FMG 8.47% $16.20 fortescue ltd

FMG Technical Analysis, page-11536

  1. 9,937 Posts.
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    well trent I dont give fin advice, I analyse the TA and what this shows.
    Yes the SP is lower than that date I cited but I didnt see you apologise for your many bad calls either

    But today a massive gapdown open -145c
    and now at tri-annual lows beating the 15 Aug low

    but look at the daily chart, small range -5c small red body 10c neck 13c tail
    very small range
    overnight SHORTS made a fortune but the daily ones lost out
    daily SHORTS were burning today

    next 2 days either a V whipsaw back up or cliff face continues.

    CRASH SEASON in play as I said Sept-Oct.
    last year annual lows were 8 sept, and year before it was 31 Oct so CRASH SEASON hitting here now looks like.

    I dont know how low it can go
    But im the one who correctly called a bEAR ARUN 29 to 19 now its 16 and I still think it shouldnt be below 19 imho

    I'll apologise for my rebound call which was partially correct then if you guys apologise for abusing and humiliating me since February !
 
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