CML Microsystems (LON:CML) 450p 20/06/2023

I do not hold, previously sold at 550p.

Recommended a few times over the last year or so in Investor Chronicles and a positive review by Paul Scott back in March. No recent bad news to move the sp. Probably just dropped from profit taking. Looking to buy back in between 425p-420p. Market cap of £69m with cash of £24m. Revenues increasing as well as profits. Results due on 27/06/2023. Likely a dividend in August as well as December.

 Retraced from top of upward channel with bottom of channel around 420p (ish). Below the 50ma but above the 200ma. Nearby support lines at 425p, 391p and 361p. Golden cross formed back on 20/12/2020 and has stayed above the 200ma with just 2 quick dips below it on the daily chart.



27/06/23 Gulf Marine Services (LON:GMS) 5.75p

Could GMS be about to break away or will it fall back? Cup and Handle pattern giving target of approx. 6.8p. Golden Cross on verge of happening? 

Arden and Zeus brokers both have target price at 20p.


27/06/23 Michelmersh Brick Holdings (LON:MBH) 95p

Critical moment with MBH. Golden cross formed, but really needs to break above 98p resistance and break out of the downward channel. If it can do that then previous highs of 150p will be target. Broker targets at 175p.


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