FMG 2.15% $18.49 fortescue ltd

KokowasomSometimes its best to wait taking positions in hot...

  1. 9,861 Posts.
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    Kokowasom
    Sometimes its best to wait taking positions in hot stocks, and thats coming from someone who is LONG FMG.
    Over time i have shown places to take positions or to add to them , i guess what im saying i wouldnt be adding at the moment but that doesnt mean i reckon it will go down.
    FMG is proabbly still proving itself in the fundamental stakes so u need to be wary of that - however the proven record to production is enough proof that me ol mate's here to stay for a little whilee yet.
    When a stock is growing - i just like them to have heaps of reserves, a go getter running the show , and some dollars coming in. I then rely on the chart for the rest.

    Longer term there is potential but im not sure when the next entry is, as we just had one about 9 days at 950, which was mentioned here.
 
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Last
$18.49
Change
0.390(2.15%)
Mkt cap ! $56.93B
Open High Low Value Volume
$18.32 $18.62 $17.94 $159.1M 8.651M

Buyers (Bids)

No. Vol. Price($)
2 150 $18.46
 

Sellers (Offers)

Price($) Vol. No.
$18.50 4305 5
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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