Sellers continue to pressure stocks as FMG triggers the Stop Loss level

FMG Sell Stop Loss at 4.82 has been triggered and the alert is now closed.


Original Alert 15/2/18

FMG – Fortescue Metals Group Limited

FMG is holding higher lows and looking for a new major leg up as buyers step in to support higher prices. We are happy to buy at 5.25 but if price pushes lower through 4.82 then we will re-assess the alert. Watching now for the action to play out.


Stock Code : FMG – Fortescue Metals Group Limited

Company Website :

Current Price : 5.23

New Buy Entry (Trigger Level) : 5.25

Potential Sell Exit Zone (Stop Loss) : 4.82

Status : On watch for entry trigger level