FMG 0.34% $17.43 fortescue ltd

FMG Technical Analysis, page-6536

  1. SSA
    708 Posts.
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    missed by $1.07. got to 18.87, didn't it? I got laughed at when I made the call in the 25s and 24s. i remain bearish.

    I expect the inclining trend line from 22 March to be broken next week or early the week after.

    post this an attempt at crossing the declining trendline from 8 January and maybe an attempt to close the gap (around the $24 area) maybe even a double top.

    I do not expect to see a new all time high this year.

    imo only. this forum is for opinions either for or against.
 
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