FMG 2.57% $26.32 fortescue ltd

Technical damage done in last hour of trade.that drop to 15.87...

  1. 9,615 Posts.
    lightbulb Created with Sketch. 4170
    Technical damage done in last hour of trade.
    that drop to 15.87 from 15.99 cut the green bar to 2c from 14c, so looks like a lower doji now with long 23c tail still & longer head of 16c.

    the intraday U recovery became an S shape & recommenced that monthly shoulder toward 14.00.
    unless we see the 16-16.30 reconnection soon, we might see TA damage & shorts in control

    clearly some big boys are fighting the downtrend, if they join the shorts, then that shoulder could go sharply lower despite the FA & high divy yields

    burn those shorts!
    Last edited by tomboy: 23/09/20
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$26.32
Change
0.660(2.57%)
Mkt cap ! $81.03B
Open High Low Value Volume
$25.92 $26.32 $25.83 $102.7M 3.931M

Buyers (Bids)

No. Vol. Price($)
2 5850 $26.22
 

Sellers (Offers)

Price($) Vol. No.
$26.32 12010 3
View Market Depth
Last trade - 16.10pm 06/05/2024 (20 minute delay) ?
Last
$26.19
  Change
0.660 ( 1.76 %)
Open High Low Volume
$25.92 $26.29 $25.84 1287651
Last updated 15.59pm 06/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.