FMG 2.25% $20.47 fortescue ltd

FMG Technical Analysis, page-11449

  1. 10,061 Posts.
    lightbulb Created with Sketch. 4355
    into close it turned down into a red candle with -7c body yet smaller tail of 8c
    closed 2c lower than that 2 year low of 18.28 of 30 July but thats statistically inconsequential so far
    low range is tightened, meaning less volatility and less trading ranges for all traders up and down

    SHORTS working hard to drop this even lower but support is showing.
    Support is resisting the SHORTS down here.

    TA still showing reversal signals.
    Sept Oct CRASH SEASON is the danger despite any August bounce.
    wait for confirmation.
    Last edited by tomboy: 08/08/24
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.