FMG 0.45% $22.10 fortescue ltd

falling share price, page-21

  1. 838 Posts.
    I understand that people are sensitive.Im not trying to downramp.Im only looking at logical levels on fmg chart and using tech anal to suggest what may/maynot happen.
    I think people should hear all sides and assess themselves but also be prepared should the worst happen.
    I have said before that I like FMG and think it has value but the trend is down and people need to be aware of possibilities.
    As an equities investor people should not be emotional (although hard not to be) and trade accordingly.
    Some may sell,some may buy ,some may wait and buy more lower.
    It seems to me there are many logical discussions here re Cina etc still being around and growing in the years ahead,but I think things usually get pretty bad before they get better and my charts reflect this possibility.
    DYOR
 
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