Member Info for Maximillian

2-3% currently, lets see if reflected in further rises here today

2 tranches, repeated attempts to buy required as orders unable to be filled immediately

No knee jerk here, followed my plan, discipline.

Last 2 tranches at 404 / 408

GLA

Https://www.dailymail.co.uk/tvshowbiz/article-13856319/Kate-Rio-Ferdinand-join-glamorous-Jade-Thirlwall-Patsy-Kensit-row-Burberry-unveils-latest-collection-London-Fashion-Week.html

Mad a quick trade back up at 660, was meant to be a year plus hold recovery then sold out for a whopping 1% profit with the aim of getting in lower, was back in at 623 just before the bounce down to 600 so that was rubbish timing. Not seeing anything on charts, tea leaves or psychics advice to indicate the turnaround has happened though. Guess it's wait for an Asia recovery in 2025.

Fundamentals here seem great. Sold out all my 4 tranches at 481-5 to take profit. 500 seems to be the big resistance level. I'd like to hold one long term but something's definitely holding it back, maybe malaise with the whole aviation sector?

Ocado (OCDO.L) — Reports third-quarter results on Thursday 19 September

UK online grocery retailer Ocado is also set to report on Thursday, though its shares have slid since the beginning of the year, with the stock down 57% year-to-date.

“Ocado’s valuation’s been under pressure lately, but its last set of results delivered some positive news to investors’ doors," said Aarin Chiekrie, equity analyst at Hargreaves Lansdown.

The company reported revenue grew nearly 13% to £1.5bn in the first-half, with an uplift across all of its business units.

Read more: UBS issues shopping list for investors amid tech volatility

The number of active customers also increased by 8% to almost 1.04 million, which Chiekrie said was "the biggest driver of growth as price increases contributed a smaller amount".

Ocado's guidance for full-year revenue growth implied a slowdown in its retail and technology solutions businesses in the second half of the year, he said.

However, latest from market research firm Kantar showed Ocado was still the UK's fastest growing grocer in the 12 weeks to 1 September.

"As a result, investors are keen to see if there’s scope for a more positive outlook when the group announces third-quarter results next week," said Chiekrie.

https://www.newsnow.co.uk/h/Industry+Sectors/Retail/Supermarkets/Ocado

Out only because momentum waned after 147. Remains to be seen if it will move to the 148-160 range now, double top at 147/8 then back to 140-147 range before another go at 148. I'm expecting 200 in 2025. Prefer to trade until then using mainly tea leaves, alignment of stars with cloud formations and wind direction.

Also out at 148 on the nose

Fair point Boyo. I have to say in all honesty I have no idea which way or why OCDO does anything. Have a good weekend.

@savage, yes agreed

147 the horizontal resistance, pushing at it again this morning, if we clear that 148-149 out of the channel resistance and can hold it, including touches back down, then on it's way to 160 hopefully.

The board will be filled with users saying it's finished, going to be a penny share, wouldn't invest here and all the other pointless crud. I'm sure investors building a position for when it does turn profitable in the next couple of years won't be overly worried. I'm not an investor, just trade but I'm confident my long positions up at 380/390 will come good at some point in the next year. The announcement of any new CFC's will propel this in a big upswing. All, obviously, my own opinion, OCDO is the opinion play.

Indeed Boyo, no doubt the US drop triggered the drop in OCDO. Obviously, the fund holders on OCDO took advantage of it to have a run down triggering stop losses. No surprise either that OCDO didn't recover to expected levels either, lot of retail investors not buying back in as waiting for sub 300 to recover losses or get a better long term position, probably as per your own experience here. Trading share, swings controlled currently not by fundamentals, rather by those that have the ability to trigger runs. I don't think anyone will be surprised if it revisits sub 300, 280 or even lower. Apart from 300 being a round number that tends to provide support there's no notable supports down to those levels. Sub 300 also likely to cause a stop loss run ( again ). I very much doubt it will stay sub 300 long. Nothing new here WRT OCDO volatility.

Yesterday's big sell off began when US markets opened yesterday, SP recovering from 315 low late in afternoon.

This morning's SP behaviour should give an insight as to whether there's a link. I'll qualify that with OCDO in particular though that whilst a sell off in the US can likewise cause a sell off in OCDO it might not necessarily follow that the fund holders walk it back up. Given that this is still primarily a trading stock. Obviously my unqualified opinion.

"All three major stock indexes scored large intraday comebacks with the help of dip-buyers on Wednesday, overcoming earlier weakness seen following the release of the August consumer-price index.

The Dow Jones Industrial Average finished up by 124.75 points, or 0.3%, at 40,861.71, based on preliminary data. It had been down by as much as 1.8% at its session low.

The S&P 500 closed up by 58.61 points, or 1.1%, at 5,554.13, after having fallen as much as 1.6% during the day.

The Nasdaq Composite ended up by 369.65 points, or 2.2%, at 17,395.53. It had declined as much as 1.4% earlier on Wednesday."

https://www.marketwatch.com/livecoverage/stock-market-today-dow-futures-dip-as-cpi-inflation-data-looms/card/u-s-stocks-pull-off-biggest-intraday-comebacks-in-up-to-two-years-1YpQe6dNVXRNmf2Hy46x

Is priced in within hours if not minutes of it being released as teams of professional analysts employed by the large funds present their findings to the decision makers. Just about everyone holding a position long or short knows it's a highly volatile share and at the upper end of the risk scale with the main drag currently being no new CFCs have been announced, yet. This lets the various funds with sufficient holdings to create spikes up or down, they are also competing with each other and trading those spikes both ways. As for posters who pop in to make lofty statements about how they will never invest here, pointless, don't even warrant comment. The filter is great though, reduces the crud.

Egotistical waffler filtered

@JG Yes, helps a lot to be aware that different providers calculate differently, I wasn't aware of it and Google wasn't my friend when I was trying to find out why that average wasn't changing, cheers! Looks like the capitalgainscalculator.com site has gone though, domain is for sale. I'll carry on with my spreadsheet, next stage of that is to get live prices into it so it flags when targets are hit by either inserting text or changing a cell colour.

@JG / Mary, I'm glad to come across this discussion about averages re: accounting. I started looking at each tranche as an individual trade this year so log each one on it's own row in a spreadsheet along with 5/10/15% targets, sell price, profit / loss and % profit loss as main columns. It was throwing me that my Halifax SIPP and ISA was leaving the average cost per share still set to the same value after I'd sold a tranche to the point where I had to do some basic 10 apples @ 25p / 20 apples @ 30p type scenarios to try and workout why the average price wasn't changing. I'm effectively looking at each tranche as it's own trade. The average cost staying the same in the Halifax accounts was melting my head.