Daily TA Analysis:-lower red candle with 14c red body, 14c tail...

Daily TA Analysis:-
lower red candle with 14c red body, 14c tail 10c head
16.00-16.30 held, lots of volume support shown after lunch at 16.10,
As predicted earlier, a false start pattern favoured by shorters appeared today but then a surprise U shape arvo recovery
Similar pattern to fridays U trade except was green and a longer tail.
The rounding top is currently complete at 16-16.30 on the monthly chart, but have to watch that shoulder slide and 16.00 breakdown risk, it looms large this week.

Bull INSTOs appear not willing to join the INSTO shorting crew as yet.
The shorters didnt get far today
sell at 16.40-16.30 then buy at 16.10 when that held.. 20c margin if lucky, thats a paltry 1.3%, its laughable
Most shorters may have more likely sold at av 16.33 and bought at av 16.20 for a 10-15c margin even less than 1% margin

Hey SHORTERS, is that all you got, what a joke!
Give it up, you aint winning now.
The FCF, reducing debt & divvy yield is smashing you,
todays FMG aint the 2006-2016 FMG, nothing near it.

BURN shorters BURN!
I love the smell of burning shorts in the evening