Member Info for Hindy86

Jg I’m spreadbet acc because that’s what I trade on so they may be slightly different to yours but shouldn’t be far off

October low 55.30

Monday open 59.5

Covid low 66.30

Take Covid low for example put it on 1 or 4hr you will notice it’s the last place it touched before it started coming down again. Don’t go doing anything rash jg ffs listening to people on here is dangerous ha. Could be a good lesson for you tho,if you wanna trade it do it on a demo acc

It’s what professionals do, I’m not professional by anymeans but if it works for them it’s good enough for me.

Could be the difference between getting in too early and getting a way better price

Or say you bought 50p high 40s and it bounces, banking your profits when you notice it can’t get through one of the levels above before it turns round and falls off a cliff again.

On your last question yes that was sort off my take, Im not expecting anything supper quick tho as looking at it from a buyers side, if your going to purchase anything using debt then your going to need rates down especially for low margin businesses so I’m guessing we kinda have a limited market to sell to at the minute anyway

Paddy I was being sarcastic 😂 I watched the presentation live, missed the last two mins of q na because had to nip out and my signal went when leaving the house.

What I meant was why would the secretary and other insiders be buying if this was going into admin? they wouldn’t, Jesus!

Jg I will have a look in a min and post

Paddy- I hope it goes low 40s as i'm buying more!

Also paddy-The simple advice is: If you think this is going bust: Sell everything or don't invest in it!; If this is going to low 40s: Sell everything tomorrow & buy back at low 40s! There it is.The end! 🤔

Jg what’s Simon (secretary) hoping for then an invite to the administration party? ha. What’s clear is it’s beat a lot of you down now and I get it but you need to try keep emotions out of it that’s how you make mistakes.

Shorts- are betting on this accelerating down and it can’t even hold Octobers low at the min (bearish. ) but you have bullish divergence on multiple timeframes so imo it’s trying to trap some long or shorts (one of thems about to be horribly wrong) you have 3 key levels close by so if you access to a chart you need to put these levels on because if is about to accelerate down one of these will likely become resistance they are

The October low

The open from Monday

And the Covid low

There’s not really any support below 50ps a good area but only physiological at best traders/investors like key numbers 888,Halfords for example but there’s no reason it can’t end up in the 30s Rr, thg, boohoo for another example

If it accelerates down keep an eye out for the sp getting exhausted making smaller moves,sideways trading then one last attempt to go down but bouncing back, it will bounce back like it’s on steroids

Fomc next week markets where expecting 1475 points of rate cuts from central banks but now it’s only 475 according to Bloomberg so some of that might eventually get priced into the markets

Hibbett will rise, Jd should fall

Mixed bag really I thought fy was pretty poor even with most of it known

The covenant increased to 3.0 from 2.8 (getting it down is meant to be a priority)

The target date of 2025 for 1.5-2.0 has been put back until 2027 ( considering most of debt matures 2028 they better start performing)

And the provision came in not at 40-70 like they first forecast or even 70m like they updated but 99m

Q1 seems ok tho

Shame stamp dint take Garat with him

Hopefully it’s Santa coming down the chimney and not a armed robber in a Santa suit 😂

Jg the 22 report is old news you should be looking at h23

The headroom has gone from 225m up to 371m now

The data points what would trigger an impairment have also increased (which is good)

Ie the data points have increased from 110 to 190

120 to 190 and 130 to 200

We did try work this out a while ago but there was only a couple of people interested, it’s kinda to late now anyway your locked in until results drop 😄

Same lwhl we was discussing this recently.

Paddy it doesn’t necessarily have to be such a high percentage but yes stocks that move. A lot trade Tesla for example, because the average daily range is around $6.50 so say you come in pre market and it’s only moved a $1 or $1.5 you would know straight away you could have a decent move coming depending on which way it breaks out long or short.

Back to earnings, we are down roughly 20% in the 20 days leading up to them. Now unfortunately you can’t see the expected move on earnings realease like you can with u.s stocks but say we had an expected 20% move coming (up or down) on earnings release it has already made it to the downside so imo it would take something absolutely horrendous to take this down big and keep it there and not get bought up.

I still think the markets have a little more downside yet personally, may is historically a slow month,sell in may go away all that malarkey. So if we move to the upside and it struggles to hold its gains try not to get emotional we may have have to wait for the main markets to start curling back before we do.

That’s my thoughts

Day traders are scum 😝

Paddy where do get there are loads day trading this from? There isn’t

Why would you day trade this it has .5 spread and moves about 2-3p

There’s loads better stocks to day trade than this. Eg rr it has 1p spread and moves about 10p+

Day traders want stocks with range.

