Yeah, have to agree. Although I think FMG is a quality stock and in my opinion also the current price may be cheap, I exited my position today as well, just because of the downward momentum. I believe another downward break could be imminent. There is some support for the XJO at 3900 points but a break will see sharea plunge lower including FMG.
I like FMG-story but I just think a better entry opportunity will arrive. If it gets closer to 2$ I am buying big time
My sentiment: ST sell but LT buy.... is that makes sens
next stop 2.20c, page-6
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |