Ashtead Share Discussion Threads

[bracke] 16/8/2014 11:29

A good week for the share price Tested 920 but market drop on Friday afternoon put paid to any chance of breaking up.

Perhaps another try next week.

[bracke] 12/8/2014 11:37

2flat

Thanks for pointing that out.

[2flatpack] 12/8/2014 11:17

Bracke
and Ex divi
Cheers

[bracke] 12/8/2014 10:44

Further to my post above I should mention that before a higher high it will have to get past a s/r zone at 920.

[bracke] 11/8/2014 15:35

A good rise to-day to fill both of last week's opening gaps but in doing so has created another to-day. The need now is for a higher high ie. above 959.

[bracke] 08/8/2014 16:58

850 held and to-days opening gap filled.

Tuesday/Wednesday gap to fill. Maybe next week.

[bracke] 08/8/2014 10:29

Is that another gap! Yes I do believe it is.

SP down to 850 which is generally the trendline operating since April 2013. It is also another trendline on my chart.

The Daily SMA 200 is a few points lower at 832.

Barring increased global grief the share price should receive support at the above zones. Failing that the long term trendline at 800 would be the next likely target.

[fz13] 08/8/2014 10:26

my buy order triggered at @ 855 today - hope that's the bottom!

[discodave4] 08/8/2014 09:03

See what happens when you mention gaps!!.GLDD

[2flatpack] 08/8/2014 08:41

URI closed down 0.25%
AHT open down near 3%
Like bracke's charts totally beyond me.
Cheers

[discodave4] 07/8/2014 20:17

Not back to chuffing gaps again!.DD

[bracke] 07/8/2014 14:16

It might be Birling.

[2flatpack] 07/8/2014 13:48

WATFORD get the fire lighters and looking glass out.
Its that time again.
cheers

[bracke] 07/8/2014 12:35

Did I mention the gap? No I thought not.

There is an opening gap from close on Tuesday at 887.5 and the high on Wednesday at 881.

Just thought you may like to know.

[discodave4] 06/8/2014 19:30

Thanks Bracke,Closed at 871 so will take that (providing it goes up tomorrow!).Will keep trying, be more patient and take on-board the fact that's it's not an exact science and as you say its about probability, trends, zones and intuition.GLDD

[bracke] 06/8/2014 15:49

Disco

Just because it failed to stop bang on 873 does not mean you were wrong. Support/Resistance is often a zone ie. approx 873.

Price may not always respond to a 'zone' every time.

TA is about probability. No one gets it correct every time that's why we use stops.

Happy TAing.

[discodave4] 06/8/2014 15:34

Bracke,My one and only attempt at TA and......failed!, 873 come and gone, it didn't find support there at the 150SMA.....or does close matter rather than intra?. Please give Me some hope! Lol.DD

[bracke] 06/8/2014 13:17

2flat

Fair enough.

[2flatpack] 06/8/2014 13:11

bracke
I bought because of the reasons given.
I think it is near the bottom using my own up trend I think the bottom is 855 top is 1000 so for me more upside than down but if not I am sure it will come back. Very simplistic but that's me
Cheers

[bracke] 06/8/2014 12:45

2flat

Whether you are a trader of an investor is immaterial. What I was getting at was why you had decided to buy at the price you did.

I presume you thought it was close to the bottom. I was asking why you thought that.

Maybe you were not greatly bothered if it was near the bottom or not. You simply decided to buy because it had dropped some distance, thought it worth a buy and will hold on the expectation that at some point in the future it will rise again.

Please do not interpret my posts as critical or aggressive that is not my intention. I was just interested in why the buy at the price.

[2flatpack] 06/8/2014 12:32

bracke
looking back I find my buying and selling have not gained me very much.
My profits have come from the rise in share price from my initial investment @ 169 .So I have decided I am not a trader. Although I have some fund and if the share price drops to the levels discussed I will be buying hopefully near the bottom.as ever live in hope.
cheers

[bracke] 06/8/2014 12:11

2flat

Other than the share price has dropped some way there was no other factor apart from optimism?

[2flatpack] 06/8/2014 11:56

I have reverted to an investor or AHT'er
It will be 1100 next year
and someone has to stop the rot.
cheers

[bracke] 06/8/2014 11:21

2flat

What were the factors that made you think 867 was a good point to buy?

[2flatpack] 06/8/2014 11:03

as always perverse
I am back in 100% @ 8.67, bargain?
cheers