Member Info for Stupmy

Not really sure what an M pattern is, but here's what I'm looking at and working to. Sorry it's a bit messy, some previous ideas still partially visible.

https://screenrec.com/share/cVrhApbmTL

Sheltie, the banks do have strong/weak buy sells one way or another. E.g. Reduce might be regarded as weak sell, add weak buy, conviction buy = strong buy. I guess it's down to the level of conviction in any advice, speculative (i.e. weak and deserving of low risk weighting) or conviction (ie strong and deserving of high risk weighting). Get's really confusing when a broker reduces a price target even below the current SP and suggests 'buy' etc.

On the basis of Bulkowski's work 351/352 could represent the price hitting it's logical target (based on activation of a h&s pattern from Jun 20 to jul 14th). The logical target (hit 50% or more of the time) coincides with a support area from from jan 2025 and again Jun 2025. That doesn't look very strong, but it could hold. If it doesn't bring in buyers, then 345 area might. I'm looking to buy back if I get the chance to on evidence of it bouncing a bit.

No-one can see into the future, but without significant news, I fear the price will head down to between 345-350ish maybe lower. I closed out my positions last week with that expectation.

Still looks set to fall to 125 or lower from my point of view. I was short, but closed that out at around b/e and will wait for further falls should they arrive. 125 would give a pretty good entry on my current knowledge.

I have something slightly different I think boyo. Here's my take on the daily, which suggests bullish momentum may be about to kick in. No change in trend yet and therefore any trade would be somewhat speculative. Also, results could change what's happening and have it coming off further again. Like you I have a close above 245 (better still 247) as being an additional bullish sign.

https://screenrec.com/share/6w5H0ZGVLc

AIM, I guess you're leccy bills are on the up due to demand and supply issues. This is a really interesting watch and you have to wonder how may Milliband windmills are going to be needed to power the plans for the future. There is no way that windmills are going to cover AI/data centre needs. Implications for local communities/access to water also very interesting. This journalist is very impressive.

https://www.youtube.com/watch?v=8enXRDlWguU

I think it's likely to come off to 125 or lower.

Apologise for my maths. But any contract between Mothercare and OCDO is unlikely to be greater than the 191 performance fee that MKS have not paid to OCDO. SP still trying for the upside here though so, maybe there is some news in the pipeline. One never knows.

Looks to me as if their revenue (2023/2024) was around 280 million in total. That's less than the hoped for performance payment that wasn't paid by MKS to OCDO (191m). Not sure that it's a big SP mover. I don't know about the idea of a link between the two. Every little helps I guess, but this, if real, looks likely to be pretty small stuff.

I see 240-242 as point of interest too. If it were to close over that. It might give a decent rise. Price action today looks interesting to me. Risky trade, but I'm struggling at the moment. Been sitting on my hands for weeks doing nothing. This is speculative, but it's a good share for speculative movements. Against is the 50eMA, 6.2% declared shorts, good but non-exceptional volume and also the observation that punctate high volume periods have not really co-incided with good price movements (making volume difficult for me to interpret). Would love input from others on volume (or anythinge else Chart/TA). Some great discussion on the fundamentals etc already, but more good stuff is even better.

Ian, my position is unrelated to any expectation on results. Simply price action and speculative punt on a rise. I happen to agree with boyo that the results are unlikely to tell us much new. If that turns out to be the case then hopefully it'll mean there'll be no huge downside from here. All speculative though as stated.

Sorry different thread. The short position still is a worry, but these are long term positions. Still possible to make money on bounces even the shorts end up being right from here. Fingers crossed at least.

That was me, where is the disagreement?

Price seems to baulk at the 50eMA on the 2 h chart. Rarely breaks it. Price is currently sitting bang on the 50eMA from the underside. Seems like an point of interest. Obviously longs want to see a clear break of that, but that hasn't happened since June 9th when it gave about 12p profit. Could be looking at a double bottom on the daily 5th-18Mar and now June 30. Are we about to bounce or will we respect the 50eMA on the 2h chart? I bought speculatively this morning.

To 31st July

85 dollars a month for Cheddar flow's standard plan. Things are always changing with trading and the introduction of dark pool trading seems to be yet another way of making trading data less opaque for us PI's.

Making progress. A quick google gave me this. "For those interested in tracking dark pool trades, platforms like Cheddar Flow provide real-time dark pool data. This information can be invaluable for traders looking to gain insights into large institutional trades and market trends."

5eights, how do you research the volume on dark pools etc?

For the moment, it doesn't seem to have scared the buyers. A lot of these notes just seem to follow the SP, rather than bring anything new to the table. PC's point regarding 300m unsecured debt at 11% is a good one. You don't choose to pay 11% suggesting that OCDO really need that capital and you don't lend at 11% unless you think that the risk is quite high.