Hi fasttrade
update of this morning....seasonal trend still up for XMJ, the pull back i mentioned last week due for mid this week was only slight, not the 8840 as predicted.
US, EU looks like a rally set to go, our market will track sideways with banks heading lower and XMJ holding the market up
The traders room gave a buy this morning on FMG "buy break above $2.50"
ST: break of $2.50 target $2.66
MT: if this rally continues then $2.91 - $3.10
LT: if this is a correction it probably in a 4th wave before going lower, That 4th wave is probably best seen as targeting $2.87 to $3.56 the long term target is still $1.69 until it changes its personality.
iron ore price, page-1693
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Last
$21.21 |
Change
-0.310(1.44%) |
Mkt cap ! $65.30B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.64 | $21.15 | $128.2M | 6.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3190 | $21.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.22 | 1058 | 2 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |