Ashtead Share Discussion Threads

[discodave4] 02/3/2015 21:59

All the best for tomorrow AHT'ers.DD

[bracke] 02/3/2015 11:12

It has retraced 20 points so far today but look at what it did the day before the last set of results were announced........retraced approx 30 points. The next day it spiked up 120 points; very naughty.

[2flatpack] 01/3/2015 18:01

Bracke
Thanks for the comprehensive reply.
Cheers

[bracke] 01/3/2015 13:20

Good afternoon 2flat

"Are you expecting a retrace before Tuesday or the normal retrace after results?"
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I don't know but probably after. If the results are above expectations it is possible it will gap above the previous high as it did when 2nd qtr results were announced on 10th December but then retraced. Unfortunately I am due to be out on Tuesday, so if it does spike up I will be unable to trade it.


"You say stretched but the price is at the same level that it hit after the last results."
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Yes it is but I am looking at other indicators.


"Hoping for the normal results day up for 15 minutes then a fall off."
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That is highly likely.



Yes it was running slow.I logged out and back in and it is better.

[2flatpack] 01/3/2015 13:00

Is anyone experiencing problems with this side?
It is going slower and slower.
Back to the good old days of brewing up whilst waiting for a page to load.
Although the adverts don't seem to be affected,
Cheers

[2flatpack] 01/3/2015 12:56

Good afternoon bracke
Are you expecting a retrace before Tuesday or the normal retrace after results?
I cannot remember the last time we had a drop the day before results .
You say stretched but the price is at the same level that it hit after the last results.
Hoping for the normal results day up for 15 minutes then a fall off.
Cheers

[bracke] 01/3/2015 12:33

Good day Disco

I wasn't thinking of the gap when I posted that. If you look at the Daily chart you will see that at intervals it does retrace as I mentioned.

The share price is looking 'stretched'.The question is will it retrace before breaking over the previous high or after it does so.

It will require a 60 point drop to fill the gap.If it retraces before breaking up there is a fair probability it will fill the gap. If after the break up the probability is less because the previous high (1210) may support.

[discodave4] 27/2/2015 18:51

Hello Bracke,"A note of caution. It is due a 50/70 point retrace which I would like to trade."Excuse my ignorance, retrace to fill 1130 gap?.ThanksDD

[bracke] 27/2/2015 17:17

The share price has had a good run since mid February and has made an all time closing high. The next target is to exceed the all time intraday high which means over 1219. If it can move above 1219 and hold, the next target is 1260.

A note of caution. It is due a 50/70 point retrace which I would like to trade.

[topcar] 26/2/2015 22:33

im with you bracke, i think its rolling over, march scares me, in the markets !!

[bracke] 26/2/2015 14:31

topcar

FTSE

Depends on your time frame.

It's been rising since March 2009 and as you are aware has just registered a new all time high.

Bear in mind my analysis is chart based.

The following charts are all FUTURES NOT CASH.

MOTHLY

Shows a triple top and the share price in an ascending channel.





DAILY

To reach the top channel line it will have to add 500/600 points.



4 HOUR

The rate of ascent has eased. Next move awaited.



AND FINALLY

1 HOUR

The share price has so far failed to reach the magenta Median (middle) line. It is also showing lower highs. The red Pitchfork is speculative.

[discodave4] 26/2/2015 13:34

Thanks bracke.DD

[topcar] 26/2/2015 13:17

bracke, what are your thoughts ftse ???

[bracke] 26/2/2015 13:00

disco

I agree not all gaps are filled but I think the last one will be, although it may take a few weeks to do so. Judging by the volume it appears to be a breakaway gap with the share price targeting 1212.

[discodave4] 26/2/2015 12:51

2flat Agree, just be nice to see a bit more sustained upward momentum and close above 1082 to make a new high (got a new kitchen to fund! Lol).Have a good one.DD

[2flatpack] 26/2/2015 11:18

disco
10-15% volatility is the norm.
One of these days I will get it right and hopefully make some money.
No strait lines here.
Cheers

[discodave4] 26/2/2015 09:55

2flat,Don't fancy a 4% drop to fill a gap that's all. Particularly when not all gaps have to be / are filled (no offence intended Bracke).GLDD

[2flatpack] 26/2/2015 08:49

Not all gaps are filled.....let's hope this is one.
Disco Why??
Up to 1240 on results then back down to fill the gap .
I hope.
Cheers

[discodave4] 25/2/2015 19:02

Not all gaps are filled.....let's hope this is one.GLDD

[bracke] 25/2/2015 11:02

Ref Post 50527 & 50534

"The share price having failed to take out the last major swing low at 1010 is on the point of taking out the last swing high at 1130. If it is able to move above 1030 and hold, the next resistance is likely at 1175 and then 1212."
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The share price has today moved above 1130. It may want to return to 1130 to fill the gap and/or test support."
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Up to 1175 and resistance. Gap unfilled.

[james97] 25/2/2015 10:15

I think Hatto made a large loss on PET, but it was still only a fairly small portion of what he had made on AHT.

[topcar] 24/2/2015 16:04

Any thoughts Ftse ??

[topcar] 24/2/2015 14:33

fenner, i agree, regards Hatto, cannot imagine, how much profit he would be sat on now, what screwed him was PET,

I never rated them, but he did, and the rest is history !!
AHT imo, nobody could have forseen, every Duck falling in to place, like it has with reasurgence of AHT, from interest rates etc etc,
But i can remember you saying this was your share of the year, in 03/04, i think right dates, memory gone, when at black friers, gold was under 600,
mine was a waifer company at 10p ??

A lot harder game today, all transparent mkt(position wise), like never before, nothing been learned after 08, it will happen again, ending in a far worse scenario than before, till then ride them waves !!

Maybe another meeting, in the near future, i will get hold of Tobey.