Didn't fmg also bounced around this level that last occasion? It could not get to the next Resistance around the 2.45 from memory. Thus time there is no follow through from last week's reversal candle. Bears becoming more brazen or confident this time around. If I were looking for a short I would also be looking to attack the low if I smell price edging there.
The bear rallies are drawing in the rosy uninformed Bulls while the short term traders are picking off this group by buying low and selling strength.
Iron Ore Price, page-485
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Last
$21.68 |
Change
-0.180(0.82%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.64 | $14.08M | 646.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2495 | $21.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.68 | 1386 | 8 |
View Market Depth
| Last trade - 10.32am 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |