FMG Technical Analysis, page-11475

the range is tightening
the wedge is narrowing, headed for a rebound imho

today opened -9c lower with -25c lower red body but 5c neck 2c tail
closed near daily lows
its trying to find a floor and rebound point

16.82 might be it we will soon see but cant be far away

AF & the BOD have lost sight of the core business blowing $Bs on H gas and woke crap.
RIO did the same many years ago and lost $13B cash on african waterfalls

I have been saying on here for years, they need a new mill, refinery and the exmouth mines & a mill there too plus more port berths and vertical integration with their own ore fleet even and EV battery mines.
Yet they wasted $Bs on H gas, solar, jet planes, MCR Noront and other cashburning blackholes.
They had AGO 20% control but gave it to Gina for $450M now worth $20B to her and $5Bpa revenues.
They had al that cash in bank but refused to pay down the CS high rate junk bond debt with it.
Big mistakes again and again.

SHORTS are not making much here.
Times almost up for shorts imho.