@rcman
I don't usually follow the ins & outs of FMG but compared to BHP/RIO/CIA, clearly something is happening with these big holders with today's speculation that The Capital Group was the seller. This is either the last remaining panic bulls getting out at the bottom or just the start of the collapse in China economically!
ST, the SGX IO futures are not looking good, breaking the psy $100 level including the trendline. FMG has broken the LT TL from 2018 with this gap down. Unfortunately, while the panic selling continues, I don't consider this a buying opportunity yet! I hope I am wrong!
edit- I hold stock but most paper gain was wiped out when the chart was telling me to sell near the top but I wanted to hold it LT! Bugger.
Iron ore price, page-53299
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Last
$18.42 |
Change
-1.930(9.48%) |
Mkt cap ! $56.89B | |||
| Open | High | Low | Value | Volume |
| $18.59 | $18.68 | $18.40 | $378.1M | 20.39M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 56 | 45332 | $18.41 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.43 | 49039 | 44 |
View Market Depth
| Last trade - 15.00pm 30/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |