FMG 1.14% $18.18 fortescue ltd

hello In everyone you mean traders , punters, rush out .I beg to...

  1. 3,130 Posts.
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    hello
    In everyone you mean traders , punters, rush out .
    I beg to differ it's the investment house, superfunds ,
    hedgefunds that underpin the share price .
    The traders come and go everyday of late yet the volumes turned over and the price milestones hit are deeper than traders pockets here.
    Serious money here churning the stock over and over on the way up not down major positions been taken it really became really evedent at 1157 this week with the jump back up to 12.05 .
    This move here is heading to 13 plus next week any weakness is met with hard accumulation .
    I have been banging all week about Fmg even the headlines when first out yesterday re iron ore in trouble re China wasn't enough to stop today's movements, money big money has spoken today this is a bid buy on any weakness .
 
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Last
$18.18
Change
0.205(1.14%)
Mkt cap ! $55.89B
Open High Low Value Volume
$18.09 $18.19 $18.06 $36.32M 2.006M

Buyers (Bids)

No. Vol. Price($)
18 16631 $18.17
 

Sellers (Offers)

Price($) Vol. No.
$18.18 7004 13
View Market Depth
Last trade - 10.53am 26/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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