FMG 1.54% $19.84 fortescue ltd

FMG Technical Analysis, page-8042

  1. 10,088 Posts.
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    Cheers mate,
    Back in Sept I called 19-22 on this run

    It may overshoot as IOP surprisingly gone back over 127 & IO & H sales will pickup

    today we see another green candle with 43c body, 0c neck 20c tail
    meaning the lows were swiped to daily high as the SHORTS are BURNING especially those short overnight and that 60c they made yesterday burnt to a crisp by a 50c reversal today

    Its at daily highs and breaking out past 20.00 yet again
    bullish move
    follows that golden cross on the DMAs in November

    My call of 19-22 has hit already in this Nov to Feb bull period.
    We need to see it consolidate over 20.00 for it to have a chance to fire at 26.00 prior double top.
    Yes I called that sell top of 26.00 spot on and also called the BUY 14.00 low spot on and also called the BUY at 4.00 way back now,

    If only I had invested on my own calls I would be worth $2M more now instead of on the bones of my a@@e

    Still I love to see -
    SHORTS BURNING BURNING BURNING.
    Last edited by tomboy: 07/01/22
 
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