Member Info for MarkBellUK

Just bought another £10k at 247..bargain basement

Ah understand so your referring to the resistant points rather than a consensus broker target

Thanks Sheltie

Hi Sheltie

Can you tell me where I can find the target of £16.94 on Barclays? I can see broker consensus's but no targets?

BARCLAYS INITIATES REDROW WITH 'OVERWEIGHT' - TARGET 540 PENCE

Im trying to work that out as well...any help appreciated.....

PS Sheltie how many brokers do Barclays cover

Thanks again Sheltie

When you say paid up Barclays customer, do you mean use them as a broker?

>What's Plus exposure to this? UK customers only right? and do people bet on crypto much these days?

Its less that 2 % UK Only

PS I have resistance 1 at circa 292 then R2 at circa 380

My reading of the chart is that yesterday large green candlestick is strong and if we finish up today it gives a three line strike, which is a bullish reversal signal (good as we are in downtrend - you must be in a DT for this to be useful and has a 76% success rate) and is very strong given its proximity to support at 240.

We could do with some other confirmation signals (MA MACD Stoch etc) but they will take time - very early days yet

You will never get certainty as its not a science but you can definitely narrow down probability although there are so many factors to read accurately.

Its a pity it doesnt show you how much Ardevora increased by to take them to 0.5% (unless they just opened at 0.5% from 0%?)

Either way their pants are now down, stood in line with the order shorters IMHO

Definitely and with resistant formed nicely at 240 (hopefully) they must be looking to reduce before the upward momentum, which must come at some point I feel, starts to pick up

Maybe they have already started to reduce today....

This has always been very high value now its starting to look like a bargain

"From todays Times on the theme of the daily mail article"

Apologies coffee needed you cant click edit on this flipping site!

From todays time on the theme on the daily mail article

"The latest proposal is seen by the housing industry as a replacement for Help to Buy, which will end in 2023, and was welcomed by leading players. “First-time buyers need help,” said Pete Redfern, chief executive of builder Taylor Wimpey."

Should see a nice push up on the sector on this news, even more so on the likes of RDW which has been oversold more than most

Finish blue lol get the flags out...could 240 possibly be the bottom..part 5?

Thanks Sheltie

Can I ask what site you use for broker ratings...many seem to be drying up (even subscription ones like sharesmag)

..at the moment its the fear of the unknown that is allowing the shorters to keep riding this

But the market has already priced in a bad update, so even an average update should see a lift

Oct 1 2020, 15:21 238.00 609 238.00 238.40 Sell £1,449.42 AT
Oct 1 2020, 15:20 238.00 213 238.00 238.30 Sell £506.94 AT
Oct 1 2020, 15:20 238.00 381 238.00 238.30 Sell £906.78 AT
Oct 1 2020, 15:20 237.925 50,000 238.00 238.50 Sell £118,962.5 O
Oct 1 2020, 15:19 238.00 549 238.00 238.40 Sell £1,306.62 AT
Oct 1 2020, 15:19 238.40 369 237.90 238.40 Buy £879.696 AT
Oct 1 2020, 15:19 238.30 750 237.90 238.30 Buy £1,787.25 AT

Yes its a negotiated trade so wouldnt affect the SP..its the constant algo small volume sells on the order book (used by short funds) that bring this down:-
Oct 1 2020, 15:23 237.50 1 237.50 237.60 Sell £2.375 AT
Oct 1 2020, 15:22 237.70 209 237.70 238.10 Sell £496.793 AT
Oct 1 2020, 15:22 237.70 7 237.70 238.10 Sell £16.639 AT
Oct 1 2020, 15:22 237.60 216 237.60 237.80 Sell £513.216 AT
Oct 1 2020, 15:22 237.90 316 237.90 238.10 Sell £751.764 AT
Oct 1 2020, 15:22 238.00 192 238.00 238.30 Sell £456.96 AT
Oct 1 2020, 15:22 238.00 327 238.00 238.30 Sell £778.26 AT