FMG 3.61% $20.10 fortescue ltd

Tomboy - thanks for your commentary I also use technical...

  1. 63 Posts.
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    Tomboy - thanks for your commentary
    I also use technical analysis together with fundamental analysis.
    I think we may be in for a bit of a sideways holding pattern until the annual report next week.
    Unless those with inside information increase / decrease their substantial positions.
    Time will tell.
    I've been caught before by trying to predict and it's cost me heaps.
    The true technical analyst will trade what he sees because he believes everything you need to know is already reflected in the price action.
    Happy trading
 
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