Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: RMG - Looking good to buy?

RMG - Looking good to buy? 03 Oct 2018 16:04 #1

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 888
  • Thank you received: 1203
  • Karma: 25
RMG - Monthly.
uk.advfn.com/p.php?pid=chartscreenshotsh...mEpkavLiB2Eoyp4ejes=

The monthly chart shows the whole trading history of RMG stock.

the current drop has taken the taken the stock below the trading range....so unless we get a close back above 368p.....and then 390p, this is very likely to move lower imho...

So a long at 368p, is ok...but be flexible at around 390p ...but at this moment it does seem as those 2 numbers are support levels that have become resistance imvho...

atb, wdik, dyor,
trendfriend :)
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech

RMG - Looking good to buy? 03 Oct 2018 08:37 #2

  • Paitech
  • Paitech's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 403
  • Thank you received: 191
  • Karma: 6
Hello guys,
Anyone keeping an eye on this?
Fallen more than 35%in 2days.
Was thinking 360p a good price, but has hit sub 350this morning....
Thanks G
The administrator has disabled public write access.

RMG - Looking good to buy? 03 Oct 2017 19:42 #3

  • Paitech
  • Paitech's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 403
  • Thank you received: 191
  • Karma: 6
The administrator has disabled public write access.

RMG - Looking good to buy? 26 Sep 2017 07:36 #4

  • Trendfriend
  • Trendfriend's Avatar
  • OFFLINE
  • Senior Poster
  • Posts: 888
  • Thank you received: 1203
  • Karma: 25
royal mail - RMG. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...V4RCisibDCcBuYEA0%3D

This looks bearish, possible early signs of a possible bottom, however this has a lot do, to turn bullish, real upside momentum only on a break on a end of day closing above 420p (falling daily)....being the 200 day ema line, and the mid term trendline...
above 420p>525p area.

Below 400p look for new lows.

400p>420p>525p...

Your looking to buy lower than 366p, i think with the current setup that is quite to happen.... ;)
unless this proves itself by closing above 420p...

atb, wdik, dyor,
trendfriend
The administrator has disabled public write access.
The following user(s) said Thank You: Paitech, cautious tone

RMG - Looking good to buy? 24 Sep 2017 21:07 #5

  • Paitech
  • Paitech's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 403
  • Thank you received: 191
  • Karma: 6
Hi TF, your views on RMG?
I like to buy, but at a lower price than 366p

ta
G
The administrator has disabled public write access.

RMG - Looking good to buy? 09 Sep 2017 03:16 #6

  • Paitech
  • Paitech's Avatar
  • OFFLINE
  • Junior Boarder
  • Posts: 403
  • Thank you received: 191
  • Karma: 6
RMG is currenlty at 376, but looks like its heading to 366p.
But , if the strike goes on , this may head to 366p, and even below that.
WOuld be nice to thoughts from experts, as I am planning to buy some for long term.
Thanks
G
The administrator has disabled public write access.
Moderators: remo

Time to create page: 0.360 seconds