FMG 3.09% $17.34 fortescue ltd

FMG Technical Analysis, page-8298

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    Charts say we are on the move again - so bought back in cob last Thursday. Had hoped to get MACD crossover below zero line as I think this a strong confirming signal, but it then did cross over just a tad over the zero line a bar late - pretty close.

    If the price of IO holds up and FFI continues making strong progress, I think things are looking quite rosey - but obey the charts.

    https://hotcopper.com.au/data/attachments/4236/4236904-0850b8cff8f8b1bc36268a522bf777f1.jpg
 
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FMG (ASX) Chart
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