FMG 1.20% $21.41 fortescue ltd

today a long red candle with -35c body 10c neck 3c tail a higher...

  1. 9,764 Posts.
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    today a long red candle with -35c body 10c neck 3c tail
    a higher open 19c higher than yesterdays close
    closed near daily lows and an L shape daily chart loved by SHORTERS.

    The higher open got slashed down all day today
    but closed at the christmas line around 20.50

    its a ledge pattern 20-21 since 5 dec to 31 dec for 4 weeks now.
    looks bullish as the ledge s used to bounce UP from normally especially during BULL SEASON till Feb.

    early Jan the INSTOs will need cash & profits from the holiday cash drain & christams parties
    will they all SHORT or RAMP during BULL SEASSON to get that easy cash, take a guess!

    22-23 looking good imho
    BURN them shorts, BURN.
 
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$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
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$21.52 $21.67 $21.30 $150.5M 7.000M

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No. Vol. Price($)
1 93 $21.40
 

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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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