Ashtead Share Discussion Threads

[bracke] 10/10/2014 15:30

Holding in Company

BlackRock INC

Reduction from 9.57% to below 5%

Holding was 48,183,611 which is reduced by a minimum of 23 Million leaving them with a maximum of 25.18 Million.

[bracke] 10/10/2014 15:19

2flat

Us Gurus' tend to hedge on questions like that. Rather than trying to second guess the market it is easier if I concentrate on AHT after all that is your interest.

As I have posted it needs to hold above the Daily SMA 200 currently at 897. If it does drop below you would be looking for a retest from below, failure to move above the level would suggest further drop to 853 which was the last swing low.

If the share price holds above the Daily SMA 200 you would be looking for a fill of today's gap and then continuing up to test 1000.

As far as the wider market goes........If the DOW drops and closes below the lower channel line currently approx 16,585 (it did today but broke back up above it) then again a retest would be required. If this failed look out below.

I hope this is of some assistance.

[2flatpack] 10/10/2014 14:52

Bracke
How long?
cheers

[bracke] 10/10/2014 14:49

2flat

I take the view that no matter what the system or technique is used if it is profitable that's all that matters.

If the market fall we have seen recently is simply a pullback you could do well. If it is a reversal then you may need to exit before loss becomes large. We should not have too long to wait to find out.

I wish you well with your investment.

[2flatpack] 10/10/2014 14:35

bracke
as we have discussed previously my tool are very simplistic but have served me well, along with your more sophisticated observations
As you say there are many concerns at the moment not least the ii's selling.
It's a choice for me of pulling out, or investing in companies which will buck the world trend .AHT for me is the best I can find at the moment, exposure to the best performing market, the improved currency rate and of course the ability of the US to be isolationist when they want to be. Plus I've saved the best to last Good Old Aunty Janet.
I have not a clue on the share price short term but for me its the best investment I can find medium and long term.
Cheers

[bracke] 10/10/2014 13:51

2flat

It's also at the Daily SMA 200 - 897. Failure to hold above this zone would be concerning.

[2flatpack] 10/10/2014 12:42

bracke
Its at the bottom of my channel
cheers

[bracke] 10/10/2014 11:02

optomistic

I should think so too!



2flat

Why do you think the drop has ceased?

Please don't reply 'because it has dropped a long way'.

[2flatpack] 10/10/2014 10:47

Topped up @ 910
onward and upwards,
our cousin's will have forgotten about the rest of the would by lunch time.
I hope.
cheers

[optomistic] 10/10/2014 10:28

Bracke, I'll have a pot of M&S tea and think about it :-/

[optomistic] 10/10/2014 10:12

Did I mention short a couple of days ago...oh dear done it again, sorry Bracke :-/

[bracke] 10/10/2014 09:57

No I'm not posting a word about it.

[bracke] 09/10/2014 14:53

LAIRD

Not wanting to cause panic among the brethren but there is a larger gap some way lower.

[lairddavid] 09/10/2014 14:05

Edit

Only 27p away from the August gap then.....upwards and onwards.

[bracke] 09/10/2014 14:02

And today's gap filled. Wasn't that neat.

[bracke] 09/10/2014 12:02

Gap to the upside filled but as Monday it could not hold. Now there is a gap to the downside from yesterday's close to today's open.

[uppompeii] 08/10/2014 13:38

opto - was it : "there's no fool like...." daren't finish...

[bracke] 08/10/2014 12:30

M&S! Trading must be good!





'United Rentals Inc. URI, -7.28% : The equipment rental company closed down 7.3% for the worst performance in the S&P 500. Bank of America analysts downgraded the company’s stock to hold on Tuesday, according to published reports.'

[optomistic] 08/10/2014 12:10

Marks & spencer 'Extra Strong loose tea' Bracke
Thanks for the education, interesting :-)

[bracke] 08/10/2014 11:45

optomistic




Lapsang Souchong I presume?

[optomistic] 08/10/2014 11:21

Good morning Bracke...that put two of us in place in one fell swoop (old saying , don't know its origin but it seems to fit the bill well) that's another one LOL
...back to my pot of tea :-/

[bracke] 08/10/2014 11:15

"Tempted with a short yet Bracke?"
===================================

How could you ask such a question! There are sensitive shareholders reading this thread. To mention the word 'SHORT' is not a nice thing to do. Consider yourself reprimanded.

uppompeii

Less of the 'old' if you please. I am just getting into my stride.


The SP

One gap filled another opened. There are gaps below with a main one at 8/11 August - 869.5.

Data from the FED today may decide whether the share price rises to fill the opening gap or continues down. If it does rise and fills the gap it is decision time. Look at the price action following the gap fill on Monday

[lairddavid] 08/10/2014 11:13

At least there is another gap to report!!!

[optomistic] 08/10/2014 11:04

uppompeii
Gurus never wear out, a little frayed at the edges perhaps but never worn out.