FMG 1.44% $21.21 fortescue ltd

Iron Ore Price, page-1178

  1. 1,362 Posts.
    CK
    IMO it will hit some major resistance around mid $30's and pull up at about $28/dmt.

    I suspect with all the stimulus starting to take effect sometime in August/September
    it will bounce hard later in the year.

    I really don't know what to say to people who still think things are about to pick
    up short term {apart from a few bumps on the way down}, I can see only pain!

    IMO there is only one position worth considering:

    Sell! Sell! Sell!


    DCE April 2.JPG
 
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