Bezant Resources Plc, a limbo dance share price!

#Gold #SP500 A plaintive email, asking us to comment on this sub 1p share, proved a surprise. We previously reviewed this Copper/Gold miner back in 2012, warning of extreme danger if the share price managed below 4.6p. This was a level below which we ran out of numbers. Two years later, the share price toddled off a cliff and we completely ignored it thereafter. What surprised us, in the years since, the share has remained trading.

To be fair, we find viewing something which once sunk as low as 0.04p quite difficult to take seriously. Presently, the share is trading at 0.145p, so no matter what, anyone who bought at bottom must still be smiling.

However, our suspicion is this resilience over the years may indicate the market still attaches value to the share, perhaps with the potential of exhibiting some “proper” recovery. With the best will in the world, we cannot unearth any reason for a return to 80p, the price level at the start of 2012. Instead, the safest thing to remember is crucial, every single reversal calculation we throw at the price returns a result prefaced with a minus sign. From our perspective, the only thing positive we dare take away from Bezant is the fact they have remained trading, despite their share price getting a bigger hammering than a Boris Johnston speech…

The company website also appears fairly informative but we again stress, we can only view this 0.14p as a “punt”. Maybe it shall actually do something positive eventually and maybe the market shall not play games with the Buy/Sell spread.

 

When we search for trigger levels, it appears the share price currently needs exceed 0.19p to potentially trigger a gain to a stunning 0.23p. If exceeded, our secondary calculates at 0.31p. For the longer term, something quite extraordinary occurs, if the share discovers an excuse to close a session above 0.31p. We will be forced to regard 0.81p as exerting an influence, representing a point at which we shall need stir the tea leaves again to refresh the future potentials.

Who knows, perhaps this one shall prove worth some research.

Our thanks to the kind folk who discover useful adverts on this page, effectively buying us a coffee.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:28:48PM BRENT 72.75 Success
9:34:33PM GOLD 1783.88 1780 1776 1768 1793 1800 1805 1814 1789
9:36:51PM FTSE 7147.17 Success
9:40:03PM FRANCE 6807.9 ‘cess
9:50:52PM GERMANY 15354
9:53:09PM US500 4660.62 4622 4616 4597 4644 4673 4681 4717 4637
9:55:25PM DOW 35183.2 ‘cess
9:56:57PM NASDAQ 16416
10:00:38PM JAPAN 28282 28122 27949 27675 28487 28544 28639 28812 28390

 

 

29/11/2021 FTSE Closed at 7109 points. Change of 0.92%. Total value traded through LSE was: £ 6,236,169,403 a change of -24.07%
26/11/2021 FTSE Closed at 7044 points. Change of -3.64%. Total value traded through LSE was: £ 8,213,079,898 a change of 119.92%
25/11/2021 FTSE Closed at 7310 points. Change of 0.33%. Total value traded through LSE was: £ 3,734,503,289 a change of -30.71%
24/11/2021 FTSE Closed at 7286 points. Change of 0.28%. Total value traded through LSE was: £ 5,389,556,678 a change of 0.75%
23/11/2021 FTSE Closed at 7266 points. Change of 0.15%. Total value traded through LSE was: £ 5,349,222,584 a change of 8.04%
22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%

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:BT.A British Telecom** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:PMG Parkmead** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **

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Updated charts published on : British Telecom, Capita, Firstgroup, Hikma, Hargreaves Lansdown, International Personal Finance, IQE, Parkmead, Rockhopper, Royal Mail,

LSE:BT.A British Telecom. Close Mid-Price: 163.4 Percentage Change: + 6.10% Day High: 168.6 Day Low: 160

This presently requires exceed 170.5p to indicate the potential of ^traffi ……..

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LSE:CPI Capita. Close Mid-Price: 45.11 Percentage Change: + 3.46% Day High: 46.64 Day Low: 44.2

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LSE:FGP Firstgroup Close Mid-Price: 98.45 Percentage Change: -4.32% Day High: 105.7 Day Low: 98.4

Target met. Continued trades against FGP with a mid-price ABOVE 105.7 sho ……..

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LSE:HIK Hikma Close Mid-Price: 2230 Percentage Change: -2.11% Day High: 2283 Day Low: 2230

Target met. In the event Hikma experiences weakness below 2230 it calcula ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1341.5 Percentage Change: -5.63% Day High: 1434.5 Day Low: 1320.5

If Hargreaves Lansdown experiences continued weakness below 1320.5, it wi ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 132.6 Percentage Change: + 4.08% Day High: 132.6 Day Low: 117

Continued weakness against IPF taking the price below 117 calculates as l ……..

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LSE:IQE IQE Close Mid-Price: 34.05 Percentage Change: -1.59% Day High: 36.3 Day Low: 33.8

In the event IQE experiences weakness below 33.8 it calculates with a dro ……..

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LSE:PMG Parkmead Close Mid-Price: 38.25 Percentage Change: -4.38% Day High: 40.5 Day Low: 37.7

Continued weakness against PMG taking the price below 37.7 calculates as ……..

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LSE:RKH Rockhopper Close Mid-Price: 4.93 Percentage Change: -3.43% Day High: 5.12 Day Low: 4.84

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LSE:RMG Royal Mail Close Mid-Price: 500.2 Percentage Change: -1.07% Day High: 516 Day Low: 502.6

Further movement against Royal Mail ABOVE 516 should improve acceleration ……..

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

An urgent update on Brent Crude. And Lloyds Bank also.

#Brent #Dax A glance at a local petrol pump made us (almost) hope a report from South Africa regarding the new strain of Covid-19 proves incorrect. According to a scientist, the symptoms are less severe than flu and makes those infected develop immunity. This conflicts quite wildly with media scare stories, also failing to provide justification for the markets tanking, along with Crude Oil prices reversing sharply.

Reversal in Crude Oil pricing shall be quite agreeable, thanks to local petrol stations here on Scotland Wets Coast exploring £1.50+/litre for fuel. Worse, the already exorbitant cost of heating oil is surging, bringing the threat of needing to go into the forest to hunt dead trees. All it took were media headlines to amplify fears politicians eagerly jumping on the bandwagon for fresh publicity in the absence of any actual solid facts.

It’s amazing the current surge in (virtually all) prices has taken place just at the time when contact-less debit cards now enjoy a transaction limit increased from £45 to £100. Hopefully stock market behaviour this week shall provide real insights into what’s really happening. It’s easy to suspect if the FTSE produces some miracle gains, we can probably be safe in treating the media with suitable distain. Which will be a bit of a pity, certainly where related to the price of petrol!

 

Last time we reviewed Brent, we had a note of caution if the product managed to reverse below $77. It closed Friday at $72, a price level what should scare the Government who’re doubtless feeling Xmas has come early while they scalp 20% VAT from the cost of fuel. Things now risk becoming interesting as weakness next below just $71 calculates with the potential of reversal to an initial $68. If broken, the stuff should ideally bottom at $61.

There is a little concern, thanks to Crude breaking the uptrend since the dire lows of 2020 as the price is already residing in a zone where we must regard $43 as a potential bottom in the fullness of time. The black stuff only needs bubble above $75 to spoil these potentials.

Lloyds Bank (LSE:LLOY) Continuing to wobble around, doing nothing useful, Lloyds to the opportunity of Fridays market reversals to plunge to the 46p level, as mentioned in our report three weeks ago. Proving interesting, the low of the day somehow managed to collide rather exactly with the Red uptrend on the chart, perhaps implying a rebound should be anticipated. The implication now is of weakness below 45.4 calculating with the risk of reversal to 44.6p with secondary, if broken, at a visually less likely 40.5p.

If a miracle rebound indeed takes place, above 47.5p should bring the potential of travel to 49.2p. If bettered, we can work out a secondary at 50.5p, along with some possible hesitation. However, should the market discover an excuse to “gap” Lloyds share price up by more than a penny anytime soon, the share has sufficient ammunition to provide substantial rates of movement as 60p and beyond should come within reach.

