FMG 1.32% $19.47 fortescue ltd

there it is the first long red candle for a while. vicious...

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    there it is the first long red candle for a while.

    vicious SHORTing attack today
    despite IOP still at a BULLISH 110

    SHORTS trying to snap this run to 22 & be the christmas grinch.
    But its BULL SEASON still till Feb and so this is a one off imho
    20.00 still held & 21.50 seems the resistance point now.

    they will all be covering at close, to secure their 50c-90c gains today.
    After losing a whopping 600c last fee weeks this is a pyrrhic victory for them.

    SHORTS burning the LONGS today, but not for LONG imho.
 
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