FMG 2.21% $16.66 fortescue ltd

I personally think the FMG chart is forming a pennant pattern -...

  1. 573 Posts.
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    I personally think the FMG chart is forming a pennant pattern - usually it will breakout in a particular direction - in this case it looks bearish from the July 2021 highs. If the break below the lower line continues that will confirm. FMG still very solid stock long term. Good luck!https://hotcopper.com.au/data/attachments/4436/4436917-a1a424fbf19ed1f28b6029827a98979a.jpg

    Last edited by AlexT: 17/06/22
 
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FMG (ASX) Chart
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