They usually trade stock with news that actually move not junk like this mate

@ronnie you don’t work for hmrc do you? 😂

On this account I could Yh. And I would think on most accounts you can track your progress. I do get what you are saying tho I have multiple accounts and have even closed some down some sites are better than others so it’s kinda like finding the shoe what fits best. Also did they start with a lump sum or do they add it as often as they can do they withdraw it can be a lot to keep track off but you should have some idea of how your doing at all times imo. I had to take a lump some out not so long ago (through no fault of my own) because sometimes life hits you hard… or idiots driving tractors do🤷‍♂️😂

Paddy. I won’t miss out tho if it turns because i always keep a core holding. I have buys above £1 my average on paper has gone back upto 93 at the min be lower including anything I’ve banked, il add to again when ready. Like I said i don’t necessarily class it as earning me loads because my main holding is still down more saving me thousands. If your strategy is hold do nothing then moan when it doesn’t work then that’s on you but I wouldn’t be so quick to say ppl are lying or talking bs just because they have a different strategy to you. Take Mary for example she has a similar sort of strategy and I bet she has outperformed anyone who just bought and hold. She knows what’s she’s doing and sticks to her plan, yes she’s an amateur and still gets things wrong but don't we all? I’ve seen ppl make millions doing what she does, and No matter how good you are at this you will get things wrong,

But don’t we all? Imo that’s what stops a lot of you is fear! Fear of being wrong and I know that for a fact because I use to be the same. So I surrounded myself with people who know what they’re doing and learnt. When you learn and come back to lse you realise 90% on here are clueless. This is actually one the best boards I’ve seen tho some intelligent ppl on here,

Poker,wealth, lw to name a few

Jg ahh got ya

Paddy-guilty I’ve said from the start I’m trading round a core and am more trader based

And il be honest the positions I’ve closed on this are in net profit, its saved me loads more than anything its not particularly made me loads because the majority of the time it’s only come down and I’ve only shorted it a couple of times once recently because the updates aren’t exactly screaming buy and like I’d already mentioned the markets needed a flush imo it’s was more a to cover my core holding more than anything but I’ve bottled it closed it and took profit plus it’s getting to an area I’d like to see it hold onto whether or not it will tho will have to wait and see,

I agree with what you said the other day when someone said your trying to scare people 🤣 just because it’s low doesn’t mean it can’t go lower, if they keep underperforming we’ll be punished 🤷🏻‍♂️

POWELL- appropriate to let policy take further time to work (sounds like higher for longer)

Uk will be cutting before fed at this rate

Jg if you doubled at 58 why did you not take any profits at 92 even just a little

You need to take profits, if you don’t the market will take them from you

I doubled up recently but sold that almost straight away for £300 loss because I knew I missed timed it and it was more likely to come down

Last Wednesday when it fell off a cliff where did it bounce off?

The Covid low… I said to look out for it that’s the market telling you it’s coming down

It’s not random

🚨Broke Covid low now

If it wants to sell off let it

Hopefully the whole market flushes anyway it needs one imo

I want this up as much as everyone else but let’s be honest they miss target after target so deserve to be punished.

Will have to see if Covid low holds but a double bottom looking more likely now imo.

I still think it will come roaring back eventually but it ain’t ready yet

Hi Lara, it’s early days yet and this will be dependent on results now as to which way it goes but if they’re ok and we start climbing back to 90p it will of put in an inverse head and shoulders which is a strong reversal pattern

https://ibb.co/xXrYczP

Marks and Spencer’s had it

Rolls Royce had it (although not as clean so harder to spot) obviously they was 2 of the best performers last year so I’ll show you howdens instead which isn’t quite as strong

https://ibb.co/VvFjqFz

And the most important thing is we still have to perform and hit our targets or we get punished and the patterns collapse

Https://ibb.co/BCsW3wW

See the move before the move

It’s a volatile stock, volatility works both ways

Eventually we will experience it to the upside.

It’s making inverse head and shoulders atm

(That’s the setup I was in about but early days yet)

Volume should come in when it breaks 90p that’s what you want if it does it will get up to about 115-120

Inflation data tomorrow hopefully get a bounce if it’s good 3.5 expected v 4 previously

Economists think it could dip to 2% next month 😳

Inflation expected to fall to 3.5% on Wednesday

UK inflation is expected to come in at 3.5% on Wednesday - down from 4%.

Although forecasts have been wrong consistently for more than a year, in recent months they've not been too far off - and the narrative for some time now has been that inflation would start to fall again come February (it's these figures we'll hear at 7am on Wednesday).

A survey of economists by Bloomberg came up with the 3.5% forecast.

"Cooling food and goods inflation will help drive the rate lower before a plunge in energy bills triggers a more marked step down in April, when economists expect it to dip below the BOE's 2% target," said Bloomberg.