FMG 0.45% $22.10 fortescue ltd

good short, page-7

  1. 328 Posts.
    LOL Madmarket - I have been pickled many times over the years but not this time. On my previous post I did say that it may do to 1830's level which I will buy some more. I never stated that this was the absolute top for FMG but the overall pressure is down. All its trying to do is make a new weekly high of 1776+, it's nothing outside the normal. If it does well and good, if it doesn't well not a good sign. Don't forget the start of a new month is a couple of days where monthly high is also 1775. When and if it hits this level, it will be downhill for March to the 15-16 level. I can almost guarantee it.

    Cheers
 
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