The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I'm still holding my CC shares, got in at 285p, the company seems to have made phenomenal progress over the last 10 years. I used to work at CC and I remember a company that was always highly resilient to changing market conditions. It would appear that CC certainly have come on strong and their range of new contracts reflect the companies ability to morph itself to fit in with the current IT climate. Definiately a buy.
The key to trading is to recognise the pullbacks, it's the people that sell their holdings on intraday pullbacks that loose out. To really make money in trading you should be looking at the daily charts as these charts give the most reliable signals.
My initial target was £1.74, I then upped it to at least £1.80 after it hit one of my reliable stock filters. I'm now going to hold at £1.80 with a view to selling around £2 screen shot: http://www.screencast.com/t/6aMXYg1bBV
resistence is 230 - 231, to be honest I thought we'd break the resistance on that first bounce but it fell back down. I'm still confident we will smash it as we have a mad rally going on, this time with increased volume. all the ingredients are yet, lets hope it don't get twarted by peeps with cold feet, jump in! market overall wants to be bullish today. Yanks will be bullish today aswell.
I am a chartist although I've set my filters on the basis that the majority of fundemental news is factored into the SP. Fundemental news causes a rise in SP, this then sets off my signals and I enter into the trend. I will admit, I don't get it right everytime, sometimes trends run out and I make very little, tipping services tend to interfere with my charts as instead of uptrends you get short spikes and sell offs, I noticed that BGC was tipped in shares magazine, I'm still going to hold here although if by the end of the week it hasn't rallied then I will look to selling at £3.30 for a small profit.