Our famed FTSE for Friday

#FTSE_Futures FTSE:UKX January has certainly proved interesting, the UK market experiencing an unheard of 350 point range. Unheard of, unless you take the time to examine 2021 when this was matched 6 times! Numerically, it wasn’t such a big deal but despite media behaving like a circle of feral school kids yelling “fight, fight” over the Russia thing, the FTSE felt quite vibrant.

We believe this a positive attitude relates to the UK index finally exceeding Blue on the chart, along with finally bettering the high pre-Covid, as both signals tended boost other markets worldwide, when they exceeded these levels in 2020 and 2021. It’s already the case the Russia reversal of just a week ago has corrected, the market feeling like “oops, we over-reacted”, giving an interesting suggestion we should anticipate 8121 points as the level at which we should next anticipate real FTSE volatility.

 

From a near term perspective, it appears above 7598 points should next make an attempt at 7638 next with secondary, if bettered, at 7700 points. If triggered, the tightest stop is apparently quite wide at 7540 points.

Our alternate reversal scenario requires the UK to stumble below 7492 points. Such a triggering event risks reversals to 7452 with secondary, if broken, at 7402 points. At present, the FTSE needs break below Blue (7370 points) to justify hysterics as some quite nasty reversals could be anticipated thereafter. Visually, it appears unlikely.

 

Have a good weekend. 52 days until the next Grand Prix…


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:56:33PM BRENT 88.91 87.94 87.01 88.99 89.98 90.27 87.82
10:00:27PM GOLD 1795.12 1791 1787 1807 1817 1824 1797 Success
10:03:43PM FTSE 7572.59 7480 7463 7520 7597 7621 7507 Success
10:06:36PM FRANCE 6996 6946 6903 6997 7062 7075 6976
10:08:46PM GERMANY 15529.86 15329 15241 15458 15583 15628 15425
10:11:29PM US500 4363.55 4307 4278 4358 4430 4453 4362 Success
10:14:32PM DOW 34412.2 33892 33611 34223 34784 34841 34376 Success
10:17:12PM NASDAQ 14139.19 13960 13921 14095 14370 14461 14224 Success
10:18:19PM JAPAN Nothing looks sane 26670 26989 26523
27/01/2022 FTSE Closed at 7554 points. Change of 1.14%. Total value traded through LSE was: £ 8,151,826,198 a change of 20.71%
26/01/2022 FTSE Closed at 7469 points. Change of 1.33%. Total value traded through LSE was: £ 6,753,491,510 a change of 0.93%
25/01/2022 FTSE Closed at 7371 points. Change of 1.01%. Total value traded through LSE was: £ 6,691,379,675 a change of -33.53%
24/01/2022 FTSE Closed at 7297 points. Change of -2.63%. Total value traded through LSE was: £ 10,066,916,711 a change of 27.66%
21/01/2022 FTSE Closed at 7494 points. Change of -1.2%. Total value traded through LSE was: £ 7,885,774,103 a change of 20.92%
20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BDEV Barrett Devs** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **LSE:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Barrett Devs, Darktrace Plc, MAN, Fresnillo, Gulf Keystone, HSBC, IG Group, ITM Power, National Glib, Omega Diags, Oxford Instruments, Polymetal, Royal Mail, Standard Chartered, Tesco, Vodafone, VICTORIA, Zoo Digital,


LSE:BDEV Barrett Devs Close Mid-Price: 602.4 Percentage Change: -1.15% Day High: 604.2 Day Low: 592.8

If Barrett Devs experiences continued weakness below 592.8, it will invar ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 388 Percentage Change: + 8.20% Day High: 385.4 Day Low: 347.6

Weakness on Darktrace Plc below 347.6 will invariably lead to 286 next wi ……..

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LSE:EMG MAN Close Mid-Price: 188.2 Percentage Change: -8.46% Day High: 198.9 Day Low: 187.7

Target met. Continued weakness against EMG taking the price below 187.7 c ……..

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LSE:FRES Fresnillo Close Mid-Price: 636.4 Percentage Change: -7.47% Day High: 667.6 Day Low: 630.4

Target met. In the event Fresnillo experiences weakness below 630.4 it ca ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 223 Percentage Change: -0.89% Day High: 226 Day Low: 221

Continued trades against GKP with a mid-price ABOVE 226 should improve th ……..

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LSE:HSBA HSBC. Close Mid-Price: 538.3 Percentage Change: + 2.98% Day High: 547 Day Low: 520.4

Target met. Further movement against HSBC ABOVE 547 should improve accele ……..

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LSE:IGG IG Group. Close Mid-Price: 845.5 Percentage Change: + 2.86% Day High: 883 Day Low: 832

Target met. All IG Group needs are mid-price trades ABOVE 883 to improve ……..

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LSE:ITM ITM Power Close Mid-Price: 241.8 Percentage Change: -9.78% Day High: 267.6 Day Low: 235.6

Target met. In the event ITM Power experiences weakness below 235.6 it ca ……..

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LSE:NG. National Glib. Close Mid-Price: 1097.2 Percentage Change: + 2.14% Day High: 1102.6 Day Low: 1062.2

Target met. Further movement against National Glib ABOVE 1102.6 should im ……..

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LSE:ODX Omega Diags. Close Mid-Price: 11.75 Percentage Change: + 0.00% Day High: 12.12 Day Low: 11.25

Weakness on Omega Diags below 11.25 will invariably lead to 10p with seco ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2100 Percentage Change: -1.41% Day High: 2125 Day Low: 2060

In the event Oxford Instruments experiences weakness below 2060 it calcul ……..

