FMG 1.02% $22.36 fortescue ltd

nice and simple, page-9

  1. 9,861 Posts.
    lightbulb Created with Sketch. 5
    Sometime ago i mentioned the intial entry 20 march for either of 2 targets
    Option 1 - 35 days and target 875 which hasnt worked as we continued to stay inside the triangle
    Option 2 - 50 days and target 900 12 May, (at worst it should give 840)

    The second looks possible to work now if we get a continuation and break out of the triangle, as the final days of the move should be hard and fast on the back of some announcement ( which i have no idea what )

    There are 3 ascending triangles working together so i guess the momentum is definitely up. The worst case scenario you will get one more chance at under 700 but as stated early this week i think its very unlikely
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$22.36
Change
-0.230(1.02%)
Mkt cap ! $68.84B
Open High Low Value Volume
$22.46 $22.63 $22.34 $108.3M 4.768M

Buyers (Bids)

No. Vol. Price($)
2 1690 $22.35
 

Sellers (Offers)

Price($) Vol. No.
$22.37 13926 2
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.