Ocado Share Discussion Threads

[qantas] 08/8/2023 21:27

Same day delivery on the up.

[arja] 08/8/2023 08:54

morning folks - markets struggling again with no positive lead from US indices . at least it is a sunny start today :)

[dlewis1] 07/8/2023 12:06

Not sure what's going on with two 700+k showing as a sell but share price held up. Been also seeing those 25k buys coming through again today.

[arja] 04/8/2023 13:01

yes, that is chart support level as I mentioned above . After the rapid run up , I guess profit taking was likely and rising bond yields not helping tech stocks . Non farm payrolls announced in USA at 1.30 pm might change the bearish mood HOPEFULLY !

[leadersoffice] 04/8/2023 10:06

If that happens I'll be waiting to pounce. But I can't see it going much lower than £8 if I'm honest.

[arja] 04/8/2023 08:26

morning folks - a quiet start today and might be the friday blues :) ,.

[qantas] 03/8/2023 19:03

Shorts on the up 3.55% now

[arja] 03/8/2023 10:35

just perused the OCDO daily chart Neilsc and it suggests that a retracement to about 805 support level is possible . But OCDO can take off suddenly and what a run from the low point at 340 .

[arja] 03/8/2023 10:05

morning Nielsc,
you may be correct but it is a little hard to pick direction at present . I am only able to make peanuts on my trades this week and must develop a shorting mentality :) . I see ASC doing well in this bearish market .

[nielsc] 03/8/2023 09:00

Arja,From a charting perspective Ocado has looked toppy over the last few days. RSI high and MACD about to turn.The markets being red certainly hasn't helped.Cheers,Niels

[arja] 03/8/2023 08:18

US bond yields rose again overnight and no wonder the markets are falling with nasdaq being no exception . Shorting is the only game in town but for some reason I very rarely short ! ( wry smile ) . My watchlist a sea of red with not ONE stock rising !

[arja] 02/8/2023 15:10

wishful thinking sadly as US physical market is coming off ( wry smile ) .

[arja] 02/8/2023 14:24

chart worked quite well as often happens and got close to 925 level at 923.5 before pulling back . yes , let's hope USA indices open firmer and continue that way :)

[dlewis1] 02/8/2023 13:12

Nice bounce back today. Expecting another pullback when US opens and hopefully another recovery. Key indicator is close above 925

[arja] 02/8/2023 12:07

OCDO is picking up and now up 30p from low point today and probably heading for 925 chart resistance level which was previously the support level.

[leadersoffice] 02/8/2023 09:55

Seasonal trading patterns also have a part to play. Markets had a good couple of months so it's good for it to take a breather before the next leg up. So I'm waiting to top up here and have funds following my takeover of Lookers which seems that it will go through second time round. I may put those proceeds in Ocado if price dips below £8. Good luck. To the shorters.... don't get burnt now.., we will be back in force!

[arja] 02/8/2023 09:48

might be diewis1 but best to wsit ans see what fed decides to do tomorrow

[dlewis1] 02/8/2023 09:23

Shorts are having the best of this today. Buying opportunity I call it.

[arja] 02/8/2023 08:47

hope so Qantas but US indices futures still falling including nasdaq mainly due to prostents of more interest rate rises signalled by bond yields .

[qantas] 02/8/2023 08:35

It will pick up..

[arja] 02/8/2023 08:23

morning folks ,
With nasdaq and US futures off and falling bond prices, no wonder market off so far and most stocks in the red - hoping it will pick up later !

[qantas] 01/8/2023 20:44

Arja ok no U

[arja] 01/8/2023 16:00

quantas- I looked at your link thanks . But think the BOE will not pause interest rate rises on thursday but hope I am WRONG :)

[arja] 01/8/2023 15:57

OCDO not doing badly today in a down day in overall market

[dlewis1] 01/8/2023 09:45

Over the past couple of days I've been noticing a couple of 25k buys showing up. Seen 2 this morning and 925 seems to be holding well.