FMG 0.52% $21.32 fortescue ltd

Tomboy may have a point. My analysis of late is that the moves...

  1. 573 Posts.
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    Tomboy may have a point. My analysis of late is that the moves to the upside have been on lowish volume, therefore lack conviction. That means traders are still cautious; this is understandable given the recent volatility of the IO price. This is a very popular trading stock. As I have said before, note the volumes and price action around Nov'21.
    Good luck!
 
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