FMG 3.09% $17.34 fortescue ltd

FMG Technical Analysis, page-11074

  1. 9,873 Posts.
    lightbulb Created with Sketch. 4271
    Another red candle -12c
    another long tail v neck 10c v 12c
    another W daily chart zig zag
    another breakdown under 24.80
    another lower close in closing auction

    BEAR SEASON is here
    SHORTS are looking for the smackdown move toward 20-22 imho.
    May July Oct is when it happens normally.
    Already done the Feb smackdown of 450c right on cue like the last 5 years in a row.

    Now zigzagging lower till the big SHORT ATTACK which is imminent imho.
    As it wont go up the INSTOS will force it down, only a matter of when and how low imho.

    When it was at 29.50 I warned you but you didnt listen
    now its at 24.70 and you still are in denial
    when its at 22.00 you will also be in denial.

    Catch the falling knife at your peril.
    Dont say I didnt warn you.
    Shoulda taken the money toombs.
    Last edited by tomboy: 22/04/24
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$17.34
Change
0.520(3.09%)
Mkt cap ! $53.38B
Open High Low Value Volume
$17.31 $17.51 $17.00 $309.6M 17.18M

Buyers (Bids)

No. Vol. Price($)
1 300 $17.33
 

Sellers (Offers)

Price($) Vol. No.
$17.35 28897 5
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.