Member Info for Borgy74

my post on 8/11 .."It is comfortable ride on the T line. short of any positive news I see the next resistance level at 140 followed by 166." lo and behold we are at 140p ....

genty. i noticed you today in 88e. I am invested in a few AIM stocks and am am down in all. I find this market hard to play due to MM manipulation of the pricing. You really do need to have patience for these stocks. in AIM i am in 88E, HNR, FCR, PXOG, ALO, CTAG - its enough. However, re. PANR i see there was 2 days ago a price (daily chart) out of the lower Bollinger Bands and normally (not always) the price reverts back into the Bands... which it has done and looks to be rebounding. I agree for a swing trade looks good but i promised myself not to invest more in AIM. If i had seen this 2 days ago i would have taken the trade and got out. Thanks for bringing it to my attention. re: Cambian looks like its on its way. I should get back into this. will take a look next week. happy weekend all

IAG is down trending.. the 50SMA at 416 maybe a temp support .. if it goes down from that then possibily waiting till the RSI reaches oversold (<30) for a swing trade. IAG seems to bounce/rebound once its oversold on the RSI ... back test it on the 1 year chart and each time RSI is oversold price recovers.

Hi Nhmusicman. On the 1 year time frame i don't currently see the BB squeezed. They were squeezed between 2/11 - 11/11 and then we saw the breakout. BB squeeze when a sp is ranging (low volatility). at this moment we are seeing the sp pulling back (falling) so by defination can not be squeezed. But good that you are looking at the BB too. Borgy

we really need a platform or cloud where we could share charts for a visual impression. The sp seems to be in a bit of a consolodation... so just had a look at the two year chart and what is setting up. a cup has just been formed and now its making a handle .. take a look for yourselves start from the 04/02 when we had the gap down ...and the cup formed on the 10/11 (bowl).... now the handle is forming so this pullback is normal and we could be off again .... DMI+ is above the DMI- so the strength of the uptrend is there. for those interested more in the chart pattern cup and handle just You Tube it ... Cup and Handle Trading pattern. Borgy

The volume traded is small so magnifies the % movement up or down. if sp was falling on high volume then i would be concerned. with a company like this patience will reward you as fundamentally looks good with a good set of annual results. Its also a share thats not in the limelight so doesnt have extensive coverage. as i mentioned below the chart set up looks good and whilst it fell towards the end of the day it seems to have found support at 80p and trying to move up. Borgy

lonely investor here on this BB:-) I only bought in last week at 82p. I saw results come out... quick glance at them - look fine but i like the chart set up.. looks like its rebounding and today the sp has peirced above the 34EMA... I have set a target of 95p that being the 50 SMA and then will reassess. Borgy

Any of you interested in these 2 indicators the ADX (Average Directional Index) and the DMI (Directional Movement Index). For those of you keen to understand the strength of the trend in the share price. The ADX measures the strength of a trend, and helps to limit risk if you only ever want to buy into or remain in strong trend and above. For the DMI it works with 3 lines. Red = -Di is a representative of how strong/weak the downtrend is or sellers are (hence, sp going down) The Green Line = +Di is rep how strong/weak the uptrend is or buyers are (thus, sp going up) and the Black Line = (ADX The Average Directional Index) If the Green +Di is above the Red -Di this means the sp is rising. If the Red -Di is above the Green +Di this means the sp is dropping. if ADX is below 20 and falling dont trade ... its ranging (ie nothing happening) or if u are a long investor switch off as its just boring :-) When ADX (black line) is below both Green(+)andRed(–) and below trading .. then avoid trading The strength of the Trend is determined by the number on the Black line mainly as this is non directional. The scale for how weak or strong the trend is considered is shown below. The direction of the trade is irrelevant to the ADX line, it simply measures how strong the uptrend or downtrend is. ADX 0-25 Absent or Weak Trend 25-50 Strong Trend 50-75 Very Strong Trend 75-100 Extremely Strong Trend Current Observations on CMBN as follows.... remember the support at 120p when did the CMBN price starting moving up - around the 11/11 exactly at this point the ADX moved from below 20 and crossed over the Green and Red and started rising above... an indication the trend is moving ( which way ) well its non directional so we have to look at the sp..... so the Green also crossed the red which means SP is rising and this is what it did. since 11/11 ADX is above both lines and it is pointing upwards at a reading of around 32 (strong trend) conclusion for all those posters who have gut feelings that sp is rising ha haa ... i would agree but i would use this indicators next time u want to be sure. lets see what the week has in store for us. Borgy

Hi Gold. Sentiment here is good and the chart set up is strong! I've learnt to cut out from noise that goes on with news and simply look at the chart. If a fundemtal news comes out I'll see it instantly on the candle stick and willl evaluate. I have just invested a tiny tranche in CER just before closing bell. If I told u I haven't a clue about the company or what it does would u believe me? All I saw was a candle stick pierce through the 34EMA and the 8EMA about to cross the 34 on the upside. Check a random stock. Use candle stick with 1 year horizon. Choose daily candle stick and plot Two Exponetial moving averages. The 8 and 34. What you see is when the 8 crosses the 34 on the upside Share price rises and goes on to rise so long as the 8 remains above 34. Exit only when the 8 crosses the 34 to downside If u plot Cmbn you'll see 8 has been above the 34 as we have been on this bull run. Happy weekend to everyone. Borgy

