#SPD.L Rodrigue Bubble Long

Description

⋅ Dec 12, 2016 12:08 PM

Sports Direct has had it's woes, but the price/action now looks like a Rodrigue Bubble, and we have done all the phases, meaning it's safe to buy again

https://upload.wikimedia.org/wikipedia/commons/4/4b/Stages_of_a_bubble.png

⋅ Aug 21, 2017 8:22 AM

Worked as planed - eventually.

Comments

RajDhall

⋅ Dec 15, 2016 12:39 PM

These guys continue to struggle do you think they will turn now?

elroytrader1

⋅ Dec 15, 2016 1:04 PM

@RajDhall, ignore the noise concentrate on the P/E and technicals.

RajDhall

⋅ Dec 15, 2016 1:05 PM

@adatherton, So solid fundamentals overall and momentum slowing off?