FMG 0.26% $19.55 fortescue ltd

FMG Technical Analysis, page-7624

  1. 10,131 Posts.
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    Break of the 20SMA is a bullish cross on TA
    However as you saw earlier it crossed this before and went lower.

    What we need is the golden cross, the 20 DMA 50DMA crossing then thats a bullish indicator.

    Either way, I look at the candles and pivot chart levels
    Candles show you whats happening day long & support resistance pivots as to the trading ranges.
    Despite that i dont trade FMG and havent,
    just an academic exercise for me atm.

    But I do love those who burnt me in 2014 to BURN UP,

    BURN them shorters, BURN!
 
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