Tt Electronics Share Discussion Threads

[dlku] 07/10/2014 17:49

can see it testing 130p

car market screeching to a halt

[cockneyrebel] 07/10/2014 17:46

I can't see anything wrong with the directors buying here so something is causing the weakness. Might be a forced seller but wondering if they are going to make a bid for VLX perhaps?

The old CEO Geraint Anderson went to VLX as a non exec a year ago coincidentally.

In the middle of June there was huge volume in both stocks - someone moving their money from TTG to VLX ahead of a bid? VLX has been firming since then and TTG falling.

VLX £75m, TTG £250m so a nice fit.

Pure speculation but making me wonder if TTG are buying something even if VLX isn't the target.

CR

[matt123d] 07/10/2014 16:45

Full time frame continuity to the downside in full effect coming into the 158p measured move. Someone's keen to exit here.

[matt123d] 06/10/2014 16:54

US listed GT Advanced Technologies filed for chapter 11 bankruptcy.

[wanttowin] 05/10/2014 19:57

I think it means when an employed pensioner (in a zimmerframe) has a large bowel movement,which is prevented from cessation by an over active starfish,rogered daily and twice on Sundays!… Lol

[zimbi] 05/10/2014 17:31

Surely nobody reads matt123ds posts anymore?

[cestnous] 05/10/2014 11:27

OK Matt, here's a question. What the fug does this mean?

"when there's full time frame continuity with a closing inside day to finish the week."

Jargon.

[matt123d] 05/10/2014 03:36

Agree, the statement didn't have any substance, sometimes get a little carried away when there's full time frame continuity with a closing inside day to finish the week. There's an equilibrium formation between buyers and sellers meaning supply/demand has reached a stale mate. Two scenarios can play out that can lead to a break of that equilibrium and create a trading opportunity. No predictions required here, just to react on the break of the inside day. If you ever have any questions feel few to ask as I will give unbiased advice without opinion.

[wanttowin] 04/10/2014 21:27

matt123d..
I think you have posted on these threads with CR long enough to know full well he makes money,and has a good reputation. I quite enjoy your TA analysis but have to admit at times it has a tendency to baffle.

However your simple post 2708. "I'd be cautious of something negative looming here that could severely impact price" seems just to be thrown in rather wildly,without any substance.

Plenty of good stocks like this have dropped off since March,just a question of choosing ones that are ripe for a bounce. My simple view of the chart here shows good support at 160 so I grabbed a few, might not be the bottom but hey nobody gets it right all the time.

[cockneyrebel] 04/10/2014 15:53

I'm definitely making money don't you worry. I was confident of my long mkt call on Friday when you were saying disaster was imminent.

Chart trends are all that interest me and if you couldn't see the S&P hadn't fallen over then you're not looking in the right places imo.

All this inside week engulfing ballax is just voodoo stuff - it isn't complicate. If you understand a stock in addition to a trend on the chart then you're more than a one trick pony imo.

Sentiment is easily weakened in many stocks when the general market sentiment is weak - it's about beta. The FTSE Small Cap index topped in Feb - just as TTG did. As the SMX falls the high beta small caps fall more. When the Small Cap Index rises then the high beta small caps rise sharpest - hence the sharp spikes on TTG as the small cap index rose imo.

"Fighting a losing battle with you". Perhaps you are but when you make a carp call on the market on Thursday telling me I'm looking at the wrong indicators then you turn turtle on Friday and go in my direction then can you blame me being a sceptic of your system?

CR

[matt123d] 04/10/2014 15:40

Fighting a losing battle with you. The above chart is completely different to the current time frame analysis. The FLYB held the triangle and turned green on the new week to give a valid long signal off the bottom. Market panic indicators highlight potential reversal areas with the put/call ratio. You have to remember that new time frames and hence new participants come about in all time increments down to 1min. Two of the three major time frames (day and week) change on Monday therefore new signals. I'm not calling any direction and never do, I'm trading what I see and can change my trading decisions down to 1minute time frames, TA is about being flexible and acting immediately on new signals in either direction. Nothing wrong with having opinions but you seem very fixed and set in your ways. Only you know whether you're making money in his environment.

[cockneyrebel] 04/10/2014 15:26

A chartist would have said the same last year imo - only to miss a cracking rise:


free stock charts from uk.advfn.com

[matt123d] 04/10/2014 14:52

There's a difference between "chart falling over" (how do you quantify that statement) and full time frame continuity. If you class yourself as a trader and follow TA and are long this stock then you're seeing something I'm not.

[cockneyrebel] 04/10/2014 14:38

a bit like this random call of yours I think.

"FLYB
matt123d - 12 Aug 2014 - 12:04:44 - 4487 of 4831
Right back to the bottom of the triangle again. It has to expand at some point and it's currently pointing to a downside expansion, 99p."

We can all guess a stock is going down when we want it to imo.

CR

[cockneyrebel] 04/10/2014 14:33

So just a guess then. I could guess at any share like that. Like RSW yesterday - directors had been buying a months ago, chart was falling over, then they come out with a cracking trading statement yesterday with sales rocketing.

I didn't guess - I bought after the directors bought. Paid off for me on Friday and I think it will pay off for me here too.

CR

[matt123d] 04/10/2014 13:51

All true but everyone knows that information. It's the unknown which catches you out! XAR directors were buying all the way down. Let's see what develops from that inside day but like I said in my prior post currently full time frame continuity to the downside so if you're long you're in a losing position like every other participant in this stock who's taken a fresh position this year.

[cockneyrebel] 04/10/2014 13:06

So why would that be mat123d? Want to elaborate?

When there's been 4 director buy RNS statements in the last 6 weeks or so.

When H1 was in-line and they raised the dividend.

And a new CEO from July and the acquisition of Roxpur which is immediately earnings enhances and could add as much as 20% to the operating profit this year imo.

Or are you just posting a negative one liner because you're keen to buy?

CR

[matt123d] 04/10/2014 12:50

I'd be cautious of something negative looming here that could severely impact price.

[wanttowin] 03/10/2014 20:54

I'm with you then matt,must be blue soon. Bought a few today,historic support at 160 imo.

[matt123d] 03/10/2014 16:49

Going inside day to finish the week. Monday will be decision day here as to whether it's an inside day down to break the quarter or inside day up setup to retake the monthly opening. Currently inside month and down.Red on the year, quarter, month, week and day so doesn't get more bearish than this.

[cockneyrebel] 03/10/2014 15:10

Directors seem pretty keen.

4 x Director buy RNS announcements since the results in August, as recent as this week too.

CR

[matt123d] 03/10/2014 13:56

Would be concerned if they can't close this green today with the wider averages up 1%.

[matt123d] 01/10/2014 10:59

158p would be a potential level of demand. Would only be a buyer for a short term bounce off the triangle.

[yorgi] 01/10/2014 10:52

Not sure what you are seeing Matt but probably too many shorts in a glass :-)