Hi Gold. What makes you believe that. Just you being optimistic/hopeful ? Can you explain. Cheers Borgy

JMO are u smiling. Our mean reversion swing trade worked. we are blue :-)

Nhmusicman: for charting I am currently using the Advanced Platform of my broker which is TD. Obviously if you execute your shares through a different broker you can not use this. I am contemplating going far more superior in terms of depth of what you can do with the charts .. I like https://uk.tradingview.com/ (tradingview.com) and its $9.95 per month for the Pro. Will probably start that in the beginning of the year. Borgy

Guys i am happy to help. If anyone wants to add me to Skype my username is noelborg2005 based in dubai --- just introduce yourself and we can share ideas. The comforting thing about FTSE listed companies is that no matter how much anyone ramps/de-ramps a share, we cant influence. This is very much unlike the casino of the AIM where I do follow a handful of stocks but my goodness never take their word for it ... there are some genuine posters but u must be cautious. I have a portfolio of exactly 27 stocks. I follow about another 15 and have a few on my watch list right now, Diversification is the key to managing risk and growing your capital.

hey genty74. are we the same year of birth 1974? In all honesty i would not be in a position to predict a future SP - that's not my skill. I often read with a smile posters flying off with numbers but i am all set up for short term trading. That's my background as an ex trader at HSBC. I worked on the equity desk and scalped for minute % often less than 1 (obviously with a sizable book). what i can say right now with CMBN is i like the chart set up. Not overbought on the stochastics - all the benchmark moving averages are trending up. bolliinger bands curled upwards...SP is sittnig on the 8 day exponential (aka T-Line) and tucked in within the bollingers. It is comfortable ride on the T line. short of any positive news I see the next resistance level at 140 followed by 166. Give u an idea of the kind of trades i do. I spotted Royal Mail down 7% yesterday on release of results. The SP breached the lower of the bollinger bands. I will ask all of you... go look at sps and when u see the SP closing outside of the lower BB ... the liklihood is it will revert back to the mean (ie up inside the lower band)... called a reversion trade, I bought in Royal Mail at 458 on 20k and sold today at 468 for a few hundred quid profit. In fact the sp today is still outside the lower BB so i would expect it to go up further so may have another pop on Monday. have a nice weekend. feel comfortable just sitting with CMBN right now.

Not loaded on here as yet.

Good Morning Chaps. Have a look at the Momentum Indicator (MI) to visualize the direction and strength of the of the price trend. On a chart set up i use a 14 day period which in simple terms compares the current price to where it was in the past 14 days. You will see on the 11/11 (Trump day) ...the MI from a negative turned above 0 and crossed over the 14 day average = Result we see sp rise from an opening of 120p - 125p and the start of a price rise we have seen ,,, When the Momentum indicator crosses above the zero line. The crossing of the zero line implies that the price of CMBN reversing course, either by having bottomed out or by breaking out above recent highs; this is typically viewed as a bullish signal. as of today ... we have a Doji as closing candlestick which indicates indecision. We will have to wait for today's price action to determine the next course of price (rise or fall). The MI indicator curled to the downside which may indicate the recent price action may reverse again .... I am only referring to the short term price action... for the swing traders like myself who love the challenge of guessing the price action and the ups and downs. for the LT holders here ... just ignore me and enjoy the ride up :-)

It does indeed on the intra-day.

SP is bouncing off the 19/02/15 support at 240/241 as i expected it too below. However, right now I wouldnt second guess where the price could go next. Heard of the expression ' catching a falling knife ' .... I would rather it would settle above 255p (Readmylips) notes 260 ... which i would be comfortable with before going long. right now SP is not settled and below all moving averages. But its testing support so we could be bottoming out here.

ReadMyLips: Not looking convincing to me on the chart. I mentioned yesterday that short term its a hard one to call and at the momentum price momentum is down. Indeed the candle broke the 20SMA but the moving average is sloping down. still remains oversold but i think it has further to fall right now and will see if it tests support at 240p. I had a look at the fundamentals and the intrinsic value based on future cash flows is about right with the current share price ie. its not over or undervalued. expected future earnings at 3%.... ... BORGY

First time post on this board. I bought this stock back on 29/05/15 at £3.59 after a BUY recommendation in Shares Magazine.I held for around 8 weeks and later sold at a loss 23/07/15 at £3.26 .. Its been downwards ever since and I haven't been interested in the sp until today when i just happened to read the trading statement and glanced my eye at how far it has come down. As a TA i do look at charts and have in the space of 15 months trained myself on reading charts. (check my posts on CMBN and what others have posted on me). Looking at this chart set up ...and ReadMYLips ... I agree the share is oversold on the weekly stochastic (but not on the Daily chart). RSI is not oversold however the MACD has turned positive which is a good sign. from this I conclude mixed signals and whilst the share looks to be bottoming out of this range from 28/10 in the 250s ...it could go either way. This is hard to call and may fall further to support of around £2.40. If it rises i wouldn't buy again until it confirms £2.55 (8EMA) ... a safer better of an uptrend in motion is clearing the 50SMA at around £2.76 ..... Borgy