Trading business been good eh?!Share buyback program , good Fiscal Q3. . . .that alone is not enough to buy, but when combined with good technicals we have a trade. Target is 340 zone
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About CMC MARKETS ORD GBP0.25
Sector
Finance
Industry
Investment Banks/Brokers
CEO
Peter Andrew Cruddas
Website
cmcmarketsplc.com
Headquarters
London
Employees
965
Founded
1989
ISIN
GB00B14SKR37
CMC Markets Plc engages as an online retail financial services and stock brokerage business. It operates through the following segments: UK and Ireland; Europe; APAC and Canada; Australia; and Central. The company was founded by Peter Andrew Cruddas in 1989 and is headquartered in London, the United Kingdom.
CMCX - CMC Markets - Accumulation EventSee above what I believe to be a raising accumulation range in C M C Markets.
Clear buying climax volume signature shows market acceptance for price in this Trading range.
In phase C we see a large increase in supply. This can be considered an attempt by the CO to bring price back to down to the 9
Market is reacting positively to #CMCX interim resultsThe company's strategy is reflecting well in its improved revenues and profitability - and for the moment it seems to be holding above the channel, but always possible we may see some profit taking as a result of continuing concerns about regulation of the industry.
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