FMG 1.26% $18.75 fortescue ltd

FMG Technical Analysis, page-6686

  1. 9,814 Posts.
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    possible bullish harami pattern last 2 days
    if closes above 21.50 & below 22.10 which looks like it.
    maybe a reversal candle, we shall see.
    hoots is right, the 21.50 & 19.00 pivot has to hold for a bullish reversal.

    with IOP at 240 yes it should have went to 28-30 but didnt, now with IOP at 188 should be at 24.50 but is lower.
    Its all about the IOP trend now imho.

    https://hotcopper.com.au/data/attachments/3208/3208709-c7ed26f970ff18b4640299081ed3a57e.jpg
    Last edited by tomboy: 25/05/21
 
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