Ashtead Share Discussion Threads

[bracke] 30/1/2018 15:32

Very quiet on here. I thought you would all be lining up to buy after the drop.

A terrible thought!!! Surely you'r not waiting for a bigger drop!!!!

[bracke] 30/1/2018 10:29

High volume yesterday but a tight range and minimal change on the day. Buyers and sellers balanced.

Twenty point gap this morning. Anyone for a fill.

EDIT

Now 30 points.

[lairddavid] 29/1/2018 23:32

Fenners, I did and I now wish I hadn't!! along with a few others i suspect.

[discodave4] 29/1/2018 23:23

Just a humble millionaire then!.........still, 20 years, respect!.

[fenners66] 29/1/2018 22:17

I wish! I sold half of them a very long time ago.........

[discodave4] 29/1/2018 21:28

fennersWow, 20 years............multi millionaire!DD

[bracke] 29/1/2018 15:23

You will see in the chart below that following a retrace the share price was supported at the quartile sliding parallel ( second from top black line). It then rose above the major high achieved in mid December. So far so good.

To prove it's still got the 'oomph' it has to rise at least to the previous high (pink line).

[fenners66] 29/1/2018 12:45

Its funny how over the years you kinda wonder if you could have done a better job.

There have been times when I said to myself bed and ISA them and if it rises in future you will avoid CGT.

I failed to do so and ..... resorted to selling CGT allowance each year instead.

Now I think that had there been no CGT problem I would have sold too early....

So who knows?

[ianwwwhite] 29/1/2018 11:17

Hi fenners,

Me too, class of 1997 - seen a few ups and downs since then!

[bracke] 29/1/2018 11:09

Good day fenners

You have done well to hold them so long but I imagine the drop from 1200 to 800 would have had you considering your options!

[fenners66] 29/1/2018 10:24

Also reminds me that I have held these shares for more than 20 years !

[ianwwwhite] 27/1/2018 11:33

Hi fingers,

Many thanks for your two graphs, most interesting and enlightening...

The 'log' version gives a very good perspective on the long term trend which is easy to lose sight of with the daily price fluctuations.
.

[fingers xxd] 27/1/2018 00:01

Hi Everyone,

I have just posted these 2 x charts on the FXD1 thread, as a comparison
between historical 'Linear' & Logarithmic' charts, and thought I would
add copies here for anyone that may be interested.

[bracke] 26/1/2018 12:56

Good day fenners

"What does it mean?"
=====================

Good question.

The blue PF was drawn off three pivot points and they remain. If the price action warrants a new PF then new pivots are selected and the new PF drawn and the original PF no longer applies if the same time frame is being followed. eg There maybe a PF for the Daily chart and another for the Hourly chart.

In my Daily chart the blue PF still applies. Although the share price dropped out of the PF it continued the rise and re-entered the PF. I drew the black PF because although the share price re-entered the PF it did not reach the ML before dropping back out of the PF. There was the suggestion that it was 'running out of steam'.

You will note the parallel lines drawn off the recent highs which often act as s/r.

Looking at to-days price action you will note that as yesterday it is being resisted at a major high.

We await events.

[fenners66] 26/1/2018 09:53

But what does it mean ?
If you tilt the blue area a few degrees to the right - doesn't that mean the share price is still in the trend?

[2flatpack] 25/1/2018 20:35

Just like buses
Not a chart for weeks
then two come together.
Cheers

[ianwwwhite] 25/1/2018 18:30

Lol! I'll leave the development to you, I'm happy to take on the user testing...

[bracke] 25/1/2018 17:50

Thank you ian for offering to do that.

[ianwwwhite] 25/1/2018 17:47

Bracke

I imagine it can be done, just a little bit more research and development required :-)

.

[bracke] 25/1/2018 17:27

Good day fingers

Nice to read from you.

Happy Bending.

[bracke] 25/1/2018 17:25

Good day ian

Unfortunately not. The only way I know how to post a tradingview chart is by taking a screen shot. If anyone knows how to post a dynamic chart please enlighten me.

In the meantime here is the end of day chart.

[fingers xxd] 25/1/2018 17:24

Well done Bracke on your achievement - I have to admit that I am 'well & truly bent' :-)

[ianwwwhite] 25/1/2018 16:59

Good afternoon bracke,

Am I right in thinking that the graph is dynamic and will automatically update?

[bracke] 25/1/2018 14:40

After much fiffing and faffing about I have managed to master the task of giving an image a URL and uploading it..

Those of a charting 'bent' will understand my thinking, those who are not 'bent the charting way may have a problem.....such is life.

[ianwwwhite] 25/1/2018 12:00

Hi fenners,

I agree, I wouldn't normally post that much detail, but in this case I thought that other AHT investors would make allowances and be encouraged to see the full highlights.

Thank you for drawing our attention to the results prior to publication!