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LSE:POLY Polymetal Close Mid-Price: 1094.5 Percentage Change: -5.32% Day High: 1144 Day Low: 1093

Weakness on Polymetal below 1093 will invariably lead to 1027 with second ……..

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LSE:RMG Royal Mail. Close Mid-Price: 435.2 Percentage Change: + 1.02% Day High: 436.4 Day Low: 421

Target met. Continued weakness against RMG taking the price below 421 cal ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 546.2 Percentage Change: + 4.24% Day High: 557.4 Day Low: 521.2

Target met. Continued trades against STAN with a mid-price ABOVE 557.4 sh ……..

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LSE:TSCO Tesco. Close Mid-Price: 300 Percentage Change: + 1.42% Day High: 302.2 Day Low: 294.3

Further movement against Tesco ABOVE 302.2 should improve acceleration to ……..

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LSE:VOD Vodafone. Close Mid-Price: 126.08 Percentage Change: + 1.50% Day High: 128.46 Day Low: 122.76

In the event of Vodafone enjoying further trades beyond 128.46, the share ……..

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LSE:VOG VICTORIA Close Mid-Price: 4.2 Percentage Change: -3.45% Day High: 4.35 Day Low: 4.12

Continued weakness against VOG taking the price below 4.12 calculates as ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 144.5 Percentage Change: + 1.05% Day High: 144.5 Day Low: 139

Continued trades against ZOO with a mid-price ABOVE 144.5 should improve ……..

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*** End of “Updated Today” comments on shares.

Vestas Wind Systems about to blow?

#Brent #WallSt With the Scottish Government recently selling off seabed rights for windfarms, accepting the international equivalent of some coloured beads and mirror fragments in payment, we were inevitably reminded of another Scot, Gordon Brown, famously selling the UK’s Gold Reserves at the bottom of the gold market. However, a look at Vestas, industry leader in turbine manufacture was warranted as it appears another market is about to open for them.

In addition, it’s blooming windy here in Argyll tonight with gusts above 50mph, justifying nervous looks at a dead oak tree in the garden.

Danish company, Vestas Wind Systems, look like a difficult share to buy, despite being listed on Spread Bet platforms and traded on the Nasdaq Copenhagen. Our review of their share price is in Danish Krone with the current exchange rate roughly at 1 Krone equalling 11p .

 

Our enthusiasm for a potential supplier to the lucky recipients of Scottish seabed has been somewhat tempered by a glance at their share price history for the6 months. The price has been pretty static, the company complained at raw material costs, along with the inevitable supply chain delays, an issue which seems far wider than just the UK with its self inflicted Brexit problems. As the chart shows, the price is currently exploring new lows BUT there’s a reasonable chance it has finally bottomed. We’d a calculation giving 158p as a potential ultimate bottom and with the share hitting 159.5 on Tuesday 26th, we suspect a bounce should prove sustainable.

The immediate downtrend requires the share price to exceed 183.5 to indicate some upward travel is coming. In such a scenario, we anticipate movement to an initial 190 with secondary, if bettered, at 204 and some potential hesitation. It may prove important to remember closure above 190 DKK takes the share into a region where we calculate a longer term 239 as being possible.

Hopefully Vestas shall prove worthy of watching. The share price needs below 158 to justify severe concerns as we cannot calculate lower.

.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:40:05PM BRENT 88.6 87.75 87.22 86.48 89 89.44 90.205 92.13 87 Success
9:49:08PM GOLD 1818.03 Success
9:51:32PM FTSE 7435 ‘cess
9:54:18PM FRANCE 6965 Success
9:56:55PM GERMANY 15373.57 Success
9:59:10PM US500 4349.24 Shambles
10:02:03PM DOW 34169 33854 33809 33626 34176 34316 34422 34613 34009 Success
10:04:57PM NASDAQ 14172 Success
10:07:50PM JAPAN 26922 Shambles
26/01/2022 FTSE Closed at 7469 points. Change of 1.33%. Total value traded through LSE was: £ 6,753,491,510 a change of 0.93%
25/01/2022 FTSE Closed at 7371 points. Change of 1.01%. Total value traded through LSE was: £ 6,691,379,675 a change of -33.53%
24/01/2022 FTSE Closed at 7297 points. Change of -2.63%. Total value traded through LSE was: £ 10,066,916,711 a change of 27.66%
21/01/2022 FTSE Closed at 7494 points. Change of -1.2%. Total value traded through LSE was: £ 7,885,774,103 a change of 20.92%
20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IQE IQE** **LSE:ODX Omega Diags** **LSE:SCLP Scancell** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aston Martin, British Telecom, Empyrean, Fresnillo, Gulf Keystone, HSBC, IQE, Omega Diags, Scancell, Zoo Digital,

LSE:AML Aston Martin. Close Mid-Price: 1198 Percentage Change: + 3.28% Day High: 1222 Day Low: 1177.5

Further movement against Aston Martin ABOVE 1222 should improve accelerat ……..

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LSE:BT.A British Telecom. Close Mid-Price: 191.55 Percentage Change: + 0.82% Day High: 195.15 Day Low: 188.8

In the event of British Telecom enjoying further trades beyond 195.15, th ……..

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LSE:EME Empyrean. Close Mid-Price: 6.05 Percentage Change: + 2.54% Day High: 6.1 Day Low: 5.75

In the event Empyrean experiences weakness below 5.75 it calculates with ……..

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LSE:FRES Fresnillo Close Mid-Price: 687.8 Percentage Change: -14.56% Day High: 759 Day Low: 684

Target met. Weakness on Fresnillo below 684 will invariably lead to 650 w ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 225 Percentage Change: + 4.90% Day High: 225 Day Low: 218.5

Further movement against Gulf Keystone ABOVE 225 should improve accelerat ……..

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LSE:HSBA HSBC. Close Mid-Price: 522.7 Percentage Change: + 2.61% Day High: 526 Day Low: 511.6

In the event of HSBC enjoying further trades beyond 526, the share should ……..

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LSE:IQE IQE. Close Mid-Price: 31.65 Percentage Change: + 0.00% Day High: 32.8 Day Low: 31.35

Target met. All IQE needs are mid-price trades ABOVE 32.8 to improve acce ……..

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LSE:ODX Omega Diags Close Mid-Price: 11.75 Percentage Change: -6.00% Day High: 12.5 Day Low: 11.75

Target met. In the event Omega Diags experiences weakness below 11.75 it ……..

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LSE:SCLP Scancell Close Mid-Price: 18.3 Percentage Change: -3.68% Day High: 19.25 Day Low: 17.75

Weakness on Scancell below 17.75 will invariably lead to 16.2 with second ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 143 Percentage Change: + 10.00% Day High: 143.5 Day Low: 139

Target met. Further movement against Zoo Digital ABOVE 143.5 should impro ……..

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*** End of “Updated Today” comments on shares.

Some Trainline Share Price thoughts

#CAC40 #SP500 Like everyone, we’re keeping a weather eye on shares which should recover, once pandemic damage recedes. Obviously, aviation, holidays, and public travel must be thought of as useful potentials and it’d be true to say many are showing early signs of ‘something’, hopefully  recovering from a bottom but miles away from their pre-pandemic level. Trainline, on the other hand’ still appear to be researching where the price shall actually stop travelling down!

The company low in the pandemic party month of March 2020 (ask Boris), was a closing price of 202p. Currently around 223p, the share is at its lowest since the initial pandemic crash. This inability to find a bottom is obviously an issue, perhaps a reflection of diminished numbers of commuters, perhaps a reflection of the UK’s predatory train ticket pricing. A glance at Google News failed to uncover any immediately obvious reasons for the share price decline, so perhaps this shall be worth some deeper research from anyone trying to buy a “cheap” share.

 

The share price is currently at a level where it “might” bounce but we’re not entirely sold on the idea. Instead, there’s a reasonable chance near term movement below 214p may reach 199p and hopefully, this drop ambition shall prove sufficient to declare itself as a bottom. The big picture is rather less comfortable thanks to a seriously unpleasant detail. When the price broke below Red on the chart, it entered an Big Picture arena where we can calculate an ultimate bottom of -34p. Obviously such a number is impossible but unfortunately, its existence tends give our software hysterics as recovery from near term drop targets will often prove less than enthusiastic.

Our inclination is to simply hope 199p provides a buffer opportunity for The Trainline as weakness below calculates with an initial 164p with secondary 113p, a level from which it almost must rebound. For this reason alone, it’s perhaps worth keeping an eye on.

Presently, Trainline requires exceed Blue (273 at time of writing) before any recovery dare be taken seriously. A movement such as this takes the price into an area where an initial 311p is expected with secondary, if bettered, a longer term visit to 344p and some pretty confident looking hesitation.

.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:06:58PM BRENT 87.05
10:09:04PM GOLD 1847.67 ‘cess
10:11:27PM FTSE 7361.35
10:25:44PM FRANCE 6909.9 6775 6748 6694 6863 6910 6948 7006 6850 ‘cess
10:28:43PM GERMANY 15038.64
10:30:27PM US500 4315 4282 4248 4194 4357 4408 4448 4504 4337
10:34:25PM DOW 34079 Shambles
10:36:38PM NASDAQ 13962 Success
10:41:25PM JAPAN 27147
25/01/2022 FTSE Closed at 7371 points. Change of 1.01%. Total value traded through LSE was: £ 6,691,379,675 a change of -33.53%
24/01/2022 FTSE Closed at 7297 points. Change of -2.63%. Total value traded through LSE was: £ 10,066,916,711 a change of 27.66%
21/01/2022 FTSE Closed at 7494 points. Change of -1.2%. Total value traded through LSE was: £ 7,885,774,103 a change of 20.92%
20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%
17/01/2022 FTSE Closed at 7611 points. Change of 0.91%. Total value traded through LSE was: £ 5,779,249,970 a change of -10.18%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:OPG OPG Power Ventures** **LSE:QFI Quadrise** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : BALFOUR BEATTY, Barrett Devs, Darktrace Plc, Experian, IQE, ITM Power, OPG Power Ventures, Quadrise, Spirax, Taylor Wimpey,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 253.2 Percentage Change: -0.16% Day High: 259 Day Low: 249.2

If BALFOUR BEATTY experiences continued weakness below 249.2, it will inv ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 604.2 Percentage Change: -1.66% Day High: 626.2 Day Low: 595.4

Target met. Weakness on Barrett Devs below 595.4 will invariably lead to ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 352.4 Percentage Change: -2.65% Day High: 376.4 Day Low: 352.2

Continued weakness against DARK taking the price below 352.2 calculates a ……..

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LSE:EXPN Experian Close Mid-Price: 2926 Percentage Change: -0.78% Day High: 2986 Day Low: 2901

Target met. In the event Experian experiences weakness below 2901 it calc ……..

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LSE:IQE IQE. Close Mid-Price: 31.65 Percentage Change: + 8.21% Day High: 31.95 Day Low: 29.25

Further movement against IQE ABOVE 31.95 should improve acceleration towa ……..

