Member Info for AnacottSteel1

MM just burned some ASOS leveraged shorters just took it from £4.60 to £5.15 in a Blip!! Same old same back down to £4.65 now immediately!! Picked up a load of retail Stops positioned for Wednesday. The house always win..

SP has beaten previous days high early this morning bullish. Also considering ASOS down 10% the momentum is continuing…

@steve ASOS RNS

ASOS Plc ("the Company") notes recent media reporting and confirms that it is in the final stages of agreeing an amendment to the future financial covenants in its Revolving Credit Facility, which matures in July 2024. This action will give ASOS significantly increased financial flexibility, against the uncertain economic backdrop. ASOS retains a strong liquidity position and this is a prudent step in the current environment.

Just seen new economic statement from the chancellor this morning… GLA

Technicals look good to carry Fridays momentum into a rise this morning though ultimately how the market reacts to new chancellor comments over the weekend & if he has truly steadied the ship will probably decide if it’s another Blue day.. GLA

Actually @notsofast based on a JP Morgan Blackrock. Maybe do a bit of research as you need to know how the macro will play out as this is what’s holding growth stocks back. It’s quite Simple really & very surprised you are not aware of this. Back to school…

JPMorgan Asset Management Chief Global Strategist David Kelly predicts the Federal Reserve will decelerate the pace of interest rate hikes into 2023, with an eventual "pivot of sorts" to a more accommodative stance as inflation slows. "I think they will go 75 in November. They will go 50 in December, probably go 25 at the start of February. But then I think they'll stop," Kelly says on "Bloomberg Surveillance."

Blackrock “We expect the Fed to change course only next year, when the economic effects of rate rises become clear. The market agrees. Rate projections now show the Fed cutting rates in 2023. That’s consistent with our view.”

Giddy Up! Next stop 50MA 50.98
The 50MA is probably the most significant MA take that & we have genuine momentum everyone will be piling in IMO

Come in LIZ 5p Bounce!

When this moves it will be lightning.. Big boys now know 2 big FED rises then pullback or pause and they can already see at some stage 2023 FED will be cutting in 2023. Big boys getting twitchy as they now some more big falls in the market coming but also they don’t want to miss the massive rebound. They want to be positioned before the FED pivots which as I say is 2 rises. GAME ON…

Bouncing off MA20 38.20. It will hold 40p IMO

Same as yesterday big pullback then eventually higher again so let’s finish 40p+

Kicked In from 20MA BOTS Pickled Now

If it holds 20MA this finishes 40p Friday.. IMO

Bounced off 38.16 Should try again after pullback

Would be nice @2phevs

20MA Would be huge bots will be in a pickle 38.16

Buying pressure finally after 12 months of selling!!

Be great to give the 20MA a rattle 20MA 38.21

Nice we actually moving in line with good news before good news bad news everything sent this down definitely a change in momentum

10MA 35.93
20MA 38.16