FMG 0.33% $18.21 fortescue ltd

china september copper imports?, page-29

  1. 7,728 Posts.
    Radicalvin,

    Yep, there's a gap there, and BHP also left one behind yesterday --- all because of bullish moves up.

    Any short-term weakness and it's quickly filled.

    FMG has passed that next level of resistance I mentioned at $4.10, and sits under the next at $4.35...

    Hopefully the $4.10 now becomes support.

    Incidently, technically there is no gap in the price, as it's been covered several times up and down before. So if we fly to new highs, there's no compunction to revisit down to fill that gap :)
 
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