FMG 0.68% $19.09 fortescue ltd

FMG Technical Analysis, page-11513

  1. 10,129 Posts.
    lightbulb Created with Sketch. 4379
    yep another green reversal candle

    another higher open +17c
    another green candle +7c
    another long neck 22c with smaller tail 13c
    another smaller daily range

    another BULLISH daily chart / hated by SHORTERS
    SHORTERS BURNING today yet again & should settle up imho.

    20DMA now signalling a BUY on barchart
    stochs RSI & MACDS all gone positive
    MACD is now +0.611 the highest in 4 months
    All stochs of all parameters are the highest now than in 4 months
    the 9 day RSI is now higher than the 14 day RSI by a whopping 6% the highest move in 5 months

    all reversing or reversed, TA is BULLISH now.
    Expect a breakout to $20-22 on these numbers & momentum imho.

    SHORTS are BURNING, BURNING.
 
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Last
$19.09
Change
-0.130(0.68%)
Mkt cap ! $58.77B
Open High Low Value Volume
$19.19 $19.37 $19.04 $94.37M 4.916M

Buyers (Bids)

No. Vol. Price($)
1 59011 $19.09
 

Sellers (Offers)

Price($) Vol. No.
$19.10 2000 1
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Last trade - 16.10pm 05/11/2024 (20 minute delay) ?
FMG (ASX) Chart
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