boom boom
another green candle & short squeeze, 4-5 in a row
since 15 march low of 17 its gone straight up
identical to last year 22 march low
last year 26 July high
the higher open boomed up and kept going, now near daily highs
SHORTS ARE BURNING!
been burning for 2 weeks now.
IOP at 160 is BULLISH for FMG SP FCF divies
May is nearing so can get bearish so lets see if this 22.50 shows resistance again
My call of move back to 19-22 SPOT ON so far.
My call of 14 lows petered out at 17 but its reversed.
Now I think 22-23 looks the target price for this run but we will see.
In the meantime,
BURN THEM SHORTS BURN!
FMG Technical Analysis, page-8297
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Last
$17.34 |
Change
0.520(3.09%) |
Mkt cap ! $53.38B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $309.6M | 17.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $17.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 28897 | 5 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |