FMG buy trades
After the gap up this morning it looked as though a decent pull back was on the cards. 20.80 held and I stayed n this position which is getting close to a week long now. RVOL was up to very high levels even compared with last week and the buyers kept up the pressure and coming closer to the end of the session I was ok to keep this position open considering VWAP held. The iron ore price made a steady decline today so holding wasn't without concern will see how tomorrow plays out and if 20.20 is tested and if the sellers and profit taking comes back in.
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