FMG 1.10% $19.76 fortescue ltd

FMG Technical Analysis, page-8059

  1. 1,459 Posts.
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    Personally, for this trade parcel I am looking for the gap close around $23 - $25.

    Strong uptrend which will hopefully continue, however my experience tells me when stocks run like this they always get a little reality check on quarterlies, so will plan an exit around the 25th Jan. Then, buy the dip and hold till just before Feb report and dividend rally.

    https://hotcopper.com.au/data/attachments/3964/3964016-dbbec8815e7cdd2bb20b424e09ae07dc.jpg
 
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