FTSE AIM Stock to Watch - 1 (Update - Target met!) - Cap-XX Limited (LON:CPX)

in #shares7 years ago (edited)

Highlighting a FTSE AIM smallcap stock on the London Stock Exchange that is set to perform well over the coming weeks


This is an update and final post on AIM stock to watch - 1, and i'm happy to report my target of 13p for LON:CPX has been reached and in fact, the share price has blown the target away!

cpxtarget.PNG

In my first post, dated 13th July, i speculated that LON:CPX was a BUY due to strong fundamentals and a promising technical position. You can read the initial post here. My suggest positions were:

Current Price: 8.325p
Target: 13p
Stop: 7p

On Friday 29th July, i posted an update stating that the indicators were very bullish, and provided these prices as a guide:

Current Price: 10.125p
Target: Remains 13p
Stop: Upped from 7p to 8p

15th August 2017 14:32pm


Buying in at 8.325p and selling at 13p yealded a 56% profit. This looks great, although perhaps not compared to our beloved Bitcoin which has gained almost 100% in the same time period!

The current situation shows that 13p may have been a conservative price to take profits, but this was the target an so it's on to the next one.

cpxtarget2.PNG

Stay tuned for AIM Stocks to Watch!

Asher

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buen post, ya te sigo, sigueme espero tus aportes en mis post, saludos...

Muchas gracias :)

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Thank you @steemitboard! Now where's my kiss?

great and informative as always... thanks and i mentioned you in my milestone post cos you worth it...check it out!

This post has received a 3.40 % upvote from @booster thanks to: @abh12345.

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Hmm...its a good analysis..

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