FMG is standing on the cliff edge and looking over. I, as a wee shortie, am standing on a ledge half way down shouting " JUMP BABY". While I'd like to think she will oblige, my three TA signal indicators are flashing the following:
1. RSI = 30.0. Interpretation: Extreme oversold
2. SOI = 12.4. Interpretation: Extreme oversold.
3. RSI = -15.1. Interpretation: Very oversold.
The intense shorting pressure suffered by FMG has created a situation where the spring is now so tightly coiled that the slightest catalyst could trigger a sudden and sharp SP rebound. My TA signal indicators are all warning me that there is a high probability that this may happen now. So yesterday pm I ran for the hills. covered my sounds and said hello to Harley. Can afford to fill up the gas tank now and will be gone until FMG has decided what she is going to do. Please DYOR.
FMG is standing on the cliff edge and looking over. I, as a wee...
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Last
$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |