Last 3 years the start of chinese new year shutdown led to FMG SHORT ATTACKS & a DCB dead cat bounce high in Feb then a run to lows ex divy
the chinese control IO buying market just like Au Ni Cu
they are absent in buying so historically the annual bear run starts around now.
those on margins or high debt, its time to cash up & go free carry imho.
95% same patterns last 3 years.
dont believe the hype
FMG is a heavily shorted trading stock controlled by INSTOs
SHORTS can be lethal here, i know they burnt me twice, hence why i h@te them.
they are ever present
dont be fooled,
trading rule 3
sell on the way down, preserve capital, no one went bust taking profits, the colour of money is green, it doesnt love you back
FMG Technical Analysis, page-8965
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |