SHL - Sonic Healthcare

[finicky]

SHL @ 29.70
The establishment seems to be steering retailers into healthcare now. Not saying Gary Glover is a shill, just been noticing 'the narrative' change from the system guys. Thought Gary's take on the daily SHL chart was appealing and must admit the weekly made a bullish engulfing candle last week. Does seem to me that its not far from fair value if the FY23 drop in profit was a one off - maybe even a bit cheap, without being exciting? Vid SHL starts about 18.15

Not Held

 

[DrBourse]

Hi finicky....
Thanks for posting that video.....
I guess the Video was done on or about 17/10/23, I only stayed watching that Video until he started talking abt NCM as a Next Leader....
Was he unaware that NCM has been on Death Row for months, and it ceases trading at COB 26/10/23, yet he called a 3% increase for NCM, then on 18/10/23 the day before the Record Date, NCM dropped 6.58% on the day....
Sorry M8, but unless I've missed something in that video, I would not believe anything he ever puts forward in the future...
Talk abt leading Harold "up the garden path".
Cheers...
DrB..

 

[finicky]

Don't be a smart Alec Dr Bourse. Comments should be limited to SHL

 

[Chipp]

SHL nice bounce from support on decent momentum .

 

[finicky]

Bullish engulfing high volume hammer candle last week too.

Not Held

WEEKLY

 

[rnr]

SHL nice bounce from support on decent momentum . View attachment 173359

Hi @Chipp,
Do you envisage the overhead gaps will cause much of a problem going forward.
Cheers, Rob

 

[Chipp]

Hi @Chipp,
Do you envisage the overhead gaps will cause much of a problem going forward.
Cheers, Rob

My time line for this trade is weeks not months , happy to see that gap around 31.60 filled but at this stage thats the only one i am looking at . Price filling the wedge would be perfect for me , or even close would be fine . I chase what i consider the fast easy money , not that its that easy . i have tgt in mind but if not reached i have a time based stop loss as well . Time is money as much as price

 

[finicky]

Gary Glover and side-kick discuss SHL starting at 9.27