Ashtead Share Discussion Threads

[fludde] 18/2/2015 12:32

5 years since I looked at this. I think that is called missing the boat!

[bracke] 18/2/2015 12:17

I suspect much depends on this:



The Germans don't want a loan to be given to the Greeks.

[james97] 18/2/2015 12:09

This looks like it may be a more serious attempt to break through £11 than the last few.

[bracke] 15/2/2015 13:20

Good day topcar

Ref BLNX

The chart looks like that of a typical AIM share. A high of 235 in November 2013 and a low of 23 in November 2014.

Since October 2014 the share price has been in a range 23-30. It is currently at the top of the range. It has recently 'moved' above the 50 DMA and the 100 DMA. It is more accurate to say that the two DMAs' have slid under the share price

It was at the top of the range in early January, was unable to break out and dropped back to the bottom of the range at 24. It tried again and did reach the top of the range, could not break through and dropped back but only to the middle of the range at 27 from where it has risen to its current position.

It requires a 'shot' of buying volume to push it through the range and keep it there. Looking at the volume it appears a couple of attempts have been made but were insufficient.

Short term buying suggests buy at 23/24 and sell at 30.

Short term selling suggests sell at 30 with a stop at 32.

Longer term buying

1 Buy at 23/24. Put away and keep fingers crossed.

OR

2 Wait until it holds above 30.

AIM shares can be very volatile. One piece of news or rumour can send them soaring or plunging but you knew that already didn't you!

[clarky5150] 14/2/2015 19:29

Bloody hell stranger! Is that the real topcar or an imitator. The real McCoy knows how many wheels a London cab has after a free IG soirée.

[topcar] 14/2/2015 11:43

Bracke, what are your thoughts on BLNX chart wise ? tia.

[bracke] 14/2/2015 10:55

Friday's drop was a little odd given that the market was up.

The share price has dropped below the symmetrical wedge but beware false breaks.

If it continues down, first support is probably 1049. If that fails to hold then 1030ish.

But we must remember that this is AHT and AHT does like to surprise!

[matt123d] 13/2/2015 22:19

Both sides getting chopped up here on the inside month. Now have an outside week to close out so below 1070p on Monday confirms the candle.

[clarky5150] 12/2/2015 11:28

Keep bouncing off that 1100 ceiling is giving me a headache!

[topcar] 10/2/2015 15:01

Looking at BLNX, it might be about to turn, gap fill july 14, 30-80 ??
Worth a look in my strong oppinion !!

[bracke] 09/2/2015 11:03

Good day fingers

Thanks for your explanatory chart.

I suspect the Greece situation is likely to have an impact on the direction of this share price and the rest.

[matt123d] 07/2/2015 22:33

It's an inside month and an inside quarter. No discernible medium term direction until the month resolves.

The prior two weekly candles say it all.

[bracke] 07/2/2015 13:07

Good day fingers

I note the Apex on your chart is later than mine.

I have placed the lower line of the wedge commencing at the January low shown on your chart

[uppompeii] 06/2/2015 17:18

* week Wednesday

[bracke] 06/2/2015 14:58

Good day fenners

You'r out of hibernation early. Beware of cold snaps.

If the share price is to revisit old highs the first test comes at the upper line of a horizontal wedge which is currently at approx 1117. The lower line is approx 1063.

I have the wedge lines reaching the apex on 18 February i.e. next Wednesday. It could pass straight through the wedge and continue sideways but that is not the 'norm'

[fenners66] 06/2/2015 14:43

US 1million jobs added in 3 months!

[gbb483] 04/2/2015 14:50

JeffCranbounre 3 Feb'15 - 19:46 (Filtered)

[binliners] 03/2/2015 18:28

Had a phone call and email from Kucher Partners asking me to confirm my Ashtead holding..Fairly sure this is a scam so be aware!