FMG 3.23% $20.75 fortescue ltd

FMG Technical Analysis, page-9848

  1. 10,007 Posts.
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    Another terrible BEARISH red candle
    my call of a drop days ago SPOT ON.

    opened a whopping -80c lower, a gap down move, SHORTS in CHARGE again
    then continued lower to a -44c red candle with 4c neck 17c tail
    closed near daily lows, a whopping 205c lower than wednesdays fake high close

    My warnings of a BULL TRAP SPOT ON
    cliff face formed on the monthly chart yet again, BEARISH.
    looks like 20.00 is the ST target for SHORTS

    I know you longs dont want to hear the bad news but I have been warning you for a while on here but you think you know better, LOL.
    SHORTS ever present, they wait for your cash then CRASH BANG just like they did to me in 2015

    SHORTS in charge yet again
    BULL TRAP still in play imho.
    Last edited by tomboy: 28/07/23
 
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