FMG 2.89% $20.68 fortescue ltd

FMG Technical Analysis, page-11484

  1. 10,011 Posts.
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    KABOOM.
    There it is, long green candle

    BEAR TRAP SPRUNG confirmation

    SHORTS smashed today after losing money the last 2 weeks
    opened +4c but green body +67c with 6c neck and 17c tail
    meaning the bullish open kept going all day closing near daily highs
    daily chart / shape hated by SHORTS

    SHORTS were BURNING ALL DAY LONG !

    You think my bottom call is early?
    well August we usually see a DCB fake bounce often, my call was 19-20 lows then bounce to 22 then lows again in crash season 19 again but its gone way below those levels so shorts have stretched the elastic too far imho

    You guys were laughing at my 20-22 bear call at 27-29 but now my call is too high?! LOL.

    18-20-22 reconnect is the BULLS & LONGS target here
    has to clear 18-19 with gusto, expect SHORTS to cover like crazy if it runs past 18.30 imho

    BURN THEM SHORTS, BURN !
 
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