FMG 1.54% $19.84 fortescue ltd

Wells Stefans that post was at 5.62 and it went over 6.00...

  1. 1,184 Posts.
    lightbulb Created with Sketch. 106
    Wells Stefans that post was at 5.62 and it went over 6.00 recently so was a decent trade. From here though I don't know. Is the price rise sustainable? Chart isn't giving any clear indications and anything can happen. You know much more about the FA than me.

    A few overbought indicators but the price action on the weekly keeps grinding sideways trying to ignore the signals. Right now I am waiting for a clear signal while I trade the banks.
    Last edited by totoschillaci: 04/09/17
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.