FMG 5.53% $20.14 fortescue ltd

Cascading stop losses - they were just hit down to $3-91 then...

  1. 426 Posts.
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    Cascading stop losses - they were just hit down to $3-91 then the traders/instos were straight back in the market buying the bargains and back now at $4-04.
    I hope they have got their fill and we can now consolidate upwards.
    Feel sorry for those whose stop losses got hit in low $3-90s.
    This is what drives the small investors out of the market.
    Directors should be buying now annual report has been released.
    Good luck - the last week has been a challenge.
    Kangaroo1
    Last edited by kangaroo1: 23/08/18
 
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