FMG Technical Analysis, page-10987

-14c red candle today after a -10c lower open with 10c tail and 23c neck
morning runup was sold off by SHORTS near to daily lows
the close also is below 4 & 7 March closes and same as the 26-27 March closes
lowering zigzag pattern appearing as usual.

hope is not a strategy
especially as BEAR SEASON is here
normally 3 waves lower with interim lows in May July October
last few years saw sharp drop downs of 400c
since late Jan peak its already down 450c from the annual highs

So question what will be the annual low during BEAR SEASON as this is not it imho.
Last year the low was 19.00, hit twice 29 May & 8 Sept so these dates are upcoming here.

FMG is a historically SHORTED stock & they will do it again and again if it cant go higher.
The downside risk is obvious on TA.
Ignore the irrational exuberrance, the colour of money is green and it doesnt love you back.