It would appear from where I sit that things are about to get rather ugly.
A steep correction was already on its way and it will be exacerbated by the virus, so all sectors ( apart from gold at this stage) will take a hit.
How ugly this gets will depend on the credit markets. if they begin to seize then it will be more than ugly.
When greed turns to fear, shit happens.
FMG Technical Analysis, page-4519
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$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |