FMG 2.21% $16.66 fortescue ltd

FMG Technical Analysis, page-8537

  1. 1,574 Posts.
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    gday @tomboy

    no prediction or analysis is perfect and there will always be fluctuations. I agree with your original analysis and am firmly in the "bear market rally" camp.. and see more downside risk.

    this could be a good week overall.. watching it closely with the view to taking more profit off the table after averaging down to $16.46 recently.

    If i am wrong, that's ok.. once I again take profit off the table there will remain a nice chunk still invested

    nothing ventured nothing gained

    :-]

    regards
    frogbat out
 
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