FMG Technical Analysis, page-7962

higher open hit 20.10 & got snapped back
finally a red candle but its higher with 27c body 20c neck 8c tail
meaning the higher open was sold down & kept going down near daily highs yet still way above Mondays close
looks like almost a bullish harami engulfed by the prior 2 green candles

shorters were waiting for the 20.00 yet theyve only made a paltry 40c today
and this flatline last 2 hours is very worrying for them

do they cover now or wait for the closing forced cover and make nothing yet again or hope for a ower close that hasnt happened for 2 months now
tough decision SHORTERS
take a pathetic 40c now or get maybe 0 later or hold for 50c later if lucky
dont worry, its not your money nor your own shares and you can lose another $1M today no problems as the super fund will cover it yet again.

We are nowhere near the seasonal February peak as yet.

One thing is for sure Shorts,

you are going to BURN BURN BURN!