Ashtead Share Discussion Threads

[bracke] 28/3/2023 11:56

Good day disc0

"This is AHT, always does the unexpected :)"
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Yes it does during 'normal' times but we are not in normal times.

If Mr Trump were to win the Presidential Election next year (what a thought!!) given what happened last time you may get your 'unexpected'.

[disc0dave45] 27/3/2023 18:01

Mr b"All being well it will but you may have to wait to 2024/2025"This is AHT, always does the unexpected :)

[bracke] 27/3/2023 17:20

disc0

"Then fill the gaps 5736 and 5830……forever the optimist :)"
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All being well it will but you may have to wait to 2024/2025. If it does manage to fill them this year all your birthdays and Christmases will have all come at once!

[disc0dave45] 27/3/2023 12:52

Mr b"Now it needs to target the two gaps above at 5000 and 5104"Then fill the gaps 5736 and 5830......forever the optimist :)Thanks

[bracke] 27/3/2023 12:38

disc0

The share price has moved up from the 4724 support. Now it needs to target the two gaps above at 5000 and 5104.

AHT DAILY

[disc0dave45] 27/3/2023 11:37

Good morning MrbThanks :)

[bracke] 27/3/2023 11:17

good day disc0

You are excused.......this time.

[disc0dave45] 26/3/2023 16:37

Good day Mr bMy apologies, didn't see that you'd mentioned the SMA200, sorry :)

[bracke] 26/3/2023 12:04

Good day disc0

"Do you not see SMA200 as providing support or don’t you give it much value?"
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Yes I do see the Daily SMA 200 and the lower (green) trend line as a good probability of support. Which is why I posted that if either fail to hold it's a strong warning.

[themoocha] 25/3/2023 20:01

Heads up. If the main perpetrator of fraud in this video is appointed to the board of Sunbelt, then sell.

[disc0dave45] 24/3/2023 16:46

Mr bKeeping one's gob shut comes to mind.Do you not see SMA200 as providing support or don't you give it much value?

[bracke] 24/3/2023 16:20

Good day disc0

Yes she is trying to row back on what she said but the idea that all currently uninsured deposits can be guaranteed is unrealistic. So a rock and a hard place come to mind.

[disc0dave45] 24/3/2023 15:39

Good afternoon Mr bThanks as ever for your views and pretty chart.I see Yellen has done a complete U turn on her comments yesterday, from an article today:"Investors were also digesting comments from US Treasury Secretary Janet Yellen who said she was prepared to take further action to ensure that bank deposits stay safe amid banking system turmoil, a day after she said there would be no blanket guarantees."What a muppet

[trt] 24/3/2023 15:31

If we drop below £45 could see £40

[bracke] 24/3/2023 15:24

A few posts back I mentioned the resistance at the 38.2% FIB (5144) and support at 4724. The former was tested and continued to resist the latter is currently being tested.

I also highlighted the cluster of possible supports at:

1 The lower trend line of the main channel (Green).

2 Just under the lower trend line is the Daily SMA 200

3 The 61.8% FIB (4609).

4 Not support but if filled may 'satisfy' the fall. The gap at 4550.

The gap at 4866 now filled.


I suggest a break and close below 1 and 2 above should be considered a warning. If the share price does break and hold below them look for a retrace to test them. If it fails to break up above them be very wary.

AHT DAILY

[trt] 24/3/2023 10:35

Could very easily see £45 again

[bracke] 23/3/2023 16:40

disc0

She was being questioned in front of a Senate sub-committee and gave the reply in answer to a direct question. So I suppose she didn't have much choice.

[disc0dave45] 23/3/2023 15:08

Mr bNice, congratulations :)Curious - was Yellen asked about the insurance blanket or did she simply blurt it out?Noticed that Odey has piled 2% of his fund into UBS, long not short I think......he's no mug.

[bracke] 23/3/2023 14:50

disc0

When there are events similar to yesterday I don't have trades open at the start but have ready trading platform, charts and link to what is being said by the main players.

I usually trade the S&P 500 on a 1 minute chart and wait until it moves to what I consider to be an oversold or overbought level. It had just reached what I considered to be an overbought level when Darling Janet made her statement. There was poor wretched Powell trying his best not to frighten the market and Janet put the boot in!.

You did not have to be a genius to know what the market would do. I couldn't believe my luck. Opportunities like that don't occur that often so they are very pleasant when they do.

What we now wait to see is how those who have deposits in banks over the insurance level react.

[disc0dave45] 23/3/2023 13:44

Good day Mr bYes I read that Yellen comment later......sorry Mr Powell, still think he's pigheaded, lol. What better way to test their economic model than to hold the rates to validate the model predictions....do something different ffs before it's too late!.Anyway, looks like BoE have been just as unimaginative and followed the leader.Good on you though for shorting and gaining some profit out of these shenanigans:)

[bracke] 23/3/2023 10:26

Good day disc0

Superb volatility whilst Powell and Yellen were speaking.

From what I saw it was when Yellen said "blanket insurance of bank deposits was not being considered" the market dropped. It was a shorters dream statement.

[disc0dave45] 22/3/2023 21:42

Good evening Mr bWell the US market has shown what they think if his pigheadedness.

[bracke] 22/3/2023 19:07

"Beginning to think Mr Powell is pigheaded and blinkered."
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Now Now disc0 calm yourself. The poor chap has a lot on his plate and some of the silly banks have thrown a spanner into the works. But never fear 2% or bust.

[disc0dave45] 22/3/2023 18:28

Raised 0.25%Beginning to think Mr Powell is pigheaded and blinkered.