Member Info for HereKittyKitty

Glad you got PFC - I bought 120 & 110 but missed 101 should push to 170 slowly
I do think towards FY results BOO has to push through 370 & hopefully hold 400 if the FY results are as solid as we all expect them to be. I guess the cash position with purchases my pull it down but I'd hope thats priced in already.
The US uncertainty is all thats holding it down at the moment. Problem is press/sentiment with twitchy PIs can drag this down as we've seen 3-4 times in 12 months. Still might take 1-2 years for this share to stabilise once the mess is all cleared away.

Yeah I’ve got a privileged life houses, money & was in the army as a grown man commanding squadrons buy my Daddy won't answer my phone call boo boo

Virgin galactic went 5x but now only 3x with no proven flights yet ... just saying

Lots of 100,000 purchases going through for the last hours - go check if you only have 15 min delayed pricing but on real time there are quite a few - clearly SP being dropped for accumulation

While a disappointment it is letting many others get in at bargain prices - most shares require patience

It’s not impossible - this is AIM
Not sure if you traded about 6 months ago but in one day it dropped 4500 to 3600 and went back up to 4300 on close.
Nothing is impossible with this SP.
I do think we will see 4500 again

The 311 support is holding quite well considering more sellers

Absolutely as we’ve seen it poke through 370 a few times & it was 433 pre all the 4 stories of slavery, tax fraud, auditor and US prospective ban. Pre results I’d fully expect this to trade 350 to 380 bar no more new news & at some point it has to break back through 400 again

I’d genuinely be surprised if 260 is touched unless really bad news like auditor, tax or slavery type news again but I do think 280/290 likely short term

At least Boohoo wasn’t mentioned lol

Resistance Level 3: 328
Resistance Level 2: 325
Resistance Level 1: 321
Pivot Point: 318
Support Level 1: 313
Support Level 2: 311
Support Level e: 306

If you look at the 1 year chart there is a repeating pattern & I've played it 4 times this year. Simple formula - BUY below 310 (ideally 300) & SELL over 350. Whether you think it’s going up or down this week doesn’t matter because in the run up to FY results it will push through 350/370 again so buying now around 310 will reward even if we see 280/290 re tested. While there is bad news circulating out there (true or not) PIs are fickle & hence the volatility. As with ASOS just hold & if you can average down, but ultimately patience is key with this share. The historical patterns teach you how others trade this share taking sentiment & emotion out of the equation. Putting in buy orders lower & sell orders higher really remove emotion & deliver solid profits which is what we are ultimately all here for.

ASOS walloped the same as Brexit article about issues for retail don’t help with Nasdaq playing up to

Let’s see what Sunday Times & The Guardian do next ....

“ boohoo dips after MPs pressure to link management bonuses to ESG goals”

https://www.proactiveinvestors.co.uk/companies/news/943095/boohoo-dips-after-mps-pressure-to-link-management-bonuses-to-esg-goals-943095.html

“ Boohoo could lose right to export to US over forced labour claims”

https://www.edie.net/news/7/Boohoo-could-lose-right-to-export-to-US-over-forced-labour-claims/

“Brexit red tape pulls at the U.K. apparel industry’s seams”

https://www.just-style.com/comment/brexit-red-tape-pulls-at-the-uk-apparel-industrys-seams_id140889.aspx

That chart would indicate 280-290 next low going from patterns with a rise through 370

Bargain @ near IPO prices

My prediction - it’s going to be Friday

Looks like leaving the FTSE250 had zero impact

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