Now its dropped away as expected and I warned you all of hours ago:-
"expect another few smash downs all day as these Insto shorters play with the bad news to make Friday drinks money off you dumb retailers."
Its a lower red doji now with 7c wick and 4c tail sitting a whopping 25c lower than yesterdays VWAP
Looks like another shooting star pattern just like a few days ago that i said was majority bearish pattern.
Looks headed to 4.70 short term to complete the rounding top pattern, if it goes below that then its confirmation of the continued 4 month bear trend since February. I have said before that it may bottom at 3.00-4.50 so im still waiting to August. The euphoria has died and the shorters are killing you retailers yet again.
FRIDAY DRINKS!
on our beloved bank shareholders in their CBD towers!
They are laughing all the way to the pub.
FMG Technical Analysis, page-41
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Last
$21.77 |
Change
-0.020(0.09%) |
Mkt cap ! $67.24B | |||
| Open | High | Low | Value | Volume |
| $21.95 | $22.35 | $21.73 | $136.8M | 6.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 5746 | $21.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 2580 | 10 |
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| Last trade - 14.41pm 19/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |