FMG 1.10% $19.76 fortescue ltd

FMG Technical Analysis, page-911

  1. 29,775 Posts.
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    Thanks for posting that monthly chart Coal King. I'm the one who can't post charts as I've said before.
    I have not written off the idea of FMG getting AGO. To me it would give the diversification that FMG seeks plus the port advantage and tax write off etc.
    It may mean short term pain for FMG but long term gain.
    I hold AGO at average price of about 0.0185 but do not hold FMG.
    Your chart post shows exactly what I was trying to say yesterday and may account for the lower volume.
    Day trading is not my thing and all I have done is express opinions.
 
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