Member Info for Roydon1

dtrade : May I correct your information about Carnival :
--- They are set to sail this weekend, that is why there was a surge in their SP to more than £11
"Sept 3 (Reuters) – Carnival Corp's shares surged 11% on Thursday after its Italian brand Costa Cruises said two of its ships would resume sailing this weekend, with more to follow."
--- In January 2020 their SP was almost £40, and it fell as low as £6 , so it was far more than 50% - 60%, and as I said even now they are around £11 which is again around 30% of the SP value before Covid.
Now, if you compare RR. SP, you will find that it is 31% to what it was in January 2020
It was £7 , and now £2.17
So, RR SP value dropped in a similar way compared to Carnival, and maybe to others.
And I would imagine that it will bounce back up in a similar way as other international transport companies when things start moving again towards normality (IMHO I give it 2 years)
GL, and all the best

Trojan: Good Article , thanks
I fully agree about Copper.
But not so sure about KAZ
Just looking at the daily Chart , there is a clear Head & Shoulders , if it plays out , then she drops to 450
There is also a Rising Wedge, if it plays out it might take her even further down.
Will be watching closely to see if and when to get in .
GL

HaHa, very good
Maybe at one point we will both get upgraded to Business Class !
The Champaign will be on me ! , mind you they will give us Free Champaign there anyway :)
Good Luck, and All the Best

TradingPlaces69 : Thank you sir
I wonder if this ride will be a Business Class or Economy !
I just got in with a small amount, I understand that the risk is a bit high, and we could have some "Air Turbulence" along the journey !

Just got in @ 217p
Lets see if next week will be good .
I can see a positive movement on all transport ( Air, and sea)
GLA

Easy jet up %2.5
IAG up %2.7
Ryan up %3.2
Surly they are using some RR engines !

Most of airlines are up today on average 2%
I was expecting RR to go a bit higher than this !
Wonder why ?

Afternoon Causal, thanks for the info.
Are you still invested in the Toilet Rolls business ?
They are available everywhere now, so maybe good idea to sell these shares , LOL
Have a great weekend :)

Thanks Trojan, have a nice weekend :)

KAZ bounced nicely off the 50MA today , I actually thought it might go down through it, and in this case, it would fall further , but it didnt ! .
Although it is nicely up today, but the momentum is still heading down, and I wonder what will be the position when the US markets open again , I cant remember if they are closed today or Monday !
GLA

Hi Causal, I am fine thanks, hope you are well too
I think you are right, someone needed to sell his/her shares to pay for something
All the best !

And Nasdaq down more than 4%
Is it the Sell Off long waited ?
KAZ just setting on the 50MA at 550
I wonder where it will go from here !!

Just looking at the Hour chart, the SP just crossed down the middle band
So now we might see 207 again
Another buy in chance ?

Nasdaq tanking big time
Will it drag the whole Market with it ?
It might Triger a Sell Off !

On the daily chart, a rising wedge has been in the making since March
It might just hit the lower band of the Bollinger at 530, then bounce up again
But if Copper drop, then the full Rising Wedge will play, and IMHO, I reckon it will drop to around 400
Only time will tell
GLA

Investing101 : I wouldn't be sure about "bottom reached"
We still have "Lower Highs " and Lower Lows" , in other words, it is still trending down
I would wait until there is a break out followed by an upward trend .
GL

Just looking at the 1 Hour Chart for this SP
It is on a down trend, hit the middle band of the Bollinger at 221p, now it is bouncing off downward
The lower band is at 198p , I would expect it will touch that, then maybe go side ways, or bounce up again.
Just my opinion
GLA

Afternoon Causal :
I see that UBS cut KAZ to Neutral from Buy !

"UBS CUTS KAZ MINERALS TO 'NEUTRAL' ('BUY') - PRICE TARGET 600 (800) PENCE"

IMHO, I think we might see a pull back to follow Copper

Very interesting article
If it plays out, then Copper price will cool down after the massive rally.

https://www.investing.com/analysis/doctor-copper-says-things-are-better-than-they-seem-200534669

Causal : Glad you are well :)
Are you in or out of KAZ ?
You sound like you are out at the moment , and waiting for a good price to get in again !
Me too
I agree with you, looks like a pull back is due soon.