Member Info for steveinhull

Wow it has suddenly reversed and is getting a bid.

Looks like the usual second half push is upon us. Can we the sell bots get this under 80!the set that as the new resistance.

Let's see

I am lining up some more if we drop into the 70s. My only worry is this is now becoming an opportunity cost.

Lots of news supposed to be coming but still complete silence.

Same old story. Market is down but THG gets hit harder.

That's exactly what's going on. Every time it hits 90 it gets pushed all the way back down again.

I think the saying goes that 25% if a stock move is a function of what the index or its sector is doing.

It's how the algos are trading it. Walking the price down on low vol. Lower and lower resistance levels. It's now 90. If it breaks this then 95 will be next.

Yep. Heading down again. The longer this happens the more bearish it becomes.

It's still being rejected at 90p.

What's makes you think the FTSE levels has any effect of this share price?

When they come out and tell us some of the news they have been dangling in front of investors for months now.

It's our up or shut up time.

Yep it will take big news to move this forward. So many potential news announcement due. Needs to happen soon.

Still refuses to push through 90p. Every time it hits the level time sell bots push it back down again. Very frustrating now

As I feared. 90p was the key level.

Yep that's right. And this share is being pummeled by the algos. I fear now it failed to breach 90 again it will fall right back down.

I really hope I am wrong.

If we have learned anything from Putin it is to believe the exact opposite of what he says

SP has been pushed down off this level a few times this week and it's happening again today.

We need to break past this to end to the day in a good way imo.

I wouldn't be surprised if they leave any news until the earnings are out. The last twice they updated the market the share price tanked so they might be wary of that happening again.

90p was the key. It's failed a few times to break it. It was 95p a week or so ago. Lower and lower resistance levels.

It needs higher volume to break the algo pattern.

Let's hope your prediction is correct.

But this share has a habit of forming strong resistance around round numbers. Looks like 90 is another level it's having problems moving past. After that will be 95 which is was stopped at a week or so ago.

I was thinking same. ASOS also rising. But so far no read across for us

Lots of the battered stocks of recent months are having a relief rally today. Boohoo up 11%.
Let's hope it's for real and it isn't just a one day wonder and profit taking happens tomorrow.