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LSE:ITM ITM Power Close Mid-Price: 255 Percentage Change: -6.11% Day High: 282.2 Day Low: 250

Weakness on ITM Power below 250 will invariably lead to 241 with secondar ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 10.55 Percentage Change: + 0.48% Day High: 11 Day Low: 10.5

Continued weakness against OPG taking the price below 10.5 calculates as ……..

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LSE:QFI Quadrise. Close Mid-Price: 2.15 Percentage Change: + 4.88% Day High: 2.1 Day Low: 2.01

In the event Quadrise experiences weakness below 2.01 it calculates with ……..

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LSE:SPX Spirax. Close Mid-Price: 12700 Percentage Change: + 0.08% Day High: 12815 Day Low: 12110

Weakness on Spirax below 12110 will invariably lead to 11972 with seconda ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 144.9 Percentage Change: -1.46% Day High: 150.15 Day Low: 143.15

Continued weakness against TW. taking the price below 143.15 calculates a ……..

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*** End of “Updated Today” comments on shares.

The FTSE Risers: Vodafone Group Plc & Unilever too.

#Gold #FTSE There were a couple of standout performers on Monday 24 January, a day which was pretty foul thanks to Russia/Ukraine speculation. At one point, the cynic within wondered if Vodafone were doing well, due to the prospect of enhanced roaming charges due to various country military jumping around Europe. The cause of the share price movement proved fairly boring in comparison, essentially Merger & Acquisition speculation.

The share price closed the session up by 4.5% at 122.86p and appears ready to attempt further movement. Ongoing travel above just 126p now looks capable of gains to an initial 131p with secondary, if exceeded, a more interesting 140p eventually. Glancing at the chart, the visuals imply hesitation can be anticipated at our 140p level as this has presented itself as a glass ceiling level since 2020. The turmoil in the markets, of course, may intrude but given the behaviour of the futures markets on Monday evening, we think the FTSE should experience some recovery near term, hopefully creating an environment where Vodafone can continue to experience some share price recovery.

 

It’s worth noting Vodafone share price has remained firmly below the pre-pandemic high of 155p. While true excitement must be restrained until such a level is exceeded, doubtless along with world peace, Covid eradication, and the UK leadership opting to stop their party’s in Downing St, we’d be inclined to regard closure above the 140p Glass Ceiling as being potentially game changing for Vodafone. The strength of reversals since 2018 has created an environment where sharp price recovery to 220p calculates as possible.

Vodafone share price requires below 108p to force us to re-examine its potentials.  Visually we’re fairly optimistic.

As for Unilever, this experienced an incredible Monday, somehow managing to catapult itself above the Red uptrend. As a result, ongoing traffic above 4055p has the potential of recovery to an initial 4415p with secondary, if bettered, a more pleasing 4910p.

.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
11:08:44PM BRENT 86.43 ‘cess
11:15:57PM GOLD 1842.99 1828 1823 1816 1837 1845 1849 1855 1832
11:21:46PM FTSE 7377.21 7264 7170 7133 7392 7411 7480 7566 7272 Success
11:24:50PM FRANCE 6837 6749 ditto
11:27:26PM GERMANY 15242.32 15221 ditto
11:30:16PM US500 4403.37 4309 ditto
11:33:54PM DOW 34305.5 34080 ditto
11:37:08PM NASDAQ 14449.97 14422 ditto
11:40:10PM JAPAN 27305 27086 ditto

 

24/01/2022 FTSE Closed at 7297 points. Change of -2.63%. Total value traded through LSE was: £ 10,066,916,711 a change of 27.66%
21/01/2022 FTSE Closed at 7494 points. Change of -1.2%. Total value traded through LSE was: £ 7,885,774,103 a change of 20.92%
20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%
17/01/2022 FTSE Closed at 7611 points. Change of 0.91%. Total value traded through LSE was: £ 5,779,249,970 a change of -10.18%
14/01/2022 FTSE Closed at 7542 points. Change of -0.28%. Total value traded through LSE was: £ 6,434,562,809 a change of 1.01%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:PPC President Energy** **LSE:RMG Royal Mail** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

********

Updated charts published on : AFC Energy, Aston Martin, Barrett Devs, British Telecom, Capita, Darktrace Plc, 4D Pharma, MAN, Experian, Hikma, Hargreaves Lansdown, IQE, ITM Power, Ocado Plc, Oxford Instruments, Primary Health, Petrop etc, President Energy, Royal Mail, Scancell, Speedyhire, Spirax, Vodafone,

LSE:AFC AFC Energy Close Mid-Price: 33 Percentage Change: -10.57% Day High: 37.4 Day Low: 31.7

Below 31.6 points at an initial 30p with secondary, if broken, a less lik ……..

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LSE:AML Aston Martin Close Mid-Price: 1141 Percentage Change: -8.68% Day High: 1235.5 Day Low: 1124.5

This now requires exceed 1500 to suggest imminent recovery to 1634p with s ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 614.4 Percentage Change: -8.90% Day High: 658 Day Low: 615.6

Target Met. This has gotten a little worrying as below 614 now presents th ……..

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LSE:BT.A British Telecom Close Mid-Price: 186.1 Percentage Change: -1.40% Day High: 193.6 Day Low: 184.65

Now above 194p suggests a high possibility of further movement to 200 with ……..

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LSE:CPI Capita Close Mid-Price: 31.97 Percentage Change: -9.00% Day High: 34.77 Day Low: 31.48

Target Met. Now below 31 calculates with a bounce potential from 27.75p. I ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 362 Percentage Change: -14.62% Day High: 423 Day Low: 361.2

This is potentially poor as below 361 now points at 286 next with secondar ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 35.5 Percentage Change: -16.76% Day High: 42.4 Day Low: 34

Target Met. In the event 4D Pharma experiences weakness below 34, it calcu ……..

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LSE:EMG MAN Close Mid-Price: 195.8 Percentage Change: -5.68% Day High: 206.9 Day Low: 196.15

Target Met. If MAN experiences continued weakness below 195, it will invar ……..

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LSE:EXPN Experian Close Mid-Price: 2949 Percentage Change: -3.63% Day High: 3057 Day Low: 2946

Weakness below 2946 permits reversal down to 2929 with secondary, if broke ……..

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LSE:HIK Hikma Close Mid-Price: 1982.5 Percentage Change: -1.76% Day High: 2043 Day Low: 1976

Target Met. Weakness on Hikma below 1976 will invariably lead to 1889 with ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1296.5 Percentage Change: -0.38% Day High: 1345 Day Low: 1283

In the event Hargreaves Lansdown experiences weakness below 1283 it calcul ……..

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LSE:IQE IQE Close Mid-Price: 29.25 Percentage Change: -4.26% Day High: 30.4 Day Low: 27.6

Target Met. Below 27 becomes problematic, allowing weakness down to 18 nex ……..

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LSE:ITM ITM Power Close Mid-Price: 271.6 Percentage Change: -11.82% Day High: 306.8 Day Low: 267.2

Target Met. That was nasty! Further weakness below 267 now suggests an ini ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1358.5 Percentage Change: -4.70% Day High: 1424.5 Day Low: 1354.5

Target Met. Weakness on Ocado Plc below 1354 will invariably lead to 1202 ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2120 Percentage Change: -5.78% Day High: 2240 Day Low: 2080

Target met or near enough. This is almost dangerous now. Continued weaknes ……..

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LSE:PHP Primary Health Close Mid-Price: 142.4 Percentage Change: -0.97% Day High: 144.4 Day Low: 142

If Primary Health experiences continued weakness below 142, it will invari ……..

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LSE:POG Petrop etc Close Mid-Price: 14.4 Percentage Change: -6.92% Day High: 15.47 Day Low: 13.95

Ongoing traffic below 13.5 now points at the potential of reversal to 11.7 ……..

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LSE:PPC President Energy Close Mid-Price: 1.65 Percentage Change: -5.71% Day High: 1.75 Day Low: 1.65

Weakness on President Energy below 1.6 will invariably lead to 1.45 with s ……..

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LSE:RMG Royal Mail Close Mid-Price: 436.6 Percentage Change: -5.44% Day High: 460.8 Day Low: 428.2

This is on the edge of drama as below 428 now risks posting itself down to ……..

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LSE:SCLP Scancell Close Mid-Price: 18.5 Percentage Change: -8.64% Day High: 20.25 Day Low: 18.75

Below 18p now suggests coming weakness to an initial 16.2 with secondary, ……..

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LSE:SDY Speedyhire Close Mid-Price: 56 Percentage Change: -3.11% Day High: 57.8 Day Low: 55.7

Target Met. In the event Speedyhire experiences weakness below 55, it calc ……..

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LSE:SPX Spirax Close Mid-Price: 12690 Percentage Change: -2.68% Day High: 13100 Day Low: 12630

If Spirax experiences continued weakness below 12630, it will invariably l ……..

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LSE:VOD Vodafone. Close Mid-Price: 122.86 Percentage Change: + 4.53% Day High: 125.24 Day Low: 119.14

This is still experiencing something close to miracle behaviour as above ^ ……..

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*** End of “Updated Today” comments on shares.

Natwest to reverse to 160p?

#Brent #Dax The final week of January always tends prove quite traumatic. Historically, we’d felt it was either the Economic Forum in Davos (May this year) or the proximity of the Chinese New Year (1st Feb). On occasion, China has made some sort of announcement which impacts negatively on the world, then closes its own stock market for the New Year holiday in the hope the dust settles for their return.

But this year, the trauma has started a few days early and lots of commentators are running around in ‘headless chicken’ mode, predicting the worst for the markets. We’re not entirely convinced, despite some traumatic reversals on Friday.

Did anyone notice FTSE Futures closed the week at 7,421 points at 9pm on Friday? This was exactly the level we’d proposed a bounce from in our ‘FTSE for FRIDAY’ article. Unfortunately, we’re no longer quite as confident, thanks to FTSE Futures opening for the coming week, gapped down by a further 15 points. This provokes some suspicion the reversals may not be quite finished yet but when we review shares, a heck of a lot of them are running out of steam for drops, instead approaching levels where some bounces can be hoped.

 

Natwest are in such a position, the immediate picture suggesting weakness below 237p risks near term weakness down to an initial 234p with secondary, if broken, at 231p and hopefully a real bounce. Things certainly risk becoming problematic with any break below 231p as our next best hope is loitering at 215p, matching the level of the trendbreak through Blue, a line which dates back 15 years in time. For now, we remain optimistic thanks to Natwest share price doing many of the right things. Overall, despite near terms downs and ups, the share is trading in a region where 261p shows as the next major point of interest in a path which leads to 330p hopefully.

The bank needs reverse below 215p to promote a bout of navel gazing as the consequences could become pretty unpleasant, destroying our calculations for 330p and instead ticking the first box in a cycle which could end at 160p. Visually, none of this makes any sense currently but we must remember, Natwest are a retail bank and very little about retail bank share movements made sense until very recently.

.

