Ashtead Share Discussion Threads

[2flatpack] 18/11/2016 23:31

Hot off the press,
Our fiends D. Bank raises T/P to730 from 710.
Cheers

[discodave4] 18/11/2016 20:13

Thanks fenners for being ok with off topic posts.Will still apologise though as others may not feel the same, so sorry guys, just one more quick one for our guru!.Good day bracke - sorry but using an iPad and for some reason can't see or access your graph (will use laptop over weekend and have a butchers), many thanks though.My swing low is 9th Feb (59.3), high is 28th Sept (110), 38.2% fib 90.5.Am also looking at another Yankee stock (CLD) that has an amazing chart (a bowl like I've never seen before!), well I think it's amazing so probably won't get your juices flowing!. The last few days it's plummeted though (spoilt the chart too!) and I can't find any news as to why, think it's just had a short attack which has put me off going long on a SB (has about 11% of free float on loan).Thanks again, do appreciate your time.DD

[bracke] 18/11/2016 16:31

Good day Disco

Below is my Alibaba chart

Your fib placement may be different to mine especially if you are trading a different time frame.

You will see three short blue lines which mark the daily closing price since when the share price gaped and did not return to it. The gap at 94.05 has now been filled perhaps after I posted.......that's my reason and I'm sticking to it!

If you look closely at the chart you will see that this share price gaps constantly.

ALIBABA DAILY

[fenners66] 18/11/2016 15:13

For the record I have no problem with off topic most especially other stocks. This board has been a great source of ideas over the years with some sensible contributions.

[discodave4] 17/11/2016 20:43

Bracke38.2% fib is it 90.5? (mine is! lol). Can't see any gaps at 94.05 though.Sorry everyone for off topic - picking our elite guru's brains!.TaDD

[discodave4] 17/11/2016 19:47

Thanks Bracke, appreciate your views - didn't check for gaps but will now!.Have a good one.DD

[bracke] 17/11/2016 11:05

Goo day Disco

Ref Alibaba

It nearly filled the gap at 87.29 from 10th August before retracing and moving above the 38.2% fib. Viewing the chart shows that it does leave gaps all over.

There is a gap at 94.05 which it may retrace up to before continuing down.

[discodave4] 16/11/2016 18:08

Thanks bracke, appreciate your views as ever!.Got short entry a bit higher than wanted (£92) but did think 50% fib at 84.5 may be on, particularly after Donald got in (comforting to hear you think 85 looks ok).Will see how it goes.All the best.DD

[bracke] 16/11/2016 11:03

Good day Disco

Good luck with Alibaba. 85ish looks doable.

[discodave4] 15/11/2016 21:47

Good day Bracke,Schadenfreude - will confess had to look it up, me get pleasure from shorters getting burnt, naaaah not me, have no issue with anybody throwing their money away!, lol.Trying a small short on Alibaba - thanks Donald!.Good trading to you, long or short.DD

[bracke] 15/11/2016 16:15

To-days gap filled.

Next is at 1385.

[bracke] 15/11/2016 12:56

Good day 2flat

An 'interesting' market is it not?

The experts, analysts, politicians and talking heads who forecast doom if Trump elected have had to quietly do an about turn for the time being.

All we need now is for the FED to increase interest rate and the market to rise!

DOW to reach 19,000 by year end and I would not put 20,000 beyond them.

Keep head down behind the sofa and good luck.

[2flatpack] 15/11/2016 12:35

Sold 80% of my holding as it fell on Friday.
Also got burnt on two shorts URI and HRI.
Have been behind the sofa since, leaving the field to braver men.
Cheers

[bracke] 15/11/2016 10:46

Good day disco

Schadenfreude does not become you.

Another gap up this morning not yet filled.

The share price is back up to the Upper Parallel.

It would be a little surprising if it stayed at this level until 06 December but AHT does like to surprise.

[discodave4] 14/11/2016 19:29

Sorry for those that have shorts in play.Nasty nasty people, haha only joking.DD

[bracke] 14/11/2016 17:32

Good day fenners

"that trade would be losing money by now otherwise?"
====================================================

Indeed it would.......just like the other two are! Am I bothered? Nah.

Looking for the share price to give 1450 another try but the GBP:USD can't be ignored.

Today's opening gap up from 1385 is likely to be a common gap so a fill is probable.

The large move up last Wednesday 8th did not cause an opening gap but there was one on URI.

[fenners66] 14/11/2016 17:18

Elite Gurus obviously dont do things by accident , its a sixth sense kicking in , that trade would be losing money by now otherwise?

[bracke] 14/11/2016 14:45

Such skill!!

You obviously have no need of an Elite Guru.

[uppompeii] 14/11/2016 14:26

No, thats for beginners, I read them mid air. .

[bracke] 14/11/2016 10:49

A gap up to-day. My "accident" was lucky but I am watching to add another trade.

uppompeii

Did you 'read' the tea leaves when they landed?

[clarky5150] 12/11/2016 10:02

I will be long again before the results. Think we have more downward action between now and then tho.

[kilgallp] 12/11/2016 09:27

Sold part of my holding on Thursday, and bought them back late yesterday. If I had the courage of my convictions I'd have done the lot!

[uppompeii] 11/11/2016 22:26

I never thought I'd hear bracke say a trade was "an accident" ! I throw my tea leaves up in shock!