FMG 1.20% $21.41 fortescue ltd

Hi legume,Not sure about WTP, but I had a good look at BEN and I...

  1. 1,182 Posts.
    Hi legume,

    Not sure about WTP, but I had a good look at BEN and I really like the setup... It seems to be finding support at the 50% fib drawn between the extremes formed following the GFC lows.

    The close above the 10DEMA today is also a nice buy signal. The gap at 8.70 - 8.85 could get filled in the medium term imo. We might also have a double-bottom-ish formation starting to form..

    Anyway, we better get back on topic. I'd be happy to send you my chart on BEN - just drop me a line at [email protected]

    -S
 
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