FMG 0.65% $18.32 fortescue ltd

FMG Technical Analysis, page-4428

  1. 1,062 Posts.
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    Hi Col,

    I am with you... the last time I remember this type of price action was the day or days trading preceding the blending JV with Vale. as we all know that did not eventuate anyway...
    Takeover? ( unlikely)
    Acquisition? ( hmm)
    Market Euphoria?

    pure speculation on my part.
 
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