Were you thinking of picking more at today's bargain basement prices? This is not what the sentiment at the beginning of the week when 2+ levels were anticipated. That 2.00 is acting as very strong resistance and taking the bearish trend into considerations I am not surprised. Now out comes the Yuan devaluation, the whole world sentiment has been turned upside down, continuation to Grexit fears all playing out except this time the fish is too big to ignore.
Now industrial production figures are down so I think there is more selling to come wholesale. Bargain everywhere and it requires the discipline to not use FOMO.
Iron Ore Price, page-1398
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |