It looks like to me, it is an effect of the market in general, not specific to fmg. BHP and Rio also have bearish chart formations which means how the institutions feel about this sector... AUD losing 1c over the weekend, tells there's been a lot capital maneuvers going on.
Iron Ore Price, page-142
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Last
$18.31 |
Change
0.000(0.00%) |
Mkt cap ! $56.37B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 17950 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.39 | 47633 | 1 |
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| Last trade - 09.51am 27/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
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