Eadwig
12 Jul 2019
BDEV Bullish "Double Bottom" Chart Pattern This chart shows that the prediction below was fulfilled at the close last night, considerably surpassing its target of @593p-@597p image.png1651x789 115 KB Original chart. +1 for the double bottom prediction!
Eadwig
12 Jul 2019
BDEV Bullish "Double Bottom" Chart Pattern 11 July BERENBERG RAISES BARRATT DEVELOPMENTS PRICE TARGET TO 670 (650) PENCE - 'BUY’
frog_in_a_tree
11 Jul 2019
BDEV Bullish "Double Bottom" Chart Pattern BDEV had a nice uptick on a positive update which seems to run counter to some of the news from the construction sector. On Friday we get a good size dump of special dividend cash which I will reinvest in TW. Good luck whatever your choice. Cheers, Frog in a tree
Eadwig
02 Jul 2019
BDEV Bullish "Double Bottom" Chart Pattern oceanfree: Probably Woodford has stopped selling for a while??? How does your chart predict for things like that going on? Its not my chart and it doesn’t allow for things like that. No chart does. It is automated pattern recognition software and we’ll see how accurate it is in 18 trading days (close of play on 25th July) Woodford has actually announced an extension to the closure of the fund for at least another 28 days, so he may have eased off on sales.
oceanfree
02 Jul 2019
BDEV Bullish "Double Bottom" Chart Pattern Probably Woodford has stopped selling for a while??? How does your chart predict for things like that going on?
Eadwig
02 Jul 2019
BDEV Bullish "Double Bottom" Chart Pattern image.png672x828 32.3 KB
SaraRacano
01 Jul 2019
Starting a new thread I really dislike threads that start to become conjested I think you have to get half decent computer software because you´re dealing with balance of historical probabilty also you have to take into account daily average volumes relative to historical average volumes. You have to work out where you are on the bell shape curve. without proper mathematical insight you´re just looking at a chart & guessing because you´re not using science (mathematics is science). Chartism could be consideed as behavioural economics. Look at gold, many considered (apart from me) this to be in a bear trend but it´s suddenly rebounded. Look at silver this looks to in rebound. There are some odd patterns developing. Historically bubbles seldom reflate. The only reason the world housing bubble reflated from 2013, was gross manipulation by central banks. Silver looks to be interesting As I have previously stated I think we are at the top of the bell shape curve with a double top, it probably has a month or so to go. The fundamentals (debt structures relative to 08 would support it) but these pension funds & sovereign wealth funds certainly look liquid enough to give the market further legs. Counter to that you have events in the middle east. But on the balance of probability something has to give eventually, the higher it goes the higher the falls!
Eadwig
29 Jun 2019
Bullish T/A prediction "Continuation Wedge" image.png648x816 34.1 KB
frog_in_a_tree
05 Mar 2019
Not Looking Good For Housebuilders We are happy with it as it is Pref. No doubt it will come true again sometime. Cheers, Frog
PrefInvestor1
05 Mar 2019
Not Looking Good For Housebuilders Looked to see if I could change the topic title today (was thinking of appending some text) but there would appear to be no edit facility. I’m sure that I’ve see a pencil icon (to allow editing) on topic names previously, maybe this tines out or you can’t change it after other people have contributed or something. Anyway seems it’ll have to stay as it is…albeit not reflective of the March 2019 situation. Pref
frog_in_a_tree
04 Mar 2019
Not Looking Good For Housebuilders No action from Trader…perhaps he is on his travels again? Cheers, Frog
PrefInvestor1
04 Mar 2019
Not Looking Good For Housebuilders Hi @frog_in_a_tree, Yes I just checked out the performance of the big housebuilders PSN, BDEV, TW. and CRST and they are all up 25-33% since the 1st Jan. So you are right things ARE looking good for housebuilders it would seem !. My guess is that they are benefitting from the increased likelihood of a softer brexit, or maybe even no brexit at all ?. But we are coming up to a very tricky time for stocks as a whole as the final chapter of brexit plays out, and being invested in things like house builders and LLOY which are right in the crosshairs is a high risk play IMHO. It may continue to play out well and for these stocks to make further progress, I hope it does - but I am looking for more of an each way bet rather than backing any of these single stocks with a holding. I have some ETF exposure which will do for me. As for changing the title of the topic, well I could do that - but there was a time when it was accurate, so I don’t think that’s appropriate. Well done to anyone who held their nerve and stayed invested in housebuilders. Or better still bought in when they were lower. ATB Pref PS Haven’t heard anything from trader_jack have you ?. He usually responds to the posts I send him but I’ve heard nothing back for about a week now after my most recent post, hope he’s OK.
frog_in_a_tree
04 Mar 2019
Not Looking Good For Housebuilders Hi Pref, Your initiating post on this thread looks a bit wide of the mark now following the ytd sp rise. We all call it wrong some of the time. Cheers, Frog in a tree
frog_in_a_tree
04 Mar 2019
Not Looking Good For Housebuilders Reviewing BDEV today, I find that the sp has appreciated by some 37.5% since January and that it is now near its high point since 2017. Like LLOY it seems to have benefitted from the receding risk of a no deal Brexit. All good! Frog in a tree
frog_in_a_tree
26 Feb 2019
Not Looking Good For Housebuilders I might just add that HTB is a good example of Tory business-led policy. The problem in 2013 was that the economy was being throttled by austerity. Arguably, HTB was a helpful stimulous but it continued in the absence of other expansionary strategies. The reality was that high house prices were largely a result of housing shortage caused by the collapse of building by the social housing sector. The Tory view is that social housing creates Socialist voters and so the housing strategy became totally reliant on private sector builders. And guess what? Those builders found it profitable to maintain a shortge of supply in order to maintain and increase house prices. This is a classic example of political ideology working against the interests of the people. For the sake of clarity, I am a shareholder in BDEV and TW but have never voted Tory. Frog in a tree
