FMG 2.57% $21.84 fortescue ltd

it seems a large short squared their position yesterday, todays...

  1. 960 Posts.
    it seems a large short squared their position yesterday, todays asx reported short position has fallen overnite from over 11 mio shares to 5.2 mio shares,maybe we have seen a bottom here at 7-50 area,other shorts may follow now and buy back, maybe yesterdays panic in resources was the final capitulation of longs,any thoughts guys?
 
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Last
$21.84
Change
-0.575(2.57%)
Mkt cap ! $67.52B
Open High Low Value Volume
$22.18 $22.19 $21.80 $81.23M 3.700M

Buyers (Bids)

No. Vol. Price($)
15 16771 $21.83
 

Sellers (Offers)

Price($) Vol. No.
$21.84 5823 26
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Last trade - 15.58pm 08/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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