FMG 8.47% $16.20 fortescue ltd

FMG Technical Analysis, page-8129

  1. 9,937 Posts.
    lightbulb Created with Sketch. 4296
    Another long green candle
    looks like another few weeks to go
    SHORTS BURNING to a crisp.

    19-22 range hit easy as I called it from 14.00 last year

    I have said 22.00 is the resistance ie 21.50-22.50
    Last time on the way up & down it was too.

    A great run from 14.00 so far bu bullish Feb is not here yet.
    Last year it peaked first peak at 26.00 in early jan when I called the double top but retraced there in Feb before the plunge down to 14.00.

    Wait for the blowout move for the interim peak,
    IOP going up to 130 now is also bullish
    Cant be far off now, maybe next 4 weeks max.

    Burn them SHORTS BURN!
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$16.20
Change
-1.500(8.47%)
Mkt cap ! $49.87B
Open High Low Value Volume
$16.25 $16.35 $16.07 $242.4M 14.94M

Buyers (Bids)

No. Vol. Price($)
16 31685 $16.20
 

Sellers (Offers)

Price($) Vol. No.
$16.22 100 1
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.