The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
to be honest the more they drop this short term now the stronger the bounce will be when it comes. Hard to judge, but i think it will start some point this week or early next week, this is unsustainable, gl
Hasnt reached this oversold at any point i can see in over 3 years. Could well see a 10-20% bounce very soon, before the downtrend continues. Quick money to be made IMO
Looks like we may have "hammered out" the bottom on Tuesday. MACD and RSI starting to look more bullish. Can see some recovery from here. Hopefully on the back of some good news. Cant believe we dropped from 6p on worries about production/pressure slippage, back to the same level now with a confident rns and no rise back up. Its a long way back to 6p but i can see us hitting 5p resistance within 2 weeks. imo
bought 22m doesn't think bad news is coming, but i guess no one knows do they. Have to wait and see what happens now,
curious why you pick 53p, hasnt been to this level in well over 5 years so no support that i can see. RSI and MACD starting to look oversold however, looking for an entry here soon
resistance at 32p. Next resistance looks to be 50p (sept-oct 2012), also 200sma at 50p, could we see a large fast rise now? It fell from 50 to 35 in 5 days on lower volume than we have seen this week. Just about to break out of the Kumo cloud as well today. Il be happy with a 40p close by end of month but i wont be upset if its bouncing off 50p by next Thursday
Interesting times in all those, in my opinion: AYM-- dependent on LIM for its sp direction until the anticipated news from parys mountain comes out (in a interrview with BH it was "weeks away" mid december time. So due any day, when that comes i would expect AYM to regain 15p very quickly, then retrace as the herd realises dividends are still years away. CZA- chinese are buying in heavy at 25p, so has a little upside to that, which should then form support, also wider macro environment for coal is looking very good, see Berts chart on the KOL index about to break out on the bb board from tuesday. That could easily reach 40p in the next one/two months riding the coal wave back up. CAPD - im mainly in this from a TA point of view, i think its got short term 40-45p. I dont know enough about the company to comment about fundamentals, but the constant rise is encouraging and its got alot of ground to make back from last year. Soooo, ramble over, i guess they all will do well short term (AYM the biggest gamble) i would put it in CZA, chart looks great for another rise, macro environment is good, ii support will be/is arriving, and you can ISA it. Curios as to your thinking, have you been watching/trading them as well? Which way are you leaning at the minute?
day in the end. Resistance at 31-32p from November still needs to be taken out. Hope we break through that today and then its smooth sailing to 50p. Golden cross looking likely for monday/tuesday, low RSI still and finished near day high. Think we will have a nice end of month run here
FML looking interesting the other day. Might have to come in here soon
i should have put my money where my mouth is this morning. If tomorrow opens up as well i think this could be the start of a good recovery
sectors are mining and industrial mining recently. I think FML will see a strong rise soon. Has drifted downward a long time. Watching closely
Shes been up and down like a yoyo these last few months mate. DYOR as always
Are you in her yet? ive been thinking about getting stuck in for a big load, its tempting at this price to be honest
I see shes enlarging her port to take in the biggest ships, sounds promising, GLA
Its all red in DP world, lets see if we can turn her round and try another colour