FMG 2.07% $21.26 fortescue ltd

FMG Technical Analysis, page-7927

  1. 9,751 Posts.
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    IOP rocketed up in morning a bullish signal for FMG SP today.

    And yet another higher green candle today on another higher open
    24c green body 12c neck 5c tail
    meaning the higher open kept going higher all day & daily highs were cut last hour
    similar candle to yesterday except the tail is 3 times smaller
    meaning the daily lows were near the open and the overnight shorts smashed to smithereens

    Another morning open terrifying for the shorts but they are trying here to short around 18.70 in arvo.
    They are losing wealth massively
    A run to 19.00 that I called looks like will hit in days let alone by February & this will smash them and force them to go LONG & higher imho

    Shorts are in big trouble here, margins since 26 are evaporating fast and they are covering fast.
    Dont know why they have tried to short here sub 19, they could have waited till 22 in Feb-May and then had a good go, but then again if you cant read or write or do primary school maths like them using other peoples shares then who cares as losing $1M a day its not your money right?!

    It should be illegal to sell other peoples shares using other peoples money imho.

    I have called 19-22 by February
    IOP back near 110 will help as will booming IO production & booming H sales

    Nov to Feb has seen a 35%-55% rise SP last 2 years, i stated months ago I expect the same this year.

    SHORTS are BURNING,
    BURN THEM ALL!

    Last edited by tomboy: 14/12/21
 
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Last
$21.26
Change
-0.450(2.07%)
Mkt cap ! $65.45B
Open High Low Value Volume
$21.70 $21.70 $21.02 $145.2M 6.814M

Buyers (Bids)

No. Vol. Price($)
1 9760 $21.26
 

Sellers (Offers)

Price($) Vol. No.
$21.27 7866 4
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Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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