Ashtead Share Discussion Threads

[amaretto1] 17/5/2016 17:47

Cheers Bracke, it has reasons to break through this time !

[bracke] 17/5/2016 17:44

amaretto

The share price is in a rising channel making higher highs and higher lows. Resistance is at 1466. After a couple of previous attempts it broke up and reached 1516. It then retraced below 1466 which if you are long is a disappointment. Resistance once broken often becomes support....but it didn't.

I suspect that it will try to break back up above 1466. If it does the target will be beyond 1516 but if it fails then the probability is a drop back to 1400.

[amaretto1] 17/5/2016 17:19

bracke, what are your thoughts GSK ?

[bracke] 17/5/2016 17:14

The share price is now at the moment of truth. It's been here previously and was found 'wanting'. It needs to break up. If it does then 955-960 but it may want a retrace first to say 910 before pushing up.

Failure to break up or continuing drop below 910 and there is to-days opening gap to consider......

As for you 2flat.....shorting; what a carpetbagger!

[2flatpack] 17/5/2016 16:41

Switched my long to a short ready for the morning.
The hedge funds don't take any notice of the analysts .
Cheers
PS. first time I can remember holding the two Top Movers, long may it continue..

[discodave4] 17/5/2016 15:23

Thanks broadwood.DD

[bracke] 17/5/2016 10:34

fenners

DOW closed up 176.

2flat

The true volume can be delayed. Only becomes apparent at the end of the day.

[fenners66] 17/5/2016 10:25

Dow up over 200 yesterday, ?

[discodave4] 17/5/2016 10:04

Broker upgrade?.....can't be due to a new NED.DD

[2flatpack] 17/5/2016 09:25

From yesterdays close the share price is up 40p on 534,000 volume .
It looks to me a very dubious move, but as always I live in hope, with my finger on the sell button.
Cheers

[2flatpack] 17/5/2016 08:37

Disclosed shorts up.
From Short Interest Tracker.
AQR Capital Management, LLC 0.61% ↑ 0.11% 2016-05-12
Blue Ridge Capital, L.L.C 1.23% ↑ 0.09% 2016-02-10
CPMG, Inc 1.42% ↑ 0.04% 2016-01-28
Eminence Capital, LP 0.73% ↑ 0.11% 2016-04-22
Total 3.99%
.
Cheers

[discodave4] 16/5/2016 20:01

Thanks Bracke.As a longer term investor, rather than day trader, it doesn't influence my decision one way or another but from a technical perspective there is no reason at all IMV why the trades cannot be registered correctly rather than rely on software interpolating/guessing.At least if it gets to parliament it may lead to other debates about the need for tighter controls, particularly in AIM......not just AIM either!.....a level playing field would be nice but somehow doubt it will ever happen!.DD

[bracke] 16/5/2016 18:39

Disco

I signed but whether the government will do anything I very much doubt.

[bracke] 15/5/2016 12:08

Thanks for the coconut 2flat

The DOW took a dive on Friday to close at 17535 which was the lowest close since 28 March also 17535. If the current fall is a shakeout due to poor US earnings no big problem. A further fall and hold below 17500 will target 17400 after that you will not want to read.

[2flatpack] 14/5/2016 00:28

On the nose again.
Give the man with the third eye a coconut .
Well done.
Cheers

[bracke] 13/5/2016 16:47

The last low at 865 tested (who was it said that was likely...oh yes it was me!!)

865 held.......so far.

[bracke] 12/5/2016 16:13

The Chart

An unsuccessful half hearted attempt to break above 900.

The likelyhood is a test of the last low at 865 failure to hold and 847 the next possible support.

[bracke] 09/5/2016 18:40

Holding in Company

Black Rock Inc

Indirect increase 1,023,099 to 25,250,225 (5.01%).

[1staxs] 09/5/2016 16:20

Umm, Oil starting to turn, miners getting slammed (deservedly (copper never rose as much as the miners did for example)), markets looking weak and the barren land soon between earning seasons, China still popping out poor data (and probably a touch on the rosy side as they always do).... the whiff is a touch stronger. Still short FTSE, now short oil too.

[xxx] 05/5/2016 09:54

To my eyes it was a triangle, which has broken to the upside giving a minimum target of 995.Now lets see...

[1staxs] 04/5/2016 23:32

Still short FTSE, and halved my position in AHT this week. Bounced down off the 100 DMA and we are either in a temp market correction off some pretty poor market data after a decent bounce from Feb or on the cusp of something far more sinister. Beware.....

Dollar is on the cusp of a technical break down below the 93 mark on DXY chart (daily). This would hurt AHT further..... Its not Armageddon yet but I don't like the whiff of it at the moment.

Results should be good but you dont want to be holding this puppy if it all goes pear shaped on the global forward outlook.

[bracke] 04/5/2016 11:38

Good day 2flat

'Should have gone to SpecSavers'.

No third eye just thousands of hours looking at charts.....yes I know it's very sad.