FMG 1.10% $19.76 fortescue ltd

FMG Technical Analysis, page-582

  1. 31 Posts.
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    IMO $4,50 is the psychological support level. Shorters are desperately trying to break this support in order to trigger stop losses. There is some good value around these prices but I am waiting to see if it can hold the 4.50 level under this relentless selling pressure.
 
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