FMG 1.10% $19.76 fortescue ltd

a higher green doji type candle today 8c body 24c neck 8c tail...

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    a higher green doji type candle today
    8c body 24c neck 8c tail
    meaning the daily runup was sold down and SHORTED again toward the open price.

    18.50 showing resitstance yet again
    yet IOP still elevated at 106
    yet production and margins still strong. Cash at bank building with net cash position.
    Debt still not reduced at $4.2B at high junk bond rates.

    bear season is ahead, July 26 tops like last year still a marker.
    Oct lows a marker
    The INSTOs on here are SO predictable its ridiculous.

    SHORTS eyeing this off daily now looking for the drop.
    Such good news but fizzled.
 
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