It sharply rejected 5.00 though which to me signals this could drop down to the next ascending trend line for support at 4.60ish.
FWIW I closed my STT position after it failed to hold 4.89 today and it became resistance during the days trade. Still holding a fair few MT shares as I originally had over 70% invested in FMG at one point (that is unusual for me to hold so much of one share, to say the least).
Will need confirmation over the next few days. I think this will pullback though. It needs a breather here and cannot continue through strong resistance like this without some accumulation and a retest of support.
It sharply rejected 5.00 though which to me signals this could...
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 (20min delay)
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Last
$17.15 |
Change
0.330(1.96%) |
Mkt cap ! $53.26B | |||
| Open | High | Low | Value | Volume |
| $17.31 | $17.51 | $17.00 | $240.8M | 13.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6938 | $17.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.15 | 1484 | 8 |
View Market Depth
| Last trade - 14.29pm 16/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |