FMG 1.10% $19.76 fortescue ltd

FMG Technical Analysis, page-10223

  1. 10,032 Posts.
    lightbulb Created with Sketch. 4343
    did you sell at 23.73 at the annual highs 26 July like I told ya?

    2 months later its a whopping 310c lower than this high & you still loving that 100c divvy while losing 310c capital value?! LOL.
    And soon with the crackdown to annual lows it could be even lower.

    In this zigzag pattern only the traders make capital gains
    LONGS are trapped in divvy blindness and constant capital losses
    SHORTS constantly looking to snap this down daily even.

    What panic, i don't own any?
    i will be bullish when the TA justifies it & when the floor is in imho.
    Don't be blinded by money hunger, the colour of money is green and it doesn't love you back..
    Be objective, wait for the floor and crash period to be over imho.
    Last edited by tomboy: 28/09/23
 
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