FMG 1.20% $21.41 fortescue ltd

Sometime ago i mentioned the intial entry 20 march for either of...

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    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
 
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