FMG 0.48% $24.66 fortescue ltd

Another red candle another close near daily lows another...

  1. 9,703 Posts.
    lightbulb Created with Sketch. 4185
    Another red candle
    another close near daily lows
    another unsupported long neck that got cutdown by SHORTS
    another false start pattern
    another breakdown below 26

    Its BEAR SEASON and still not looking good
    the dead cat bounces and zigzags are not bullish patterns imho.

    SHORTS looking to crack it down to 20-22 imho normally late May & early July & late Oct are the lows or annual lows

    BULL TRAP in play imho.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$24.66
Change
-0.120(0.48%)
Mkt cap ! $76.29B
Open High Low Value Volume
$24.77 $24.81 $24.63 $20.32M 808.3K

Buyers (Bids)

No. Vol. Price($)
12 1424 $24.66
 

Sellers (Offers)

Price($) Vol. No.
$24.68 2066 17
View Market Depth
Last trade - 10.12am 31/05/2024 (20 minute delay) ?
Last
$24.59
  Change
-0.120 ( 0.40 %)
Open High Low Volume
$24.78 $24.80 $24.52 220132
Last updated 10.32am 31/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.