Ashtead Share Discussion Threads

[uppompeii] 04/4/2019 14:55

Can I let go?

[bracke] 04/4/2019 14:47

And 2000. Now hold.

[bracke] 04/4/2019 11:54

The gap at 1977 is filled. Hopefully it will at least continue up to 2000 but those gaps to the downside are concerning.

[bracke] 03/4/2019 11:35

Good day fenners

When I looked at the £:$ chart yesterday it had not risen following Mrs May's offer to Mr Corbyn. The pink dashed line on the chart below shows where the £:$ was when I viewed the chart.

It's close to filling the gap at 1977 but the recent run up has created several more to the down side.

GBP:USD HOURLY

[fenners66] 02/4/2019 22:13

Err no it doesn't the £ has risen vs, the $

[bracke] 02/4/2019 17:16

£:$ continues to assist 'the cause'.

[discodave4] 01/4/2019 19:36

Cheers bracke.

[bracke] 01/4/2019 16:52

Buyer win to-day.

Need to keep it above 1900, failure to do so may result in gap fills to the downside.

[bracke] 28/3/2019 18:12

And the next day Wed 27th was even larger but look at the range.

It appears that buyers were trying to take it further up but were prevented from doing so by sellers.

It's interesting to look at the 3 month chart above and compare volume with price action. On occasion buyers or sellers have no problem taking the share price up or down. Other times it's a battle. Look at the Jan/Feb action and the Mar action. It appears that bulls have decided that 1800 will not be broken. The interest is if bears will keep the pressure on and go for a big push at an opportune moment or if bulls will hold the line and when events favour their cause go for 1900.

[bracke] 27/3/2019 11:37

That was a large volume yesterday. Strong buying at 1750.

[smcni1968] 26/3/2019 20:16

Ferguson PLC outlook statement I believe

[bracke] 26/3/2019 14:42

Increased probability of a downturn in US Economy following Dovish Fed (no rate increases) and inverted yield curve.

There is also this to-day.

"The consumer confidence index dropped to 124.1 from 131.4 in February, the Conference Board said Tuesday. That’s the second lowest rate in a year."

[dforeman210] 26/3/2019 13:04

Does anyone know what is causing this stock to tank? I see no news or analyst ratings changes.

[bracke] 26/3/2019 11:29

Good day uppompeii

You surely don't think I've told her do you!

[uppompeii] 26/3/2019 11:21

But how is mater feeling about all this?

[bracke] 26/3/2019 10:22

"1800 has held so far to-day but if it fails probability is 1750."
===================================================================

It didn't hold and down to 1750.

Chunky gaps to the upside. There are also a couple to fill to the down side. See 3 month chart bottom left.

[ianwwwhite] 25/3/2019 23:14

DD

You're welcome, glad you enjoyed it :-)

[discodave4] 25/3/2019 21:47

IanAn enjoyable and enlightening read, thanks.Here's to 10 baggers!.......not greedy, just hopeful.DD

[discodave4] 25/3/2019 19:26

Thanks Ian, will read when get chance. Have been considering putting some money into one of the Lindsell Trains funds.DD

[bracke] 25/3/2019 14:49

1855 supported on Friday but a gap down on opening to-day in reaction to US market falls on Friday evening Futures.

1800 has held so far to-day but if it fails probability is 1750.

If it moves up to fill the gap at 1860 watch for 'gap fatigue' as attempt to fill the gap at 1977.

[ianwwwhite] 25/3/2019 09:44

DD

If you wish to read the whole article it can be found at:



It gives a valuable insight into Nick Trains thinking...

(Apologies for off topic)

[ianwwwhite] 25/3/2019 08:45

Good morning DD,

I cannot see AHT listed amongst LIndsell Train's fund's major holdings, or indeed see LT listed in AHT's major shareholders, so possibly not.

Nevertheless I thought that it was interesting that AHT had been one of the twelve '100 baggers' in the FTSE 100.

[discodave4] 24/3/2019 21:39

Thanks Ian.Is AHT in any of his funds?, I can't find any.DD

[riley109] 24/3/2019 10:10

hxxps://youtu.be/Saux0PpskGE "Tune for the day"

[ianwwwhite] 24/3/2019 09:42

Thought for the day:

" There are 12 companies in the current FTSE 100 and FTSE 250 which have at some stage delivered a 100- fold return to their investors – from a low to a peak. Let’s list them. From the FTSE 100: Ashtead, Antofagasta, DCC (up 525 times!), Next, Randgold Resources and Sage. From the FTSE 250: Cairn Energy, Capita, Daejan Holdings, Domino’s Pizza, JD Sports and Tullow Oil"

”The two reasons so few of us profit by 100-1 stocks are first that we do not try to do so and second that even when we are wise or lucky enough to buy one we do not hold on.”

Nick Train Jan 2019 (extract)

DYOR