today its sitting as a lower doji in a tight day range of only 17c
opened -30c lower, tail and neck about the same
day traders & SHORTS stuffed
gone nowhere
SHORT attack failed today again
The selldown over tariff talk was unjustified as Ive been saying for months here.
LOW BUYZONE 14-17 is still in play
Last year it was $10 higher at same season period around $25-$27
Should be trading 22-23 in reality before the usual bear season start June to September
but FMG is not a trustworthy stock to trade as its full of SHORTERS
And they want their pound of flesh every day
Ive been calling FMG on here for over 11 years and following it since 2003 & I first bought in 2008 at 1.81 and sold for near 7 year high at 6.71 then it cracked the 7 in 2020 onto 27 and now in a way higher range
today this low zone has held and been tested many times
should run up in may then go to annual lows during bear season
Yet looks very boring here atm, the low zone got everyone bored as usual.
SHORTS cant make anything here looks like.
Burn them SHORTS, burn.
FMG Price at posting:
$16.14 Sentiment: Buy Disclosure: Held
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