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Iron ore and Fortescue move apart to create a crocodile graph

A crocodile’s jaws are to be avoided, which is stating the obvious, and while that might be an odd way of describing price movements in the mining industry it’s worth looking at a graph which plots iron ore and the price of Australian iron ore miner, Fortescue Metals Group.

Iron ore and Fortescue move apart to create a crocodile graph Iron ore and Fortescue move apart to create a crocodile graph Iron ore and Fortescue move apart to create a crocodile graph Iron ore and Fortescue move apart to create a crocodile graph Iron ore and Fortescue move apart to create a crocodile graph

The iron ore price is the bottom half of the twin-graphs which form a near-perfect picture of a crocodile's jaws opening wide. Fortescue's share price is the top line.