FMG 5.53% $20.14 fortescue ltd

Seems as though we have reached market equilibrium.Next rally...

  1. 411 Posts.
    lightbulb Created with Sketch. 67
    Seems as though we have reached market equilibrium.
    Next rally will be divi driven (imo), with the normal oppotunism that goes along with that.

    leading up to March 26 we can expect a $1 - $2 increase with a sharp sell-off ex-divi. Then given FMG past form we might expect a recovery over one week. After that...... anybody's guess.

    Notwithstanding accidents and adverse world events.

    Please discuss

    gltah
 
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