Ashtead Share Discussion Threads

[topicel] 27/11/2015 14:29

£11 by late November I believe I said...well, almost!

Might roll into Monday before we see it but the market is plainly pricing in good interim results on the 9th Dec so I'd hold longer still and then either sell on news or before...

Topicel

[binliners] 27/11/2015 10:37

Can't see a wedge myself, but can see a rising channel.

But I do have poor sight in one eye!

[gordo58] 27/11/2015 09:11

well ....... depends on your point of view. Maybe 3rd eye is thinking the share price is on the rise, to get to the top of the wedge at circa 1160 or so..... and after that hmmm maybe bracke might help us out

[lairddavid] 26/11/2015 22:07

Is that good or bad?

[3rd eye] 26/11/2015 17:14

Wedge developing on the chart.

[bracke] 26/11/2015 16:46

Topicel

Ref FRES

It's coming back up to test resistance at the 775 zone after moving above the Daily SMA 200 without problem. It is approaching the Median Line which may also slow it down

Volume is normal so the rise is on continued buying.

If it is a concerted effort to move the share price up I would expect a push to move it over 775 resistance. If it isn't a retrace is likely.

[topicel] 26/11/2015 16:06

Bracke, just noticed the sudden rush of blood over at FRES for no apparent reason. Seems to me there must be gaps all over the place there, the second 'whoosh' in weeks.

Care to comment?

Topicel

[topicel] 26/11/2015 13:38

Lol, nearly as comforting as the 'Pledge'...

Topicel

[bracke] 26/11/2015 13:33

For Topicel

A little profit is a dangerous thing ;
Drink deep, or taste not the TA spring :
There shallow draughts intoxicate the brain,
And drinking largely sobers us again.
Fired at first sight with what the analysis imparts,
In fearless old age we tempt the heights of charts ;
While from the bounded level of our mind
Short views we take, nor see the lengths behind,
But, more advanced, behold with strange surprise
New distant scenes of endless profits rise !
So pleased at first the towering analysis we try,
Mount o’er the vales, and seem to tread the sky ;
The eternal gaps appear already past,
And the first losses and retraces seem the last ;
But those attained, we tremble to survey
The growing labours of the lengthened way ;
The increasing prospect tires our wandering eyes,
Resistance peep o’er resistances, and Reverses on Reverses arise !


With apologies to Robert Graves

[topicel] 26/11/2015 13:09

You wind-up merchants! A profit is a profit is a profit and all that and, as I admitted yesterday, the temptation of greed over reason is always a tough one when the trend is your friend.

At least it's not an AIM share, or I would be gone!

£11.32 eh....mmmm?!

Topicel

[bracke] 26/11/2015 12:04

Dealer

Yes you are correct as far as I can see there is one further gap to the upside from 25-26 June at 1144. There are four others to the downside.

[2flatpack] 26/11/2015 11:52

To hell with £11.
What is wrong with £13 .
I,m not superstitious.
Cheers

[ianwwwhite] 26/11/2015 11:36

bracke

'colonic anticipation'? lol!!!

A classic case of greed v fear, good luck Topicel!

[dealer1972] 26/11/2015 11:33

Bracket isn't there another gap at £11.32 or somewhere abouts from recall!

[bracke] 26/11/2015 11:27

Good day ian

Yes. Topicel will be sat in colonic anticipation waiting to 'click' on £11.

It's to be hoped that it does not turn at £10.90! Can you imagine the wailing and knashing of teeth from him!

[ianwwwhite] 26/11/2015 11:11

Steady bracke, you know you'll get Topicel excited with your rational exuberance!

I guess he is now in the classic dilemma as the Clash sang 'should I stay or should I go'
, finger poised on the button..

[bracke] 26/11/2015 10:42

PRAISE THE LORD! RING OUT THE BELLS! THE GAP IS FILLED!

Looks good for £11.

[topicel] 25/11/2015 17:32

I'll stick for my £11 for now, says he trying not to be greedy. As for EZJ, yes, I can see some more downside before it recovers too but thanks for the opinion.

Bon soirée!

Topicel

[bracke] 25/11/2015 15:28

Topicel

"So if it drops below the SMA by default, as you put it, we have a false buy signal created in effect?"
=============================================================================

Not necessarily. It maybe that 'appearing' above the Daily SMA 200 is enough to release it. Yes I know that seems ridiculous but who said that the market is logical!

I do watch others but I have watched AHT the longest and have more experience of it.

Ref Easyjet

It's managed to hold at the August low but don't be surprised if it wants to test the January low at 1521.

[broadwood] 25/11/2015 15:25

So, half yearly results up and coming.

This time last year was an 'expectations beat' on strong growth, expansion of outlets and currency translation.

Be interesting to see if there's more buying ahead of the announcement. They are on a few pundits radars as usual.

[topicel] 25/11/2015 14:58

So if it drops below the SMA by default, as you put it, we have a false buy signal created in effect?

Thanks for your input though Bracke, whichever way it goes now it has been most instructive. Do you watch the movements of any others as closely? I have dabbled in EZJ of late and after yesterday tempted to re-enter there for instance but have been impressed with your calls in AHT so any others with similar movements would be tempting.

Always depending on whether I understand the company/sector of course. Wary of techs!

Topicel

[bracke] 25/11/2015 12:08

Good day Topicel

"Prepared to jettison at 1068 if we go back there, would that be about right Bracke?"
==============================================================================

1068 is the gap to fill.

It has risen back to the Daily SMA 200 at 1057 which once again is resisting. The Daily SMA 200 is in decline. It is possible that the share price will 'rise' above the Daily SMA 200 by default ie. the SMA will drop below the share price

Lets see if the sellers appear again.

[discodave4] 25/11/2015 09:21

Is this starting to form a nice cup..........handle to test highs at around 1200 (new year) still to come?DD

[topicel] 25/11/2015 09:08

All about George and his major house building programme announcement this morning. Heavily flagged but the actual details may well see AHT and sector rise further depending on any added extras not yet leaked.

Prepared to jettison at 1068 if we go back there, would that be about right Bracke?

Topicel

[bracke] 24/11/2015 18:07

One gap filled.