FMG sell trades
Had 750 shares left short over the weekend with an additional 750 added at 14.50 with a push past VWAP and finally 500 shares added at 14.75. China is on holidays today and tomorrow with the Dalian iron ore index closed, there was some small move higher at the early phase of the session although with continued uncertainty around iron ore demands as China slows down plus the Evergrande dumpster fire. But the technical's are giving a sniff of the bulls getting back in charge, if price pushes over 15.00 I'm out as today even with the significant market sell off FMG held up after the low 14's were tested. A lot can happen overnight here and if 100 US per tonne is broken this is what I'd like to see in order to get back below 14.50 and really push for the test of 14.00.
Entry depth:08:57
Entry depth: 13:59
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