Darktrace Share Discussion Threads

[clive7878] 27/3/2023 17:05

Gas prices are falling but food prices are very strong.
I do believe that Sunak is doing a good job, and he will succeed in reducing inflation and subsequently interest rates. So by the end of the year things could be better.
However the Investors Chronicle - and I agree with them - for Dark we do need positive evident that their targets are in fact being met before we see any substantial rise in share price, which may not be in the immediate future.
It could be a dead duck for the time being. Now at 266p. So the share price could just bum along, and even weaken.

[crosswires] 27/3/2023 15:32

I think the share price targets are not unreasonable BUT this is a difficult market now and is likely to be for at least another year or two so their is little room for any disappointments. If DARK keep delivering the share price will get there imo but that’s a big IF with the economic environment of higher rates for longer than first expected.

[clive7878] 25/3/2023 21:50

Broker Recommendations for Darktrace (DARK)
Date Broker Recommendation Old Target New Target Rating Type
09-Mar-23 Numis Buy - 520.00 Reiteration
08-Mar-23 Peel Hunt Limited Hold - 504.00 Reiteration
08-Mar-23 Berenberg Bank Buy - 600.00 Reiteration
09-Feb-23 Numis Buy - 520.00 Reiteration
01-Feb-23 Numis Buy - 520.00 Reiteration
01-Feb-23 Berenberg Bank Buy - 600.00 Reiteration

Certainly optimistic brokers - double todays share price.
Boom or bust !
Investors Chronicle wanted some evidence of the prospective profits hopes of today though. Potential is there, but will it materialise is the $64 dollar question,
or still bum along and not really break out ??????????

[clive7878] 25/3/2023 20:10

Bad day at the office last week with the share price.

[srpactive] 17/3/2023 09:40

If we tickle and cross 286p, it could be a fine time.

dyor

[the chairman elect] 17/3/2023 09:25

Chart most certainly does!

[albert arthur] 17/3/2023 09:04

Looking great ?

[albert arthur] 16/3/2023 13:04

Need to get through the ECB and Fed decisions... Also start the new tax year in the UK. Good to see the price holding between the 2 EMAs... When WACE start to close the price goes up. Also E&Y clarification the price goes up.

[clive7878] 16/3/2023 12:13

Need some confirmation of the growth prospects in the next set of results though.
Crucial for the share price. That is what the IC is looking for and me.

[albert arthur] 15/3/2023 10:42

I'd expect the retrace to bounce between the 50EMA 267.68 and the 100EMA 288.44. Really want to see it clear 291.79 next this is the 0.236 intraday Uptrend Extension.

[srpactive] 15/3/2023 09:25

Yes you sound very knowledgeable.

I just use crude closes etc.
281p was a resistance hopefully now support.

I have just increased a little.

dyor

[albert arthur] 15/3/2023 08:25

The EMA had slightly moved from weeks ago to 288.44, so just about there… we won’t it above 288.44,the next EMA up is 2EMA at 329.76.. could get resistance on some of the fibs.

[crosswires] 15/3/2023 08:18

Not quite 289 but close enough ;)

What’s the next chart prediction short term?

[albert arthur] 15/3/2023 08:11

Here is the 289 I've been banging on about for 4 weeks :)

[halfpenny] 14/3/2023 15:25

May the light be with you on other investments as well.

[the chairman elect] 14/3/2023 15:23

Hello DARKness my old friend....

[halfpenny] 14/3/2023 15:21

Don't miss out as these are at a great price but not for long. Some target 600 plus...

CEO with positive news ... Dark latest view and move to 350p soon and main test will be 400p with 600p plus with Cyber Demand increasing. Refer to Charts for Truth.

Future bright and can move up rapidly so just got more at these levels.

Remember buyers still in play at these levels as Takeover becomes more and more likely..

[clive7878] 14/3/2023 14:22

Why are there so many very, very trades of small number of shares,
surely it is not worth buying anything less than 100 at a time ?

Broke through the 282p barrier, but not held, back again.

Have a look at JUST group, ticker just, could be good value,
and later could be re-rated at some stage. Prospective pe of 3.5
although bit of a rocky past and may not go anywhere in the short term,
but one thing they are very lowly rated, sort of stock I like.

[srpactive] 14/3/2023 14:09

Yes hopefully a strong finish, then maybe a challenge of 293p
in time.

dyor

[clive7878] 14/3/2023 13:52

Broke the 282p barrier. 2 sides of thought though.
If the growth prospects are achieve this could fly,
on the other hand if the growth prospects are a bit patchy,
the price could just stagnate.

[srpactive] 14/3/2023 11:46

Well lets hope so in time, it really depends on our
friends across the pond.

dyor

[clive7878] 14/3/2023 11:40

Still another strong day - Could we see a break out to £3 in the near future.

[srpactive] 14/3/2023 11:04

Yes I feel we may now ease back a bit as we lead
into the US open.

dyor

[the chairman elect] 14/3/2023 11:01

Loving looking chart

[srpactive] 14/3/2023 09:52

It seems your 282p resistance is quite difficult
to break.

dyor