FMG 1.67% $19.49 fortescue ltd

All in opinion: It's amusing for me to read titles such as: 1....

  1. 1,327 Posts.
    lightbulb Created with Sketch. 623
    All in opinion:
    It's amusing for me to read titles such as:
    1. Aussie $ drops below US75¢ as iron ore plunges in told-you-so rout
    and...
    2. IO poised to extend slump as widely expected

    I get the feeling someone has been quite frustrated with IO going up recently. Sounds a little premature given IO is within a LT bull range. It's always expected for a retrace but is bottomed and due to go hard to the upside.

    So when we see the IO go back up, i want to see explosive positive feel good titles such as:
    1. Aussie dollar steady as IO ramps up again denying bears milking downside further.
    2. So what's the fuss about? IO continues the bull market charge within LT ranges.
    3. We have been and will continue to be in a commodity bull market for years to come.
    4. A shorters nightmare? Iron Ore is going up... Again......
    5. Hedge fund x going bullish on commodities.

    If you can give it to the ST downside with titles such as above but can't acknowledge positively favouring strong global LT IO fundamentals then what on earth are we reading? Thank god HC exists....
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$19.49
Change
0.320(1.67%)
Mkt cap ! $59.34B
Open High Low Value Volume
$19.06 $19.51 $18.92 $114.0M 5.880M

Buyers (Bids)

No. Vol. Price($)
1 1000 $19.48
 

Sellers (Offers)

Price($) Vol. No.
$19.50 5200 4
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.