FMG 1.54% $19.84 fortescue ltd

FMG Technical Analysis, page-8743

  1. 10,088 Posts.
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    SHORT ATTACK this arvo
    50c turnaround.
    They just made an easy 40c & are covering into close now

    green candle turned into a lower red candle with 30c body 23c long neck and 6c tail so far.
    nearing daily lows and off ramp for shorters sitting there now.

    40c x 1M shares = $400k in an arvo
    Nice work if you can get it. But dont worry that SHORTER is covering for his $3M in losses last few weeks so he is in deep trouble here with his pit boss.

    He is just trying to find large patsies who are selling here in the BULL SEASON to buy from at close.

    SHORTS BURNING LONGS this arvo.
 
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