Glencore Share Discussion Threads

[meb123] 19/1/2024 18:47

Quite funny most of the analysts were saying last year that Glencore is the best of the bunch . Looking at the prices of the other minors it's looking a bit sad . Even RIO is doing better! Just saying I have no idea where it's going this year but I hope 400p is the low point but have to say my confidence in analysts have taken a tumble . If any thing do the opposite to what they say :)

[mbmiah] 19/1/2024 11:46

Nice mini db forming.

[wallywoo] 19/1/2024 07:13

BHP talking about writing down the value of their nickel assets, following the recent nickel price levels.That seems to be the reason why Glen are under pressure. All storm in a teacup imho.Keep the faith the share price will recover imho.

[action] 18/1/2024 11:00

Thank you. As China not doing well I recon without special divi. I agree with Monty we may see low of the year Again

[action] 18/1/2024 10:59

Montyfool promoting today. Definitely 400p

[kktj] 18/1/2024 08:37

Action - there was one gap left at 410 on 15/18.07.22 which almost got filled following March but missed out by 1p. Hence I was ignoring it - what's 1p amongst friends! We might see this finally get filled if the weakness in the market continues. From what I've read, statistically the first 3 months in US election years tend to be weak....

edit - meant to say I haven't gone further than '22 as it was around this time I started trading Glen....

[madmaccer] 18/1/2024 07:25

Could we see 410 today or tomorrow?

[action] 17/1/2024 23:17

385p Jan22 level?

[tempted] 17/1/2024 22:32

For those wondering, other bad news for miners was attributed to the China GDP (YoY) which missed by 0.1% with growth now only 5.2%!

[action] 17/1/2024 20:53

Is there any gap below 410p please?

[tempted] 17/1/2024 16:00

Summary doesn’t mention asset purchases, there will be time to pick up, results 21/02

[84stewart] 17/1/2024 15:55

A lot overdone seems a lot of headwind or is ? Got their fingers in a lot of pies time will tell .

[tempted] 17/1/2024 15:50

Seems a bit overdone for obvious news, but what do I know

[montyhedge] 17/1/2024 10:58

My thoughts all down to figures due, either 385p or 465p looking at the charts, in my view.

[kktj] 17/1/2024 08:56

I'm also slowly adding to my trading pot... At least the gap at 436 from 14.12 now closed - 2 gaps above to fill.

[zam1] 17/1/2024 08:31

Bought some more

[sundial1] 17/1/2024 08:29

just a blip wait tell march.just add

[arja] 17/1/2024 08:13

a mini bloodbath today with rising US bond yields after rate cuts less likely .

[madmaccer] 16/1/2024 10:10

Likewise I'll have my Lifetime ISA top up to come in April, This share needs a kick up the backside!

[casket1] 16/1/2024 09:43

Prefer 6th April, got £15k to pop in my ISA

[sundial1] 16/1/2024 06:23

Be good as side ways to March, then it will pick up.

[action] 15/1/2024 21:59

If that is the case we may see 400p or even 385p

[action] 15/1/2024 21:58

It has difficulty passing above 480p