Many thanks to those who find an advert on this page worth a visit. The clicks buy our coffee.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
3:35:08PM BRENT 71.84 76.5 72 67 78.05 73.09 73.83 74.75 71.88 Success
3:36:58PM GOLD Success
7:23:51PM FTSE
9:19:30PM FRANCE
9:26:16PM GERMANY 15118.76 15021 14924 14696 15170 15415 15504 15573 15223
9:28:44PM US500 Success
9:57:00PM DOW
9:59:01PM NASDAQ
10:02:03PM JAPAN

 

26/11/2021 FTSE Closed at 7044 points. Change of -3.64%. Total value traded through LSE was: £ 8,213,079,898 a change of 119.92%
25/11/2021 FTSE Closed at 7310 points. Change of 0.33%. Total value traded through LSE was: £ 3,734,503,289 a change of -30.71%
24/11/2021 FTSE Closed at 7286 points. Change of 0.28%. Total value traded through LSE was: £ 5,389,556,678 a change of 0.75%
23/11/2021 FTSE Closed at 7266 points. Change of 0.15%. Total value traded through LSE was: £ 5,349,222,584 a change of 8.04%
22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%

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:AV. Aviva** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CCL Carnival** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:RR. Rolls Royce** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **

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Updated charts published on : Aston Martin, Aviva, BALFOUR BEATTY, BP PLC, Carnival, Darktrace Plc, MAN, EasyJet, Foxtons, Gulf Keystone, Glencore Xstra, HSBC, Hurrican Energy, British Airways, IG Group, IQE, National Glib, Natwest, Omega Diags, Primary Health, Parkmead, Quadrise, Reabold Resources PLC, Rolls Royce, Standard Chartered,

LSE:AML Aston Martin Close Mid-Price: 1438 Percentage Change: -7.20% Day High: 1510.5 Day Low: 1412.5

Target met. In the event Aston Martin experiences weakness below 1412.5 i ……..

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LSE:AV. Aviva Close Mid-Price: 370.9 Percentage Change: -5.86% Day High: 382.2 Day Low: 370.7

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 235.6 Percentage Change: -2.97% Day High: 240.4 Day Low: 235.6

Target met. Continued weakness against BBY taking the price below 235.6 c ……..

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LSE:BP. BP PLC Close Mid-Price: 317.65 Percentage Change: -7.86% Day High: 328.1 Day Low: 310.55

In the event BP PLC experiences weakness below 310.55 it calculates with ……..

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LSE:CCL Carnival Close Mid-Price: 1182.8 Percentage Change: -16.04% Day High: 1285.4 Day Low: 1168

Target met. Weakness on Carnival below 1168 will invariably lead to 1067 ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 471 Percentage Change: -1.79% Day High: 489.8 Day Low: 459.6

Target met. Continued weakness against DARK taking the price below 459.6 ……..

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LSE:EMG MAN Close Mid-Price: 219.3 Percentage Change: -3.69% Day High: 224.1 Day Low: 218.9

In the event MAN experiences weakness below 218.9 it calculates with a dr ……..

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LSE:EZJ EasyJet Close Mid-Price: 499.8 Percentage Change: -11.45% Day High: 525.2 Day Low: 457.5

Target met. Continued weakness against EZJ taking the price below 457.5 c ……..

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LSE:FOXT Foxtons Close Mid-Price: 41 Percentage Change: -5.75% Day High: 41.95 Day Low: 40.95

Target met. If Foxtons experiences continued weakness below 40.95, it wil ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 176.6 Percentage Change: -8.59% Day High: 189.2 Day Low: 176.4

Weakness on Gulf Keystone below 176.4 will invariably lead to 172p. If br ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 352 Percentage Change: -5.50% Day High: 358.45 Day Low: 346.9

At first glance, the reversal with Glencore proves concerning, suggesting ……..

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LSE:HSBA HSBC Close Mid-Price: 414.05 Percentage Change: -6.70% Day High: 429.2 Day Low: 413.4

Continued weakness against HSBA taking the price below 413.4 calculates a ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 3.75 Percentage Change: -12.79% Day High: 4.2 Day Low: 3.7

Weakness on Hurrican Energy below 3.7 will invariably lead to 3.6. If bro ……..

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LSE:IAG British Airways Close Mid-Price: 131.4 Percentage Change: -14.85% Day High: 141.22 Day Low: 122.5

Target met. Continued weakness against IAG taking the price below 122.5 c ……..

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LSE:IGG IG Group. Close Mid-Price: 772 Percentage Change: + 1.31% Day High: 774.5 Day Low: 752

If IG Group experiences continued weakness below 752, it will invariably ……..

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LSE:IQE IQE Close Mid-Price: 34.6 Percentage Change: -8.95% Day High: 39.15 Day Low: 34.1

Weakness on IQE below 34.1 will invariably lead to 31 with secondary (if ……..

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LSE:NG. National Glib Close Mid-Price: 1002.2 Percentage Change: -0.48% Day High: 1016.2 Day Low: 990.6

Target met. All National Glib needs are mid-price trades ABOVE 1016.2 to ……..

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LSE:NWG Natwest Close Mid-Price: 208.2 Percentage Change: -7.47% Day High: 215.1 Day Low: 208.1

In the event Natwest experiences weakness below 208.1 it calculates with ……..

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LSE:ODX Omega Diags Close Mid-Price: 26.25 Percentage Change: -11.02% Day High: 29.5 Day Low: 24.25

Weakness on Omega Diags below 24.25 will invariably lead to 21 with secon ……..

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LSE:PHP Primary Health Close Mid-Price: 150.4 Percentage Change: -0.40% Day High: 151.8 Day Low: 147.9

Continued weakness against PHP taking the price below 147.9 calculates as ……..

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LSE:PMG Parkmead Close Mid-Price: 40 Percentage Change: -14.89% Day High: 42.6 Day Low: 39

Target met. In the event Parkmead experiences weakness below 39 it calcul ……..

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LSE:QFI Quadrise Close Mid-Price: 2.38 Percentage Change: -15.87% Day High: 2.76 Day Low: 2.3

Target met. If Quadrise experiences continued weakness below 2.3, it will ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.14 Percentage Change: -9.38% Day High: 0.16 Day Low: 0.14

Weakness on Reabold Resources PLC below 0.14 will invariably lead to 0.12 ……..

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LSE:RR. Rolls Royce Close Mid-Price: 121.56 Percentage Change: -11.62% Day High: 127.82 Day Low: 117

Target met. Continued weakness against RR. taking the price below 117 cal ……..

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LSE:STAN Standard Chartered Close Mid-Price: 411.6 Percentage Change: -8.88% Day High: 435.6 Day Low: 409.4

If Standard Chartered experiences continued weakness below 409.4, it will ……..

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LSE:TLW Tullow Close Mid-Price: 43.47 Percentage Change: -7.79% Day High: 45 Day Low: 40.81

Target met. If Tullow experiences continued weakness below 40.81, it will ……..

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

FTSE for FRIDAY then the pub with Mitchells & Butlers

#FTSE #Brent_short With the FTSE staggering around like a drunk looking for a kebab shop, it makes some sense to take a quick glance at one of the majors in the hospitality industry. After all, thanks to FTSE behaviour since May, surely many traders must require refreshment?

Perhaps this shall not prove the case. While the owner of 1,600 venues reports improvements in profits, along with a few moans which point out footfall has improved in their suburban locations, while city centre establishments continue to find things tight. In addition, they claim Brexit has harmed trade and warn paying staff a reasonable wage from 2022 will damage their bottom line. But on the bright side, the company report they’ve bought a few white vans to collect goods, if supply chain issues result in lorry loads of booze failing to arrive!

 

We’re curious whether the share price shall enjoy a return to normality. Presently trading around 244p, the share needs exceed 264p to provide an early sign of hope, calculating with the potential of a journey to 299p initially. If exceeded (visually, we expect hesitation at this level, regardless) our longer term secondary works out at 375p.

Achieving such a target as 375p is liable to be useful for the longer term. According to our software, if the company share price manages to close a session above 334p, a cycle should commence to 472p, challenging the high of 2019. As the chart illustrates, this appears to be a favourite level for the price, a glass ceiling forming since 2014.

For everything to go wrong, the share needs relax below 220p as we’d need take another look at the tea leaves. At present, the best we can calculate is a dangerous plunge to 133p.

FTSE for FRIDAY With the FTSE essentially marching on the spot, while the USA conducted turkey genocide, the market enacted an small but interesting movement from 3pm, producing a rare emotion called ‘Hope’ for Friday. The market closed the day at 7310 points and now, it need only exceed 7319 points to make an attempt at 7335. While a 16 point gain is tame by any standards, our secondary at 7355 is slightly more worthwhile.

In addition, we stumbled across an interesting number from a bigger picture potential. Apparently we are to believe the UK market is now on track to make an attempt at 7375 points. If bettered, we can calculate a longer term secondary at 7550 points and regular readers will be aware we regard this specific number as critical. This is exactly the level of the market before the pandemic drop in 2020. Good things tend happen to markets around the world when they finally exceed this Covid-19 point in time.

