I think you are right, since there is no correction oncoming from FMG, we must take 37.82 as right. I don't agree with your explanation but there's is some truth in it, it made me think. My explanation is lacking something as well.
I put my thinking cap on and by tomorrow I may have a total picture which is cohesive and makes sense from the broader perspective
Regarding shorters attack, FMG is not shorted much, SP is manipulated by people who have money and facilities.
I think you are right, since there is no correction oncoming...
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |