Ashtead Share Discussion Threads

[broadwood] 03/11/2015 15:37

Maybe by 2018.

[bracke] 03/11/2015 15:35

You may settle for £12 but you know what Topicel is like, he will want the full £15.

[broadwood] 03/11/2015 15:27

bracke -I'll settle for £12.

[bracke] 03/11/2015 15:24

broadwood

Did you really have to post that!

Topicel will not let us rest until he sees £15.

[broadwood] 03/11/2015 15:18

The TP consensus averages around 1350. Investec is the most bullish with a TP of 1500.

Jeffries maintain at 1385 today.

[bracke] 03/11/2015 14:51

Good day Topicel

I refer you to post 51389.

The share price has gone for break up and is intent on making it stick. It may retrace later but provided the US market holds up I expect it to reach the Daily SMA 200 currently at 1063 in the near future.

[topicel] 03/11/2015 14:00

If you're about Bracke, what are you making of these weird swings today?

I look in and see up, down, level, up...it is looking for direction going forward I suppose?

Particularly keen to see what happens around 1043p... ;)

Topicel

[bracke] 02/11/2015 14:14

Debt ceiling is no problem; just jack it up by a few 100s of billions more.

[topicel] 02/11/2015 13:44

Hence perhaps why Draghi's latest Bon mots is to suggest more, or extended, QE isn't the done deal people were hinting at only last week!

Gold and silver prices dropping fast indicate those markets expect a rate rise sooner than later again, and bets are on December once more, which would keep the Fed out of criticism about 'ruining' things as an election year unwinds...

You've got to laugh at all of this really. Debt ceiling, what debt ceiling. Lol.

Topicel

[bracke] 02/11/2015 11:22

Good day Topicel

Barring some extraordinary news I think "early November" is optimistic. Perhaps the 'Santa Rally' will provide you with Nirvana.

From what I am reading the chances of interest rate increases by the US, UK or any other central bank are minimal all the time the ECB continue with QE.

[topicel] 02/11/2015 10:49

Lol, it is going the right way...for me.

I shan't mention anything to do with a number following a certain Rat Pack movie beginning with Ocean's, but there is still plenty of time for 'early November' yet.

Topicel

[bracke] 02/11/2015 10:44

The share price has broken up out of the wedge and is approaching resistance at 1023.

It needs to break above resistance and hold. If it fails to do so the danger is that it will drop through the wedge and out of the lower side.

If it is able to maintain the break upwards it should be able to reach the SMA 200 currently at 1063.

I will not suggest where it may go IF it breaks above the SMA 200. I don't want to excite Topicel unduly.

[bracke] 29/10/2015 10:58

Good day ian

No. I do not have a position in AHT.

The Goldilocks comment was in reply to Topicels "So I won't be greedy, nor naughty, nor nice... ;)" ie. Not naughty, not nice, just right.

The price action has formed a symmetrical wedge ie. lower highs, higher lows and it is close to the apex which suggests a break one way or the other. It could pass through in a straight line but that would be unusual. Beware of false breaks.

[ianwwwhite] 28/10/2015 16:58

bracke

I assume that the coded reference to goldilocks and three bears means that you have gone short?

[bracke] 28/10/2015 12:28

Goldilocks......excellent.

[topicel] 28/10/2015 11:48

I was always told to beware old men with white beards in red suits. So I won't be greedy, nor naughty, nor nice... ;)

Topicel

[bracke] 28/10/2015 11:11

Good day Topicel

From what I read the fed are unlikely to raise the interest rate. If they did it would strengthen the $ before the Election and the FED would be held to blame.

If the FED do hold the rate it may give a lift to the share price but unlikely to be sufficient to fill the gap at 1068. Perhaps you need to send a letter to Santa asking for the usual rally. He may give you 1068 but consider you greedy if you ask for £11.

[terrys trousers] 27/10/2015 15:36

looks like 950p support now

[topicel] 27/10/2015 13:49

Well done on 987 Bracke!

All eyes on the Fed again for which gaps will be filling next then, north or south?

Topicel

[fenners66] 27/10/2015 12:39

Watched the U.S. Grand Prix on Sunday noticed the JCBs used to remove crashed cars were all Sunbelt.... At which point they got I own part of that!

[bracke] 24/10/2015 12:31

Thanks ian

It's been an interesting week!

Where now for the wider market? A retrace and then more up or a leg down?

AHT - Sticking my neck out I think it will fill the gap back to 987 soon. As to the others lower down I am less certain.

[ianwwwhite] 23/10/2015 17:40

Hi bracke,

Interesting AHT week, thanks as always for continuing to 'read the runes', always interesting and appreciated by lurkers such as myself.

A great weekend to all, Ian

[bracke] 23/10/2015 17:06

Topicel

Your homework this weekend is to determine which type of gaps are shown on the chart.



The news seems to be all death and destruction....and we think we are civilised!!

A pleasant weekend to you all.

[topicel] 23/10/2015 15:32

Many gaps presumably are left yawning for future generations to fall into too. Their all over the place, some call them sink holes once they've converged.

Always preferred the northern gaps, as you know...;)

Bon weekend, although not so great for those poor people and families in the Bordeaux road accident - not so far really from nous in the Haute Garonne...

Topicel