FMG took out the April top, which many stocks have yet to do or may not even do.
I would have been very wary going long at that $5.44 level... yet it rose bullishly to $5.80... and that really rang alarm bells for me, especially with indicators overbought on the daily and weekly charts.
Weekly stochastic hasn't been this overbought for years ---not even at the $13 all time high.
Looks very much like an island reversal now, with that gap to be filled down.
FMG took out the April top, which many stocks have yet to do or...
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |