FMG 1.84% $18.30 fortescue ltd

FMG Technical Analysis, page-11218

  1. 9,894 Posts.
    lightbulb Created with Sketch. 4279
    and a BEARISH close to boot
    closed as a lower red candle with -6c red body

    another lower open -40c
    another crackdown below 25
    another monthly lower low
    another long tail -16c longer than the neck 13c

    if 24.50 cant hold which it cracked today then down to 23.70 and then 20-22 is open.

    Those who were ramping this BEAR run & ignoring TA recently are now conspicuously absent.
    Yep, cat has got the tongues of the rampers.

    SHORTS in charge.
    Last edited by tomboy: 04/06/24
 
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