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Bought back yesterday’s sell.
Happy to buy more if this falls, Sell half at 365 plus
Excellent bouncy SP, just what I need x
I am very pleased that meme retail traders are back to scare these selfish hedge funders! Ocado should be in no time hit 600 plus..
DYOR
Good luck!
Well, it's started leaping about like a dancing dervish again. We'll find out soon enough what all the fun and games is about.
US inflation data came out
Saw a couple of people on Reddit mention pumping ocado because it's the most shorted stock in the UK.
Big jump on Ocado. Had gone up 3 per cent in the last hour. Another bull run
Whats is saying? They are really trying to push this down but its not working. its really gonna blow soon.
Up to 364 now, it will really take over once our US friends come online
Sangi, why would the inflation print push OCDO up, but not others? OCDO seems to have jumped up, but nothing else I watch was affected?
The charts are pointing to this hitting close to 380 again. The shorters are getting squeezed
Growth stock sensitive to Nasdaq rise. It's happened before. It literally spiked the very moment the inflation prints landed, went over 360 for a couple of minutes so that I was able to sell my 352 buy at 365
Oh that's just a trade around the margin of core holding
Looks to be a lot of resistance around the 360s mark. This will probably close around 355
Hi Sang,
Read this well today, bought 351 sold 365 like yourself !
Really pleased it played out this way and banked a few quid, panicked when you said you’d sold, so pleased that like me, your “playing around the core holding”
Top man, OCADO rocks and I wouldn’t want to mislead anyone.
I made similar trades today, bought low 350s and sold in the mid 360s. The only worry is that if this is shorted to the 330 level and that it may dwindle around that number. All it takes is for world markets to correct 10 per cent and we are at 300.
While I was happy to get a 3 per cent profit today I won't be making a habit of similar day trading.
Mono - Sang
Repeat of yesterday ?
I do hope so, 1% more lol
It's falling at a much slower rate than yesterday. Will get involved at sub 350.
It looks as though this will hover around the 350s today. The US inflation report yesterday was likely the cause for the big swings.
I have achieved what I wanted for now. Gonna sit on the cash until I see another opportunity to deploy here or elsewhere.
Hoping to see a retrace on some US stocks like Confluent
Very wise Sangi. Are you totally out or have you held a core amount?
I've reduced to a relatively small core. For LTH's and shorters alike the situation has not materially changed in five weeks: https://invst.ly/14vtua
I hold a decent stake that is intended as a long term hold.
I will only trade if I sense unusual volatility
It doesn't look like we are going to see anything close to yesterdays volatility. It's one to watch for now.