Many thanks to the kind folk who discover adverts on this page worthy of a visit. The revenue from Google, quite literally, buys our coffee.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:31:02PM BRENT 87.05 85.72 84.8 83.44 86.78 87.57 87.6975 87.98 86.15
9:33:05PM GOLD 1832.1 ‘cess
9:40:45PM FTSE 7424 Success
9:44:47PM FRANCE 6999.4 ‘cess
9:47:06PM GERMANY 15455.72 15442 15375.5 15296 15549 15615 15640 15706 15515 Success
9:55:02PM US500 4414 Success
10:25:31PM DOW 34341 ‘cess
10:30:45PM NASDAQ 14437
10:33:20PM JAPAN 27215

 

21/01/2022 FTSE Closed at 7494 points. Change of -1.2%. Total value traded through LSE was: £ 7,885,774,103 a change of 20.92%
20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%
17/01/2022 FTSE Closed at 7611 points. Change of 0.91%. Total value traded through LSE was: £ 5,779,249,970 a change of -10.18%
14/01/2022 FTSE Closed at 7542 points. Change of -0.28%. Total value traded through LSE was: £ 6,434,562,809 a change of 1.01%
13/01/2022 FTSE Closed at 7563 points. Change of 0.16%. Total value traded through LSE was: £ 6,370,299,567 a change of -13.58%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:BDEV Barrett Devs** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:SPX Spirax** **

********

Updated charts published on : AFC Energy, Barrett Devs, MAN, Hikma, Hargreaves Lansdown, IQE, ITM Power, Oxford Instruments, Primary Health, Reabold Resources PLC, Rockhopper, Spirax,

LSE:AFC AFC Energy Close Mid-Price: 36.9 Percentage Change: -6.70% Day High: 39 Day Low: 36.4

Below 36 points at an initial 30p with secondary, if broken, a less likel ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 674.4 Percentage Change: -0.77% Day High: 674.8 Day Low: 663.4

Continued weakness against BDEV taking the price below 663 calculates as l ……..

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LSE:EMG MAN Close Mid-Price: 207.6 Percentage Change: -2.90% Day High: 212.1 Day Low: 205.6

Target met. If MAN experiences continued weakness below 205.6, it will in ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 410.05 Percentage Change: -0.59% Day High: 410.1 Day Low: 401.05

Further movement against Glencore Xstra ABOVE 424 should improve accelerat ……..

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LSE:HIK Hikma Close Mid-Price: 2018 Percentage Change: -1.32% Day High: 2041 Day Low: 2006

Weakness on Hikma below 2006 will invariably lead to 1980 with secondary ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1301.5 Percentage Change: -2.47% Day High: 1330.5 Day Low: 1301.5

In the event Hargreaves Lansdown experiences weakness below 1301.5 it cal ……..

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LSE:IQE IQE Close Mid-Price: 30.55 Percentage Change: -5.42% Day High: 31.6 Day Low: 29.95

In the event IQE experiences weakness below 29.95 it calculates with a dr ……..

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LSE:ITM ITM Power Close Mid-Price: 308 Percentage Change: -7.34% Day High: 328 Day Low: 302.4

If ITM Power experiences continued weakness below 302.4, it will invariab ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2250 Percentage Change: + 1.12% Day High: 2245 Day Low: 2190

Continued weakness against OXIG taking the price below 2190 calculates as ……..

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LSE:PHP Primary Health Close Mid-Price: 143.8 Percentage Change: -0.69% Day High: 144.6 Day Low: 143.5

If Primary Health experiences continued weakness below 143.5, it will inv ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.26 Percentage Change: -1.89% Day High: 0.27 Day Low: 0.26

All Reabold Resources PLC needs are mid-price trades ABOVE 0.27 to improv ……..

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LSE:RKH Rockhopper. Close Mid-Price: 10.6 Percentage Change: + 2.91% Day High: 10.68 Day Low: 10.2

Continued trades against RKH with a mid-price ABOVE 10.68 should improve ……..

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LSE:SPX Spirax Close Mid-Price: 13040 Percentage Change: -2.14% Day High: 13175 Day Low: 12905

If Spirax experiences continued weakness below 12905, it will invariably ……..

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*** End of “Updated Today” comments on shares.

Some Gloomy Wall St thoughts plus our popular FTSE for Friday

#FTSE #WallSt Just as we’d started to feel the markets were growing immune to politics, the current US President managed to spend Thursday destabilising them with his comments on Ukraine. Until now, we’d felt the Ukraine thing was ‘just’ an excuse to ensure Russia earned higher income from gas sales during winter. Now, we’re less confident and the futures markets appear to share our fears.

At time of writing, Wall St futures are trading around 34,686, having achieved an after hours low of 34,525. What bothers us with this behaviour is fairly simple. The Dow Jones had experienced a pretty solid uptrend since the pandemic low in 2020. That uptrend has now broken pretty conclusively, creating a situation where traffic continuing below 34,525 risks marching down to 33,771 next with secondary, if broken, at 32,624 eventually, hopefully with a proper bounce. Wall St requires exceed 35,285 points (Red on the chart) to make a nonsense of these reversal potentials.

As for the FTSE for Friday, a peculiar calculation demands the UK index exceed 7,634 points to extract itself from a zone where some reversal is probable. This week has proven quite strange, the FTSE ‘wanting’ to go up but clearly being restrained by external events. Friday should prove interesting, especially as the FTSE has (so far) been relatively immune to the stock market drama’s being enacted in Europe and the USA. However, with FTSE Futures presently trading around 7,515 points, a massive 65 points below the level (7,580) at which the market closed Thursday, common sense alone suggests the UK market faces a bit of a hammering on Friday.

We shall not be aghast, if the FTSE is gapped down in the opening second, perhaps to around 7,526 points. Things risk becoming quite fragrant with any movement below such as we can calculate an initial tame sounding ambition at 7,503 points. Below 7,503 risks knocking on the gates of trouble as we can calculate a secondary and hopeful bounce level at 7,421 points.

 

We shall not embrace our inner optimist unless the UK somehow scrambles above 7,588 points. In theory, this should trigger gains to 7,609 with secondary, if exceeded at 7,628 points. We suspect we wasted our time, running these recovery calculations. Some solace can be taken from the detail no immediate calculations are presenting the threat of reversals below Blue (7,370) on the chart. From a FTSE perspective, returning below this longer term downtrend would be “a bad thing”

.

 

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:13:48PM BRENT 86.61 86.18 85.475 87.77 88.85 89.43 86.9 ‘cess
9:15:48PM GOLD 1838.18 1835 1833 1844 1844 1848 1835 Shambles
9:19:43PM FTSE 7530 7520 7504 7572 7590 7617 7548 Success
9:22:20PM FRANCE 7162.4 7121 7067 7204 7207 7236 7147
9:24:20PM GERMANY 15754 15726 15643 15831 15922 15985 15808 Shambles
9:28:28PM US500 4473.12 4472 4462 4575 4505 4534 4474 Success
9:30:46PM NASDAQ 14771.47 14771 14726 14911 Absolutely no idea! Will ‘cess
9:33:36PM DOW 34633 34626 34423 34944 issue Live Report at 9.30 AM Success
9:35:44PM JAPAN 27500 27468 27437 27778 27778 27844 27560 Shambles

 

20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%
17/01/2022 FTSE Closed at 7611 points. Change of 0.91%. Total value traded through LSE was: £ 5,779,249,970 a change of -10.18%
14/01/2022 FTSE Closed at 7542 points. Change of -0.28%. Total value traded through LSE was: £ 6,434,562,809 a change of 1.01%
13/01/2022 FTSE Closed at 7563 points. Change of 0.16%. Total value traded through LSE was: £ 6,370,299,567 a change of -13.58%
12/01/2022 FTSE Closed at 7551 points. Change of 0.83%. Total value traded through LSE was: £ 7,371,380,208 a change of 17.9%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AV. Aviva** **LSE:EZJ EasyJet** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:PPC President Energy** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aviva, EasyJet, Genel, Glencore Xstra, Hargreaves Lansdown, ITM Power, National Glib, Omega Diags, Oxford Instruments, Primary Health, President Energy, Zoo Digital,

LSE:AV. Aviva Close Mid-Price: 440.2 Percentage Change: -0.18% Day High: 445.1 Day Low: 437.1

Further trades ABOVE 445.1 should still improve acceleration toward an ini ……..

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LSE:EZJ EasyJet. Close Mid-Price: 645.8 Percentage Change: + 3.29% Day High: 649.6 Day Low: 618.6

Further movement against EasyJet ABOVE 650 should improve acceleration tow ……..

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LSE:GENL Genel Close Mid-Price: 153.8 Percentage Change: -0.13% Day High: 157.2 Day Low: 152.2

Above 158 still suggests travel coming to an initial 160p. If bettered, o ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 412.5 Percentage Change: -1.57% Day High: 423.2 Day Low: 408.9

Further movement against Glencore Xstra ABOVE 4242 should improve accelera ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1334.5 Percentage Change: -0.93% Day High: 1357 Day Low: 1325

This is still not looking great as travel below 1302 now points toward 119 ……..

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LSE:ITM ITM Power. Close Mid-Price: 332.4 Percentage Change: + 6.33% Day High: 334.6 Day Low: 308

Target Met or near enough. The interesting thing about the bounce is the p ……..

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LSE:NG. National Glib. Close Mid-Price: 1092.2 Percentage Change: + 0.29% Day High: 1098.2 Day Low: 1086.2

In the event of National Glib enjoying further trades beyond 1099, the sha ……..

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LSE:ODX Omega Diags Close Mid-Price: 13.25 Percentage Change: -4.50% Day High: 14.12 Day Low: 12.25

Continued weakness against ODX taking the price below 12.25 calculates as ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2225 Percentage Change: + 0.23% Day High: 2250 Day Low: 2205

Weakness on Oxford Instruments below 2205 will invariably lead to 2074 wit ……..

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LSE:PHP Primary Health Close Mid-Price: 144.8 Percentage Change: -0.75% Day High: 146.4 Day Low: 144.6

Target Met. This is not terribly encouraging as below 144 now paints a pic ……..

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LSE:PPC President Energy. Close Mid-Price: 1.77 Percentage Change: + 1.43% Day High: 1.77 Day Low: 1.73

Weakness on President Energy below 1.72 will invariably lead to 1.45 with ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 136.5 Percentage Change: + 4.60% Day High: 137.5 Day Low: 130.5

All Zoo Digital needs are mid-price trades ABOVE 138 to confirm^ accelerat ……..

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*** End of “Updated Today” comments on shares.

Are Muehlhan a Strong Buy? Or a strong bye

#Gold #Nasdaq Our weekly plunge into Europe to search for something interesting has highlighted a company called #Muehlhan. A service company primarily active in Wind, Oil, Marine, & Construction, they’ve been going for 140 years, active worldwide, and of course we’d never heard of them. The corporate website “talks a good game” but we’re more interested in their share price potentials.

Presently trading around 3.7€, share price movements over the last 14 years are finally becoming interesting, suggesting the share intends move upward into a new trading range. Initially, the eye is drawn to its historic trading range and it looks very like there was a glass ceiling present around the 3.3€ level. Significantly also, the share price is now trading above its pre-Covid high and there’s a vague suggestion the price need only exceed the downtrend since 2007 to finally make an upward surge.

At present, the share price needs exceed just 3.91€ to suggest it’s ready to commit higher. Obviously such a movement shall exceed the dubious downtrend since 2007, perhaps proving sufficient to convince the market something major is about to happen. Growth such as this looks capable of triggering a visit to an initial 4.74€ with secondary, if bettered, an almost certain 5.11€. We’re able to calculate a 3rd target ambition at 5.74 but suspect this shall require closure above 5.11 before it may become a reality.

 

For things to go horribly wrong, the price needs below 3€ to justify raised eyebrows, risking a visit to 2.5 initially. If broken, our secondary works out at 1.90 and utterly destroys any optimism for the price to explore new highs. Currently, for those folk who still pay attention to Europe, we suspect this one shall prove worth watching.

 

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FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:05:43PM BRENT 86.99 ‘cess
10:08:14PM GOLD 1842.79 1810 1804 1791 1822 1844 1851 1874 1816 Success
10:31:30PM FTSE 7585.07 Shambles
10:46:17PM FRANCE 7175.4 ‘cess
10:48:15PM GERMANY 15786
10:50:41PM US500 4535 ‘cess
10:53:05PM DOW 35067 ‘cess
10:55:04PM NASDAQ 15058 15018 14894 14730 15212 15386 15482 15637 15122 ‘cess
10:57:17PM JAPAN 27578 Success
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%
17/01/2022 FTSE Closed at 7611 points. Change of 0.91%. Total value traded through LSE was: £ 5,779,249,970 a change of -10.18%
14/01/2022 FTSE Closed at 7542 points. Change of -0.28%. Total value traded through LSE was: £ 6,434,562,809 a change of 1.01%
13/01/2022 FTSE Closed at 7563 points. Change of 0.16%. Total value traded through LSE was: £ 6,370,299,567 a change of -13.58%
12/01/2022 FTSE Closed at 7551 points. Change of 0.83%. Total value traded through LSE was: £ 7,371,380,208 a change of 17.9%
11/01/2022 FTSE Closed at 7489 points. Change of 0.59%. Total value traded through LSE was: £ 6,252,372,247 a change of -8.66%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AFC AFC Energy** **LSE:BBY BALFOUR BEATTY** **LSE:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

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Updated charts published on : AFC Energy, BALFOUR BEATTY, British Telecom, Diageo, MAN, Experian, Genel, Hikma, HSBC, ITM Power, Omega Diags, Oxford Instruments, Spirax,

LSE:AFC AFC Energy Close Mid-Price: 37.6 Percentage Change: -5.88% Day High: 39.95 Day Low: 37.1

Below 37 points at an initial 30p with secondary, if broken, a less likel ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 270.2 Percentage Change: -1.96% Day High: 282 Day Low: 269.2

Continued trades against BBY with a mid-price ABOVE 282 should improve the ……..

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LSE:BT.A British Telecom. Close Mid-Price: 189.9 Percentage Change: + 1.77% Day High: 191.25 Day Low: 185.85

Target Met or near enuf. Now above 192p suggests a high possibility of fur ……..

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LSE:DGE Diageo. Close Mid-Price: 3709.5 Percentage Change: + 0.18% Day High: 3733 Day Low: 3636

Now below 3636 still suggests the potential for further reversals to 3580 ……..

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LSE:EMG MAN Close Mid-Price: 213.6 Percentage Change: -0.47% Day High: 217.5 Day Low: 209

Weakness on MAN below 209 will invariably lead to 206 with secondary (if b ……..

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LSE:EXPN Experian. Close Mid-Price: 3061 Percentage Change: + 1.59% Day High: 3091 Day Low: 2974

Weakness below 2974 permits reversal down to 2929 with secondary, if broke ……..

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LSE:GENL Genel. Close Mid-Price: 154 Percentage Change: + 1.18% Day High: 155.2 Day Low: 150

Now above 156 suggests travel coming to an initial 160p. If bettered, our ……..

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LSE:HIK Hikma Close Mid-Price: 2020 Percentage Change: -0.44% Day High: 2042 Day Low: 2015

Continued weakness against HIK taking the price below 2015 calculates as l ……..

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LSE:HSBA HSBC Close Mid-Price: 512.5 Percentage Change: -0.68% Day High: 519.3 Day Low: 510.5

All HSBC needs are mid-price trades ABOVE 520 to hopefully confirm acceler ……..

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LSE:ITM ITM Power Close Mid-Price: 312.6 Percentage Change: -4.98% Day High: 324 Day Low: 312

Target Met. Weakness on ITM Power below 312 will invariably lead to 306. I ……..

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LSE:ODX Omega Diags Close Mid-Price: 13.88 Percentage Change: -10.43% Day High: 16.5 Day Low: 13.62

Target Met. Continued weakness against ODX taking the price below 13 calcu ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2220 Percentage Change: -2.84% Day High: 2305 Day Low: 2245

Weakness on Oxford Instruments below 2245 will invariably lead to 2074 wit ……..

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LSE:SPX Spirax. Close Mid-Price: 13230 Percentage Change: + 0.34% Day High: 13405 Day Low: 12945

Target Met. This could become a little messy as below 12945 suggests comin ……..

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*** End of “Updated Today” comments on shares.