Ashtead Share Discussion Threads

[bracke] 18/8/2014 16:41

Another attempt at 920 but did not retreat very far back from it.

The upward direction of the markets suggests it is only a matter of 'when' not 'if'.

[bracke] 18/8/2014 14:24

No you did not mistype but you could have typed 'only needs an open minded reader'.

[uppompeii] 18/8/2014 14:19

For a second I though I had typed "special needs". Easy mistake..phew

[bracke] 18/8/2014 14:16

Good afternoon uppompeii

Yes you are correct.

In this case someone who gives freely and modestly of their considerably expertise.

[uppompeii] 18/8/2014 14:11

Oh the life of an Elite Guru. It takes a special kind to fill that role.

[bracke] 17/8/2014 15:12

Disco

You have to appreciate that some of us eg Elite Gurus, like what I am; take these things very seriously. Mocking is not tolerated and can result in 'the management' making a call to enforce the point!


2flat

"do you see the end of QE and interest rate rises in US as positive or negative for aht."
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What a question. The short answer is 'I don't know.'

It does mean the end of 'cheap' money although interest rates are not expected to rise by a great deal.

Are the major players going to sell shares? If so where do they put the money? The interest rates on bonds etc are low.

I just follow the charts.

[2flatpack] 17/8/2014 12:08

bracke
do you see the end of QE and interest rate rises in US as positive or negative for aht.
when you look at the gains the pound has made in the last year (justifiable or not?) aht has done well to hold up compared to the ftse, but if you compare it to uri it is well down. This I think is attributable to the pounds rise, so a rising dollar should give us a boot up.
cheers

[discodave4] 17/8/2014 12:02

Bracke,Only pulling your leg lol.Q1 only a couple of weeks away, hopefully good steady rise up to results (don't want the same as Q3 - share price got way ahead of itself, wtfdik!).Have a good one.DD

[bracke] 17/8/2014 11:44

Disco

Now stop that!! You know how sensitive I am and easily upset.

I was attempting to give a balanced view of the situation and I am mocked.

It is about probabilities. A share can always do one of the three. Trading/ investing is about deciding the probability but we know the unexpected can occur; it's why we use stops.

[discodave4] 16/8/2014 14:45

Hello Bracke,So it may go up, down or sideways.....lol, no offence intended, just made me chuckle.GLDD

[bracke] 16/8/2014 12:46

Good day Disco

There has not been much to discuss. The share price has to decide if it is going to break up above 920 and go for a new high, or whether it will drop and form a lower low.

There is a third alternative. Form a horizontal channel. It may do so for a short period but I would give it a low probability of doing so for any length of time.

On balance I expect it to rise which is not a difficult choice given the trend.

Apart from 'Black Swans' there is the ending of US QE and the prospect of increased interest rates so maybe a double top. Time will tell.

[discodave4] 16/8/2014 11:56

Hello Bracke, hope all is well........it's been a bit quiet on here lately.GLDD

[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