ASX stock Analysis FMG

ASX stock Analysis FMG

Time Frame : Daily Chart

Watching for Buy Entry Setup

FMG is holding higher levels as buyers build and price action comes to a points of agreement where we would expect to see the action heat up. Price is holding just below resistance at 24.00 so we want to see lows rejected and a higher low for a break up and put to new highs.

Stock : ASX stock FMG

Current Price : 23.63

Status : On watch for a move above 25.00