FMG 3.09% $17.34 fortescue ltd

another green candle today long green body small tail attacking...

  1. 9,873 Posts.
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    another green candle today
    long green body small tail attacking the 20.00
    very different from yesterday
    the SHORT smash train wreck yesterday led to short covering all day today in a rising daily chart HATED by SHORTS

    BURN YOU SHORTERS, BURN!

    today a 30c green higher body, 8c neck, short 6c tail
    meaning the flat open kept going higher all day to daily highs with shorts covering higher so the shorts had to buy back their sells fast in another losing trade,
    looks like another $1M terrible loss today for the shorts after the same yesterday.
    That PAUSE got them running scared of being trapped short like Chinas BIG SHOT on the LME

    But dont cry for them, its not their money nor their shares, they sell shares they dont own and bill the super fund for the $1M loss in 2 hours, it should be illegal.
    If they were selling cars or boats doing this they would be in jail for fraud.

    o9nce again now hovering around daily highs above 19.80

    19.50 has broken and broken well so far.
    26 July high with meltup to 20-22 looking good identical pattern to last year
    so predictable on here.

    19.50 has to hold then into that 20-22 slowly meltup looks like.

    Burn them SHORTS, BURN!
 
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Last
$17.34
Change
0.520(3.09%)
Mkt cap ! $53.38B
Open High Low Value Volume
$17.31 $17.51 $17.00 $309.6M 17.18M

Buyers (Bids)

No. Vol. Price($)
1 300 $17.33
 

Sellers (Offers)

Price($) Vol. No.
$17.35 28897 5
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
FMG (ASX) Chart
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