FMG 1.17% $17.73 fortescue ltd

Iron Ore Price, page-10958

  1. 3,123 Posts.
    lightbulb Created with Sketch. 998
    Daily Fib 1.618 $5.10
    Daily Fib 2.618 $5.18

    $5.18 was a wishful thinking. Resistance were around $5.10 most of the day.

    So far we only have a few days closed above $5. We really need SP to stay above $5 a few days in a row. Once the sellers are gone around $5. We should see the SP start to push higher. The Q report should help the SP over the next few weeks.

    DYOR.

    Frank.
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