FMG 2.26% $19.94 fortescue ltd

lower open beat the shorts, sits as a lower doji with 4c wick 3c...

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    lower open beat the shorts, sits as a lower doji with 4c wick 3c tail, again a neutral candle
    intraday shows a strong rebound after lower open and then slide back to negative.

    4.30-4.34 being the 4 year low point is holding so far with elevated volume
    market thinking FMG will counterbid for AGO maybe?
    shorts are not getting anywhere intraday for the last week
    expect a real battle next few days to hold this support pivot point and more attacks by the shorts.

    Cant believe FMG is so cheap compared to BHP RIO which are at near 4 year highs.
 
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$19.94
Change
0.440(2.26%)
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$19.98 $20.30 $19.84 $84.17M 4.201M

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9 3051 $19.93
 

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$19.95 2798 16
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Last trade - 12.26pm 08/11/2024 (20 minute delay) ?
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