FMG 1.62% $21.92 fortescue ltd

FMG Technical Analysis, page-7086

  1. 46,595 Posts.
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    Tenuous grip on support but very bearish looking chart - as highlighted in my prevoius chart dropping so far below the 200 day moving average is a concern - 50 & 200 death cross is getting close.

    Needless to say it has to start putting in a series of higher highs and higher lows or lower targets come on to the radar.


    fmg.PNG
 
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