Cmc Markets Share Discussion Threads

[imastu pidgitaswell] 24/8/2020 09:35

Liking that target - and looking good for it.

[bamboo2] 22/8/2020 14:04

Confirmed INVH&S reversal min target 350

[imastu pidgitaswell] 21/8/2020 08:49

Yup, very nice.

[dancing piranha] 20/8/2020 17:17

Better day here, promising to see no late sell off!

[gbh2] 19/8/2020 11:28

I'm out, put the profits into igg :))

[imastu pidgitaswell] 19/8/2020 11:16

So it was basically a quick ramp to mug some punters in o buying yesterday morning - enabling whoever planted it to get out?

I shouldn't be so cynical...

Anyway, looking to add.

[texaspete2] 18/8/2020 21:37

In top spot it is Plus 500 and second place is Redrow. These do change daily based on a whole host of data inputs. I only recently signed up for Stockopedia and after 10 years of investing I wish I'd done it sooner!

[dancing piranha] 18/8/2020 17:41

I would love to know what number 1 and 2 are? This is still under the radar imo, but for how much longer.....

[texaspete2] 18/8/2020 13:09

This share is showing in the top 3 shares on Stockopedias ranking list, this has what has brought me here today, I guess a few others too.

[imastu pidgitaswell] 18/8/2020 11:55

Cheeky sale at 317+ and repurchase just now - been a while as been underwater for a month or so. Not sure why the spike up this morning - although looks like a few others took the chance to offload some.

[gbh2] 14/8/2020 12:47

Halved my holding this last week, good profit put to use on IGG looking forward to their dividend now :))

[tudes100] 13/8/2020 10:44

Thanks, I picked up a few traders @297p & just going to let them run for the time being

[bamboo2] 13/8/2020 08:02

Hi Tudes, Currently anticipating a return to historical resistance approx 340-350

I work on the daily chart using patterns for target setting but these are dominated by historical horizontal, support and resistance levels.

The near term pattern is not particularly clear, but could be a V reversal. Often we have to let a few sessions go by to get a clear idea of pattern.

I am slightly wary, as we could see a larger H&S develop.

[tudes100] 13/8/2020 01:54

do you have a TP Bamboo ?

[imastu pidgitaswell] 12/8/2020 20:40

Well spotted. Would be good to have a candlestick chart in the header - I was too dozy to think of the gap. Doh...

Anyway, still here. Also the dividend (12p+) has been and gone during the time for the gap to be filled.

[bamboo2] 12/8/2020 18:43

Prior Breakaway gap provided support and was filled in the process.

[gbh2] 11/8/2020 09:36

lol, I can't argue with that.

[imastu pidgitaswell] 11/8/2020 09:22

Don't disagree - but I'd rather have greedy directors with large stakes in the company than greedy directors with little incentive for the long term.

[gbh2] 11/8/2020 09:20

I walked out on the last international company after two years of fighting greed in the Boardroom. I lost what little respect I ever had for company directors twenty odd years ago!

[imastu pidgitaswell] 11/8/2020 09:13

I just think it's odd. The previous has the Asia guy transferring 117k of them - which is a bit more like it.

And actually looking a little further, it does seem to be a bit of a thing fairly regularly. Maybe it's a form of quasi-salary. Take it all back, no halfwits, they're wonderfully managed...

Not a big issue, just seems strange to me. Maybe I'm being a little harsh and grumpy with the heat on...

[gbh2] 11/8/2020 09:09

What sort of halfwit drew up a scheme that awards 96 shares

IF it's anything like the TW scheme the directors help themselves to a few every month, you can bet the very last people to suffer financially, in any company, will be the Company's directors!

[imastu pidgitaswell] 11/8/2020 09:03

I'm not slagging the guy himself, but the CFO and the deputy CEO have just 'bought' (been awarded) 96 shares under the incentive scheme.

What sort of halfwit drew up a scheme that awards 96 shares as an incentive for senior management? Am hoping it is only a dividend taken in shares, otherwise they need a better scheme.

[gbh2] 11/8/2020 08:16

bamboo, imo a company requires a decent institutional following to provide the trading volume that gives credence to those that work with charts.

cmcx has so little trading interest that a couple of small sells or buys can drive the share price 10p either way which makes charting unreliable at best and useless at worst.

I used charting when I was into spread betting companies like lloy and the FSTE indexes because they have constant AT trades created by algorithm trading thus (imo) they create and work to patterns that can be charted.

[hawaly] 11/8/2020 08:04

Any read across from Plus 500 today...?

GLA 😎

[bamboo2] 10/8/2020 16:48

gb, I'm quite new to charting, so am keen to know how you would define very little liquidity?

Do you have links to any further info on the subject of charts in relation to liquidity? Does greater liquidity mean therefore charts become more useful?

Does liquidity go hand in hand with volume?

I have traded this stock quite a bit, but at the level I deal, I have never had a problem with autoquotes to buy or sell.