Oops, this is what I said yesterday at 3:17pm:
"Chinese Steel Market much quieter today, after 3 days of rally, Futures might take a breather today. FMG's SP still looking as strong as ever, once the big boys have enough under $6, it'll pop to the mid $6s."
First part came true last night, after a quiet day at Chinese Steel Market, Tangshan Billet down 60 yuan at the end of the day, and IO future took a breather last night. The gap is filled at 572 yuan, we should see a bounce in future today. A pullback is normal and healthy. So this information is useless according to our masetro Tho. Learn and respect.
Now the 2nd part about SP going past $6. Let see if the Market ignoe the IO future and blast past $6 today. Let's hope so.
DYOR.
Frank.
Oops, this is what I said yesterday at 3:17pm: "Chinese Steel...
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Last
$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |