Interesting chart, if considered with the IOP chart here,
https://www.marketindex.com.au/iron-ore
We see Fmg lags IOP, consider july 2017 IOP high and then fmg high slightly after this.
Haven't looked at majors chart but might confirm place in queue,so to speak, following majors?
And it seems to me that fmg stayed relatively strong through following low, divy support policy working?
Could be?
FMG Technical Analysis, page-716
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Last
$16.13 |
Change
-0.070(0.43%) |
Mkt cap ! $49.66B | |||
| Open | High | Low | Value | Volume |
| $16.23 | $16.47 | $15.93 | $188.9M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3323 | $16.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.15 | 750 | 1 |
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| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |