I was trying to work out why TBG has jumped over the last few days, my only conclusion was that it may be a chart breakout however i'm not a chartist, are thtere any out there that can have a look and respond

Rgds
Peter

Takeover rumours according to the press - however caution as imo logistics is currently a buyers market and TB have (imo) poor systems.

Indeed it broke out above the 470p level that's been a bit key for at least 18 months.



Around 550p has also been a key level for a number of years. That's a possible target, but also some congestion around 500p IMO.

Hope it helps.

Al

pugugly, please expand on your comments 'buyers market' + is the press article this week, if so which paper.

Rgds

Bid Al, many thanks for your post.

barretec - no probs

Personally don't see a trade, but then I trade with a view a few days hence if possible. As far as I'm concerned I've missed it and we are now too close to the next area.

For me the risk/reward therefore isn't good enough.

Ne'er mind, another trade will be along in a minute or two!!

;-)

now we know what's been driving the price.

Someone knew didn't they. ;-))

"They" always do.

As recommended on RobotPickedStocks today: -

The robot knew!

http://www.moneyam.com/InvestorsRoom/ShowPostList?fID=1&tID=3289

Haystack - LOL

Nice one.