Ashtead Share Discussion Threads

[disc0dave46] 16/1/2024 15:51

Thanks Mr bPoor Mr P is caught between a rock and a hard place, doesn't know if he's coming or going, bless.In fairness he's got more than the inflation plate to keep spinning. but even so his U turns are becoming as frequent as our politicians.

[bracke] 16/1/2024 14:58

Good day disc0

I think you will like this article or more to the point what it suggests!

[bracke] 15/1/2024 17:36

Good day disc0

"Without our cousins holding our hands today we seem directionless :("
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Par for the course.



I note the pesky Houthi have fired a missile and hit a US owned ship today, very naughty. I Presume the US will 'clobber' them for being so impertinent.

Almost as if the Houthi want the US to bomb them in order to draw in others. Where does it end?

[disc0dave46] 15/1/2024 15:25

Good day Mr bThanks for info.Without our cousins holding our hands today we seem directionless :(

[disc0dave46] 11/1/2024 19:55

Good evening Mr bYep the usual games.Core inflation did drop, okay not as much as forecast, but your talking tenths of error - no way can forecasts of such complexity and variability be predicted accurately anywsy. But everyone appears fixated.

[bracke] 11/1/2024 19:22

Good day disc0

All part of 'market games'.

[disc0dave46] 11/1/2024 18:03

So US inflation 3.4% v 3.2% forecast. A 0.2% miss and any excuse to shake trees even though it was forecast to increase from Novembers number.

[bracke] 11/1/2024 14:38

Good day fenners

"North Carolina and New Hampshire under water after storms - have Sunbelt got depots there to help ?"
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Maybe but are they under water as well?

[fenners66] 11/1/2024 11:20

North Carolina and New Hampshire under water after storms - have Sunbelt got depots there to help ?

[perfido] 11/1/2024 07:25

Posted in error, removed
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[bracke] 10/1/2024 17:47

Good day disc0

Yes.

[disc0dave46] 10/1/2024 13:30

Good day Mr b. Can't access the news on that link.Was it?:Bank of America cuts Ashtead Group to 'neutral' (buy) - price target 5,300 (6,000) pence

[bracke] 09/1/2024 18:05

Good day fenners

You will have noticed your pet hate occurred after the close at 16.30. The share price dropped.

Looking at the LSE data it is noticeable that there were a number of off book trades declared after the close. They may not have occurred after the close but were reported after the close.

I read recently that the algos will take advantage of the share price in the final second of the trading period.

AHT 1 MINUTE

[trt] 09/1/2024 16:56

£45 level looking more likely by the day.

[bracke] 09/1/2024 14:09

(17:30 GMT) United Rentals Price Target Announced at $500.00/Share by Morgan Stanley.

The share price closed yesterday at $550.83.

[perfido] 08/1/2024 22:51

8/1/24 close: ..Ashtead Group declined 0.98% following a downgrade to 'hold' at HSBC.
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[bracke] 08/1/2024 17:43

"well I’m assuming it was yesterday"
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It was from Friday close to today.

[bracke] 08/1/2024 17:41

I thought it worth adding the monthly chart which shows the long timescale wedge.

AHT MONTHLY

[disc0dave46] 08/1/2024 17:33

Good evening Mr bI was foolishly going on your previous posting where you said:"There are gaps at 5712, 5830, 6200 and 6328 but they are not yet within striking distance."And consequently another gap 5098 snookup on me yesterday!, well I'm assuming it was yesterday, which as you say is before the next one at 5712.

[bracke] 08/1/2024 17:11

Good day disc0

You are getting ahead of yourself or more accurately ahead of the share price 5098 comes first.

Hopefully you will be able to see the gaps to the upside in the chart link below. In total there are five - 5098, 5712, 5830, 6200 and 6328. 5712 occurred on 10 August 2023.

I draw your attention to the RSI shown at the bottom of the daily chart. It's continuing to descend although it does appear to have 'based' on the 4 hour chart.

Also pay attention to price action at the Fib levels.

AHT DAILY



AHT 4 HOUR

[disc0dave46] 08/1/2024 14:04

Thanks Mr b as ever for your foresight and pretty graphs. 5712 next gap fill then lol.Ps not doubting the master gap guru but when was the 5712 gap?, can't see it on your recent graphs so assume it may be a while ago?.

[bracke] 08/1/2024 12:40

The 4980 gap fill will have pleased those looking for a buy level including perfido.

In filling the gap another has been created to the upside at 5098.

In the interests of balance I feel I should mention that there is still a gap down at 2889....no I am not suggesting it is about to be filled. Barring a major meltdown I doubt it will be. Just thought I'd frighten a few, yes very nasty of me.

AHT DAILY

[trt] 08/1/2024 10:27

Could see £45 at this rate of decline.

[perfido] 08/1/2024 10:07

DD

Thanks, mission accomplished, bought some back at 5012, leaving a little for the next man :-)

As always thanks to bracke for his guidance on the gaps....
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