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Tui continued short.Tui failed to continue its head and shoulders pattern due to a surprise share offering! thanks for that tui. this clearly shows they are still struggling which is obvious but this means continued downside for tui is expected especially over the winter. we might get a decent earings out around september next year which will boost share price. from here now considering the offering allowed shareholders to buy at 182 there will be selling upon issue of these shares lowering share price to bottom support line in my opinion around 180/140. i consider this a buy area and can see the failing wedge pattern play out next year so lower your average down and buy anything under 150 if you get the chance. i see travelling becoming hot in late 2022 and in 2023 and this will be the beginning of a trend. during this time no doubt the stock market will flop which will allow people to get a good temporary deal on tui and people decide to spend some profits on holidays. the rotation is coming and tui are the leader and basically only major holiday maker left in UK
TLong
by JamesFlem
DARKTRACE Technical Levels Long Opportunity Without question DARK is a stock to be following in the world of AI and Cyberattacks which seem to be all we read about just lately See WEF for enlightenment . Technically we are sitting in the middle of a ascending channel which we have been trading inside of since June . I have drawn some levels using FIB to provide some areas of support and Entry if any one wishes to start scaling in . The IPO was 2.50 back in April and since then DARK has already printed 10.00GBP as a ATH on Sept 24 followed by a 30% retrace and now retesting those previous highs again although I am expecting the levels I have given to be claimed in the coming months. Appreciate Likes Follows and constructive feedback . See below for other Trade Setups
DLong
by SJTRADESFUTURES
1
Trading Idea - #ASOSBUY. Take the chance! ENTRY: 3235 Pence TARGET: 5782 Pence (+78%) STOP: 2658 Pence ASOS PLC is a global fashion retailer. The company sells its goods on ASOS.com. The company's segments include UK, US and EU. ASOS sells approximately 85,000 branded and private label products, which include jewelry and beauty collections, as well as men's and women's fashion, footwear and accessories. 1.) The share price of ASOS is at a decisive support level (2800 to 3000 Pence). 2.) The share price weakness despite the ongoing online boom offers some attractive opportunities for investors. 3.) At online fashion retailer Asos, the conditions are good that sales will ultimately meet market expectations. This is decisive for the further development of the share price. 4.) The current price is far below the average price target of the most influential analysts, even though they have lowered their price targets slightly in recent weeks. This may indicate a potential increase in value.
LSE:ASCLong
by Traderherz-Analytics
ASC - ASOS LongsThis will be a long term holding for me. I have entered my first buy at 2339 small position as I am getting in a little early. I have a larger buy for 2195 and another at 2135 as price approaches the weekly support area highlighted. Shares have tumbled 60% from their post pandemic high, and 71% from their ATH. The company has been rocked by the sudden and unexpected departure of their CEO, rising supply chain cost pressures, and consumers returning products at their pre pandemic levels (during the pandemic the company noted there was a sharp decline in returns which gave a £67m cost saving). This has resulted in a warning that profits could fall by as much as 40% It feels like the market has over reacted to the news, especially given that sales rose 22% and the brand continues to be a leading player in the online fashion industry despite an intensely competitive landscape. RSI also is into oversold territory on the weekly. Losing the £67m in cost saving due to lower rate of returns should always have been expected given it was a result of pandemic / lockdowns. Asos PE is 13.8 VS UK Online Retail average of 24.6 The company is DEBT FREE Just to repeat the first line, this will be a long term holding for me. It doesn't look as if there is a near term catalyst that will rocket shares up in the coming days - but happy to hold these for a while.
LSE:ASCLong
by jevanss25
2
AO - Lets "not" go - The bulls do not have it!Future opportunity following a weekly green close when it appears. Best buy zone is the accumulation zone, 55% back to all time high levels. This may take several more weeks correct. RSI & MACD continue a downward trend. MA's are not yet corrected. We will be blessed for a Xmas pump if economical and logistical recovery pervails? The confirmation of the RSI, MACD & MAs will confirm AO recovery. AO warned of lower profits for the year, due to the UK’s current supply chain problems. And that’s all down to a shortage of lorry drivers, after tens of thousands headed back to their home countries after Brexit. AO says it now expects “adjusted EBITDA for the full year to be between £35m and £50m, with profits more heavily weighted than usual towards the second half of the year driven by the peak trading period. Source: www.fool.co.uk
LSE:ROO
by JRE1988
2