FMG 1.32% $19.47 fortescue ltd

FMG Technical Analysis, page-10024

  1. 10,052 Posts.
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    a better arvo today but still closed as a -9c higher red candle
    up 14c from when I posted which was a surprise but the close was bearish 21.14 to 21.06 (down 8c)

    BULLS need to see 21.50 taken out
    SHORTS want to see more false starts, higher opens that get smashed and more higher red candles like this one. Dont believe the hype, the BULLTRAP is still in play.

    9 weeks to go till 31 October 2022 which was last years annual low at 14.70 which preceded a zig zag headed down just like the current pattern since 26 July to now in 2023,
    same pattern maybe same result, similar lows?

    Ive been following & trading FMG for 20 years, how long have you?

    I asked God to tell me when to BUY & when the ANNUAL LOW hits but he tells me he will help me if I help myself & the colour of money is green & it doesnt love you back as the love of money is evil.
    Forgive them father as they not know what they do, said Jesus.
    Very apt here.

    I will keep praying and analysing then.
 
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