FMG 2.89% $20.68 fortescue ltd

Updating last week's short-term double bottom call. Double...

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    Updating last week's short-term double bottom call. Double bottom on the daily at 21.02. Has not touched or dropped below since. Needed to push up through 21.70 and close above 21.70, the high of the body of the first candle in the double bottom. Closed above 21.70 on the daily yesterday. Will be looking for potential entry today. Short term there is a gap above to close. Sentiment, looking to buy on strength today.

    https://hotcopper.com.au/data/attachments/6282/6282074-b73848fe4a508f6a640cfb19b239f512.jpg

    https://hotcopper.com.au/data/attachments/6282/6282077-43312bc3d03e0484419df65d7e2ab27b.jpg

 
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