shorts from 4.20 -4.30 are burning badly and have covered this losing trade looks like.
looks like the low was April 6 and now rebounding out toward 4.65.
4.65 reconnected and may act as support as it has for the last 3 years unless it now acts as resistance.
Still not out of the woods 4.30-4.65 low range
The usual FMG rebound up maybe in swing but still a long 4-8 weeks to go for the seasonal low points of mid may/june.
Maybe the market is grading it up the longer FMG doesnt counterbid for AGO. If it did bid back to 4.30 imho but long term it secures 3rd spot by miles and can expand & diversify more.
FMG Technical Analysis, page-807
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Last
$22.62 |
Change
0.000(0.00%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | $22.75 | $22.26 | $6.315M | 277.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1630 | $23.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.49 | 4745 | 4 |
View Market Depth
| Last trade - 09.43am 05/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
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