FMG 0.57% $17.40 fortescue ltd

FMG Technical Analysis, page-11452

  1. 9,963 Posts.
    lightbulb Created with Sketch. 4310
    support showing up agan
    low range again
    small candles again this time -11c red body with 15c neck 7c tail
    the NL daily chart scared the SHORTS yet again

    SHORTS are running scared and losing moolah down here 6 days in a row now
    but they await the CRASH SEASON yet it hasnt met expectations as yet
    the rebound must be on its way sooner or later
    that CRASH SEASON Sept/Oct weighs heavy on the LONGS though

    expect zigzag to continue.
 
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