FMG 2.21% $16.66 fortescue ltd

Did not gap up, and is beaten down because of the falling IOP...

  1. 1,459 Posts.
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    Did not gap up, and is beaten down because of the falling IOP and RIOs poor results. I exited near open for $20.61 taking a boring 10%.

    Will expect a test of the 0.382 fib at $19.50 & consolidation before considering a re-entry.

    https://hotcopper.com.au/data/attachments/3994/3994023-4943f22a65cc7a0907b30f0f19c6dd23.jpg

 
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