FMG 0.86% $18.44 fortescue ltd

looksy here again another small green candle and low total range...

  1. 9,828 Posts.
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    looksy here again
    another small green candle and low total range
    another lower open -22c
    another hold above 18.30 & strong support again around 18.30-18.50
    sits as a +7c lower green candle with 11c neck 5c tail
    the tails have petered out
    the SHORTS are losing here
    the lows are being held and bought

    positive TA showing up now, 3 in a row
    ledge formed at biannual lows sub 19.00 around 18.20-18,60
    should I go BUY on here?
    Wait to see if it can fake rebound to 20-24 or will the impending western equity crash force it lower?

    At 27-29 you boyz were all laughing at my 20-22 bear call but its now 18.50 ! I was SPOT ON indeed too high lol. Where are all the wrong rampers and laughers now?! Cat got your tongues again?

    BUYZONE forming
    BEAR TRAP forming.
    Some might trade this. Wait to see if its real or not.
 
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