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Maybe we'll see an outperformance against BTC further into the cycle...? My guess is miners struggle after a halving until the price of bitcoin catches up. If you chart DAGB against BTC its in quite a nasty long term downtrend (that being said, it's still massively out performing anything else in my ISA!!!).

I would also guess that DAGB will benefit from any altcoin gains (if they start to go silly) by way of holding coinbase and other infrastructure companies.

Looking really nice against the Dollar and more importantly against BTC.

Targeting £8.70 by the end of the year

I'm always surprised at how many comments about Ocado retail there are on here when there is obviously far bigger focus and potential on Ocado's B2B business.

That in mind, hopefully a culmination of lower interest rates (cheaper capital for Ocado and its customers) and the cost of Ocado's solution getting smaller will lead to more international deals getting signed in 2025.

Interesting the don’t pick up on warehouse automation.

https://youtu.be/Nf5MQz7Awlw?si=kIX1M-DzqDXYhXa9

A couple of things I’ve noticed on the monthly chart:

1. June had the highest recorded volume ever - does anyone know why that is? Big players scooping up cheap shares?

2. The price has bounced perfectly off the support line starting from Dec 2011.

Reversal is on, £30 within 18 months is basically guaranteed.

Https://www.standard.co.uk/news/london/self-driving-vans-autonomous-cars-delivery-ocado-asda-wayve-b1048496.html

if you s***** really hard and turn the lights off you could argue the price is still on a uptrend. on a weekly timeframe we haven't had lower lows since june and the relative strength has been trending upwards since may.

if and when money starts to flow back into the market and interest rates fall, ocado should find it easier to sign more deals.

it would also be great if ocado could advertise how much cheaper/more efficient/whatever the osp system is to garner some more interest.

I'd love to know the thought process behind people buying into Ocado for the first time recently... What are they seeing that makes them want to part with their money?

As a publicly traded company I feel the public's knowledge on Ocado is pretty poor. Do they know about the development and sale of automation and robotics, or do they think Ocado is just online grocery delivery?

Why pop down to M&S when you can order them online???

Currently sitting at (very) 8 green weeks in a row. Is anyone else quietly hoping for a bit of sideways action to set up another leg up?

The recent run up has been great, but, it feels like the amount the price has recent doesn't reflect the news that has come out...

Fearful when others are greedy, Sean?

It does feel like the share is overbought... But I also thought that last week! Trend is your friend and all that...

Interesting how the price has hit a wall at the lower resistance level in Nov ‘18. Breaking through should mean good momentum up to ~1070. Fingers crossed!

Charts are looking pretty tasty since the 630 peak… guessing we’ll see a run up into results and then a fall back to 600.

Orrrrr results are great and we blast up to 725..?? 🤞🤞

A bit of sideways movement is needed after the price was looking overbought, which may continue to the 17th/18th…

Hopefully a mega deal is announced with results to mitigate some dodgy numbers!

The Amazon takeover rumour was going around 6 years ago and never came to anything... but If I remember correctly the Casino deal came shortly after :)

Tell us how you really feel Gary!

This is a confusing read...

Isn't one of the benefits of Ocado's warehouses that they are modular? So you can start at low capacity and build up with a lower upfront cost (relatively)?

When it comes to generative AI: wouldn't Ocado just use this to compliment their own systems whether it is off the shelf or developed in house?

And your last rhetorical question is weirdly directed too: It'll cost sainsbury's and tesco just as much as anyone else plus the markup added by whoever they have gotten to deliver the work... At least Ocado are manufacturing the equipment themselves and offering an end to end product - webstore to front door delivery. The real competition is between Ocado and other MHE providers who's services end at the 4 walls of the warehouse.

It's getting very hard to cling on to these shares now... The investment case for Ocado, for me, remains the same in that labour costs continue to rise with inflation, making automation more and more valuable. Having said that, I can't shake the feeling Ocado is losing its buzz.

Could really do with some news to get excited about that will take the price above £7 again. A new mega deal, next gen tech having a genuine impact on the balance sheet... anything?!?!?!

Approaching a clear resistance level that's formed since May.
Monday morning will be interesting. Moving below ~725 could be nasty

All gone a bit quiet in here... is it because Ocado hasn't released a lot of news recently, or that people are mostly out of the markets at the moment?

Think we could see this continue to drop to the recent resistance of 725ish. Dipping lower could be nasty.
Wait for another leg down, fill your bags, and watch Ocado boom as money creeps back into the market, salaries continue to move higher, and new tech brings the cost of Ocado's offering down?