FMG Technical Analysis, page-2653

FMG dipped a little over the 78.6 on it's bull run up.
FMG closed Friday on one of the more signifncant horizontals. However I expect this to give way on Monday, in which case if it does the only next stop is the 23.6 fib level @ $5.66/67 - This also coincides with the long-term 61.8 fib at the same price.

If FMG is super-bullish it should rally off this target and retest $6.33 and likely push further.

If a genuine bullish pull back is required then the short-term 38.2% fib ($5.26) is the best target, which is also the longterm 50% fib.

There's some very clear price targets if we keep selling down on Monday. Since 99% of people on HC appear to be bulls, these targets may be useful top-up points.

Alternatively, everything I just posted could very well be useless if this bull run isn't over and we keep shooting for $7.
If we do hit $7, then I'll just rechart it.