FMG 0.00% $16.20 fortescue ltd

Iron Ore Price, page-13

  1. 525 Posts.
    lightbulb Created with Sketch. 6
    Yes. BHP and RIO have been drifting since May. FMG has been holding well until now. Since there is no news coming re asset sale yet and IO has fallen a little. Hence this fall is almost predictable.

    I am not sure if it is a bit too soon so say that the down ward trend has formed... But I am guessing tomorrow would be an interesting day. Some guru here may have better knowledge re trend than me.

    Anyway these are only my observations. Please do your own research.
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