 

If things intend go horribly wrong, the FTSE now requires trade below 7265, risking reversal to 7235 with secondary, if broken, at 7202 points.

Have a good weekend. We won’t, thanks to Scotlands west coast promising 75mph winds along with snow and ice! It must be winter…

Our thanks, as ever, to those who discover a fascinating advert on this page and choose to visit it. It buys us a coffee, a needed coffee!

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:48:28PM BRENT 81.15 80.81 80.36 81.54 82.04 82.43 80.94 ‘cess
9:52:30PM GOLD 1788.29 1777 1773 1792 1796 1799 1785
9:54:04PM FTSE 7302 7242 7227 7282 7308 7320 7278 ‘cess
9:59:14PM FRANCE 7047 6981 6944 7041 7054 7071 7023 Success
10:04:17PM GERMANY 15913.2 15866 15815 15960 15932 15976 15865 Success
10:05:55PM US500 4704.82 4658 4636 4690 4704 4712 4676
10:21:30PM DOW 35837 35581 35502 35728 35837 35909 35740
10:23:13PM NASDAQ 16361 16103 16058 16290 16368 16482 16250 ‘cess
10:25:14PM JAPAN 29445 29190 29087 29344 29454 29520 29290 Success

 

 

25/11/2021 FTSE Closed at 7310 points. Change of 0.33%. Total value traded through LSE was: £ 3,734,503,289 a change of -30.71%
24/11/2021 FTSE Closed at 7286 points. Change of 0.28%. Total value traded through LSE was: £ 5,389,556,678 a change of 0.75%
23/11/2021 FTSE Closed at 7266 points. Change of 0.15%. Total value traded through LSE was: £ 5,349,222,584 a change of 8.04%
22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%

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:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IGG IG Group** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:PPC President Energy** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Diageo, ECO (Atlantic) O & G, Gulf Keystone, HSBC, IG Group, Intertek, National Glib, Omega Diags, President Energy, Taylor Wimpey,

LSE:DGE Diageo. Close Mid-Price: 3912 Percentage Change: + 0.95% Day High: 3944 Day Low: 3891

All Diageo needs are mid-price trades ABOVE 3944 to improve acceleration ……..

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LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 19.75 Percentage Change: -3.66% Day High: 20.75 Day Low: 19.75

If ECO (Atlantic) O & G experiences continued weakness below 19.75, it wi ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 193.2 Percentage Change: -1.02% Day High: 195.6 Day Low: 191.8

Anything now below 186 suggests coming reversal to an initial 172p. If bro ……..

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LSE:HSBA HSBC. Close Mid-Price: 443.8 Percentage Change: + 0.10% Day High: 445.75 Day Low: 439.85

Above 446 now is allegedly capable of 455 next. If bettered, our secondary ……..

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LSE:IGG IG Group Close Mid-Price: 762 Percentage Change: -0.85% Day High: 773 Day Low: 757.5

In the event IG Group experiences weakness below 757.5 it calculates with ……..

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LSE:ITRK Intertek. Close Mid-Price: 5544 Percentage Change: + 1.35% Day High: 5572 Day Low: 5434

Further movement against Intertek ABOVE 5572 should improve acceleration ……..

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LSE:NG. National Glib. Close Mid-Price: 1007 Percentage Change: + 0.87% Day High: 1008.8 Day Low: 998.1

In the event of National Glib enjoying further trades beyond 1008.8, the ……..

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LSE:ODX Omega Diags Close Mid-Price: 29.5 Percentage Change: -26.25% Day High: 35 Day Low: 26.25

Target met. If Omega Diags experiences continued weakness below 26.25, it ……..

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LSE:PPC President Energy. Close Mid-Price: 2.5 Percentage Change: + 4.17% Day High: 2.65 Day Low: 2.45

Target met. All President Energy needs are mid-price trades ABOVE 2.65 to ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 163 Percentage Change: + 1.46% Day High: 163.45 Day Low: 159.95

Further movement against Taylor Wimpey ABOVE 163.45 should improve accele ……..

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

Glencore Plc, an impressive little company?

