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 ).
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 ).
Note
Chart has turned bullish again. I expect a 2 in front of FMG very soonNote
Note
oomp there it is & just like that we have a 2 in front of FMG.Note
looks bullishNote
Hit target at $21, Still looks bullish.Note
Resistance @ the $21 level is fair, although, we should clear through this level. Likely FMG will face stronger Resistance at $22 - $22.50. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.