FMG 1.26% $18.75 fortescue ltd

i dont know about chart much, but my instinct says it will go...

  1. 202 Posts.
    i dont know about chart much, but my instinct says it will go beyond $6.50 within 2 weeks , my reasoning moody had put $6.50 on fortescue based on its debt servicing ability from the increased profit and production which was at the rate of 10. somthing % and the deal yesterday has further added value to this stock so i am looking at 6.60 at least in 2 weeks time .

    DO your own research though guys
 
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