Member Info for DaytradingHarry

You can see my chart on X.

https://x.com/daytradingharry/status/2054101614491836718/photo/1

My buy targets for MKS are:

322 (hit)

318 (hit)

311 (waiting)

I last tipped this as a buy in August, 2025, when it was around these levels. You'll see from the chart (link above) what happened next.

As of Monday, September 22, the software provider Collins Aerospace has stated it is in the "final stages" of rolling out necessary software updates to restore functionality to the "Muse" software.

Did you buy today's dip?

I'm bullish on Wizz Air and this is why:

We had the sharp downtrend in May and June 2025.

Followed by a consolidation near the 1000–1120 pence range.

There are two roughly equal lows and slightly rising highs in this consolidation.

This suggests a potential "Double Bottom" pattern forming a bullish reversal pattern.

We need to see a daily close above 1120 pence for a "Breakout confirmation"

If we see the breakout confirmation, I see 1210 pence within the next 1–3 weeks, or more conservatively, 2–6 weeks.

Here's my maths to back it up, so you know I'm not just plucking numbers out of thin-air.

Double Bottom Analysis:

First bottom: Around June 10 – near 1030 pence.

Second bottom: Around June 25 – also near 1030 pence.

Neckline (resistance level): 1120 pence.

Breakout confirmation: A daily close above 1120 pence.

Target price = Neckline + (Neckline - Bottom)

1120 + (1120 - 1030) = 1120 + 90 = 1210 pence.

Most of my buy limit orders have triggered, this morning. Just one more tranche to go.

Here's my chart showing the main support levels.

https://x.com/daytradingharry/status/1930559153916780985

I’m curious how many of you guys have top sliced, this morning, as a risk management strategy in preparation for a potential drop around midday, today?

Today, we hit the support level from September 11. Last time, we had a nice bounce from this level towards the 430's

Here's my 1 day chart:

https://x.com/daytradingharry/status/1869343302115598343/photo/1

The RNS shows 31 private trades between an unknown party or parties and JPMorgan.

Please Note: No shares in Wood Group have been bought or Sold by the unknown parties or JPMornan.

Here’s how it works:

The unknowns are placing bets with JPMorgan that the share price is going down (they’re taking the short position)

JPMorgan are taking the long side of that bet.

A cash-settled equity swap allows JPMorgan to gain economic exposure to Wood Group's shares without owning them.

JPMorgan is effectively "long," benefiting if the share price rises.

The counterparty (potentially 31 unknown entities) is "short," benefiting if the price falls.

This doesn't involve actual share transfers; instead, parties settle in cash based on price movements.

The 7% share price rise could reflect market optimism based on JPMorgan’s increased exposure, as investors might interpret it as a positive signal. However, the mechanics of a cash-settled equity swap mean JPMorgan doesn’t directly own the shares but has a financial interest in their performance.

It’s possible some investors misunderstood the nature of the swap and assumed outright buying activity by JPMorgan, driving the price up. A closer look at the details is crucial to assess whether this optimism is justified.

@Stupmy

A cash-settled equity swap is a financial agreement between two parties where they exchange the returns from a specific asset, like a stock or stock index, without actually owning the asset.

Here's how it works in simple terms:

Party A agrees to pay Party B the return (like dividends and any price changes) of a particular stock or index.

Party B agrees to pay Party A a set rate, which could be fixed or variable.

At the end of the agreement, the difference in returns is settled in cash. This allows investors to gain exposure to the performance of an asset without actually buying it, which can be useful for hedging or speculation.

Hope that helps.

JD weekly chart looking oversold. Up 5% today after Friday’s lows.

Here's what the weekly chart looks like:

https://x.com/daytradingharry/status/1860998198661095546

Here's my technical analysis chart on BP. The time frame is on the one week chart, meaning each candle represents one week of data. Hope it's some use to some of you.

https://x.com/daytradingharry/status/1839236969085255958

I've got a buy order set at £3.84

That looks like a good entry point on the 1 day chart.

https://x.com/daytradingharry/status/1830889045058060686/photo/1

Good buying opportunity, this morning, on both EZJ and IAG. Support at 428p is holding on EZJ, which if you look at my chart, below, was a great entry point and has held that level.

My EZJ chart https://x.com/daytradingharry/status/1815293492135854109/photo/1

Oil prices slowly moving northwards. $100 dollar oil is very possible within the next couple of months.

Share price is now in oversold territory, looking at the 1 day chart.

We're now at the support level from 12 Feb, 2024.

I've bought more, this morning.

1 day chart:

https://ibb.co/h7MN1pf

As you can see from the 1 day chart, we're getting very close to the bounce zone.

https://ibb.co/wBF1Hnq

The share price is looking oversold on the 1 day chart.

I've added more at 129.00, this morning.

@Jxp101

It's more likely that hedge funds who were short Petrofac are taking profits here and opening new short positions in John Wood Group.

Next support level is around 172p. Break through that level and 138's could be seen again.

I'm definitely not buying at the current level.

The technicals on yesterdays 1 day chart showed 155 as a resistance level.

Me too. It's held support, so I've gone long on MTRO, today.