FMG 0.11% $18.14 fortescue ltd

My long term technical view on FMG. I have 2 alternative...

  1. 125 Posts.
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    My long term technical view on FMG.
    I have 2 alternative view....Both BULLISH on the super long term (like 5-10 years).

    I'm not sure which one will play out just yet because these things could take years to play out.
    But initially I was leaning towards alternate 1, but now I'm leaning more towards alternate 2 now. I think we may get a better idea in a years time.

    Bearing in mind this correction for wave 2 for alternate 1 may not be over yet....so don't get too excited to quick.

    Enjoy

    https://www.tradingview.com/chart/FMG/sGA6pBzC-Alternate-1-for-Long-term-view-of-FMG/

    https://www.tradingview.com/chart/FMG/2KgItTTD-Alternate-2-Long-term-view-of-FMG/
 
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