Gsk Share Discussion Threads

[ny boy] 19/9/2018 14:42

Surely we have tested support for long enough and can make a move to test 1540 resistance soon

Holicks completed deal news would assist

[ny boy] 19/9/2018 12:37

Well Gsk will usually go up as £ goes lower but depends on Gsk news flow but my cable bet is not related to Gsk, just a general market bet on the outcome of brexit or no brexit.

My reason for buying Gsk is a decent pull back from 1600p to 1470/1485 support area, the quarterly divi’s are attractive, it should prove a flight to safety if markets correct, strong management etc.

[alphorn] 19/9/2018 11:52

NYB - obviously don't take a position that precludes any chance of gain - but I am sure that you know that.

How close is the correlation between cable and the GSK sp?

[ny boy] 19/9/2018 11:47

No not selling GSK just accumulating around 1485p



I am just long cable stop moved, so a zero loss,if cable tanks on a no deal.

[tradermichael] 19/9/2018 09:49

I guess so, I misread the message!

[solomon] 19/9/2018 09:34

TM - Isn't he talking about sell cable post brexit not sell GSK?

[tradermichael] 19/9/2018 09:31

Sell post-Brexit? GSK is a defensive stock.

[ny boy] 19/9/2018 09:00

staying long cable from 12900, sell 14500/15000 post brexit( if it ever happens) either way outcome, staying long.

If 1485p support holds, will add more

[tradermichael] 19/9/2018 08:41

$1.32 = £1

[ny boy] 18/9/2018 21:12

ADR at the close about 1507p,

[ny boy] 18/9/2018 19:49

Lubblyjubbly! ADR’s up nearly 1% indicating at present, an open tomorrow at over 1500p

[ny boy] 18/9/2018 16:02

Red ticks are. back, always a buying signal lol!

[ny boy] 18/9/2018 15:00

If we can hold 1485p as support, my target would be a test of 1540p resistance over the coming quarter.

[ny boy] 18/9/2018 12:58

Added a few just above 1485p support, see how it goes before deciding whether to add further

[ny boy] 18/9/2018 10:59

Flip flopping again, 1485 needs to hold into the close at the very least. Certainly testing support, if successful, could get a powerful upside move.

[tradermichael] 18/9/2018 08:25

I'm expecting a massive bounce soon. Shingrix is outperforming. New product licences coming through, plus the Horlicks sale is hotting up. Its now projected to fetch $4 billion (up from the earlier $3 billion) …..

[solomon] 17/9/2018 21:44

Don't you want to wait until after the correction? ;-)

[nico9] 17/9/2018 20:06

have to say im tempted too

[jadeticl3] 17/9/2018 16:45

Surprised myself today! I have so many GSK shares I was not expecting to buy more. But could not believe they were for sale at 1476p, so could not resist another £10k. I am really hoping this has bottomed out now!

[tradermichael] 17/9/2018 14:11

NY B - looking more like 1475p?

[ny boy] 17/9/2018 10:28

Still flip flopping, nearly bought 1485p, will wait a bit long, would like to see some solid closes over 1485 for a week or so.

[philanderer] 14/9/2018 17:36

Thanks TM 👍

[tradermichael] 14/9/2018 14:49

Philanderer, The FDA would surely not have approved a drug intended for use in pregnant women in the first place without asking for the 'crucial tests' relating to possible to harmful effects on a foetus. Furthermore, a Court trying the case would have considered the evidence in full, and then rejected it.

[ny boy] 14/9/2018 13:33

Bottom doesn’t appear to be in yet, I am think 1485p but holding back for now, be nice to get in cheaper, patience I guess.