insaf, as i mentioned during the week while others were talking bearish on the charts i spotted the cup and handle, and as you see the down days with decreasing volume in the handle part of it (text book), now to break out of that handle i think its 6.68 from memory if so then around the 7.50 mark comes into play.
If the hedge fund don't throw everything at it to keep it below the handle then we will fly on Monday and hopefully Capital group ease up on the selling.
Iron Ore Price, page-18601
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Last
$18.31 |
Change
0.340(1.89%) |
Mkt cap ! $56.37B | |||
| Open | High | Low | Value | Volume |
| $18.09 | $18.32 | $18.06 | $115.9M | 6.367M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 273 | $18.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.32 | 9260 | 4 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |