FMG 5.53% $20.14 fortescue ltd

only thing Id be looking at now is Iron Ore Prices coming up to...

  1. 15,516 Posts.
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    only thing Id be looking at now is Iron Ore Prices coming up to some decent support. First the trend line and horizontal. So around 575-600 should stabilise the fall, same as FMG which aligns to around $15.

    However I personally would not try and catch a falling knife, Id wait a couple of days for some consolidation.
    Dont try and pick the bottom, worst thing to do especially on something thats lost that much


    Last edited by JabraD: 18/09/21
 
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