FMG 0.18% $21.90 fortescue ltd

FMG Technical Analysis, page-84

  1. 2,060 Posts.
    lightbulb Created with Sketch. 1393
    Im sorry but did FMG go exdividend today as well?

    from 5.98 opened at 5.76 and then shorted like nuts to 5.66 and only stabilising now around 5.69
    But guess what, do you think these shorters who just made a whopping 32c a share overnight are done yet? Dont think so with those profits they will short again and again

    a terrible bearish much lower red bar 7c body, 3c tail 7c wick meaning buyers were sold down sharply and a whopping 32c lower than the friday close.

    As I said, this has nothing to do with the dividend, wheres my apology from all you readers who sought to discredited me over the exdividend with your thumb uppers???
    Only @Rosayrov had the guts to respond and eat humble pie!

    Do you still think its exdividend 2 weeks after the exdividend?
    $6.50 by 21 Sept, on TA thats impossible
    Rounding top pattern forming on the monthly led by massive constant shorting attacks
    Their target is min$5.50 by 21 Sept not 6.50 maybe even lower toward 5.00 to complete the 3 month bearish rounding top pattern. Remember the shorters in FMG are large and numerous, its been a problem for many years now.
    On FA FMG should be way higher I know as I got burnt on that thought before with FMG but you cant rely on fundamental analysis (FA) with FMG as TA & short interest dominates sorry to tell you the truth.
    The truth will set you free. Dont be emotional with your hard earned money. Its business.
    Last edited by Samboy69: 11/09/17
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.90
Change
0.040(0.18%)
Mkt cap ! $67.42B
Open High Low Value Volume
$21.92 $22.11 $21.82 $224.3M 10.10M

Buyers (Bids)

No. Vol. Price($)
4 3932 $21.89
 

Sellers (Offers)

Price($) Vol. No.
$21.90 400 1
View Market Depth
Last trade - 16.10pm 20/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.