The intraday surprise sharp whipsaw reversal 5.66 to 5.77 will now be met with a another new round of massive short selling attacks for another gift of 10c profit intraday as well
want to bet?
close around 5.65-5.75
Any close below 5.85 is very bearish as it completes a rounding top pattern from 22 August which we saw went from 5.50-5.85 back then so the retrace is now on on the TA metres of these shorting institutions many of whom are top 20 holders of FMG.
Lets sit and wait and watch the fight between david & goliath, normally goliath wins.
FMG Technical Analysis, page-85
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Last
$22.59 |
Change
0.110(0.49%) |
Mkt cap ! $69.55B | |||
| Open | High | Low | Value | Volume |
| $22.37 | $22.60 | $22.21 | $90.44M | 4.024M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2064 | $22.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.59 | 197 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |