FMG 1.90% $22.00 fortescue ltd

I added a few Long trades to the chart i lasted posted...

  1. 9,861 Posts.
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    I added a few Long trades to the chart i lasted posted highlighting the bounces of lower trend lines
    There has been some similar ranges in both time and price as highlighted by trades 1, 2, and 3. Trade 2 didnt go off the lower trend line but was taken on swing trade.
    I guess by using the time price we may get an indication of where this run will go to if it continues and i have highlighted trade 4
    Long Trade 4 interestingly enough, we are 15 days into it and 100 points up, multiple that by 3 and we get 45/300 ( scary but nice LOL )
    Looking at the stochastic, the odds would be in our favour also in a push towards the 80 upper line
    Who knows what the week ahead might bring but i like the setup so far


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Last
$22.00
Change
0.410(1.90%)
Mkt cap ! $67.73B
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$21.93 $22.09 $21.58 $138.1M 6.316M

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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
FMG (ASX) Chart
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