CMO new insider play

    Posted by matt on 31st of Oct 2018 at 10:48 pm

    CMO - Chart Link -  new insider long setup, quite a lot of insider buying between 10/29 - 10/31 by a CEO/Pres, Dir, CFO, EVP, and CIO. One could buy over the trendline with a tight stop

    Update: CMO new insider play

    Posted by matt on 1st of Nov 2018 at 02:28 pm

    CMO - Chart Link - sweet move on this one! looks to be targeting the 20 MA, I bought it on the open even though it gapped as it cleared that small resistance trendline

    based on a 10 year

    Posted by clearstream on 1st of Nov 2018 at 02:36 pm

    based on a 10 year chart they may rename themselves  "Capsize Mortgage"  Lol     Good short term trade however.  

    Update: CMO new insider play

    Posted by matt on 1st of Nov 2018 at 10:01 am

    CMO - Chart Link- new insider play from last night, wasn't much of a pattern except for that short trendline, was very oversold and extended away from the 9 EMA, gapped and I bought some on the open.  It's now cleared the 9 EMA. Because there was no real pattern I view it as a trade until some better pattern sets up, or just put a stop on it

    I liked how all the company executives bought, CEO/Pres, SVP, DIR, CIO, EVP, vs just some 10% owner which is usually a fund

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