FMG 1.26% $18.75 fortescue ltd

FMG Technical Analysis, page-6266

  1. 9,814 Posts.
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    yet another red candle with top bitten off
    36c red body 23c neck 3c tail
    closed near daily lows, daily highs once again sold down.
    another false start pattern with high open sold off all day as loved by the shorters

    below the 22.50 pivot
    looking for the 21.50 support again.
    that top of 26.00 was the exit point, now its a mop up get what you can get situation after you missed the top I called.
    Longs in denial, shorts in charge daily.
    Bull trap.

    shorts continue to - Burn them LONGs burn.
    They burnt me before in here but Im not in this ever since as they are ever present those mxxxxxxxxxxxxx
    Shoulda taken the money toombs.
 
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