Where did you investors learn the ropes?

Richie(UK)

Wobblydeb wrote: »

... I own shares in Spice. They issued a positive trading statement earlier this week, and the share price dropped. I've yet to figure out why that happened! ...

My (admittedly very limited! ) reading suggests that a share's price is not only based upon what has happended but also what 'the markets' expect to happen. For example, if the positive trading statement was that the annual profits were £10m but it was anticipated that profits would be £15m then this may lead to a fall in the share price.

MarkFromCornwall

Dr_Funkenstein wrote: »

can uk ppl invest in us stocks?

how do you buy stocks? like where do you go? do you have to go to wall street to buy it/

With Motley Fool online sharedealing you can buy US shares and other international shares in the same way you buy UK shares.

Mark

jamesd

Most services that let you buy stocks also let you buy them on the major world markets, including New York's markets.

seabright

Wobblydeb wrote: »

The price on William Hill keeps dropping down to what is called a support price of c160p and then rising again. If I buy William Hill shares in the next few months, I will look for one of the periods when it drops towards that support price.

Where do you find/how do you calculate the support price?

SailorSam

Stock Research

ses6jwg

seabright wrote: »

Where do you find/how do you calculate the support price?

Its as much of an art as it is a science.




Maybe not the best example but Its a stock I've followed for 5-6 months.

Workspace Group rents out office and commerical property in central London.

The shares were trading at 13-15p for a while, then they "broke out" of that range due to increased confidence in the sector.

As you can see they spiked twice at 25.5-26p, then retraced back again, each time to around 19-20p.

The reason they did not fall back below 19p is due to strong "buying support" i.e. buyers have placed limit orders there to BUY when the stock hits that level, so it rebounds back into the 20s.

Obviously there are more technical ways to look at it and L2 helps but that is my simple way of analysing it.

jimmyss1

seabright wrote: »

Where do you find/how do you calculate the support price?

The support price is simply the lowest price a share has traded for during the very recent past. For example, with Willam Hill (WMH), if you look at the charts of the share price for the last few months, it is roughly trading in the range of low 160's to 190. So, for the moment, the low 160's is referred to as support as the share price has rebounded upwards whenever it goes down this low. And similarly, you could say that 190 is a resistance point, as the price has tended to go down whenever it reached this high.
However, these are just support and resistance points for the moment. They may not hold the next time the share price reaches these level, so be careful if you're looking to buy in at current support.