Micro Focus Share Discussion Threads

[rochdae] 26/3/2021 16:45

Bought 1k a point at 300 on the trading statement. Added on every dip we've had. Only time I bought into strength was yesterday as I thought something would come out of the AGM. Maybe it did.

Will hold till £10...

Good day today. More to come.

Roch

[scepticalinvestor] 26/3/2021 16:29

my avg is in the low 3s friend.would be silly not to slice a few.

[jw330] 26/3/2021 16:10

Find it strange people are top slicing already. Your digging up the flowers before it's fully bloomed haha

[scepticalinvestor] 26/3/2021 16:01

top sliced a quarter of my holding at avg of 527p

[martinfrench] 26/3/2021 15:54

when micro runs it usually does so on momentum for 2-4 days, we shall see this time

[martinfrench] 26/3/2021 15:26

mark,

micro always pulls back because for some unknown reason some idiots think its funny to short this.....madness

few years ago fine, now, prob one of worst short bets on the mkt

and its a rapid volatile stock so always some sellers, and were getting near cap gains time so think it does pull back but has some way to go though

new isa yr will also give it a boost no doubt

if some news leaked ignore most of above :-)

[purchaseatthetop] 26/3/2021 15:26

well third time lucky for the breakout over 500p. I just added because this could run way.

[mo123] 26/3/2021 15:23

The MFGP put call ratio was over 6, so at the moment a few americans getting their fingers burnt.

[markbelluk] 26/3/2021 15:19

Martin whilst I agree on the breakout Im not sure on the pullback

A close over 514 is significant. Two days closing over 514 is massive (we have only seen that once in over a year = 5 & 8th Jun 2020)

[martinfrench] 26/3/2021 15:11

as its friday i'll pat myself on the back, dont like doing but who gives a rip were all making money....

martinfrench24 Mar '21 - 22:14 - 10743 of 10756 Edit
0 2 0
Disagree, chart looks primed for a breakout

[martinfrench] 26/3/2021 15:10

unless some really credible take over talk / deal, this is going to £6 on short closing then pull back as always does to 520-540

still great medium term hold

[markbelluk] 26/3/2021 15:03

Forget 590..once 514 is properly breached there is very little in the way back to 800

[rochdae] 26/3/2021 15:02

Re-rating starting in earnest...
Could be explosive from here.

Roch

[jw330] 26/3/2021 14:44

Momentum certainly picking up a bit now. Traders are coming back in it seems

[gurunostradamus] 26/3/2021 14:40

Indeed onwards and upwards towards 590 hopefully.

[mo123] 26/3/2021 12:55

Maybe the universe sessions went well for the co.

[stoxx67] 26/3/2021 08:03

good recovery in US last evening PATT

its merely a matter of time that resistance is breached and we move higher to targets i have mentioned many times on this BB, from whichever vantage point one views, TA , fundamentals or a roll of the dice (to include the OAP's) ;)

[purchaseatthetop] 26/3/2021 07:48

Actually I ended it with a ?

tee hee!

[dr knowledge] 26/3/2021 07:45

purchaseatthetop - filtered, :-)

[watfordhornet] 26/3/2021 07:37

Have you just ended yours with that?

[purchaseatthetop] 26/3/2021 07:31

I for one just hope for another shorting attempt as I am buying a serious amount of MCRO on Monday next week. I am already in reasonably as you know but having thought about it all, weighed the odds, mostly looked at the Amazon link up it is a no-brainer.

One serious question....am I the only poster who automatically filters anyone who ends their posts with BOOM?

[dr knowledge] 25/3/2021 16:23

Anyone tune in the the AGM for hints of potential good, future news??

[martinfrench] 24/3/2021 22:14

Disagree, chart looks primed for a breakout

[gurunostradamus] 24/3/2021 21:58

I am fully invested in here but there does seem to be a lack of momentum upwards and tough resistance at 490+ which suggests that the shorters may have a last go at this to get it down towards the 50SMA around 450. So it’s better to keep some powder dry just in case that scenario does play out in the next 7 trading days!

Of course I hope that I am wrong but the move down will certainly contain enough momentum to get it over the 500+ for good.