Samboy, you are over analyses TA. Looking at day to day candle doesn't tell you anything. Have a look at the SP graph from late June and you will see a clear trend..... UP!
The daily up and down of FMG I see that with most of my other stocks as well.
SP is just consolidating around $6 mark, today was a gift to buy below $5.70.
SP goes down doesn't mean it's weak, it's just some garbage some people say when they have no idea why it goes down. Lately I have not seen a STRONGER SP action from FMG for the last 12 months, SP basically found a lot of support even when IO Future dropped more than 11% last week, in the past, SP would fall 15% by now, but we've seen SP barely moved after a week of heavy selling at IO Future.
The Banks/Funds are long FMG now, they will try to suck in as many share as they can below $6 before SP pop and run past $6.50. I see $6.50 more likely than $5.50.
DYOR.
Frank.
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Last
$25.59 |
Change
0.830(3.35%) |
Mkt cap ! $78.79B |
Open | High | Low | Value | Volume |
$25.09 | $25.59 | $24.82 | $182.9M | 7.212M |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 7000 | $25.55 |
Sellers (Offers)
Price($) | Vol. | No. |
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$25.59 | 108 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7000 | 25.550 |
1 | 10000 | 25.500 |
1 | 2000 | 25.480 |
1 | 29494 | 25.440 |
3 | 7570 | 25.430 |
Price($) | Vol. | No. |
---|---|---|
25.590 | 108 | 1 |
25.600 | 4796 | 6 |
25.610 | 11038 | 2 |
25.640 | 11038 | 1 |
25.650 | 1520 | 3 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$25.53 |
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Change
0.830 ( 2.88 %) |
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Open | High | Low | Volume | ||
$25.05 | $25.58 | $24.83 | 1579176 | ||
Last updated 15.59pm 26/04/2024 ? |
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FMG (ASX) Chart |