FMG 0.83% $18.29 fortescue ltd

Iron ore price, page-7487

  1. 2,400 Posts.
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    you make all your money when you buy,only buy rising stocks,wait till the low and buy the rise-----algorithms factor everything in, chartist theorem,emotion,lowest perceived price, highest acceptance for price---I feel the same as you but is it real or have they driven the sp. to a painful base that might create downside acceptance, in reality its all cause and effect that creates response no response the algo has nothing to work with but will keep trying---I pegged the low before buying at 360c as a possibility but bought at 436c by averaging down prior to divvy---this has been a repetitive theme along with predicating upwards movement but selling through frustration only to see the target reached within days , weeks, or months I doubt anyone can reliably predict the absolute outcome so the algo pushes the sp and its average buy/sell cost to support a higher probability of a profitable outcome as long as there asre buyers and they have stock or capital this can continue till the market turns which can be spectaular in terms of speed seemingly intuitive sometimes they are ghosting but other times it is real------if we had reliable indicators we would unquestionably be wealthy and a few are-----so like me keep trying
 
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Last
$18.29
Change
0.150(0.83%)
Mkt cap ! $56.31B
Open High Low Value Volume
$18.14 $18.38 $18.02 $164.0M 9.002M

Buyers (Bids)

No. Vol. Price($)
2 10275 $18.26
 

Sellers (Offers)

Price($) Vol. No.
$18.30 2897 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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