Fevertree Drinks Share Discussion Threads

[bamboo2] 27/8/2021 16:25

Bought a few as anticipate a possible near term relief rally.

[bamboo2] 27/8/2021 15:20

Death cross 200/50 smas due approx 3/9/2021

[bamboo2] 27/8/2021 15:15

Assuming we close below 2220, next target is support at approx 2115-2130

This would also be the target for the more recent rounded top, that forms the RHS of the H&S.

[bamboo2] 27/8/2021 11:56

TT, agree. Just waiting to see if the adjacent support survives.

[techtrader5] 27/8/2021 11:42

Don’t think you can say that it isn’t confirmed now bamboo

Looks to me like sub £19 on the cards unless they pull something special out in the next figs.

[apad] 22/8/2021 15:30

Certainty is for the birds in this game, bamboo2 😊

apad

[bamboo2] 22/8/2021 13:30

apad, I try. I am not really certain I have fully grasped your question!

The H&S is not confirmed. Have a quick look at the recent charts [4-5 weeks ago] I posted on the FDEV thread. This showed a classic H&S in the making, but it barely confirmed, when it hit historical support and formed a reversal.

[apad] 22/8/2021 11:36

So, based on your explanation, a target of £19 in 4 months wouldn't be appropriate, bamboo2, because of the potential disturbance.
If the rns doesn't disturb the perception of the company then the chart can carry on signifying.
If there is a change in perception then the chart is effectively recalibrated.
My own reading of the hiring in yoodleland suggests that is is doing well so my personal inclination would be to wait until after the September results before following trends.
I do look at charts, but not in the formal way that you analyse them.
Thanks for the comment, you have replied to me before on this point 😊
I shall stop fussing now.
apad

[bamboo2] 22/8/2021 10:30

Hi Apad, I was hoping some of the others here that are into charts would have commented.

I think that charts and fundamentals are in the main separate to each other, but there are some places where they connect. eg Event or fundamental reason based gaps. A gap caused by an rns or dividend rights expiring for example.

The chart a few posts above shows an overhead breakaway gap directly caused by the recent results. Price has failed to fill this gap, and this marks a strong zone of resistance.

Charts are mostly backward looking, a historical price record of what has happened, in pictorial format. Indicators are lagging.

Using patterns, that often repeat, and trendline apexes [turning points] I attempt to project forward.

[apad] 21/8/2021 08:43

Is there no part of the chartist techniques that takes into account the uncertainty engendered by the mid-Sept. interims?
I'd welcome an explanation as this issue has puzzled me for a while.
apad

[bamboo2] 20/8/2021 21:32

tt5, thanks for posting. I see what you mean.

H&S not yet confirmed. I would want to see an eod close below 2220, for confirmation.

[techtrader5] 20/8/2021 11:40

H&S forming. Tgt around £19 within 4mths.

[bamboo2] 26/7/2021 16:31

TTT, Why not paste it on this bb for discussion, rather than use advfn as a free advertising platform??

[thetwentiestrader] 26/7/2021 12:18

Hi all, I have written an article on the Fevertree Half Year update on my website. Includes results analysis, US grocery market research and updates financial estimates (EPS, Margins. Available here: hxxps://www.thetwentiestrader.com/post/fevertree-half-year-update

[growthpotential] 25/7/2021 23:35

What's the dividend for this?

[bamboo2] 23/7/2021 08:11

There's still time for retail shorts to cover before the gap fill completes at 2449

[castleford tiger] 22/7/2021 16:36

14 days for deliveries due to transport issues in the UK

Tiger

[thelongandtheshortandthetall] 22/7/2021 16:00

Looks like its turned the corner going by the daily RSI :)
I'm in for a trade from 2319p

[bamboo2] 22/7/2021 12:36

I anticipate possible resistance at approx 2350.
This is the bottom of the gap down, 20/7/2021

200sma 2395
50 sma 2549

Deeply oversold. Needs some volume to take on the overhead gap.

[bamboo2] 22/7/2021 09:41

Capital Research increased from 3.07% [as at 5/7/2021] to 5.01% [TR 1 rns dated 20/7/2021]

They could do with working on their timing.

[redips2] 21/7/2021 16:14

Does not appear to be shortened

[growthpotential] 21/7/2021 14:45

I agree people will enjoy a nice gin and tonic in this glorious weather

[llama1978] 21/7/2021 13:46

As usual the price drops a few quid on a decent update. Steadily taking over the world. Will be back up to 28 in a week. Get some now!

[bamboo2] 21/7/2021 13:14

...added at 2280 ish

Guessing more drinks being consumed as the hot weather continues, and the holiday season is upon us.

[bamboo2] 20/7/2021 15:20

Todays gap down is a measuring gap.

Using Bulkowski's method, the low target at 2222 is absolutely spot on, when measured from the prior swing high to the gap centre.