Member Info for Ableton

Link below to an interesting analysis of the main UK house builders from Dr David Paul @ VectorVest.

https://www.youtube.com/watch?v=xKaXuthR75k

ASOS - Trading statement for the four months ended 31 December 2022: 12/01/2023

Link below to The Times You Tube video filmed in the Burnley warehouse.
https://www.youtube.com/watch?v=QipH8C6eCmc

Dr David Paul of VestorVest posts about market conditions every few weeks & it's always interesting to see what his software is printing regarding trends & if its an appropriate time to buy or not to buy)!

First 4 minutes may be of interest to some here.

https://www.youtube.com/watch?v=hfQW7iwss8Y

The Consumer price inflation data for August 2022 will be released on 14th September @ 7.00am.

BH invested £2m last year in solar panels at its Burnley site, the LARGEST solar Edge project in the UK consisting of 5933 panels!

Screen shot link to BOO Monthly chart below - The vertical blue lines are approximately equal & note this is very basic TA.
https://ibb.co/KX8VFTX

From a basic TA point of view looking @ the monthly chart - 30p could be the low but in reality I can't see BOO @ 30.

The August inflation figures released on the 14th September if favorable to the market could be the news catalyst BOO & ASC need. BOO results on the 28th September if also favorable could boost the ASC sp ahead of their results on the 12th October. It's going to be an interesting few weeks & DYOR!

From their website:
Joules intends to release its Full Year results for FY22 in September 2022.

Final results for the year ended 31 August 2022: 12th October 2022

Clear & concise quick analysis / overview of RMG.

https://www.youtube.com/watch?v=qg46PA31hvg

Every market reaction is a complete OVER REACTION!

Lowest volume this month!

https://uk.finance.yahoo.com/quote/ASC.L/history?p=ASC.L

MACD crossover? This is when the MACD line and the signal line intercept & may indicate a reversal.
Trend line break? On the Weekly Chart the SP has a high of 269.32 (26.9.2021) & 205.14 (14.11.2021). If you draw a diagonal trend line between the two highs & extend the line vertically downwards the current Weekly SP has crossed the trend line.
Further confirmation would come from the 10 Period SMA on the Weekly Chart being crossed - This is a BUY signal for some.

Technical Analysis? Check out the Weekly Chart: Potential MACD crossover & upper trend line break out.

Hopefully the downtrend is close to maturing & we'll see some decent upside in December (double bottom on the Daily).
Note the start of the uptrend / Covid recovery (May 2020) was @ a similar SP. GLA

Another analysis on the ASOS SP & why it's so low.

https://www.youtube.com/watch?v=vfhxoqTWX3E

No problem & it's definitely worth viewing.