Member Info for hedged

mcklondon - you've referred to 1d and 1w charts and indicators. If you look at the 1y chart too you'll see this has further to fall. The trend line suggests this could retrace to 250. If you look at the volume for the past two days, these were bigger than any day in the past two months suggesting the strength of the rise was weak.

Yes, I read the cup can take 4-40 weeks and the handle can drop, close to the top of the cup, on little volume. So its not totally unexpected but it was a bigger drop than I expected it to be. Down 0.5% - 1% per day for a a week or two is what I expected to form the handle given the time length to form the cup.

Any reason why we are seeing a 2.5% fall atm. I know we might be seeing a cup and handle formation on the charts so a fall isnt out of the question but it seems quite a random fall.

It looks a decent trading update. 23% increase HY20 vs HY21 and 12% y-o-y.

Digital sales up 15% HY20 vs HY21.

No-one can really assess the effects on the share price between the lawsuits and the increased customer demand & recent acquisitions.

Why do you think boo will fall tomorrow?

Do you think it's a continuation of today (so asos and ocado will fall too)?

Why has it tanked all of a sudden?

I disagree, astute investors realise that their social media presence is of far greater asset than an RNS. I couldn't care less if I didnt see an RNS for the rest of the year knowing the fact that customers are flocking on-line to buy. The fundamentals will play out eventually. Our social media presence will drive our revenues, RNS wont.

I expect the majority of stocks to fall over the week. No-one likes uncertainty.

Fundamentals win over the long-term but the next two or three weeks will be tough for the majority of stocks because of the US election and European lockdown.

I think the macro environment of the US election as well as lockdown will hold BOO down for a bit. But given lockdown will be favourable to online stocks this will eventually increase to it's fair value.

I think this could possibly hit 240p before hitting 400p again by Jan results.

This is horrendous advice. You should always monitor your investments.

Those who state "come back next month/year" generally know this will fall in the short term and fool themselves by stating platitudes.

So you're predicting either a push north or a pull back. Talk about covering all bases.

Flat day it is then.

Has Peacey ever been right with his predictions.

Hes always getting smashed by MindTheRamp because of his dire predictions.

Putting my neck on the line here........but I reckon we are going to have a blue day today.

I looked at the chart intra-day and the RSI was just below 28. I thought you said it was 14 but I guess you meant something else.

If you look at March lows, the RSI actually kept below 30 for about 8 days. The July lows tanked below 30 for 2 days then crept back in within a week but wasnt as severe as the March low.

This looks similar to March.

AFlower - I see RSI around 25 on the 1y chart. What tenor chart you looking at?

My previously stated support of 294 was obviously a fictitious one.

As soon as this hits 250 in the morning it will plummet like theres no tomorrow.
Will be very lucky to see this finish above 180

As more details transpire about the auditing of boohoo, I can only see this going down tomorrow.

This will have to force changes in governance, maybe the founder stepping back and additional personnel to address systemic problems that we might not know about.

Possibly 175p by Wednesday with 210p tomorrow.

Dean7 - who doesn't have a clue?