Entry for STT List
FMS, FA & TA
Iron Ore, Pilbara WA
Strategic deposit located adjacent to FMGs Solomon Hub
FMS has just bounced of the 3c level which was the exact same point it bounced off during the worst parts of the GFC
Could a sustained bounce be in store?
We are seeing bounces in many oversold Iron Ore stocks
I've seen some pretty impressive bounces on NFE of 100% in a day and GBG about 50% in a day last week
Before that SDL and FAS also in Iron Ore gave some impressive moves
Could FMS be next? First target would be 5c
Possible signs of a bounce?
Recent bounce off 3c vs GFC bounce off 3c
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- weekend lounge short term trading 14 -16 june
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