It was interesting to watch the "cascading stop losses"at 10-10am after the market opened on Friday. Would have bought at $7-45 as the buyers came back into the market but am already fully invested in FMG.
This pattern usually indicates the bottom - as shorters and institutions buy back in.
I must admit I was surprised how low the price went - and as noted by Big E in a post a couple of days ago - there were some gaps that unexpectedly got filled on Friday.
Hopefully the market settles down next week or victimises another more deserving sector! I prefer British Racing Green over Ferrari Red!!
GLTH Kangaroo1
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B |
Open | High | Low | Value | Volume |
$20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | $20.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.15 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 20.140 |
8 | 4822 | 20.120 |
9 | 22766 | 20.110 |
43 | 51948 | 20.100 |
2 | 1300 | 20.090 |
Price($) | Vol. | No. |
---|---|---|
20.150 | 2500 | 1 |
20.200 | 3990 | 1 |
20.210 | 500 | 1 |
20.250 | 1123 | 2 |
20.270 | 2733 | 2 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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FMG (ASX) Chart |