#NK225 #DAX As the American markets close for Thanksgiving, their final holiday before Xmas, we can only rue the state of a holiday parsimonious UK, our last trading holiday being in August. Traditionally, Thanksgiving Thursday witnesses very little happening with European markets while the US is closed, the day inevitably ending pretty flat. Perhaps this year shall be different, thanks to markets recently tending to do their own thing. Wednesday saw Wall St close slightly down, whereas the Nasdaq and S&P both managed slightly up.

Long story short, we’re NOT currently expecting fireworks from the FTSE, despite low level indications pointing at gains for Thursday.

 

As for Glencore, the share has proven tediously slow this year. We reviewed the price back in February, giving a trigger level of 295 which was to provoke gains toward 408p. The pace of movement has been such, the price took until last month, just to reach 400p. We’re not convinced this glacial movement is wrong, just painfully slow, and suspect our target level can now be refined slightly. Price gains now bettering 400p suggest gains coming to an initial 416p with secondary, if bettered, a pretty confident looking 463p.

We do suspect some hesitation shall take place, should 463p make an appearance within living memory!

Something pretty important is worth consideration from a Big Picture perspective. In the event Glencore manages to close a session above 416p, the share exceeds the highs of three years ago and shall now be regarded as entering a cycle toward a longer term 578p.

One thing about Glencore surprised us. We’d known of the companies metal & mineral mining business, always assuming copper etc was their mainstay. It was therefore a surprise to discover they also mine thermal coal for the energy market, a source which somehow or other received a blessing of sorts from the recent Climate conference. Perhaps their stance as the market leader is recycling of copper earned them brownie points from the green folks. In addition, the company also market the products they mine, handling the international transport from sale to delivery.

 

To summarise, we feel Glencore enjoy many positives, perhaps just needing favourable market conditions for their share price to flourish properly. As the chart below shows, there’s an obvious glass ceiling at the 400p level and should this finally break, the pace of acceleration may improve somewhat. To cause concern, the share would need reverse below Blue, presently 340p. as a cycle to 188 becomes possible.

Our thanks, as ever, to those who discover a fascinating advert on this page and visit it. It buys us a welcome coffee.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:48:28PM BRENT 81.15 80.94 ‘cess
9:52:30PM GOLD 1788.29 1785
9:54:04PM FTSE 7302 7278 ‘cess
9:59:14PM FRANCE 7047 7023 Success
10:04:17PM GERMANY 15913.2 15866 15815 15674 15960 15932 15976 16010 15865 Success
10:05:55PM US500 4704.82
10:21:30PM DOW 35837
10:23:13PM NASDAQ 16361 ‘cess
10:25:14PM JAPAN 29445 29190 29087 28967 29344 29454 29520 29630 29290 Success

 

24/11/2021 FTSE Closed at 7286 points. Change of 0.28%. Total value traded through LSE was: £ 5,389,556,678 a change of 0.75%
23/11/2021 FTSE Closed at 7266 points. Change of 0.15%. Total value traded through LSE was: £ 5,349,222,584 a change of 8.04%
22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%

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:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:DARK Darktrace Plc** **LSE:HUR Hurrican Energy** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Aston Martin, Barrett Devs, Carnival, Darktrace Plc, Hurrican Energy, IQE, Intertek, National Glib, Omega Diags, President Energy, Quadrise, Rockhopper, Taylor Wimpey,

LSE:AML Aston Martin Close Mid-Price: 1541 Percentage Change: -1.44% Day High: 1594 Day Low: 1520

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LSE:BDEV Barrett Devs. Close Mid-Price: 709.2 Percentage Change: + 1.00% Day High: 718.8 Day Low: 700.4

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LSE:CCL Carnival. Close Mid-Price: 1386 Percentage Change: + 0.57% Day High: 1402.6 Day Low: 1349.2

If Carnival experiences continued weakness below 1349.2, it will invariab ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 489 Percentage Change: -1.96% Day High: 505 Day Low: 475.4

Target Met. In the event Darktrace Plc experiences weakness below 475.4 ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 4.25 Percentage Change: + 1.19% Day High: 4.25 Day Low: 4.09

Huricanes failure to launch is a bother and now, it feels like weakness be ……..

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LSE:IQE IQE Close Mid-Price: 38.1 Percentage Change: -24.40% Day High: 44.2 Day Low: 36.65

Target met. If IQE experiences continued weakness below 36.65, it will in ……..

