Member Info for steveinhull

Every time I see an RNS drop I always think it's the "Big one" we have been waiting for but it always turns out to be something inconsequential.

But knowing how this share works it will now drop 12% at the open ??

Very volatile day.

Ocado is being hammered. Thought that may have effected online retailers today but so far THG and BOO and ASOS holding up.

Great start. Now it's being whittled away

Ok I am game. My guess is we have another up day after closing above the 90 level.

Unless some unexpected news comes out of Ukraine.

It is relevant now. It has been for the last few weeks.

People trade on different time frames. Yours might be years. Others not as long.

Nice UT trade. Excellent.

Depends what the UT does.

As I feared. They have got it back under 90 again. If this finishes below 90 for the day I personally think that is very bearish for the rest of the week.

That can be algo traders buying small then dumping off in a big amount to lower the price near the end of day.

Can you explain how you are connecting the 2? When the Ftse was a lot higher than it is now THG was tanking. How are you connecting the 2 together to explain the price moves in THG?

We are through. Now we need to stay over 90 to end the day.

We are getting a good push up today. If it is going to happen then today is the day I think.

Bounced off 90 again. Must get beyond it soon surely?

Here we go.....walking back down again.

That has been the recent trend. But we need it to break and stay above it.

If we break 90 then 95 is next resistance area. Let's see.

So we had a price spike that drove us up into the green in a short space of time. Then we had a price drop that happened even faster than the increase. We ended up finishing nearly EXACTLY on the point where the price spike started.

Coincidence?

Right back down to the lows in 90 minutes. Just unbelievable.

Yep. The usual routine. Approaches 90 then gets walked right back down again.

And here come the sells to drag it back just as it approaches 90 again.