Tag: ASX:FMG

Fortescue Metals Group has been added to the ASX200 Trade Table, with a stop loss at $20.97

Fortescue Metals Group is under Algo Engine buy conditions.

Fortescue Metals Group is under Algo Engine buy conditions.

Buy Fortescue Metals Group at market and place a stop loss below the recent pivot low of $13.90

Fortescue Metals Group has been in our ASX model portfolios since July 2019 with multiple buy signals. We are again presented with another reminder of the opportunity to accumulate FMG.

Iron ore prices are normalising faster than expected due to weak demand in China.

Fortescue Metals Group has been in our ASX model portfolios since July 2019 with multiple buy signals. We are again presented with another reminder of the opportunity to accumulate FMG.

FMG is set to report its FY21 result on 30 August. An increase in shipments volumes and higher realised prices in FY21 will drive a strong financial result.

Fortescue Metals Group is under Algo Engine buy conditions and is one of the top performing stocks in our ASX model portfolio.

QFY21 result was strong with shipments, realized prices and cash costs all beating analysts estimates. Strong iron-ore prices should continue to drive strong share price performance for FMG.

Fortescue Metals Group has been in our model portfolio following the buy signal at $8.30 on 26 July 2019. More recently, we’ve seen another entry opportunity flagged by the Algo Engine at the $15.50 higher low formation.

Fortescue Metals Group has been in our model portfolio following the buy signal at $8.30 on 26 July 2019. More recently, we’ve seen another entry opportunity flagged by the Algo Engine at the $15.50 higher low formation.

FMG has rallied from the higher low and the short-term indicators continue to trend higher.