Fortescue Metals share prices fell in today's trading session did not really reflect its profit update, 3.30% to 7.32 due to a fall in the commodity index down 2.25% from time of reporting. Share prices seem to be holding on to its support level at 7.30; however, share prices could fall further to 7.00 if it fails at 7.30. If it holds at 7.30, we might see an attempt to fill the price gap at 7.60
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.