Member Info for Barnety2000

Target for next week is 375 then 🤞

Another solid closing UT, like all this week, close to or above the intraday SP high. It’s been a good week for OCDO. Hoping the trend continues next week!

Hopefully back on the upward trend again. It would be nice to close above 350 today…

What’s the rationale for this predicted pull back? Just that the rally is running out of steam? Share prices don’t move in straight lines. It was never going to keep rising by multiple per cent every day. FTSE is also down this morning.

Goldman raises Ocado price target to 400 (350) pence - 'neutral'

Here we go. Upgrades are coming in. Although only neutral rating…

Where else could you have made a 40%+ gain in a week?! If you’d timed it perfectly…

At the end of the day, investing in any stock carries some element of risk. If you want risk-free savings, stick it in a fixed rate interest bank account. I’m a believer that sometimes you have to take the bigger risks to get the biggest rewards. Ocado definitely sits in that category. It can drop fast but when it rises…the reward is huge. You’ve got to be in it to win it. If you wait till the fundamentals are great, the market will have long woken up and you’ll have missed your chance.

Ignoring the obnoxious comments earlier, it was another good day for Ocado, adding another 4%. I was beginning to think the rally had stalled this morning but perhaps there is still some momentum. We’re going to challenge that 330 resistance tomorrow…

Wasn’t that rise based on a takeover rumour though?

I think 330 is a distinct possibility this coming week for sure but where this will end up is difficult to guess. If shorts keep significantly reducing then that’s a VERY positive sign and we could easily see £4+ and back to where we were this time last year.

The encouraging sign for me is that until now, brief early day rises in the share price were quickly followed by a sell off and fall back to or lower than the start of the day. Now we’re seeing the SP holding onto significant early gains and building further on them. This week will be interesting…

315-320 is my guess…

You need to know what you’re doing if you’re shorting a share, it’s a far riskier venture than investing. I was surprised more shorts didn’t reduce at those rock bottom prices before results. Greed? Or did they get it wrong? I’m sure they’ll find a way to ease their exit.

As for Vigilante/Dessert…they were just an antagonistic keyboard warrior in my opinion. Not worth sparing a thought for them.

Barclays raises price target to 260(230), underweight. Joke!!

Early signs of continuing momentum.

It’s amazing some commentators still focus on the negatives in a very positive set of results. Maybe that’s the world we live in or the attitude engrained by shorters into the LSE.

Hopefully just the break that OCDO needs to hit 300+ again. GLA all!

Agree - so much negativity is already priced in here that a big upward movement is the more likely outcome tomorrow IMO. But this is OCDO and anything could happen…

The movement will likely be big tomorrow. It always is on results day for OCDO. The question is, up or down. So 221 is unlikely. It’ll either end up in the high 200s or sub-200 in my opinion…

I’ve lost patience with Ocado…if the interims tomorrow disappoint then I’m out. July has a habit of spiking up so fingers crossed historic trends hold true this time.

Hopefully the support holds. Seems to have been slowly drifting lower with low volumes the past few days. Needs some news to spark this share back to life.

…or back into the red this afternoon?