FMG 5.53% $20.14 fortescue ltd

FMG Technical Analysis, page-276

  1. 521 Posts.
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    What are you going on about. The stock was in a lot worse position when it went from $1.50 to $6.50. And now the fundamentals have improved a lot since then. Not to forget a bullish sector rotation which is now at the beginning of the first phase. Cant see any reason why it cant go from $5 to $20 or more this time round. Its just common sense. Don't be a scare bear and miss out on the big up move which is just around the corner..
 
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