FMG 0.83% $18.29 fortescue ltd

Bearish sentiment mate.im analysing the daily & future short...

  1. 10,137 Posts.
    lightbulb Created with Sketch. 4379
    Bearish sentiment mate.

    im analysing the daily & future short term trend come what may.

    Today another lower open turned into a smackdown the V recovery back to open
    Sits as a small red lower candle, doji with near even tail 16c & neck 13c
    Meaning indecision & traders in charge

    still flirting with 20.00-20.50
    Still engulfed by those 2 large swing candles

    im saying during CRASH SEASON no way would i buy here mid chart until 1 nov.
    Last year the annual low was 31 oct & the coming equity crash will not spare fmg imho

    too many risks, wait for the floor & reversal camdles
    My call im sticking with
    16-19 lows which has already hit ywice despite laughs from the ramp crew who failed to sell at highs of 23.70 like i correctly called it.

    if you love fmg, just wait for the bottom & its nowhere in sight right now imho

    SHORTS are ever present here & in revenge i love seeing them burn. Till then, buyer beware as they want your money in this BULL TRAP peroid till 31 october.

    TA isnt about emotions or ramping but reality.

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$18.29
Change
0.150(0.83%)
Mkt cap ! $56.31B
Open High Low Value Volume
$18.14 $18.38 $18.02 $164.0M 9.002M

Buyers (Bids)

No. Vol. Price($)
2 10275 $18.26
 

Sellers (Offers)

Price($) Vol. No.
$18.30 2897 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.