Fleetwood falls out of bed and triggers the exit level so the alert is closed

FWD has triggered the Stop Loss Exit level at 2.57 so the alert is now closed.

Fleetwood has been sold down hard today as news release of the AGM to market was not taken well by traders.

Buy Entry has been triggered on FWD at 2.82.

The Alert is now active with the stop loss held at 2.57.

 

ENTRY ALERT

FWD – Fleetwood Corporation Limited

FWD is on the way up after buyers supported higher levels. We are now watching for an entry at 2.82 and are happy to hold risk at 2.57. Price has all the hallmarks of building a new leg higher after a washout down to 2.31 recently. If price goes lower through 2.57 prior to entry then we will re-assess the alert.

 

Stock Code : FWD – Fleetwood Corporation Limited

Company Website : www.fleetwoodcorporation.com.au

Current Price : 2.81

New Buy Entry (Trigger Level) : 2.82

Potential Sell Exit Zone (Stop Loss) : 2.57

Status : On watch for buy entry trigger