FMG 0.00% $20.47 fortescue ltd

breakout , page-9

  1. 17,444 Posts.
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    Target for FMG is $2.50 IMO.

    To see FMG hold up while BHP and RIO fall is nonsense.

    I would not be surprised to see FMG never deliver a grain of ore.

    Yep, I am probably wrong but when a suspect stock is holding up when the proven ones have fallen as much as 35%, why wouldn't you take your profit and stick it in your pocket.

    BHP has continued to reveal its 4 and 8 dollar moves.

    At 36, lower targets are 32 (been there), 28 and a real chance of 24.

    Want to buy value then I reckon WOW, people have to eat even if they can't afford bottled water or $5 coffee.
 
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