Member Info for Paddyboy1

just a retrace i think Noggers, this share was on a trend reversal before the results came out. i'm hoping it will get back on those tracks. It hit 141 on 3/8 don't forget & bounced back. I maybe wrong, who knows.

another 5000 in the bag at 142, lovely!

LG i seen this on loads of shares, just intraday dips. Just don't panic, believe me i been there before panicked & sold out early only to watch the shares sail to the skies a few days later. sometimes better not to stock watch, & just look in on them every few days or so. Difficult to resist i know. Remember this share is trading way below it's intrinsic value!

this is a buying opportunity. i'm now hoping it goes to 142 for my buy to trigger!

Long Guy you are in panic mode, the support here is not 145 but slightly lower. If the share closes below 140 area could signal a bit of freefall but this is only likely on some very bad news!

buy activity indicates support, red is resistance. I think i recall you as an IAG investor, so if you look on those charts for example you will see huge support at 160 & 180, and huge resistance at 220. As i say it's not set in stone but i find it immensely helpful. Take NEX, my price target is about 230-240, although the share should show resistance at 180 & dip. For sells it's more of a personal judgment call. A great tool to give a good entry level price though!

Be patient Super, don't panic, this share is safe while it's above 143/44 support levels. This will rise given time. Markets probably still wary given last weeks results. They'll soon be forgotten & this share will go up!

Longer Guy, do a technical analysis using the charts. Everyone should do this really before buying stocks. It's not Gospel but a good indicator for entry levels & potential sell points. Can use several websites, i use Investing.com. tap in your share name go down to 'charts', then 'interactive charts' the share historic graph is shown with lots of candlesticks showing up & down movements. You can see where the main buying & selling activity occurs on a share. Best used in conjunction with looking at fundamentals of a company. Helps give you an overall picture & minimise you risk!

once this breaks through the 152 resistance it should rise steadily up to next resistance around 180, barring any bad news of course!

you made no mistake getting in here IanB. This is a real no brainer. Good solid company. Only thing that's changed since 230 placement is sentiment. /company is operating more services now than then. The markets know this. Even when this share dipped to 66p on 17th March it was back over £2 by 26th. Best buy going this share imo!

just treading water today by the looks. Monday's are normally fairly quiet as are Fridays. Main trading seems to be Tues-Thur. Hope this isn't a share which suffers the dreaded 1430 Dow Dip!

haha, i did same, got my main lot at 147, but put in a limit order for 5000 @142. No harm in trying. This share has fantastic support at this 145 level though!

great advice that. this is a patience game, & i done the same in the past, bailed out in a bit of a panic. you're right, that will always end in tears! this share is hugely undervalued & the markets will realise that in time!

i agree Noggers & i been jumping in & out of stocks a lot making quick profits a long the way. In & out of BP & Melrose about 4 times each. bought & sold M&S 12% in 24 hours. The idea of LTH has gone out the window a bit with Covid, as all stocks are upping & downing & while this goes on i'll keep darting in & out hopefully with 10-20% profit each time!

well, i've been invested in quite a few stocks from the ftse100/250, & i'd like to hear what stocks offer a better opportunity for gain than this one at present? This stock is at a very low price (the lowest really if you discount the freaky week in March, & 3/8 price was a day of all time lows for several ftse100 stocks). The 'bad' figures(not that bad imo!) are out now, so negatives are out in the open. this share has a market cap way below it's available equity, a sure sign of undervaluation. I think this share will go only one way from here!

& it's tax related sale. they do this at all companies!

No big deal this i don't think. Probably needs to relocate for new job & buying big house!

in any event i think you got in at a steal at 156, more i look at the fundamentals & history of this share, it looks like a goldmine waiting to bear fruit!

fair enough, just the original post confused me a bit. I guess some people have accounts for LTH & separate ones for day trades. each to their own i guess!

as an example i bought some IAG shares at 230. I also bought some IAG shares at 167. I sold them all last week for 215. I only just about broke even/small gain. Averaging down this is called. I didn't make a profit on the 167 ones as i got stung by the 230 purchase earlier!