RIckAshby

RIckAshby

DXC are reporting tonight. Looking at tonight’s price action pre report, price has been rising and on the 5 min time frame higher highs and higher lows have been formed. On the longer timeline it has underperformed but is now clearly at major support. A break above the channel should have considerable upside, if results are good this could be the catalyst,...

RIckAshby

After multiple attempts at failing to break the blue resistance line price has closed strongly above this level today. The catalyst for this was the release of good results, check them out for yourself. In addition to this they have just got approval from their Spanish business for $5 billion. Ker-ching. They have also announced a £500 million share buyback...

RIckAshby

The share price flew today, up 16%, on the news that the company’s ceo has bought 125,000 shares at $2.00, canny laddie. Short term chart pattern is forming hh’s and ll’s. Make your own predictions on this chart. It’s a long way to the top if you wanna rock & roll.

RIckAshby

Critical resistance here from previous high. Looks like it’s going higher quickly

RIckAshby

No it’s not a golden retriever or a jack Russell, it’s EVgo. Price closed on Friday at $1.81, up %5 on the day, off as near as dam it an all time low. EVgo is the 3rd largest charging company in the USA behind Tesla and Chargepoint. Revenue has grown impressively since it’s inception beating estimates for the last four quarters. Take a look for yourself at the...

RIckAshby

I’ve been using Hargreaves as my broker for many years and can’t speak highly enough about them, place a deal online, job done. Helpful staff who answer the phone in seconds. Share price performance not so good but looking like it’s recovering. Forget all this technical analysis malarkey. Dividend yield %5.5. No brainier buy and hold for me

RIckAshby

Cybersecurity company Darktrace has had a fantastic run recently. The company have recently raised profit forecasts and a number of brokers have raised the price target for the share price, one analyst is forecasting £8.00 from memory. Looking at the current market cap, Darktrace is 3.21B. Compare this to Ocado, who are at present in the FTSE 100 .Their market...

RIckAshby

Sentiment towards China appears to be growing stronger recently. Price action looks good., divided yield 3%. P/E ratio etc, etc.

RIckAshby

Ocado Group has been a terrible stock to hold as any long term investor knows only too well. Price is currently £3.50, back to the level last seen June 2023. As can be seen on the chart the price rallied strongly from this point. The 4hr candle chart has just posted a bullish engulfing pattern, it must be noted the ftse is currently up 60 points and change....

RIckAshby

Snowflake reported its maiden results back in December 2020 Revenue $159.62M reported earnings $ -0.28M. Revenue has grown exponentially since though earnings have been negative to date. Results are due 22nd May 2024, estimated revenue $786.8M, estimated maiden positive earnings $0.174M. Stock price currently stands at lower support level.

RIckAshby

April 15th is a significant date in the US tax calendar. Investors balance portfolios before this date, often capital losses are realised to offset gains. Rivian would be a prime candidate in this scenario, if you believe the company will be still around in 5 years this could be time to buy

RIckAshby

On 27th March Revolution Beauty released improved guidance of FY Adjusted core profit of at least £12.5 Mln compared to previous guidance of between £11m and 12m. The company has endured a turbulent history, new management look like they are turning things around. Results are out on 1st May

RIckAshby

Short term price action has formed higher highs and higher lows resulting in a breakout of the longer term downward channel, This has been driven by recent gains off the lows of large cap stocks like Alibaba and JD. Com amongst others, may be beneficiaries if the index continues North. Recent data out of China sounds more positive, Analysts have stopped predicting...

RIckAshby

Vodafone is currently near recent lows. Recent Price action has formed a rising wedge pattern. Looking at the 4 hour chart the 50ma has crossed above the 200ma, a golden cross. Rising rsi is also in an uptrend. I suspect the price will move out of wedge, my guess is it will be upwards. Do your own research of course. What do you think?