FORTESCUE METALS GROUP LTD

FMG ASX

jonnytren

Late chart for ASX listed Iron ore darling company. Long term hold dividend payer. Infrastructure boom over the next decade? Countries rebuilding through construction initiatives? Electric vehicles still along way off? Massive ROIC and FCF

AngusMcK

I've been reading about Fortescue and hydrogen for a while now, and on the back of their already amazing Iron Ore run I think this will be yet another possibly even more important catalyst that should keep the FMG engine running even harder. It has had a nice pullback to support after its last run and with the RSI beginning its rise again, I think anything around...

jeff_D

take advantage of buying at point D (around 22 AUD). the ASX:FMG has a potential to reach the AUD 26 next.

Claykitesurfer

That initial flag pole - just perhaps..

TheTradingBay

Entry: 24.71 Stop loss: 23.30 Entered a position in the counter after it broke out with increasing volume from its recent high. Even if it looks extended on the weekly chart.

johninvesting9

Time to go long on Mining stocks. $RIO $BHP and $FMG all have bullish chart patterns in play for next month and early 2021.

Rotuma

We might see some resistance around 16.90, a critical level as per previous trading activities. Share prices bounced from a strong support level at 15.75 but were challenged many times around 16.90 and could go through the same deal this time around. I think the critical price levels to watch are at approximately 16.90 and 17.34. A break above 17.34 could see...

h3DgE4B33F

Fortescue Metals Group FMG on the ASX appears to have a head and shoulders formation forming after going ex-dividend. It should break and continue north early October.

Shanaka

FMG - Break the trend Line - Avoid

Rotuma

FMG - Major support and resistance level M15 time frame Support at 18.95, 18.65, 18.45, and 18.15 Resistance at 19.14, 19.44, 19.63, and 19.95

lg389

Even with the BLOOD BATH that was last week, FMG didn't break this support trendline beginning may 4th on the 1hr chart.

DeerX

ASX:FMG Great company quite bullish pattern. PT marked on the chart Good luck mates, don't miss the train!

halilgur

Ferhan FMG Sunday 24/05

cyclewave

Fortescue Metals Group Ltd (FMG - Sydney) - WXY wave pattern Fortescue Metals Group Ltd (FMG - Sydney) is in 3rd wave of C of w internal wave as shown in chart. Here ABC wave is in irregular flat correction, so that wave C should be progressing faster down.

youssef1996

nooow 1 H

cyclewave

Fortescue Metals Group Ltd (FMG - Sydney) is moving down in WXY complex correction cycle from major top. It has completed X complex wave in triple three correction. Y wave is already started moving down, which will further progress in wxy wave. A sharp drop indicates A wave drop of w internal wave. Wait for B wave pull back to get into trade for C down.

MarketSetups

phi-ellipse on #fmg #asx.

euniwong

Needs to range a bit more and hit the yellow and purple line at the same time, where the green is drawn.