TA is an inexact science but a useful tool.
I enjoy Tomboys posts. Makes me re examine my own thoughts.
In this case fundamentals plus the way that the price has responded ex div previously outweighed TA.
Must admit that I was also influenced by the manic calls by analysts predicting a massive fall in the price of iron ore when the news cycle and lack of significant new developments coming on line did not back up these calls. Maybe I'm just getting old and cynical.
Judgement call.
Maybe this time I won.
Time will tell.
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