many long red bearish candles appearing,
some clearly trying to offload large volume at daily highs which are getting snapped back daily.
..
My top call of 26.00 spot on so far.
I then said early Jan take the money toombs, top is in & 23.50 must hold or down to 21.50 or 22.50.
We have now seen 21.50 hold twice on the downside & 22.50 or 23.50 were surprisingly not support at all.
FMG is one of the highest shorted stocks on ASX historically, expect Chanos and yankee hedgie crew to be getting involved yet again.
Some INSTOs joining them looks like softly exiting as has Hunan Valin. IOP not helping at all
Im sorry to tell you, but looking like a bull trap..
.
FMG Technical Analysis, page-6224
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Last
$23.21 |
Change
-0.210(0.90%) |
Mkt cap ! $71.24B | |||
| Open | High | Low | Value | Volume |
| $23.46 | $23.49 | $23.04 | $59.40M | 2.547M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4957 | $23.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.22 | 10063 | 13 |
View Market Depth
| Last trade - 15.10pm 14/06/2024 (20 minute delay) ? |
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Last
$23.22 |
Change
-0.210 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $23.47 | $23.49 | $23.04 | 669973 | ||
| Last updated 15.31pm 14/06/2024 ? | |||||
| FMG (ASX) Chart |