Hi farlap,
Mongombolo is a seasoned trader IMO, I respect his views and sometimes I act on them.
I guess it's a matter of opinion and interpretation of data. There is no way in the world that I would suggest that the price WILL go up, or down for that matter. The charts suggest a probable course for the SP and it's a measured risk. Also, in addition to the charts, the current financing issues (albeit for the long term investment strategy) is weighing heavily on the SP. Once this is resolved, I think we will see real move northwards in the SP.
Personally, I'm accumulating, trading and holding FMG. All three at once. lol. I really don't think the we are far away from a leg upwards.
Please DYOR though.
Cheers.
Hi farlap,Mongombolo is a seasoned trader IMO, I respect his...
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Last
$21.57 |
Change
-0.190(0.87%) |
Mkt cap ! $66.41B | |||
| Open | High | Low | Value | Volume |
| $22.01 | $22.10 | $21.52 | $119.4M | 5.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 13058 | $21.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.58 | 11798 | 1 |
View Market Depth
| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |