YummyStocks

FMG Fortescue on important resistance

Viés de alta
ASX:FMG   FORTESCUE LTD
The Australian iron ore miner has reached an important resistance. The next moves could be decisive for the near future of the stock. However, the recent drop in iron ore prices (see chart FEF1! ) makes any predictions difficult.

FMG itself is - from my point of view - still fundamentally very interesting due to low debt, its investments into the future (autonomous, cero carbon, hydrogen) and inflationary politics from central banks.

Risks: China, iron ore prices, disasters

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.