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You’re not alone mate,keep thinking the same .
Even bought a few more.
£5:90 last month now where will it turn .
Anyone hazard a guess as to what is behind this?
Cant be the 10 mill miss on guidance can it?
The trick is to keep adding...nibbling is the best thing to do if you believe in the company.. this is a good shake of the tree as they say. and it's working wonders..Happy either way, if it falls further i will add more..if it goes up, i will take profits in stages. DYOR.
This sucks.
I thought I got in @ a bargain price of 4.94, jesus Mary and Joseph, sat here for last couple of days thinking "it's hit the bottom" how much more can it drop.....
When people start selling like some are now saying on this board, it's actually a buy signal..time to move on for some but opportunity for others..I shall top up more when US opens. GLA.
Ezy - once one of my favourite companies - is tanking and there’s no resistance from institutional investors to halt it - or even see a “bargain”
Goodness knows where this will end
There’s cancer in this company - someone wants to ruin it - and meanwhile we are losing our shirt. Not for me anymore. I’ll take the hit and move on.
Would love to know what all the minute by minute options trades are….this stock obvs now got BoA attention for very good reasons….hmmm…got to be brave to fight the algos
I use the 61.8% fib (although not as consistently as I probably should). I use a number of other indicators such as the main moving averages, as well as things like the VIX, DXY and various commodity spot prices (the latter useful for some cases).
There are so many potential indicators that I try not to 'overdo' it, so to speak. I only have a certain amount of brain power and concentration span, lol.
And I still find it difficult sometimes to ignore the market and just trade the charts. Work in progress and looking to continue to build this knowledge and understanding - which is when these chat boards can be most splendid sometimes.
Thanks for your further comments, Stupmy. I will post here again if I take the plunge and if that day does not come, then GLA and I hope you make some good profits here.
Added at 466.14p for a trade to sell for tomorrow bounce after the inflation falling news.
could hold with positive news from inflation tomorrow
the narrative so far has been that despite inflation high, travel demand high due to missing out during covid...
narrative will change soon, possibly from tomorrow that inflation is down and people will now able to "afford" ticket prices
Mr shiney it might sound winey, easy jets gonna fly take your timey , You ask stelios he tell us why , easy jet share soon be flying high , See you then best of luck ,we hold the line might make a buck 🥳
I do look at MA's LWHL and I do think they give you very important information. I favour weekly, daily and particularly 2h charts. For Fibs, the 61.8 retracement is frequently hit so Rob's view might have a decent chance of coming to fruition (that fits also with your 450 area).
There a few 'rules' (ideas?) worth considering. You probably know them anyway. One is 'price first' (basically a nod to the fact that indicators are derived from price and are therefore 'lagging').
LWLH, I can't really shoot you down. You're making the effort to see through the clouds and to be honest, you're guess is as good as mine. What you say, makes sense. Round numbers do have an impact on buyers and sellers (I'd caution though they have a bigger impact on PI's than serious players).
For the moment, the sellers are struggling to take it lower, but there's no evidence from my point of view that the buyers are there in sufficient force to suggest we're about to move up. Spotting the potential opportunities is helpful, but at the end of the day, if you want to be close to the turn, you have to sit and watch the price action. To say this is boring is an understatement. But getting it right makes you a lot of money. If I bought now, my interpretation of TA would already have been successful as I've been waiting from 580. But I could still be a way off whatever the low is going to be. It's better to wait for evidence of a turn.
Inflation report tomorrow might give it a nice boost!!!!!!!
Sorry - misread the dates on the chart - it is not a confirmed break yet. IMO, if it stays below the 200 today and tomorrow then it will be. GLA.
Ignore those posters and continue to post your thoughts, please.
Many of us enjoy and appreciate hearing TA, especially those of us who are trying to improve our skills and understanding of this particular niche area, to try and get better at this stuff.
In my simplistic TA view, this is a confirmed break below the 200 now.
I am going to get interested if we see circa 450p (because round numbers like this seem to have an impact on buyers/sellers, so not a trend line number).
Of course, if for example the SP closes above that circa 483p level today and holds above it for at least a couple of trading days, then that might signal that the bottom is in. And I will miss the boat on a potential trade.
Feel free to shoot me down in flames...and obviously just an opinion...if I knew for certain, I would be typing this comment on a private island :) GLA.
Its wishful thinking...but you are more than welcome to wait for that low price..I nibbled already and i believe there will be many more cycles up and down before we get to yr entry level..I love all the volatility because we get rid of some players on the way, the ones that want to make a quick buck but end up losing or the ones that spreadbet and get caught!!! Happy to wait for £5 or £5,30 now..GLA.
Stanley, I don't know what's driving the price down here. If leisure spend were to decrease with disposable income in the event of a worldwide recession then the leisure industry would be hit hard I guess. Is that what is being priced in here? I don't know. Personally, without a better idea of the reasons behind the drop I find it difficult to envisage a fall below the 440 area. If that were to cede, then 405-410 looks like a support. There's also rising tl support from 28 Sept 2022/3rd Oct 2022/12th and 13th Oct 2022, which would give a support around 362 today. I'm finding it difficult to imagine the price dropping to those levels, but I don't have a good grasp on why it's dropping now so that's just wishful thinking I guess. There is also a downside gap to 423 or so and another that I have closing around 370-372 (that's a 2h chart). Personally, I'm still hoping for a bounce around here (467ish).
Hello @Stupmy, what do you think of 380-400 as an entry? I'm reading from a 1d chart that the global cycle will likely take us just below £4.
Honestly this makes no sense... Just look at pre covid, we have div reinstated, will soon be in profit and there will be an interest rate drop v soon... This must be a shake out or am I missing something
Added at 466.5p
gla dyor etc
OTB,WIZZ. IAG the whole sector's down.
I've screen capped this chart to explain common phases in a cycle. It's worth considering.
https://screenrec.com/share/eIkmvMdHbR
Taken from
https://medium.com/@KayodeOla/here-are-the-14-stages-of-the-psychology-of-a-market-cycle-from-beginning-to-end-66a832a0aa06
Stille, I've been clearing the decks also in order to focus on EZJ. Like many on here I think that there will be some good profits soon. Psychologically, now is about the time that people will start to wonder (I am as it happens), what is causing this drop. We've had the 'O'Leary comments' the 'Boing Issue', the potential softening of the economy, but my guess is that many will be wondering what the 'actual' reasons are. There is still a chance that we get a fast drop as people lose faith.