Boohoo Share Discussion Threads

[colinzeal] 01/8/2017 12:10

If it's good news they'll release something, if it's not, they won't.

[cluelessbugger] 01/8/2017 11:26

shows the next trading update as 11 Jan 2018 but there was a trading update & notice of interim results on 09/08/2016 which interestingly isn't listed as a past event in Boohoo's financial calendar but does show up in the regulatory news.

So is everyone expecting a trading update next week?

[sogoesit] 01/8/2017 10:47

Looks like a flag building on my daily candlestick chart, bamboo.
Pole was on 27/07 and break-out would get us to around 256/260p in short order.

Thoughts?

[samdb] 31/7/2017 20:35

I remember reading quite a number of Boohoo complaints on social media early last year. It worried me so I sold my stock at 45p. I had doubled my money and thought I was very clever.I bought back in at 220p a few weeks ago.

[stampylong trader] 31/7/2017 19:34

Complaints is part of any business. If they are serving 1000s of customers a day there will be acceptable levels of complaints and even then some will be spurious, some will be genuine (anyone selling something on ebay will know).

Some people are complaining about not getting next day delivery - were they in? Have they checked with the neighbour? Did the courier van break down? There are many reasons. One can't just check twitter to gauge what's going on.

[bamboo2] 31/7/2017 19:16

for time wasting.

hotaimstocks31 Jul '17 - 18:24 - (Filtered)
jamesto231 Jul '17 - 19:11 - (Filtered)

[bamboo2] 31/7/2017 18:46

Sogo, you are right. The prior outperformance peaked around 9th June 2017 at approx 270. We have subsequently witnessed a correction that has brought us back to the long term lower uptrend line that has been in place since early 2017.

The chart is starting to make a bowl or cup, as a continuation pattern. It could also take the form if an INVH&S. We'll see!

Another potential turn tomorrow....

May be a good op to add before the bowl really starts taking shape.

[colinzeal] 31/7/2017 16:07

trading update should be good now that all three brands are motoring and the economies of scale they should now be enjoying.

[sogoesit] 31/7/2017 15:56

Since 23 May the uptrend has accelerated.

[stewar06] 31/7/2017 14:29

Been trading shares now for 35 years and you just get a feel for it over the years. I called the top on boo at 260, not forever but that run had run its course. I still held (none of this girl stuff cfd's and spread betting a tenner) i put 22k at 46p sold at 248, and bought back in at 220. I can handle a loss at this level.Butdo think from now on the party is over and a more steady price rice reflecting on news will be the way forward. The last downturn told you that.

[qruz] 31/7/2017 09:45

Doesn't matter, soon as we get the early August trading update and results in Sept it will be pushing back up 250+

[rackers1] 30/7/2017 09:18

Can't compete with BOO.

[bamboo2] 29/7/2017 17:34

ricky, a good question.

I've been trading these turns for a few years now, however, I have to admit it is not as easy as it sounds to implement a 100% successful trading strategy around them, although I am getting better with practice. The problem is that basing the strategy around daily charts [some trendlines are months old], I am unsure what time of day the turn will occur and the size of the potential turn. [if any!]

For a near term trade, perhaps I/we should have sold yesterday morning. However I am after more than just a few percent here, so am holding, ready to add if it falls any further.

I am hopeful that the Friday low approx. 231.5 is the turn, although 230 looks a more natural support area.

[rickyvee] 28/7/2017 20:29

Bamboo, how's that 'turn' looking like today?

[steptoes yard] 28/7/2017 10:19

Thank you to everyone on here who has offered a chart view, a market view and a steer on the expectations over th next 5 years. Which is what it is all about really.

[sogoesit] 28/7/2017 09:50

Great stuff; don't forget bamboo's calls too, pretty impressive!

Some of these pictures (I think they're called charts) are prettier to look at than some of the BOO models....

[kazz] 28/7/2017 02:23

Many thanks for the excellent charts guys, especially Fingers, who has called it spot on.
Regards..... Kazz

[luckymouse] 28/7/2017 01:59

Nice shaved candle bull flag b/o - i get pretty much the same thing on measured moves

free stock charts from uk.advfn.com

[fingers xxd] 27/7/2017 23:49

Update - BOO - 237.50p

[rickyvee] 27/7/2017 22:33

If Quiz's 'real earnings growth' will come from online sales then why are they raising hundreds of millions of pounds for further bricks and mortar? Seems they have backward management who are not as in touch with the same target market as BOO (16-35 year olds).
From a recent article re their IPO: "The funds will be used to accelerate business growth, which includes a target of opening 20 UK stores and concessions in the next two years". For this reason alone I wouldn't touch this company.