FMG 0.00% $24.12 fortescue ltd

Another red candle today Another lower open this time -53c lower...

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    Another red candle today
    Another lower open this time -53c lower than the prior close
    and kept going down into a -41c red lower body 9c neck long 26c tail

    SHORTS are loving this chart today and made ~40c today and now covering
    and the 2 green breakout candles reversed right on cue and 21.50 & 21.00 resistance smashed it lower
    now under 20.50 yet again that pivot that keeps resisting


    Market not liking the internal strife, the Forrest divorce, the H gas wastage, the Native title court cases that havent settled for years nor the junk bond debt $4.7B owed now to hawks UBS thats barely any been paid the last 5 years.

    That long red candle of 28 August and now this one are danger signs for BULLS
    20.00- 19.00 still the target for SHORTS as I called it last week

    SHORTS in charge again.
    BULL TRAP SPRUNG yet again.
 
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Last
$24.12
Change
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Mkt cap ! $74.26B
Open High Low Value Volume
0.0¢ $24.35 $23.96 $4.861M 172.7K

Buyers (Bids)

No. Vol. Price($)
3 11703 $26.53
 

Sellers (Offers)

Price($) Vol. No.
$21.71 3090 1
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Last trade - 09.58am 06/06/2024 (20 minute delay) ?
Last
$24.30
  Change
0.000 ( 1.26 %)
Open High Low Volume
$24.32 $24.36 $24.20 113081
Last updated 10.17am 06/06/2024 ?
FMG (ASX) Chart
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