FMG 3.09% $17.34 fortescue ltd

FMG Technical Analysis, page-8742

  1. 9,873 Posts.
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    My thoughts are -

    SHORTS are BURNING a massive hole in their shorts,
    but dont worry for them its not their money nor their own shares, its our super, wages and bank fees they are losing and boosting inflation.

    today a lower green candle yet again with 12c body 11c neck and 12c tail, a doji looking candle but still bullish
    that 20.00 level is resisting but for how long?
    heading back to daily highs on 2nd wave UP.

    SHORTS making more losses today. Around -20c-30c each.

    22.00 the target now for BULLS.
    easy money imho.

    SHORTS are BURNING DAILY now.
 
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