today a green reversal candle at annual lows
14c green body 2c neck 21 c tail
meaning a hammer type candle at lows
yet another bullish reversal candle
last time 14.90 area held and reconnected to 15-16 but now lower
In Jan I called a rundown to 15-17, this overshoot looks done imho.
I called the BIG SHORT from 26 to 15 SPOT ON.
Now I am trying to call the bottom and the retrace of the bull run back up.
Monthly chart shows a ledge formed 14.70-15.70 area. This needs to hold for the bulls.
Sept/Oct seasonal corrections already in play, will there be another one?
With all those $5B in FMG divys paid next few days, this could rebound fast.
They need that BB team back on it, use that $6B cash to BB shares at annual lows, why are they waiting?
BUYBACK NOW!
BURN THE SHORTS.
FMG Technical Analysis, page-7329
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |