FMG 1.47% $17.26 fortescue ltd

FMG Technical Analysis, page-7610

  1. 9,884 Posts.
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    Another green reversal candle with tight range with long tails
    4 of these in 5 days
    11c body 2c neck 25c long tail again

    a sure sign of a bottom flooring pattern
    the daily lows swiped up yet again, trading above the opens
    daily chart a 2 wave up pattern from lower open
    the lower opens hurting the day trading shorters.

    daily shorters burning, cant make any gain at all.

    14.00 bottom holding as I called it.

    IOP at 115 is way way good for FMG FCF still,
    its not 230 but its not 40 either & FMG in way better position now than before just the debt hasnt been slashed as it should have been the last 2 years of boom time.

    In any event, the SHORTS are BURNING.
 
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Last
$17.26
Change
0.250(1.47%)
Mkt cap ! $53.14B
Open High Low Value Volume
$17.22 $17.37 $17.10 $105.8M 6.139M

Buyers (Bids)

No. Vol. Price($)
1 3000 $17.23
 

Sellers (Offers)

Price($) Vol. No.
$17.27 19878 3
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Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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