FMG 2.07% $21.26 fortescue ltd

tomboy,What is the reason that your technical analysis view has...

  1. 2,158 Posts.
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    tomboy,

    What is the reason that your technical analysis view has not provided for today's trading?

    First of all, I would like to make an addition to your last post that somehow you missed to provide a very important point for the yesterday's trading that it clearly showed a strong support level at ~$22.

    In relation to today's candle there are 2 main aspects:
    - it is a strong reversal candle and
    - finally resistance at $22.50 has been broken

    Hope this helps.

    https://hotcopper.com.au/data/attachments/5702/5702648-2340641ea9ea6ddcfacc6476ec0ef9b2.jpg

    Last edited by irynka: 01/11/23
 
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