Boohoo Share Discussion Threads

[janeann] 05/1/2018 14:52

please bamboo - cant we have 2 decimal places!!!!

ps if it is volatility you like have you looked at tech?

[bamboo2] 05/1/2018 14:47

PI, 199.9-200.3 to be precise!

janeann, Potential turn day on Monday/Tuesday

[panic investor] 05/1/2018 14:45

Gap is at 200

[american idiot] 05/1/2018 14:43

208p is the 200 day MA.

I would at least expect a back-test of 208p at the absolute minimum.

Probably a false break even with a potentially positive trade update around the corner.

but WTFDIK !

[janeann] 05/1/2018 14:41

well good call so far bamboo; do you do this with limits or is that too risky because the down spike can be too quick.

ps Im impressed! (provided it goes back up again!)

[adejuk] 05/1/2018 14:41

there is no gap

[adejuk] 05/1/2018 14:40

standard fib
calm down

[bamboo2] 05/1/2018 14:31

Hopefully gap will fill.

[american idiot] 05/1/2018 14:28

In at 203.9p !

Now bounce a few 'P' PLEASE !

[rathean] 05/1/2018 14:21

Great opportunity to get in before the trading update next week if you're not already holding. Any finish above 200 re-enforces the steep upward trend.

[mauricemonkey] 05/1/2018 13:47

Price is around 207p currently

[mauricemonkey] 05/1/2018 13:47

Hmmm, something weird going on - price has fallen by around 3p in half an hour yet I can't buy £3400 worth through Halifax.
Someone mopping them up?

[fuji99] 05/1/2018 13:45

Profit taking after running from 170'sh to almost 220p. This is expected.

[sogoesit] 05/1/2018 13:27

Oh, nice average!!

[albert3591] 05/1/2018 13:07

Let’s see them play it down to my average,90.45p,if any of them could grow a pair that is.

[telbap] 05/1/2018 12:23

Playing with us today, hope they get us back on track for next week.

[lordaspers] 05/1/2018 00:53

Sogoesit still in my late 20's so i hope thats allowed ;)

[bamboo2] 04/1/2018 19:47

cycle2, a good summary.

[cycle2] 04/1/2018 14:18

Just thought I'd add some ideas about the current setup:
- The fundamental picture here has been fantastic for a long time. As noted in my previous posts (and those of others) there are very good reasons to believe that this company continues to have a laser-focussed strategy on selling to the 16-25 age range through a radical new business model which is going to shake up the industry. Their use of the cult of celebrity, social media marketing and insistence on high-margin own-brand definition with an online-only setup is amazing. In a highly competitive space, the management's ability to manage the whole supply chain and get products to market fast is superb and combined with Carol Kane's team hitting the right fashions it's powerful.

- We've had hints for many weeks now (for those who have been watching for them) that trading is going well: extra warehouse space being fitted quickly to meet excess demand, amazing PLT web figures. PLT will likely be the stand-out headline in the update.

- The technical pattern here has massively improved. Here's how I read it:
1. After the shock of the big price drop at the interims in September, we entered a range-bound consolidation period for October and much of November (185-205 with a brief excursion to 215).
2. Price action weakened towards the end of November and the bottom of the range first expanded lower, then broke down on December 6th.
3. This breakdown could have marked the start of a downtrend (as some bears tried to suggest at the time) but sub-170 prices were strongly rejected and we finally saw buyers come into the market again (I suspect many longer-term holders such as myself just couldn't help buying at those prices!) It's possible that this might also have been the last clearing of a big seller.
Strong rejection of a price breakdown is actually a very bullish sign and often marks the start of a new trend leg.
4. Price regained the former range (185-215) and has pushed decisively to the top of that range. This is highly likely to be in anticipation of the results statement on 11th.
5. We're currently pressing against the top of the prior range (215) which is understandably seen as resistance by shorter term traders. It's possible that we'll see a little profit taking against that level but I fully expect price to consolidate against the level soon if that's the case before breaking out. Alternatively, we may just push through it.

My analysis indicators on the weekly chart are showing the most bullish setup of probabilities for a long time - but note: that's a long-term chart and we may see some noise in the short-term. However, I continue to be a very happy holder of this share (and it sits easier with me now that we appear to be getting back on track). A 6-month consolidation seems reasonable for a share that was the strongest trending stock on AIM for mid 2015 to mid 2017 and could be seen to have got ahead of itself a little (though the September trading statement was hardly a disaster!) Now that consolidation appears to be ending, this has every likelihood of flying.

Just my own reading of the chart, DYOR. Obviously I have a bullish bias ;-)

[sogoesit] 04/1/2018 13:28

Ha ha @lordaspers ... I get that sentiment ;-)
What's the spread in age 'tho if you're shopping on BOO ;-))?

Thanks bamboo. Have CFDs on the tradeable side. Last accumulation long 200.

[bamboo2] 04/1/2018 10:29

Sogo, potential turn day today so taken profit this morning.

Area Gap at the open on 3 Jan. 199.9-200.3 has me concerned.

Back soon.

[lordaspers] 04/1/2018 10:05

'Interesting about the differentiation... perception is everything!' agreed but everything blurs into one when shopping for kinky lingerie with the woeful longing that the lady friend will look like the model in the photos.

[knowing] 04/1/2018 09:57

Cups got a wobbly bottom but is sure taking shape

[algorithmicx] 04/1/2018 09:41

£3 target re-iterated by PEEL HUNT

Date Broker Recommendation Price Old target price New target price Notes
04 Jan 18 Peel Hunt Buy 214.05 300.00 300.00 Reiterates
02 Jan 18 Jefferies International Buy 214.05 280.00 280.00 Reiterates
02 Jan 18 Deutsche Bank Buy 214.05 290.00 290.00 Reiterates
20 Dec 17 Peel Hunt Buy 214.05 300.00 300.00 Reiterates
14 Dec 17 Peel Hunt Buy 214.05 300.00 300.00 Reiterates