this is my first chart so i hope it works, anyways to me it looks like FMG broke out of an ascending triangle, running up, then coming back down to settle.
The old resistance line should now act as support, which to me looks to have held the last few days.
From here i think the uptrend should continue, with the old resistance acting as support.
Targets will obviously depend on your time frame, Also I doubt very much this support will hold if the US and world markets continue there slide, but hopefully a few good days will see us bounce off support
I entered today at 446
[URL=http://img300.imageshack.us/i/fmgax30jul09to04apr10.png/][/URL]
strong buy side, page-2
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Last
$19.09 |
Change
-0.130(0.68%) |
Mkt cap ! $58.77B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.37 | $19.04 | $94.37M | 4.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59011 | $19.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.10 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |