Pizzaexpress Share Discussion Threads

[byrdsong] 23/4/2002 00:16

2Deano

I shorted it again for a quick 10 pts this am. At time of writing klwt is defending 682 bid. This is an area of support. If it does a dead cat it could bounce to 730 ish from here b4 the sellers get in again.

Watching.

[2deano] 22/4/2002 10:09

BYRDSONG,

Support levels broken and hitting new 52 wk lows. It could be heading towards low 600's.

Regards.

[byrdsong] 20/4/2002 21:45

numis change quite quick, since ic only reported their add stance this week. numis gave lots of good reasons to buy.......

hsbc also reckoned to be trimming back numbers according to sat's Telegraph.

[byrdsong] 19/4/2002 14:43

THX 2Deano

I covered at 725.

[2deano] 19/4/2002 14:14

NUMIS changed stance to SELL

[byrdsong] 19/4/2002 10:19

Short from 783 yesterday. Anyone know reason for todays drop?

[byrdsong] 05/3/2002 00:54

covered at 755

now long at 760

Is it going to fill the gap to 800?

[byrdsong] 01/3/2002 09:48

short again yesterday from 762. still coming off despite appt today

[gusone] 19/10/2001 00:13

I ve already posted my salad dressing theory recently. Piz continues to be stingy with salad dressing on their salads. a suspiciosu sign that could suggest that costs are being tightened. A profit warning may be on it's way.

[sdawson] 17/10/2001 23:44

I prefer to make my own ;)

[cymro] 17/10/2001 22:54

If you want a decent pizza, have a night in and order a Domino's while you read the DOM thread to see and taste just how good they are ;-)

cymro

[sdawson] 17/10/2001 19:33

The rally has stalled in an old congestion area (from March-May of this year). It's also right on the 200 day moving average. Maybe time to short it again soon?

[mightyginger] 17/9/2001 23:25

Anyone looking at Pizza express? Most shares will obviously have been falling of late. There are quite a lot of shares that have been falling for 8 days but only a couple for 9. This is one of them.

Pizza express seems to have broken through a fairly major line or resistance of 870-850 (or there abouts) which is signalled by the peak in early 2000 and the two troughs in the second quarter of this year (also travels back as far as 1997, lots of peaks supporting this trendline). There doesn't seem to be any real substanial resistance until you get to the mid £7 mark.

It's also worth noting there's a clear head and shoulders that has formed. PIZ looks, as my friend Dave would say, like "head and shoulders city". A clear example would be 1999 where you've got a head and shoulders on the head of a major year head and shoulders.

Anyway, I'm looking at this for a short over the next week or so. Are there any TA guru's out there who could give me their opinions on this one please.

Neil.