FMG 0.87% $21.71 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
$21.71
Change
-0.190(0.87%)
Mkt cap ! $66.84B
Open High Low Value Volume
$21.77 $21.80 $21.34 $408.6M 18.51M

Buyers (Bids)

No. Vol. Price($)
2 289875 $21.68
 

Sellers (Offers)

Price($) Vol. No.
$21.72 95078 4
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Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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