Member Info for Stupmy

If you draw that on the daily using time frames Sept 30th to Oct 17 (cup) and the on to a break up today, then it looks to have a logical target of roughly 380. That coincides with a resistance level from Feb 2nd/Apr8 and 9th and then if we get there again we could soon see a 3rd test of it. I suspect that's smaller than the pattern you were considering PG?

ENQ appears to be outperforming TLW (no EPL difficulties) and HBR (apparently trying to reduce EPL impact via offloading UK assets). I'm liking the gradual rise here and added yesterday at 12.4 (that was above the spread presumably due to the volume bid). There's no question that I have too many, having added 3 times recently, but my entry average looks very attainable.

Like Starmer?

As I understand it, you're right max. Any dividend will be taxed and your allowances in the UK have changed a lot in the last couple of years. I guess theoretically the share buybacks should be better in that respect. In practice, it's not clear that the SP reacts positively however.

Still a bit speculative, but I just added a few. Someone suggested a lack of liquidity recently. I could get offers on 5 or 10k, but not 25k.

Could be close to a hidden divergence forming (SP vs 14 3 3 stoch and also RSI. It's not confirmed, but if it does confirm, such pattens have a high likelihood of occuring just before a decent jump in SP. Always best to be patient and wait for confirmation, but certainly looks interesting.

Breaking up? possibly heading to 538 or higher? Wishful thinking on my part? We'll find out I guess.

Political posturing? Let's see what actually happens.

I avoided an error this morning. Was kind of planning to add and checked myself just in time. Still think BTF is right and it'll rise (but that's probably confirmation bias as I'm assuming that the 'transformational UK deal will be HBR transferring to ENQ at a very good price; big assumption). Patience is a big virtue in this game.

I agree. I'm thinking maybe 14p is a decision point. I'd say it's not a no brainer that it will go beyond that. If Trump gets in and the US ramps up supply (in the face of weakening demand) then POO could fall and it could hit all of us. But I'll be looking to add in the near future.

M'yeahhhh, redrawn that line. Not so clear we're on rise now that we're falling again!

Allo Allo, are we about to rise a little?

The wage increases will hit all of the service sector, people struggle to pay for eating and drinking out? So, who gets hit hardest? My guess is that it's the businesses that don't own their premises and are paying down debt. I suspect, after a settling period, that this will favour us if you consider the balance of us vs others in the same business. Obviously, it's not directly good for us, but I think time will be on our side.

What a day. Groundhog day.

Simply based on Charts/TA, I've bought a speculative micro-long. I'll be looking to add over the coming days/weeks.

I closed HBR out on the spike. Can't see a reason for the price to be maintained. I will buy back happily if it drops back.

Could the increase in the minimum wage by 6% be the reason for the SP falling?

Amy I instantly filtered you. This has no relationship to us.

VW news was worse than expected. Now it's not a single car plant but 3. Not a good sign, but Germany has been effectively in recession for quite a period now, is it the VW news that has this on the back foot? If it were, maybe TUI should be coming off too?

Very good point for the US/UK interactions. Starmer has alienated Trump. That makes some sense to me. Good point on the dollar too, I can easily accept that.

It still looks likely we'll see 503 or below in the near future to me. Just trying to understand it. Thanks Pc. I still hold 423 or below as possible, but it's hard to rationalise a big drop like that.

Agree with that John, it's a confident position to pay divis. I'm assuming that the drop is related to the budget. So maybe something in the budget is still expected to hit the hospitality trade? Is it simply the fear of increased tax burden reducing discretionary spending?