Member Info for Borgy74

tp... just for the record: CMBN is not traded on the AIM. Its listed on the LSE ... you even pay stamp duty when purchasing the shares.

70p was my entry price thinking it had confirmed a Rounded Bottom Breakout back on 7th June. My target price is also 80 p and i see that as the next resistance level (back in April)

LC, on the daily close ... I read it as a classic spinning top on an uptrend. This indicates neither the bulls nor the bears in control - indecision... same formation on the 1st July and the next day a bearish candle and the price moved back down ... have to wait to see how the market opens on this to confirm. If it shows signs of falling I'll take my profits as i bought in on Monday at 221p . Can always jump back in ...

Hey u didnt bail out on us did you? I jumped in at 2.21 ... and seems to be having a good day

Fundamentals aside as i agree with most of the posts here in that the SP is undervalued compared to NAV. This is starting to show up now as a possible Rounded Bottom Breakout which will be confirmed once the SP moves above 62.66p (ie 50 SMA) . Basically the downtrend channel (measured using the 20 SMA) appears over ... the bears have stalled and bulls are back in play. If this breaks above the 50 SMA then next resistance 100 SMA at 80p and my target would be the 200 SMA at around 143p. for those interested in this i recommend following Rick Saddler who i have followed for the last three years ... it does work https://www.youtube.com/watch?v=0TnOwuUCGSc Good luck ..

Any one any idea why the SP is rising since the 25th April... looking at the technicals on the chart ... looks promising .. seems like we are on a run.

20th May u can see this in the GRG Financial Diary.

Fundamentals aside on GRG, I bought into this purely on technicals when the SMA(20) crossed over the SMA(50) on the 10/03 at 1065.... not sure if any of u look at the EMA(8) = T line but ever since has been sitting nicely above.. with both SMA (20) and T line acting as a level of support. Next level of resistance seems to be 1150 which was actually my initial exit price (upside of 8%) so it seems to be creeping up.

Just out of curiosity do some of you bank profits or just keep holding. I think we all agree that this is trending up so if we hold for those who bought low ( I bought in at 62p, 66 and 67p) but i am always inclined to sell some shares (equivalent to my appreciated MV) ... I like to bank profits and just keep my initial investment which was £10k .... not done too bad ...