Get started
FERROGLOBE PLCFERROGLOBE PLCFERROGLOBE PLC

FERROGLOBE PLC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

GSM/N trade ideas

GSM - what I see – potential for a nice return vs. the risk.Rick, Here is what I see – potential for a nice return vs. the risk. I have attached the weekly chart for GSM and it is having a change in trend. It has now established an uptrend and I would look for another HH. If it makes a LL this will invalidate my idea of a continuation of the uptrend. Another point that is in the favor of an uptrend of the 200-period moving average. This is the first time this average is in an uptrend since September 2014. Does that really mean anything? Maybe or maybe not. But just another point to convince me that the trend might be sustainable. Entry is the line 1 ($4.70) and I have a stop at line 0 ($4.17). If it hits the stop we have put in a lower low. Line 4 ($6.30) is the first target, and brings in $3 for each $1 that is risked. Once profits are taken off at the first target, the stop is moved to break even. The second target is adjustable. Since this is a weekly chart, the expectation is this will probably take 1-2 months to hit the first profit target. As I always say, I am always right – 50% of the time!
NASDAQ:GSMLong
by Bubbalouie
FERROGLOBE Stock Chart Fibonacci Analysis 022024Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 5.1/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : B A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the bottom D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
NASDAQ:GSM
by fibonacci6180
$GSM is gonna fall todayPupm&Dump trading strategy idea. $GSM is rising too much today. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price today. So I opened a short position from $10,49; stop-loss — $11,18; take-profit — $9,12/MOC Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
NASDAQ:GSMShort
by KozakHlib
GSM Announces potential financing arrangements being discussedFerroglobe Announces Discussions with Ad Hoc Group of Noteholders and Key Financial Partners Ferroglobe PLC (the “Company”) entered into confidentiality agreements (the “Confidentiality Agreements”) with certain holders (the “Ad Hoc Group of Noteholders”) of the 9.375% Senior Notes due 2022 (the “Notes”) issued by the Company and Globe Specialty Metals, Inc., to facilitate discussions addressing the maturity of the Notes and the introduction of further capital to the Company. The key highlights of the potential financing arrangements being discussed between the AHG and the Company are as follows: A major recapitalization of the business with $100 million of additional liquidity which guarantees sufficient funding to implement the Company’s strategic plan $60 million of new super senior notes provided by existing Noteholders $40 million of new equity funding Significant extension of the Company’s debt maturity profile as a result of a par exchange of the Notes with new senior secured notes with a 5 year tenor Equity allocation of 3.75% to all supporting holders of the Notes facilitating greater alignment of all stakeholders with management on strategy and long-term value creation The Company is negotiating with key stakeholders, including its largest shareholder Grupo Villar Mir, S.A.U., the injection of equity that is required to implement the proposed plan and is aiming to enter into a binding agreement with the Ad Hoc Group of Noteholders and equity providers reflecting the outcome of the discussions as soon as possible (although no assurance can be made that the discussions will be successful or that the new funding will be implemented). The contemplated financings offer Ferroglobe a stronger balance sheet and incremental capital which, in turn, provide a sound foundation for transforming the Company. the Company has been diligently evaluating various refinancing options to address its senior notes, alongside raising incremental capital. Collectively we are working towards a comprehensive financing that eliminates near-term refinancing risks, providing greater operational flexibility, and secures cash for the implementation of our plan. finance.yahoo.com
NASDAQ:GSM
by AlenCiken
GSMGSM = A graph is worth a thousand words ... if we go to check the initial rectangle of the GSM quote and its RUN UP mode during the Bullish periods .. we see that from the current values in are 1.9 it has clearly crossed a long line which in my opinion leads to a long pace change in run up. I believe that at 80% it will bring the title to 12/31/2021 in the minimum area of $ 7 with an extension to $ 10 ... TITLE to be purchased in the area of 1.5 $ -2.5 $ and to be kept until indicated ... . Happy trading everyone ........
NASDAQ:GSMLong
by mauretto432
15