CMW quick trade 1Hi, this is me just testing an idea of a quick trade with CMW. Feedback is greatly appreciate it.
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−0.120 AUD
−541.10 M AUD
188.00 M AUD
1.03 B
About CROMWELL PROPERTY GROUP
Sector
Industry
CEO
Jonathan Peter Callaghan
Website
Headquarters
Brisbane
Founded
1970
ISIN
AU000000CMW8
FIGI
BBG000BYDSP9
Cromwell Property Group is a real estate investment trust, which engages in the property investment and funds management business. It operates through the following segments: Funds and Asset Management, Co-Investments, and Investment Portfolio. The Funds and Asset Management segment represents activities in relation to the establishment and management of external funds for institutional and retail investors. The Co-Investments segment includes Cromwell's investments in assets warehoused whilst being repositioned for deployment into the fund and asset management business and assets it may not fully own or over which it cannot exercise unilateral control. The Investment Portfolio segment consists of the ownership of investment properties located in Australia. The company was founded in 1970 and is headquartered in Brisbane, Australia.
CMW POTENTIAL BUY OPPORTUNITYCMW price has gone up sharply since the beginning of 2019 but has pulled back in November 2019 near support level 1.15. This level coincides with the 100 EMA line. Therefore, it is likely that the price would go up from that level. The first target profit level is 1.255 (9%) and the second profit le
CMW Long idea-69 Week ascending triangle breakout with confirmatory volume
-5 Week congestion upon breakout with horizontal bounds for the most part
-Daily Bollinger band contraction hard
-Very attractive quarterly dividend of 2.09c
Still on my watchlist and is peculiar it did not breakout with the run up
Cromwell Property Group investment idea-69 Week ascending triangle breakout with confirmatory volume
-Congestion upon breakout with horizontal bounds for the most part
-Daily Bollinger band contraction
-Very attractive quarterly dividend of 2.09c
-Short selling available (at this time) for the purposes of hedging
30 basis points planned
Cromwell Property Group investment idea-69 Week ascending triangle
-Good weekly volume
-Price is consolidating after breakout of triangle which was confirmed by high volume
-Bollinger band contraction on daily chart
-An office REIT with an attractive dividend of 2.09c paid quarterly
Will risk 30 basis points and buy at 1.100 if I hav
CMW Ascending triangle-69 Week ascending triangle
-Good weekly volume
-Nice retest on the daily
-40 basis points risk
-Hard to pull the trigger in these conditions but i must follow my rules
cup and handle formationwait to confirm close above 98c and then ride price rise (depth of cup) to 1.075 for a 9.5% return
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.