Ebiquity Share Discussion Threads

[fevs] 01/2/2002 16:43

The way these are going at the moment i think 150p could be reached fairly soon.
Today it broke through the 12 month high of 140p.

the following was copied from investtech.com

Has risen 221% since the bottom on 17 Aug 2000 at 43.00. Is within a rising trend, which indicates a continued growth. Has also broken a resistance level in the short term and given a buy signal for the short-term trading range

It also say there is resistance at 180p and support at 92p.

92p doesn't look likely to me so is 180p the next real resistance???

Let me know your thoughts.

FEVS

[ah20206] 31/1/2002 18:48

I have read a few reports suggesting waiting until 1.70 or 2.00 before selling. I'm holding on to mine for a little bit longer.....

[panagos] 31/1/2002 17:16

I sold some at 1.35 just before the resistance of 1.37 has broken. I believe I can see an inverted head n shoulders....so I belive 1.50 is getting closer. I might buy back 2torrow morning. Any opinions??

[fevs] 31/1/2002 16:45

These are ticking up nicely at the moment.
what do people think will happen when x-box and game cube are released?.
There is bound to be high demand for the latest consoles and games, which should help EBQ's position.

When are the next set of results/trading statements out?

FEVS

[united again] 31/1/2002 15:48

Just an enquiry to the 'harami' and ' bearish engulfing pattern' posters above....what did Monday's close show, and what does it mean now?

I'm not being flippant, I just don't have a clue what you're talking about (that is 'I' don't have a clue, I don't suggest that you don't) and wonder if your thoughts and projections have transpired.

[raveningwolverine] 30/1/2002 13:11

GBA IS DROPPING TO £60 FROM NEXT MONTH...

[trumpet] 30/1/2002 10:45

Good point - if you want a slice of the games market it is safer to go with the retailer rather than developer/producer.

Also saw reports on iii from Dailyradar I think, that PS2 price could be dropped again to £170 to fend off competition.

[pjw956] 30/1/2002 09:12

x box launch mid march, game cube anounced for early may and at a heavy discount according to an article in yesterdays times....should all lead to positive news flow in coming months.

as for games manufacturers , I know rage are in there , expect Eidos and others, but their shares have had a very rough ride.IMHO stick with the seller of their products ...EBQ

[sasimini] 29/1/2002 15:01

Should rise steadily now to April

[jungle bunny] 28/1/2002 10:48

Anybody know who the major games manufacturers are for the: PS2, X-BOX and game cube????

[doctorbird] 27/1/2002 12:05

sumukong,

Just in case anyone thought you were contradicting me, in my reference to the Bearish Engulfing pattern of 23/24.01.02 I mistakenly said "Todays move" when I should have said yesterday's because I was posting at 1.15 a.m. Neither of these two patterns are particularly good examples, this engulfing for instance has a height ratio of 2:3 whereas 1:4 or less would be more likely to suggest a reversal: but whether reversal or sideways, the present rise should be halted for a bit. This is all short-term stuff of course, but sometimes these patterns are giving notice of longer term developments.

[sumukong] 25/1/2002 21:43

IMHO today's candle stick pattern is not a bearish engulfing pattern but a harami. The harami implies the immediately preceding trend has ended an that the bulls and bears are now in a state of truce.

From Elliot's wave point of view we still cannot say that the upwards 'b' wave have ended. The 'b' wave could still be extended upwards again. If monday close shows a further decline in price from today, more than 2p, then from Elliot's point of view the 'b' wave has ended and we have begun the path of the 'c' down wave which I think could be quite big.
If monday closes lower we would have traced out a lower degree wave 1 and 2 and will be on wave 3 which means we still have wave 5 to take it lower still.

So Monday's close will determine whether the 'b' wave will be extended or confirm to be at an end we have the start of the 'c' down wave. Elliot's wave theory cannot predict what will happen on monday.

The harami indicates that the Monday's will probably close lower, but I am not sure how accurate a harami candlestick indicator is. The fact that candlesticks practictioner have identified it as something to look out for would probably imply that it would have more than a 50% chance of it being true.

Monday's close tells all.

[sasimini] 25/1/2002 08:45

Sentiment and good sales in spring and summer will see share price soar IMHO

[slater] 25/1/2002 01:32

EBQ going down in price , well think again, yes i know 3 points wiped off at close bu beleive me this company although of mid size has a lot further to go, I see a share price based not on what you are expecting, ie, that of p/e, PEG, Price to sales, but of that of more simplistic terms, that of Economic Demand and supply in the world.

Forget the blue eyed city boys, look at the management and cost base, the guys at this company are doing sterling work.

I leave you all with this thought, do we as a country pay too much attention to the end result ie, sales and then profit.

Lets not forget a very important stat, sales- costs = profit, can i say more.

Regards Slater.

[doctorbird] 25/1/2002 01:15

Todays move has formed a Bearish Engulfing candle. A one day pattern cannot give certainty, but buying now would in my view be ill-advised, particularly since there is a gap only a few pence below. If this bearish candle is followed down below 128p to cover the gap, then this would suggest a further fall. I should still not rule out 110p. Until there are signs of genuine strength I shall not be buying back.

[trumpet] 23/1/2002 15:48

pjw956 - Quite, I think that a few peeps have been taking too much notice of the thread title and looking down rather than looking up ;-)

[pjw956] 23/1/2002 15:31

not sure that you need to know a lot about charting. In my opinion if a company is sound then a trend will follow usually up., if a company is under poor management or trading is poor then the trend is down. EBQ is pretty well managed and trade is good and the history of the share price is up. Of course when a share rises from time to time people will take their profts for many reasons causing the price to drop , leading to others buying in and the price rising. no rocket science there.
the chartists seem to say that if the price tomorrow falls then the price will fall and if the price tomorrow rises then the price will rise....duh, well of course it will....it has.
In my opinion at the moment there are way too many outside factors causing daily rises and falls, of course you can apply your maths calculations to determine how far the next rise will be before the profit takers step in, or can you. chartists say yes , I say not at the moment.

[united again] 23/1/2002 14:24

What info is L2 showing?

Apologies to the rest of the thread, I know nothing about charting!

[sue42] 23/1/2002 13:54

Slowly rising & L2 looks good.

[pjw956] 23/1/2002 00:09

local stores have posters up in the front windows asking customers to reserve their x-box now..I agree there is more upside here but 180 is a little optimistic.

[sumukong] 22/1/2002 17:30

Has the upward corrective 'b' wave ended yet?. I expect tomorrow to show some downward correction. If the correction is large then the upward 'b' wave has ended and we are on the start of a larger downward 'c' wave of wave IV, but if it is small then it is either an extension of the 'b' wave or start of the 'c' wave. If tomorrow's price ended up then the huge correction of the 'c' wave I anticipated becomes less severe because wave IV could become a flat.

I am not optimistic and has just sold my last lot at 128p this morning.

[trumpet] 22/1/2002 16:18

Highest volume today for a few months. Where have the chartists gone ???? ;-)

Looking good. Roll on Xbox and Gamecube.

[sasimini] 22/1/2002 11:39

about time ! IMHO still good buy with lots more upward movement expected,target of 180 expected fairly soon ?? april/may

[damckay] 22/1/2002 09:42

Seeing some good movement over the last day and a bit. Only reason I can think of is rumours that the Gamecube will have a March release bringing it head to head with the Xbox...

[doctorbird] 21/1/2002 23:15

Yes it does. Thank you.