FMG - Is it headed to $30 ?

١٣ يوليو ٢٠٢١

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 ).

٢٣ نوفمبر ٢٠٢١

ملاحظة

Chart has turned bullish again. I expect a 2 in front of FMG very soon

٢ ديسمبر ٢٠٢١

ملاحظة

٢١ ديسمبر ٢٠٢١

ملاحظة

oomp there it is & just like that we have a 2 in front of FMG.

٣١ ديسمبر ٢٠٢١

ملاحظة

looks bullish

١١ يناير ٢٠٢٢

ملاحظة

Hit target at $21, Still looks bullish.

١١ يناير ٢٠٢٢

ملاحظة

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