 May. Yet here we sit on it yet again.
Higher red bar 9c body 4c wick, the rise was sold into all day, the retailers were handing over money to the shorting Instos yet again.
the false start pattern all day yet again today smashed the rise from 5.40-5.49 with larger volume.
Yes its the shorters at work yet again.
Yet the IO price has moved up strongly today but FMG yet again ignored it.
Last time IO price was near 70, FMG SP was at $6+ so what the heck is wrong here?
This ledge of 5.20-5.37 has to hold past August to break the bear trend since 22 Feb and create a new bull trend chart. Im still waiting till August and a confirmation of reversal of bear trend & looks 65% there so far but not yet confirmed.
FMG Technical Analysis, page-31
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Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |