FMG 1.67% $19.49 fortescue ltd

fmg and fe, page-1168

  1. 550 Posts.
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    Are you still short barkston? Must confess to having missed most of the drop from 7.20 after repeatedly bouncing in and out on the way up.

    As posted on other thread think this could be ripe for turn around. Not only bouncing off top of weekly trend channel support but diverging RSI bottom and also almost perfectly filed the measured move from the top at 7.20. Pattern fits for break and reversal of weekly bearish channel with requisite pull back. Strong break of 4.75 of course sees it head much lower.
    Last edited by Jezzamus: 11/05/17
 
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