FMG 1.10% $19.76 fortescue ltd

FMG Technical Analysis, page-10354

  1. 790 Posts.
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    Hay omzie, while abiding by HC’s no x-chat rules…. You could just about throw a dart at anything on the ASX this week and, so long as it isn’t an iron ore focused company, find some value.too many indicators (Facebook memes) warning of a potential down turn in China, and an artificial demand for steel in China, (twitter feed) normal supply/demand theory is being manoeuvred a little bit, and I feel IO is overvalued (from TikTok) I’m no expert, just a feeling there is better value elsewhere while asx is at a 12 month low.good luck!
 
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