FMG 0.00% $26.51 fortescue ltd

red candle today 31c body 4c neck 10c tail WW daily chart...

  1. 9,691 Posts.
    lightbulb Created with Sketch. 4185
    red candle today
    31c body 4c neck 10c tail
    WW daily chart
    meaning higher opening 21.20 got cutdown then shorts covering around 20.80 to get their pathetic 40c daily.

    21.50 showing resistance yet again

    My call of 19-22 last year at 14.00 was SPOT ON!
    Now got 3 weeks to February to see the highs
    Last year highs were 4 Jan, 22 Feb & 26 July
    The annual chart shows a U shape recovery
    monthly chart shows a double top arounfd 21.30 so resistance appearing

    IOP elevated and Capital Group buying to 5% a big vote of confidence while Hunan & shorts sold down last 12 months since 26 July highs.

    To break this they need to reduce that junk bond debt of $5B, H sales rocket, IOP stays above 120 and production solid. This is their chance to wipe the legacy debt once and for all.

    expect zigzag and resistance 21.50-22.50 as it was last run up and down through there.

    If it zigzags around 21.00 the SHORTS will BURN.
    SHORTS wanting to see a crackdown but its not happening, thjose shorts who tried to cut it at 15.00 16.00 18.00 sadly lost a massive fortune but dont worry tits not their money nor their shares, its the super funds losses!

    It should be illegal to sell shares you dont own.

    I HATE SHORTERS, BURN them shorts, BURN!
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$26.51
Change
0.000(0.00%)
Mkt cap ! $81.62B
Open High Low Value Volume
$26.62 $26.66 $26.40 $68.31M 2.577M

Buyers (Bids)

No. Vol. Price($)
4 6981 $26.50
 

Sellers (Offers)

Price($) Vol. No.
$26.51 5963 1
View Market Depth
Last trade - 16.10pm 28/05/2024 (20 minute delay) ?
Last
$26.53
  Change
0.000 ( 0.10 %)
Open High Low Volume
$26.62 $26.66 $26.41 717848
Last updated 15.59pm 28/05/2024 ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.