FMG 1.79% $22.50 fortescue ltd

Chart just peachy, page-31

  1. 6,296 Posts.
    lightbulb Created with Sketch. 39
    "nothing to do with fundamentals" ahhh, so what?

    this seems to be the standard HC view: short term, technical analysis, is pure evil, and long term fundamental is pure good. its a ridiculous view, its stubborn, its anti-intellectual, it's close minded, it's unwilling to learn.

    if you sell a stock, its not always because you hate the stock and hate the people who own it and would love nothing more than to see the stock go to $0. sometimes its because you're pragmatic at managing risk, maybe because you have a stop loss, maybe because you saw it was at the top of its trend channel and you just want to milk a few $ out of it...

    maybe you even really like the stock, and plan to buy it back later...
 
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14 4742 $22.49
 

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Last trade - 15.56pm 15/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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