So many beautiful things in this market...But only so much money to go around... i really need to pull from something and put a little here.Longby MikeMM223
Cineplex $16.40 target Nice breakout to the upside on the monthly and weekly here We want to see that follow thru over the rest of the week I am looking at some monthly calls at $16 for November New James Bond October 8th you already know I will be there Longby AthenaCapitalUpdated 114
Weekly Cup & Handle - CineplexWeekly Cup & handle formation spotted on $CGX.TO. Canada is opening up, the possibility of another lockdown is low with an upcoming election. If the liberal party wins for the next term, CGX will benefit due to Liberal party's plan to support hard-hit businesses with the Arts and Culture Recovery Program. (liberal.ca) Basically the government will match ticket sales to compensate for reduced capacity. With the cineworld lawsuit happening in Sept 13th (due to last 3-4 weeks), Cineplex has a lot of upside potentials and events to look out for. Exciting things ahead for Cineplex. Longby avedj94113
Cineplex CGX possible double bottom reversal, Bullish daily RSICineplex has potentially formed a double bottom here with a price target of around 22 dollars. Supporting this is the Daily RSI which should break out of the descending wedge any time soon now. Key resistances are shown on the chart. Ontario full reopening soon on or after the 16th of August with many blockbusters crammed between fall and new years. Also the lawsuit with Cineworld should settle around September-October. Longby FartSauce420692
Cineplex going up !!!Cineplex trading in the channel pattern with the strong uptrend my 1st target is $ 20 and next one is $ 25. Longby Pirate1791
Canada Reopening in 5...4...3.. :Potential Weekly Inverse H&S $CGX's pattern currently looks like it could be forming an inverse H&S on a weekly. If validated, the target would be around $27. Canada is progressing very nicely in vaccination effort, with COVID case counts being steadily being lowered. Once the economy is reopened, 2021 is packed with good movie releases and Cineplex will soon be able to boom once more. Longby avedj94112
Clear Retracement at 50%; GeneralTrend continuation The more often a stock attempts to break through resistance, and retraces less each time is a sign that there is an increased likelihood that the stock will break the resistance and breakout out of its current range, so this should be an indication to buy the stock. This might be basic but, I'm learning that publishing my ideas that I discover through my own analysis; because I'm looking for a trade group to share doing research with. Buy the dip after encountering resistance which is now becoming support. 1-3 month trade window for long positions. I don't short the market yet. 1-2% of your capital on each trade, to avoid great losses. Slow gains are better than any type of loss. Hold cash for surprises. Use a combination of Bollinger bands with 50 EMA, 200 EMA for trend affirmation, Fib Retracements for entry points, establish channel/range, up/downtrend, do daily research, interpret the news, flip a stock on the news for fun but don't hold it unless you've done the research. Companies that are bought do great in the short term, discussions about buying stocks does really good things for the stock, but in the long run, the company doing the buying will end up doing just as well? This is something I'm curious of. Pandemic related; how long will it take to get back to pre-pandemic levels? I believe this one to be a long road, but there will be spikes, buy now, and sit on this one - we all miss a big movie screen. This past week my stock picks have outperformed the TSX, NASDAQ, DOW and the S&P 500. I started trading in February 2021. Do you have any thoughts, comments, reactions, useful bits of advice? Constructive criticism welcome.by massiveKing887650
Are Canadians going to head back to the movie theatres?I like how constructively Cineplex behaves around 50 Day MALongby learn2trade222
CGX - Daily hidden bullish divergencePrice has been making higher lows, while the rsi has been making lower lows over the last couple of weeks - with the Canadian vaccination effort taking off, I expect the market to behave similarly like that of the US (CNK, AMC..etc). Longby avedj940
Cineplex: Daily Inverse H&S Looks like Cineplex is attempting to break out of the blue resistance - There is an inverse H & S pattern occurring on Cineplex on the daily. I posted mid-October that Cineplex has been consolidating near $5, now it has more than doubled since then. Target from this pattern is going to be around $17. Some events that will help cineplex bust through this pattern: 1) Wall Street Bets coming onboard - It's crazy out there and WSB has been influencing the market in a way that I've never seen before. Not likely though, but $CGX has benefited from AMC going through the roof today. 2) Additional/consistent vaccine roll-out. 3) Easing of lockdowns Some events that will slow down cineplex: 1) Prolonged lockdowns 2) Significant Vaccine delays Longby avedj94Updated 112
Cineplex consolidation after massive sell-offDaily bullish divergence on the RSI - the price of CGX has printed a lower low with a higher low RSI, with the daily MACD also crossing over. Price has been consolidating on the 10 day MA. Current price reflects people's emotions and fears about the company and industry in general - and this can mean you can bet against that emotion and win big potentially (and can lose big, potentially). Covid-19 has been depressing for the entertainment industry and its uncertainty has been the driving force of negative momentum over the last couple of months. Risky bet, but might pay out in the long run. Longby avedj94Updated 445
Cineplex LONG yes really Sometimes trading doesn't have to be hard, just buy good businesses. Here is your chance of buying a highly efficient business with strong margins over 50% recently valued at 2.2 Billion / $33 share. Currently trading at $9.58 Aside from the march low of $6.30 due to covid you have to go all the way back to 2004 to find it trading at this price. Think back to 2004 for a minute, Facebook was just beginning, IPhones didn't even exist. I personally own 5000 shares of it around $8 and plan to hold it for years to come. Longby AthenaCapital442
Cineplex Inc - Daily - Long OpportunityAfter the coronovirus outbreak and lockdown, this Cinema stock has lost almost 80% of its value and has found its support at 6-7$ per share. Additionally note that the price has just broken and rejected the 50 Moving Average as confirmation for a long entry. This is a massive long term opportunity, the company financials appear to be solid with constant growth and good free cash flow position in pre-covid period. Always keep in mind it is a game of probabilities!Longby SCV_Trading1
CGX 4H TimeFrame Analysis (ID 78)Information Position: Long # of Stocks: 3 Price: 7.71Longby St-CapitalFundUpdated 0
CGX needs to keep this uptrend and get back over 28$CGX has fallen off a cliff since ATH,. It's attempting to form a Higher Low on the weekly, needs to be set above 22,88 $ and see a Higher High first over 26,32, and then 28,91$by The_Agent_K1
CGX Bottom pickingCGX Liking this one in the 31 area. Has based and broken downward trend line and is above the 200 SMA. Want to see it test and hold this area. Would be an add to my position account.Longby WadeYendall4
Short Term Price surge alertBullish MACD crossing in situ, RSI in bullish formation, Bollinger bands are a little wild indicating the path with the least resistance will be..............Bullish to a minimum of 30$ plus. Longby isnarain0
Cineplex Inc - Stock Prices on Trading ViewThis is a display of current stock prices for Cineplex Inc. (TSE-CGX)by mmcewan3