Ashtead Share Discussion Threads

[broadwood] 13/5/2015 12:14

Well done. Keeps the pension pot healthy.

[2flatpack] 13/5/2015 12:02

bracke broadwood.
I am feeling particularly smug as I switched my short to long almost at the bottom and have now switch back to short.
Using fairly tight stop losses and small bets I am making a few bob.
I was hoping for a pull back before results to go back in heavy but if not I will look to short on results day.
I sold out most of my holdings last results day at 1212 to switch from isa to spread betting account, so still in profit.
Bracke
You are expecting a break up in the next week or so .
I an mainly cash, looking at the US it looks expensive and there is talk of a pullback .
Plus the Greek black swan is waiting to happen .
As always thanks for sharing your ideas
broadwood
AHT is a multi bagger for me I've held from 169p.
Cheers

[broadwood] 13/5/2015 10:55

Multi bagger for me - since 2010.

Classic growth stock making very dangerous to short especially ahead of results.

Each to his own.

[bracke] 13/5/2015 10:47

Good day 2flat

I presume you covered your short in profit?




The share price looks set for a triple top by approx 21 May. If it can break up then 1250 likely target.

[2flatpack] 13/5/2015 10:26

Maybe, or at resistance, time to switch to short maybe?
Cheers

[broadwood] 13/5/2015 10:06

All time highs in sight?

[lairddavid] 12/5/2015 18:10

What next ???

[bracke] 12/5/2015 13:38

Gap filled.

[discodave4] 12/5/2015 13:21

Apologies, yep paint it whatever colour you like........had it in my mind the yellow livery was part of their protected trademark/s, it's not.GLDD

[2flatpack] 12/5/2015 12:36

If you buy a machine I would assume you can do what the hell you want with it.
cheers

[james97] 12/5/2015 09:52

Given it was headed for Sunbelt then the UK branding rules would not apply.

[broadwood] 11/5/2015 21:26

DD _ I can assure you I wasn't dreaming!

[discodave4] 11/5/2015 17:51

Didn't think JCB allowed anything but their corporate yellow and JCB branding. Even when our Company has done work near their factory they would not allow us to use anything other than one of their JCB's........very image conscious and protective of their branding.DD

[broadwood] 11/5/2015 15:31

Just over a month to finals.

Passed a transporter on the M3 at the week- end carrying a JCB. Nicely painted in its new livery

Sunbelt Rentals.

[2flatpack] 11/5/2015 15:21

Looks to be resistance at 1175 placed a small short just to test it out.
sorry.
Cheers

[james97] 08/5/2015 10:03

The stock market likes the election result.

[bracke] 29/4/2015 17:00

That's a four day 'chunky' retrace but not unusual if you view the Daily chart.

I have a lower parallel at 1090 which it looks very probable to reach and maybe a trip further down to the Daily SMA 200 at 1050.

[bracke] 27/4/2015 15:00

Ref Greece

Odds on it will end with some sort of 'fudge'. If there is one thing the EU is good at it's 'fudges'

[2flatpack] 27/4/2015 14:28

bracke
Thanks for your thoughts .
I am unsure what constitutes a double or triple top so when I read an article which gave 3% as a guide and this is the only hard figure I have seen,I asked the question "Was that the triple top".
God Bless the Greeks it seems no one else will.
Cheers

[bracke] 27/4/2015 13:17

2flat

I did not want to comment on the gist of your post until I fully understood your calculation. Now that I do.......On Friday the share price intraday high 1185.

I was unaware of the 3% 'rule'. I can only speak for myself but as far as I am concerned the Friday high did not form a triple top. There are now two possibilities:

1 It retraces and then continues up to form a genuine triple top.

or

2 It continues down below the last swing low at 1044 which would mean that the 1185 Friday high was a lower high.

A retrace was to be expected before continuing up. Currently the most likely event which could 'put a spanner in the works' is a Greek default.

[2flatpack] 27/4/2015 12:12

bracke
I think it takes more than a typo to confuse you.
Thanks for the correction.
I note you have not commented on the gist of my post.
Cheers

[bracke] 27/4/2015 11:30

Good day 2flat

I am confused with your calculation. If the top is 1219 and 3% is 36.57 is not the calculation 1219 - 36.57 = 1182.43?

[2flatpack] 27/4/2015 09:05

Was that the triple top?
As I understand it, if the peak is within 3%, it counts as a triple, so 3% of 1219 is eer! 36.57 so any thing above 1282.43 will do.
I wait to be corrected.
Cheers

[bracke] 23/4/2015 10:58

Gap filled.

Just needs an announcement that there is an agreement on the Greek situation, even if it's a 'can kick'. The market will spike and AHT goes to a triple top.

[james97] 22/4/2015 21:11

That's still a rebound from the unofficial 5% down in after hours trade