Member Info for hedged

mcklondon - I didnt call you any names. I actually asked what your logic was because I stated a lower range of 294.

I'm still interested in your logic. I may have missed your reply previously.

Okay fair enough.

Inferno, it does seem a large drop as you say, but I'm basing this only on declining sentiment and a bit of fun.

HereKittyKitty, what exactly would my crime be?

Predicting is not a criminal offence. If I predicted 400p and it went to 270, would the BB police come and lock me up?

270p

Slipperz - advice on these boards are not legally binding and cannot be prosecuted. Only you are responsible if you choose to listen to what people are saying.

On the way up the share price paused between the region 294 - 322.

So far we have seen resistance at 322, especially yesterday. Although we are expecting a steady decline due to lack of positive news, I cannot see why it will fall below 294.

Jackdog- did you find the soap?

Below 290p?

Technically, this couldn't break 322. Range is 294 - 322.

But what's your logic for 270p?

If this falls below a certain price then I'm going to buy a lot more. The fundamentals are great.

But I wanted to hear opinions on why people thought certain prices would be achieved.

mcklondon - what's your logic for 270p?

I see a support at 294p but if it goes below that then why not below 250p?

Bablake - last week you stated this would fall, albeit on Friday. Why did you specifically believe it would fall on drastically on Friday?

It's down from 352 to 313 so you were correct in your call.

What's the catalyst to push this up?

Sellers are slowly deciding to cash up their profits. The fundamentals are excellent, but news isnt within the next two months. LTH with a continued pull back. I see the next support at 294.

With the lack of positive news for the next couple of months we are seeing sellers move on to capture potential gains.

The latest increase in share price gave an indication of a support around 294.

Do we think we will fall below 294 or are we confident this support will be maintained as a true bottom?

What do you think the catalyst will be if it dropped to 2100?

This has fallen through the 322 support and will continue in the range of 294 - 322.

When the next piece of news expected?

I get the logic of doing it early. Its the smartest approach. And it would excel Ocados share price leading up to Xmas.

We'll only find out if Ocado create more slots and they subsequently get filled.

I agree that online is a distinct advantage. But I wonder how many people are really thinking about Christmas dinner with lockdown starting to happen again.