Member Info for Level5

Shouldhavedone - on a 5 minute chart! That's like yesterday! I understand patience if you want to invest but sitting at a terminal waiting for 5 minutes before a decision short or long is no good.

In my book of charts I have matched the strong probability of a bounce in the SP at this moment.

T4G - Too many discussion boards for me. Takes me 3 weeks just to reply to my emails. I only chat on this board when passing the computer. I have eight full time jobs (mostly unpaid). Telegram is a good thing if you want to delve in to number crunching & any subtle news articles. Telegraph readers I guess.
BOO is a ping-ping stock at present & being blown down wind a little. (Notice no PONG!)

carefree01 - Anything that has been linked from any dimension relating to Boohoo has been discussed on this board over the years.
Main issues are:
Capital investment programme.
Direction & build up of brands online.
Cash flow & low profit margin.
Short sellers.
USA expansion.
Low stock price.
+ usual stuff like competition, inflation, economy, wars & China.
Trading4Good will have full details I expect.

So between the nonsense which attracts an interest there are nuggets to be found. Won't make the SP move like it should though.

Definitely a fishy day. I have dangled my worms in BOO deep water & hoping to hook out a big fish for dinner. Worst case, the worms get swallowed up, we hit 52p & it be another days fishing. Big fish comes in at 60p if some are lucky.
Everyone else waiting for BOO to return to +100p will bee feeding the swans.

If BOO gets a majority stake in REVB & it makes a recovery, profits will rocket in 2024. It's all speculation you know - look for the bubbles.

Smartie06 - the fun is always going down - good luck.

Me waiting for 56p

Weeeeeeee it went - wet patches everywhere.

Lightning tomorrow.

Pipedreamer has the answers we see. SP should be up, down or somewhere in the middle based on good or bad analysis . That covers most eventualities.
Possible a low 57p today then up to 61p. Pivot price remains at 59p until trading update. SP REALLY EXCITED AT PRESENT MAY GO WEEEEEEEEE

Agree with bigbadbob79 - I can see this going to 9p at present but its holding around 12p. As for your 58p average there is not much hope. Maybe another RNS at 11AM.

There was a confirm sell trade at 14:09 for 61.84 followed by your two trades at 14:11 which you bought below market mid price (lucky spk999). If you see your trade in red it just means that your trade (buy or sell) was below the mid market price at the time. MMs are slow sometimes.

Verdict on Boohoo comes in 2024 which is kind of a long time to wait.
For now only the next trading update will make a difference in the near term. The economic recovery won't get going until H2 2023 https://blogs.imf.org/2022/07/13/facing-a-darkening-economic-outlook-how-the-g20-can-respond/
SP can still climb but requires some positivity in the news.
REVB made a surprise gain this afternoon, the same can happen to BOO at anytime.

Last investment at COPL I was out at 26p, now back in at 13.5p. Feels like I have doubled my investment. This time next year will be higher than 26p me hopes. GLA.

Short reduction is good news - trading volumes are up 2M so far. Maybe a drop to 62p then UP to 65p for today.
Guess-o-meter has a happy face. 70p in hiding at present.
FTSE trend looking upwards in to September - https://30rates.com/ftse
Hopefully will reflect on BOO.

Big Dividend coming at TGA £3 PS.

If you all look at the 6 month MACD chart we are in the BUY zone. Trading data so far doesn't seem to suggest any downward movement. 70p may make a return!!

Yesterdays news - https://www.thisismoney.co.uk/money/markets/article-11110891/Short-sellers-aim-Asos-Boohoo-greenwashing-probe.html

A new challenge for fashion retail - the climate impact label
I suppose you pay more for the red labels than the green ones.
https://uk.fashionnetwork.com/news/France-plans-fashion-revolution-with-climate-impact-labels,1430760.html
Starts next year in France

Boohoo has a "Ready for the future" label & a recycling programme through "Regain" - https://www.boohoo.com/page/sustainability-guide.html

BOO SP expected to go UP this week with the market. BUY on the dips.

T4G - I too think sales will be UP but profits will most likely be down. Trading update is likely to reflect that therefore SP will drop on the day of the RNS but pick up quite quickly. 59p being the resident benchmark at present which might explain why the SP is not edging past 65p. Love to be wrong. If I am, SP will be 85p before anyone finds something better to post.

****eye - price depends upon what time you read it. Brent is now $99.60 but it was showing as $93 at the point that I looked on Teletrader which looks like it was totally incorrect. Marketwatch is much better. When the SP was last at 210p, Brent was over $100.
Great obs though, it must be a talented gift you possess. I must remember to answer the questions you have never thought of.
And here is one - We need to leave 30% of the worlds oil reserve in the ground so as not to exceed emissions of one trillion tons of CO2. https://www.caryinstitute.org/news-insights/blog-translational-ecology/how-much-oil-can-we-burn
Table of reserves as of 2016 https://www.aogr.com/web-exclusives/exclusive-story/u.s.-holds-most-recoverable-oil-reserves

There is a good chance of a drop this afternoon but with a recovery shortly afterwards.
Bit like a weather forecast. Always sunny at BOO.