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Loosing momentum
FORTESCUE LTD
Short
Loosing momentum
By UlyssesTrades
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Jul 13, 2019
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Jul 13, 2019
Upside seems limited but 8.60 is current support.
Risk of iron ore prices and Vale coming on line remain.
But Ziggy has offered big dividend surprises recently and with low interest rates, dividends are king.
Continuing to take shorts. Looking for 7.60.
Beyond Technical Analysis
FMG
fortescue
Trend Analysis
UlyssesTrades
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