FMG 1.56% $18.97 fortescue ltd

FMG Technical Analysis, page-3212

  1. 125 Posts.
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    Wave c down starting most likely tomorrow is your chance to buy fmg in the $7.70-80 range before we are likely to move higher in my opinion.


    However, considering that we have had a up move of 8 months, I'm leaning towards at least another month of consolidation in that range of $7.50 to$ 9 before we are ready to move higher. But we shall see.

    Basically that was my hint to be patient for a better price if you're planning to top up.
 
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