FMG 0.18% $21.86 fortescue ltd

FMG Technical Analysis, page-10343

  1. 9,768 Posts.
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    red candle today
    higher open again got cut lower
    SHORT ATTACK all morning led to a reversal at last 2 hours of trade

    this 22.20 closing flatline holding since Thursday for 4 days now
    Once again reached the annual high zone 22-23 and now showing bearish signals yet again
    INSTOs and SHORTS eyeing off another SHORT ATTACK
    If it cant go up it will go down.

    This ledge formed 4 days looks dangerous
    Is it a ledge floor for higher run to break the annual highs or another offramp for traders to SHORT back to 19 again rinse and repeat. Again im betting on the latter.

    This range bound annual chart looks set to continue being range bound imho
    19-23

    Today is the anniversary of last years annual low at 14.70
    yet its 22.26 over 750c higher than it was this time last year.
    The CRASH SEASON didnt eventuate as yet and was a traders zigzag season.

    regardless of the attacks on me personally by the ramp crew I will keep posting what i see on the TA & ignore the abuse as i have for 10 years on here now and here I still am, alive and kicking
    but many of you traders & holders are long long gone and dusted.

    I repeat an equity crash is coming and its inevitable.
 
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Last
$21.86
Change
0.040(0.18%)
Mkt cap ! $67.30B
Open High Low Value Volume
$22.18 $22.18 $21.69 $119.2M 5.445M

Buyers (Bids)

No. Vol. Price($)
3 14450 $21.85
 

Sellers (Offers)

Price($) Vol. No.
$21.87 152 1
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Last trade - 16.10pm 09/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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