FMG 0.32% $21.86 fortescue ltd

Higher green candle today with 2c body 2c wick and 1c tail looks...

  1. 2,060 Posts.
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    Higher green candle today with 2c body 2c wick and 1c tail
    looks like a hammer shoot
    daily chart shows 3 x V V V waves with the daily low bought up fast
    so BB team is in action
    monthly chart again shows a rising bull trend
    annual chart shows the zig zag bullish rebound pattern since 10 Sept with seasonal highs incoming for Jan/Feb like before, every day above 4.00 is a bullish breakout of the 4 year bear trend.

    Should have a run at 4.30 and then 4,65 prior 3 year triple low pivot.
    After 4.65 could run back up to 6-7 like before
    remember FMG is usually controlled by the top 20 INSTOs & shorters but this time its being controlled by AF & the BB team so totally different dynamic now.

    BURN them SHORTS!
 
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Last
$21.86
Change
0.070(0.32%)
Mkt cap ! $67.30B
Open High Low Value Volume
$21.95 $22.35 $21.71 $192.6M 8.766M

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No. Vol. Price($)
4 705 $21.85
 

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Price($) Vol. No.
$21.88 1359 3
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Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
FMG (ASX) Chart
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