FMG 0.18% $21.63 fortescue ltd

FMG Technical Analysis, page-11284

  1. 9,757 Posts.
    lightbulb Created with Sketch. 4211
    well well well
    Where are all the rampers now to laugh at and attack me?

    I was SPOT on with my BEAR SEASON call on here.
    In Feb I called 20-22 annual lows and I got it SPOT ON !
    Now closed under 22.00 with tail hitting lows of 21.34 today

    Another red candle -7c
    another long tail -43c
    another tail exceeding the neck 3 v 43c
    another lower open -13c

    Monthly chart in freefall,
    Annual chart shows the CLIFF FACE getting longer & deeper with no end in sight yet.
    The pattern of lower lows and lower highs continues
    SHORTS in charge & BEAR SEASON as i called it SPOT ON in March months ago

    SHORTS eyeing off 20-21, can they break this to that 19.00 support from 2023?
    Or will my call of 20-22 annual lows be spot on again?
    Long way to go till July lows and then Oct lows during BEAR SEASON

    Trading rule 4
    Dont catch the falling knife, never buy on the way down, wait for the floor, it will be boringly obvious and no one interested in it


    When in Feb I called a BEAR RUN and CLIFF FACE coming they laughed and humiliated me, joking how dumb and stoopid I was & this was headed to the moon, BUT NO LONGER do i hear them laughing !

    Cat got the BULLS tongues well and truly TRAPPED just as I correctly predicted.

    BULL TRAP SPRUNG !
 
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
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