FMG 0.18% $21.63 fortescue ltd

FMG Technical Analysis, page-7756

  1. 9,757 Posts.
    lightbulb Created with Sketch. 4210
    I have been banging on about the triple bottom and the November breakout
    The SHORTS have been burning badly recently

    Bullish candle yet again, thats 8 of 10 trading days with bullish or reversal candles
    monthly chart a classic flooring pattern
    annual chart shows annual low breakout pattern underway
    golden cross of the 10DMA 20DMA now 30DMA all being hit

    today a long green candle with 19c body no neck 2c tail
    meaning went up all day from lows and closed at daily highs
    strong close alright

    Its smashing the SHORTS to bits.

    GIVE IT UP CHANOS, TIMES UP!
    Join the LONGS & stop the loss making SHORTS.


    Expect the seasonal IOP rise also.
    My triple bottom call at 14.00 looking spot on again.
    And yet I was criticised for correctly calling the top at 26 and the bottom at 14

    Bullish November IS HERE!
    35%-55% rises last 2 years Nov to Feb.
    Expect more of the same meaning a target of 19-22 is open on TA.

    BURN the SHORTS, BURN!
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.63
Change
-0.040(0.18%)
Mkt cap ! $66.59B
Open High Low Value Volume
$21.48 $21.63 $21.02 $156.6M 7.309M

Buyers (Bids)

No. Vol. Price($)
1 2129 $21.60
 

Sellers (Offers)

Price($) Vol. No.
$21.63 817 1
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.