Mecom Share Discussion Threads

[bogotatrader] 20/2/2014 07:05

Thanks for the update fingers...

[scrabble1975] 20/2/2014 04:16

You're posts are hugely informative and much appreciated fingers, as always. Thank you.

[fingers xxd] 20/2/2014 01:23

BogotaTrader - MEC

[ruethewhirl] 19/2/2014 23:40

Mecom, you com, we all com ;o)

[deltrotter] 19/2/2014 21:39

Someone was picking up every sell that was put on the order book.

Maybe buying in ahead of the FTSE indices?

[she-ra] 19/2/2014 21:08

Rose quite a bit against quite a lot of selling.Something must be afoot if that is happening. A large order or some pretty great news; maybe?

[bogotatrader] 19/2/2014 20:03

Fingers - closed at 125.5p above your identified 125p resistance level....imho will hold over next 2 days to act as support for the next leg up.....

[germanicus] 19/2/2014 15:37

Yep, looking strong again & supported by fair volume.

Splendid! ;)


G

[scrabble1975] 19/2/2014 14:12

Here we go then...

[deltrotter] 18/2/2014 16:50

Keen buyer about today....

[fingers xxd] 17/2/2014 22:52

"Can't make heads nor tails of that chart fingers".

Just to clarify .. A 'chart analysis' request was made on my thread,
due to concerns regarding the recent 'gap-up' .. hence my comments
relating to the 'gaps' shown on the chart.

I then provided my views on the levels which I believed would have
an influence upon the price movement, and pointed out that for any
'confirmed' breakout of each, I would expect .. a sharp, strong move
.. accompanied by high volume .. and an 'end of day' close above.

I always look for these 3 x factors for 'confirmation' of a breakout .. if
all 3 x are not achieved, I am always wary of a possible 'false breakout'.

I concluded my analysis with the following comment .. "at its present level,
I see 'support' below at 100.00p, with next 'resistance' above at 125.00p"
(I now see that Fridays strong rise was halted around the 125.00p level).

(As a general rule, my 'analysis' is usually just posted on my thread, as it is
simply a reply to an individual poster .. however, my reply was highlighted on
this thread, hence the reason for posting a copy here).

[bogotatrader] 17/2/2014 06:42

Rue.....you are up early...looking very good here and for a nice big push upwards this week....

[ruethewhirl] 17/2/2014 05:26

Can't make heads nor tails of that chart fingers.

Seems there's a bit of the old "confirmation bias" in your write up.

I'd call it a "mind the gap" chart analysis.

But we're all biased bulls around here anyway so what's a little "b-s" between friends :o)

[creed123] 15/2/2014 00:11

Plenty of upside here. Can only see this moving up. If it can maintain profit levels and show a growth in digital then who knows £3 could genuinely be a possibility bit would be a long way away. £2 more realistic for me.

[cockneyrebel] 14/2/2014 15:46

Rather nice move on the news :-)

Cut the carp she-ra.

CR

[eugenia] 14/2/2014 15:30

yep rns injection..looks good

[scrabble1975] 14/2/2014 15:16

Looks to break out...

[scrabble1975] 14/2/2014 13:09

RNS-Further to its pre-close trading update released on 14th January 2014, in which the Board of Mecom Group plc ("Mecom") indicated that Mecom remained in discussions regarding the potential disposal of its operating subsidiary in Limburg ("LMG"), the Board now confirms that it has reached a preliminary, but non-binding, agreement with Concentra N.V. ("Concentra") concerning a sale (the "Transaction") of LMG to Concentra.

[she-ra] 13/2/2014 22:25

Is £3 a target?

[scrabble1975] 13/2/2014 22:22

Thanks for the chart fingers :)

[scottishfield] 13/2/2014 11:32

Yes, I think once it gets out of 'this little area' it can speed along.

[bogotatrader] 12/2/2014 20:56

poised.....