Member Info for steveinhull

The "Goldy Contrarian indicator" (TM) has fired a buy signal.

Coming soon to Trading View, Share Pad and all good trading programs.

The GOLDY CONTRARIAN INDICATOR (TM), scans the LSE message board using natural language processing, to identify statements such as...

1) When will this rubbish go up
2)50p by next week
3)No RNS on Monday= tanking

Once these statements are identified by the GOLDY CONTRARIAN INDICATOR (TM), a buy signal will be fired to your email address so you can start loading up.

Over 6 months, 12 months and 5 years, returns have multi-bagged.

So be sure to add the GOLDY CONTRARIAN INDICATOR (TM) to your trading program, and you too will be driving a Lambo and smoking a cigar within a year.

If they did ANYTHING would be good. I must say the silence from THG towers as the share price sinks is starting to bother me

Went to gym when this was still positive for the day. Said to myself "By the time I get back it will be in the red again".

Well what a surprise LOL

Lets see if they get it under 70p on the UT trade.

I have no doubt that goes on. The inverse will happen too when shares get ramped to the moon. Two sides of the same coin.

The problem here, at least in the short term I think is two fold.
1)The company is almost mute now regarding updates. They are just sitting on their hands as this share price continues to slide. They need to be more proactive informing the market on strategy. And when you do coomit to a strategy actually do it.....like the beauty split that was promised to the market in the first half of 22 that hasn't happened.

2) This is now being traded to the 10 EMA. Every time it approaches the 10 day it triggers the selling. Seems the algo traders are using the 10 day for the programs. Until that is broken we move sideways at best as the 10 day keeps dropping. Is 74.17 today. and again earlier on the SP apprached that level and got sold off.

Same as Boo I believe. We used to trade along with those shares. Seems the link is broken now. But it is hard to know what THG sector is. Is it retail or is it classed as tech?

Hopefully so. Will test the 10 EMA hopefully today. If that breaks we go on a run. Very tight trading range. It has to break up or down soon. Hopefully it's up.

2 pound when in the future? 6 months? 12?

Instead of digging me out tell us your prediction.

They seem very determined to get this under 70p. Been a firm support so far.

Small amounts of progress I think. This is proving stubborn. Get through it and it moves into 80s.

74.83 is the 10 EMA. Keeps trying to break this level but every time it hits the 10 EMA it triggers the sells. If we can push through this it sets up a run imho.

It was the "Goldy contrarian indicator" that fired off this morning. Works every time.

It was the "Goldy contrarian indicator" that fired off this morning. Works every time

If I had a pound for how many times that has been said in the last 6 months lol

The other question is how long can 70p hold?

The algos seem to be keying off the 10 EMA. Every time the SP gets close the sells just come in.

They are determined to keep this share from rising

All the brokers are now starting the downgrade cycles. Lots of P/T being cut.

Not good for those of us sitting on higher averages though

Just hope the UC trade doesn't push us under 70p. The dark forces have been pushing for this for a while now. If it doesn't hold it could get ugly tomorrow.

So ASOS, Boo etc all nicely up again a d we are down again. Just makes no sense for this to keep falling like it does. Must be the only share that gets a director buy of over 1 million and the share goes down.

Stuck in a very tight range and lots of sells lined up around the 72p level. May not move far today unless we get some buys once the US market opens.