FMG 0.06% $16.12 fortescue ltd

FMG Technical Analysis, page-1158

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    Well is it possible that the magical 61.8% Fib level may prove to be a turning point? It's way too early to tell but one must admit it is rather interesting that after almost a completely red month we see some green the very day after it came within 1c of that Fib level. Anyway it's not where it trades at 10.35am that counts, let's see how it closes.
 
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