Member Info for Swanley

"Agree HFM definitely worth a poke

And as today is international women’s day..." Not two statements I was expecting to see back to back on IWD! Now I have to clear my lunch off of my monitor. Thanks.

Better get my DJ dry-cleaned this w/e in readiness for next week...

Been watching SOLG since 2016, missed the boat then. Just got in and holding ready for financing. Space suit at the ready, this is going to the f'ing moon.

https://www.youtube.com/watch?v=WKHLqQ_Hi5Q&t=107s

Those sausage rolls are definitely naughty, but I love em!

LOL, Buffet wouldn't have done that ;)

Hahahahahaha, almost completely as predicted. Your banal diatribe cheers me right up. Keep it coming mate.

Bizarre volumes in the last couple of days, 10's and 13's:

06-Mar-24 10:52:03 8.50 13 Sell* 8.50 9.50 1.11 O

06-Mar-24 10:52:03 8.50 13 Sell* 8.50 9.50 1.11 O

06-Mar-24 10:52:03 8.50 13 Sell* 8.50 9.50 1.11 O

06-Mar-24 10:52:03 8.50 13 Sell* 8.50 9.50 1.11 O

06-Mar-24 10:52:03 8.50 13 Sell* 8.50 9.50 1.11 O

06-Mar-24 10:52:03 8.50 13 Sell* 8.50 9.50 1.11 O

06-Mar-24 10:51:52 9.15 50,000 Buy* 8.50 9.50 4,575 O

06-Mar-24 10:01:45 9.50 10 Buy* 8.50 9.50 0.95 O

If there's anything in stock trade codes, then 10 and 13 are significant. No idea why anyone would be trading volumes of c.10 when the trade fees would be substantially more than the value of the trade?!

Yeah they're clearly trying to persuade the BoD to accept that offer so they can profit to the tune of c. 50% assuming a buy-in price of 62p and t hen move on to the next thing. They couldn't care less about what actually happens to Currys.

Yep it could well do that, there's nice support at £5, so that's entirely feasible.

Dunno, but I see trend from 25th Oct 2023 broken today after resistance of weekly 200MA. I expect this to drift down but be supported by weekly 20 MA (probably), weekly 50 MA and daily 100MA as well as previous highs from Jan-Jun 2023 which are now support at around 525. I'm out because of this for now and will be back in sometime around April/May I expect.

Cue Cevodunny telling me this is all chartist B*****cks and that I expect Warren Buffet to believe this nonsense. :)

10 days to go for Elliotts, 13 for JD.com. Hope to see things move over the course of the next week:

https://www.cityam.com/this-clearly-shows-the-absurdity-of-uk-stock-market-valuations-currys-urged-to-accept-offer-that-values-it-at-over-1bn/

Thanks Mary, My (ambitious) target for Wood is April 2023's high of c. 224 but even 180/190 levels would be good to see in the short term. Last RNS was strong. Looking forward to end March final results, feel this is being driven down to see a spectacular uptrend after them.

Agreed, the UK is like a Home Bargains clearance sale bin right about now :)

Being dumped here today. Almost completely sells.

What do you know here Mary? Any insights?

I bought in on 12th Jan's rise, but it's just chopped sideways. Feel it's undervalued with their current order book.

Nope, enjoying my weekend, thanks for asking. Make sure you get some rest and take care of yourself ok? Might be good to take yourself away from all this for a bit. Feels like you're too close to it all xx

Cevodunny are you ok mate? It seems like you might need a lie down and some aspirin.

Honestly, no idea on timeframes, I just see support/resistance points and lots of 'if's'. Either:

1. Price does not get above recent high of 582 and is rejected, then the trend line will be broken and price will need support from something like the Weekly 50MA before attempting to break 582 and the weekly 200MA again - which could be June/July 24, or

2. Price breaks 582 and breaks through the weekly 200MA based on move to FTSE100. That surge could well hit 700 on its own before reversing at a point somewhere around the highs of April 2022. If it breaks through the weekly 200MA, it could hit 700 by May. The May results might well be the spark to hit 700, or not, or

3. There was a historic high in April 2022 which reached 604. This could be a sticking point even if price breaks through the weekly 200 MA, so worth watching price action around this level too

Typically price is rejected first time it hits the larger MA's (last time price touched the weekly 200MA was Feb 2020 and it's been kept down since then), so I wouldn't be surprised if it gets pushed back down (look for failed 3rd attempt at around 577) before being supported by the weekly 50 or even 100 MA before breaking through. Equally it could just sail right through it. Positives are that we're in an upward trend with the MACD diverging on the weekly and which crossed the zero line in Jan 2024, and daily shows higher highs and lows.

Could all be BS though if Putin decides to push the big red button.

Yeah, agreed, they're basically declaring their interests which I'm guessing is a pre-requisite to formalising an offer.

I like that JD.com is carefully and steadily progressing this. Feels like they're taking their time and are serious about the offer which must be imminently about to drop.

Come on, who's gonna say it "I wouldn't want to be out of this stock over the weekend"?

From tech perspective, this looks like the end of the recent (Feb 6th to today) MACD down period (using 21 55 8)and price as reacted nicely up off of the trendline from 25th Oct to recent low on 29th Feb. Price now needs to get above recent high of 582 and this should see it push above the weekly 200MA at around 585 currently.

After that, 6 squid beckons.