FMG 0.00% $20.47 fortescue ltd

FMG Technical Analysis, page-4162

  1. 6,340 Posts.
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    That spike to $10 on low volume is getting a nice 2% smack down on open to reality, respecting the negative divergence.
    Hopefully it begins the down-trend. The rise in IO price overnight, seems counter balanced by the pump in AUDUSD overnight? It's begun an uptrend.

    Lost 20% value on my oppies in the final 3 hours of trade yesterday, now it's back to about break even.

    This week will be key to defining which direction we go for the next ~4 weeks.
 
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