FMG 1.26% $18.75 fortescue ltd

FMG Technical Analysis, page-8746

  1. 9,814 Posts.
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    yep right on cue.
    $20 hit

    and a higher green cadnle with 20c green body 0c neck and 38c very long tail
    meaning at daily highs now and shorts smashed intraday at lows due to that long tail

    but watch that 22.00 resistance area as that was the triple top last year
    SHORTS will accumulate there for the SHORT attack, they look like they will let this runup to 22.00 level again.

    My call at 15 for a bull run from 1 November to 22.00 looks SPOT ON AGAIN!

    SHORTS ARE BURNING AGAIN TODAY.

    that V whipsaw from lows today has panicked the SSHORTS who are covering now and made another $2M in losses today
    SHORTS lost 40c today so erased all their gains from yesterday

    BULL RUN to 22.00 looking good.

    BURN them SHORTS, BURN!
 
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