Ocado Share Discussion Threads

[ny boy] 21/11/2023 08:37

Added a few more on this dip, sooner or later we break 600p and head higher,should be this week imo but dyor as usual

[ny boy] 20/11/2023 22:46

Should be well into 600’s tomorrow but it’s a strange stock, could easily drop 30pn at the open!

[arja] 20/11/2023 10:51

yes , performing well today in a weak market overall .

[ny boy] 20/11/2023 10:04

Should get a firm breakout out above 600p this week. Target area 730-775p

[dlewis1] 20/11/2023 09:16

Hoping 600 will break today and the last we ever see of it.

[arja] 19/11/2023 18:47

ny boy,
I know about CFD and spreadbet accounts but commission is 200% more than I pay on share account although I do use CFD account at times trading ATT and a few other SD stocks .

[ny boy] 19/11/2023 10:11

arja17 Nov '23 - 15:22 - 1463 of 1464
0 0 0
bridggar,
maybe you are the eternal optimist . Don't let it happen again :) . It is trying to go higher and hit 577 earlier today before coming off again and US indices not helping . I wish it was a NO stamp duty stock !

I trade it on IG index, no stamp duty, very easy

[darrin1471] 17/11/2023 18:17

McKesson Canada is an interesting non food customer.
McKesson Canada deliver 1/3 of Canada's (population 38m) medications via 13 distribution centres.


A subsidiary of McKesson Corporation USA who in turn also deliver 1/3 of North American (pop 579m) prescription medicines. McKesson Corporation mkt cap $60b. Kroger mkt cap $30b.

McKesson Corporation also have a joint pharmaceutical wholesale venture in Germany with Walgreens.

[arja] 17/11/2023 15:22

bridggar,
maybe you are the eternal optimist . Don't let it happen again :) . It is trying to go higher and hit 577 earlier today before coming off again and US indices not helping . I wish it was a NO stamp duty stock !

[ny boy] 17/11/2023 11:09

Technicals are indicating a potential move to 730-780p resistance band dyor as usual

Automatic technical analysis. Medium term, Nov 16, 2023
Ocado Group PLC has broken through the ceiling of a falling trend channel in the medium long term. This indicates a slower falling rate initially, or the start of a more horizontal development. The stock is approaching support at 530 pence, which may give a positive reaction. However, a break downwards through 530 pence will be a negative signal. The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well.

[bridggar] 17/11/2023 10:51

Market is irrational - what can I say?

[arja] 16/11/2023 19:57

Bridggar,
Silly to make forecasts like that for next day as it needed rising US indices to kick on . Instead it was the almost inevitable profit taking but was hit more than I expected even in a bearish market .

[ny boy] 16/11/2023 11:20

I told you its a strange stock,🙄

[elsa7878] 16/11/2023 09:07

I presume no one is aware of what McKesson means. And why they haven't signed up before. Hello??
And the answer is....

5th biggest faller on the entire FTSE350 today. Really hope OCDO dont sign any more deals...
How about giving the market some idea of £ or C$.

[liam1om] 16/11/2023 09:02

5th biggest faller on the entire FTSE350 today. Really hope OCDO dont sign any more deals...

[babbler] 16/11/2023 08:42

Yes it's one of the most shorted shares on the market

[topazfrenzy] 16/11/2023 08:11

Added on the dip

Am I right in thinking that this stock is heavily shorted? In which case they will have to close ... the MMs will be trying to help them out but surely this is worth £10 next year?

[bridggar] 15/11/2023 21:39

Transition from grocery retailer to tech stock. Rerating imminent.

[ny boy] 15/11/2023 20:51

Not sure all in one day, it’s a strange stock, the markets can be strong and it falls but since the rns, we might see a return to stronger moves higher, whether we see 700p tomorrow is debatable but by the end of the month..possible

[trickydicky1] 15/11/2023 18:08

I presume no one is aware of what McKesson means. And why they haven't signed up before. Hello??

[bridggar] 15/11/2023 17:36

This will break 7.00 tomorrow

[stutes] 15/11/2023 16:58

hxxps://www.ocadogroup.com/investors/regulatory-news/

One pharma opting Ocado ip/technology - diversification away from grocery sector.

[arja] 15/11/2023 16:44

I have been out on business Qantas and missed the big move for OCDO from about 3.30pm. Doing deals I see from news and you will be a happy bunny :) . chartwise it looks better and if I can stay above 600 it could eventually get to next resistance level of about 720 ! good luck with it and I will hopefully get a trading opp with it if alert at the time :)

[cureboy] 15/11/2023 16:39

Exane who? They had their own agenda.

[bridggar] 15/11/2023 16:34

600 close is frankly astonishing! Still gives a few the opportunity to make a LOT of money over the next few months