last years peak was 26.00 on 26 July then a collapse to 14.00 in October
This year peak of 26 July is 19.00 some $7 lower than last years peak.
The bearzone bottom could be around 9-12 on this maths if history repeats to the same degree.
Last year it was 14.00 bottom but dropped a whopping $12, I cant see that this year but who knows?
so the bear season starts on Monday 1 August carrying on till 1 November as it has for 3 years in a row now.
I will wait till 1 November & see where the bottom settles at this year.
I expect a bad crash in Sept Oct this year right before the Euro frozen winter depression & the November US elections with 10% inflation hitting hard globally.
FMG will follow the market lower imho.
Rather not buy before a crash sorry.
SHORTS are rubbing their hands in glee.
last years peak was 26.00 on 26 July then a collapse to 14.00 in...
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Last
$20.17 |
Change
0.030(0.15%) |
Mkt cap ! $62.10B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $20.01 | $71.67M | 3.543M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 7510 | $20.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.17 | 574 | 2 |
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| Last trade - 13.16pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |