FMG 2.41% $22.32 fortescue ltd

I understand the basic principle of China being an effect, but...

  1. 521 Posts.
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    I understand the basic principle of China being an effect, but that does not explain the daily movement of the two share price behaviours.
    I have only highlighted some points on the graph, there are more similarities in them.
    The daily graphs are far too similar. Something is going on.

    https://hotcopper.com.au/data/attachments/5462/5462503-4772eb3fb3dae29236d837e7d983e7a9.jpghttps://hotcopper.com.au/data/attachments/5462/5462507-2da6c6e56847f6998a9a3badd871a944.jpg


 
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