ASHTEAD ,,, Pullback Uptrend
It was a very technical pullback to broken level and there is a good bullish candle as a trigger above the price level. set a sure SL for it and enter.
14.85USD
1.62 BUSD
9.70 BUSD
About Ashtead Group PLC
Sector
Industry
CEO
Brendan Horgan
Website
Headquarters
London
Employees (FY)
25.36 K
Founded
1984
ISIN
US0450551009
FIGI
BBG001NFD9B2
Ashtead Group Plc engages in the provision of equipment rental services. The company offers a full range of construction and industrial equipment. Its specialty product range includes equipment types such as pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services. It operates through the following geographical segments: the United States, the United Kingdom, and Canada. The company was founded by Peter Donald Lewis and George Burnett on April 11, 1984 and is headquartered in London, the United Kingdom.
ASHTEAD ,,, Pullback Uptrend
It is a typical pullback to a broken level and followed by a good bullish candle on weakly time. It's triggered for buying by setting SL at about 4600 and next targets are 5550 and 6500.
AHT (UKX) - EW analysis - correction AHT (UKX) - It is in uptrend and impulse up. The 3rd wave of internal cycle seems finished (if not extend further), so expecting correction down as 4th wave before it resume the up trend as 5th wave. 4th wave would expected to be end near 3600 zone.
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Ashtead Group to drop 3% to fill gapThe Ashtead Group share price recently gapped up, and I expect based on previous gap fills for this gap to get filled in the next few days, giving investors the opportunity to short sell the stock for profit.
Sharing my thoughts and observations on Ashtead GroupWhile I am expecting wave Y to develop with a swing low from the current point, an alternative way to see it is that it already happened with the low observed on July 31st and we are seeing now the first impulsive wave up (this would be confirmed if the price breaks the channel that contains the who
Ashtead Group long Reverse Head and Shoulders pattern formed showing two necklines one horizontal - neckline 1 - and one diagonal -neckline 2 - giving two different levels for closing long positions first at 2580 and second at 2640
Ashtead winding up for all time highsMight be a struggle with wider market conditions but it has shown relative strength on every timeframe this year
Ashtead May Make New Highs SoonLast post: May 22nd. See chart .
Review: Price was looking strong and bullish.
Update: Price pulled back slightly but looking strong once again.
Conclusion: We can look for opportunities if price breaks through the previous high.
Any comments or questions, do not hesitate to leave them below.
Ashtead Still Trending StrongLast post: May 2nd. See chart .
Review: Price continued to look bullish after breaking through the resistance level
Update: Price continues the uptrend and is still looking strong
Conclusion: We can look for opportunities when price breaks a previous high
Any comments or questions, do not he
Ashtead Group Keeps Breaking OutReview: Price was using the 50 simple moving average as support.
Update: Price continued to make new highs
Conclusion: The overall trend is bullish and we will be looking for entry opportunities on breakouts.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share
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