FMG 3.61% $20.10 fortescue ltd

FMG Technical Analysis, page-8795

  1. 10,002 Posts.
    lightbulb Created with Sketch. 4322
    KABOOM 20.00
    KABOOM 21.00
    I love the smell of napalm in the morning

    seems my post I made disappeared today, here I have retyped it.

    Another long green candle and breakout past 20 & 21
    a 93c higher green body 32c neck 7c tail
    meaning the higher open kept going higher all day and gopt tapped down at the end with the SHORTS BURNING

    SHORTS BURNT to a CRISP AGAIN.
    My call of 22.00 looking SPOT ON
    22.00 triple top may be exceeeded, BULLS looking at that all time high of 26 now.

    BULL SEASON still in play till Jan/Feb, thats 2 months to go and we are at 21 already WOW.
    Looks like 22 wil hit in December and then the games will begin to see if the all time high can be hit or the shorts will kill that run like last year.

    Still I say,
    BURN them SHORTS BURN!
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.