Gees the massive selling that is underway signals to me a very bearish chart. With iron ore prices predicted to drop further I feel we will see a FMG share price below $3. Fingers crossed we do not see a iron price of sub $90 otherwise things will get very chilly. Hold on for the ride but I feel we will see a $2 in front of the price before we see a $5 again.
sub $3 on the cards
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Last
$20.34 |
Change
0.195(0.97%) |
Mkt cap ! $62.67B | |||
| Open | High | Low | Value | Volume |
| $20.41 | $20.76 | $20.26 | $120.5M | 5.852M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 914 | $20.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.34 | 5330 | 24 |
View Market Depth
| Last trade - 14.40pm 26/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |