Member Info for Amichalskiuk

Last time the daily RSI dipped under 30 was March 2020 at the worst of the pandemic sell off. Every time the 4hr RSI has been at current levels I've the past year there has been a rally of between 400 and 800 points. I'm back in...

Final dip? I would certainly think so. Of AZ are not being bought in riding markets, or now as a defensive stock in falling ones then I have absolutely no clue what's going on!

FTSE goes up and AZ goes down as investors nove from defensive stocks. FTSE goes down AZ also goes down! Go figure that conundrum if you can, because it's a mystery to me.

For what it's worth, from a chart perspective a fib drawn from the most recent swing high of just over 8000 to today's low gives 7215 as the 23.6% and 7370 as the 38.2% retracement levels. Combine that with what I see as 4 waves down and I'd say there could be a push to 7210 as that wasalso prior support and could now become resistance followed by another final drop and hopefully then a new push higher. I can see the low being anywhere between 6670 and 6870. Above 7370 could change this analysis to a move higher I guess. I'm staying out now until I see confirmation either way.

Below 7000 and surely time for a rally??

Shares usually rise on ex div day, today has seen yet another drop. Bizarre!

Having to withdraw a 2bn revenue drug from the US is really not good news. 7200 holding again so far...

IMHO the SP is consolidating due to some negativity around and a rising sterling. I think the pound will itself consolidate now around the 140 level, giving AZ share price the opportunity to move upwards in due course. I just posted my reasoning for a £90 SP by year end.

It seems the wrangling going on is holding back the SP at the moment. I consider a forward PE around 25 about right to value AZ at the momemt. Mid point consensus figures suggest a 2021 EPs of £3.56 with sterling at 1.40, equating to the SP being around 9000 at year end or about 23.5% up from here. 71.5% if using the 3x leveraged Granite shares with IG. That looks a pretty good investment to me and that's without considering the benefits to come of Alexion profits and know how for AZ.

I've held Gamma a coue of times in the last year but not for a wh8le and there seems very little info about share prospects and EPs forecasts. If anyone can point me to any I'd really appreciate it. Thanks.

Why buy tomorrow? Usually shares drop not after the divi, especially if markets are turning lower, which looks possible. Also as in a post I just added, the chart doesn't look good for much higher in the short term, especially with oil also die for a correction form well overbought levels. I'm hoping to buy again around 250-255 personally. Obviously I could be wrong, but it looks the wrong time to buy to me

Signs are there for a bull trap here. Div buying is pushing the shares higher, FTSE and S&P look like they could be turning down, oil is overbought and the BP price chart has a classic head and shoulders perfectly formed. Although I believe in the long term story, I think a short term downturn is likely from here.

I just saw a Telegraph article from a tech fund manager which had this headline...Rolls-Royce will become Britain's best tech stock'
Hyun Ho Sohn of Fidelity.
They've also been tipped a number of times in the past few.months in the Motley Fool with a 1 year price target of at least 200p.
RR Seem a very good punt on a recovery from here.
I don't hold the shares, I have the Granite leveraged instrument. No stamp duty, £3 dealing with IG and 3x exposure. Basically if I want 3k of the shares I just buy 1k of the 3x leverage for the same exposure and save £15 stamp duty too!

SP all over the place today. At the start it looked like it would be a really strong day then suddenly New York has clearly seen something in the results it's not fond of! Bizarre.

How insane, price up over £2 on the alondon open and now down when NY trades. I have absolutely no idea what's going on here!

Looking at the current valuation of a PE just over 24 (7300 converted to dollars at approx. 1.38 then divided by 410 cents per share), and the projected mid EPS for next year of 487 cents, this gives a PEG of 1.3. That seems pretty good value to me for a company with 30% profit margins and low teens growth forecasts for years ahead, especially in this low interest rate environment. Add to this most of he 1 year broker forecasts are between 8500 and 10000 and I'd say it's a buy. I don't purchase the shares though, I use Granite leveraged 3x shares, which is obviously more risk but I think the risk is acceptable on this personally. A conservative rise to 8500 means over 16% gain for the stock but a 49% for the leveraged instrument.

2.961
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My view is that the vaccine has no immediate profit potential as they said it was not for profit while the pandemic is happening. Also it looks like analysts believe AZ is paying too much for Alexion and could even have to pay more now. The CEO thinks otherwise and I'd rather trust him with his excellent track record to be honest.

Very disappointing moves today. I have seen 5 year price forecasts from the US of £1500 per share so I'm not worried, just thought it might make a bigger move today. Anyone else buy these though Granite leveraged 3x shares? Obviously if they go down it's also leveraged, but seems a good way to get exposure to me.

Dropping like a stone again now! I know there's no profit in this while the pandemic is happening but I thought the feel good factor for AZ would have pushed this up another 3% at the open, especially after the very positive noises from the CEO recently.

That's given us a third of 1 percent back of the crazy 6% plus drop I've the past week! I thought buying at 7500 was a pretty sound move. I did not think it would drop another 300!