FORTESCUE LTD
Panjang
Telah dikemas kini

FMG - Is it headed to $30 ?

762
Fmg - looks like the uptrend is about to resume.

Key techinical - Inverse head and shoulders formation. FMG chart suggests it could be headed to $30. Resistance at $26. 20% upside.

Key fundamental - Iron ore prices at record highs to continue, resulting in record EPS ( big dividends ).
Nota
Chart has turned bullish again. I expect a 2 in front of FMG very soon
Nota
syot kilat
Nota
oomp there it is & just like that we have a 2 in front of FMG.
Nota
looks bullish
syot kilat
Nota
Hit target at $21, Still looks bullish.

syot kilat
Nota
Resistance @ the $21 level is fair, although, we should clear through this level. Likely FMG will face stronger Resistance at $22 - $22.50.
syot kilat

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.