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LSE:ITRK Intertek. Close Mid-Price: 5470 Percentage Change: + 6.01% Day High: 5548 Day Low: 5210

Target met. Continued trades against ITRK with a mid-price ABOVE 5548 sho ……..

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LSE:NG. National Glib. Close Mid-Price: 998.3 Percentage Change: + 0.59% Day High: 1001 Day Low: 986.1

Further movement against National Glib ABOVE 1001 should improve accelera ……..

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LSE:ODX Omega Diags Close Mid-Price: 40 Percentage Change: -4.76% Day High: 42 Day Low: 39.25

Continued weakness against ODX taking the price below 39.25 calculates as ……..

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LSE:PPC President Energy. Close Mid-Price: 2.4 Percentage Change: + 4.35% Day High: 2.55 Day Low: 2.27

Further movement against President Energy ABOVE 2.55 should improve accel ……..

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LSE:QFI Quadrise Close Mid-Price: 2.94 Percentage Change: -4.07% Day High: 2.95 Day Low: 2.76

Weakness on Quadrise below 2.76 will invariably lead to 2.5 with secondar ……..

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LSE:RKH Rockhopper. Close Mid-Price: 5.7 Percentage Change: + 9.40% Day High: 5.58 Day Low: 5.3

It starts to feel like the penguin is dead but no-one has informed the bod ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 160.65 Percentage Change: + 1.81% Day High: 162 Day Low: 157.5

Continued trades against TW. with a mid-price ABOVE 162 should improve th ……..

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

Orange S.A. looking quite tasty in Europe.

#France #SP500 Our weekly wander through an apparently ‘riot torn’ Europe (a vaccination thing) revealed a little surprise. French multinational corporation, Orange (previously France Telecom) enjoy a share price which is starting to look quite useful. Immediately opting to glance at Vodafone, in the hope it’s about to experience similar behaviour, proved a wasted exercise. Vodafone remains languishing with the wrong numbers and we suspect it shall not “bottom” until it discovers 100p again.

Orange, on the other hand, by minimal amounts, is now looking fairly useful, the share proving one of the most active stocks on Tuesday 23rd November. Even visually, it appears something positive may be happening, hopefully an end to the lethargic behaviour since the Covid-19 drop last year. What really surprises us is the extent of recovery possible on the immediate cycle, ideally capable of eventually returning the share price to its previous hiatus between 14€ and 15€ since 2015.

 

Presently trading around 9.93 euro, the price need only exceed 9.96€ to calculate with the potential of movement to 10.50. Visually, there’s an implication of some coming hesitation around such a level, due to behaviour during this year. However, with closure above 10.50, we can present a secondary ambition at 11.83€ and this is a point where the share price absolutely must close above the secondary target. Doing so shall ideally send a strong signal the market wants Orange share price to return to its hiatus level as we can calculate a long term target at 14.67€ eventually.

 

If everything decided to go wrong for Orange, below 9.56 looks very troubling, allowing reversal to an initial 9.28 with secondary, if broken, at a hopeful bottom of 8.91€. For now, we lean toward optimism for the share price future.

Yet again, our thanks to those who chose to visit some of the fascinating adverts on this page.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:25:45PM FTSE 7288 ‘cess
9:28:48PM BRENT 81.67 Success
9:31:42PM GOLD 1790.49 ‘cess
9:33:58PM FRANCE 7057.4 7033 7019 6988 7064 7112 7123 7141 7076 Success
9:36:23PM GERMANY 15987.9 Success
9:38:19PM US500 4686.82 4651 4643 4610 4686 4698 4711 4731 4668 Success
9:40:40PM DOW 35797.7 Success
9:43:05PM NASDAQ 16292.72 Success
9:45:07PM JAPAN 29725 ‘cess

 

 

23/11/2021 FTSE Closed at 7266 points. Change of 0.15%. Total value traded through LSE was: £ 5,349,222,584 a change of 8.04%
22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%

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:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:NG. National Glib** **LSE:POG Petrop etc** **LSE:PPC President Energy** **LSE:RMG Royal Mail** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Aston Martin, BALFOUR BEATTY, Barrett Devs, Darktrace Plc, MAN, Hikma, IG Group, IQE, National Glib, Petrop etc, President Energy, Royal Mail, Taylor Wimpey,

LSE:AML Aston Martin Close Mid-Price: 1563.5 Percentage Change: -2.52% Day High: 1594 Day Low: 1540.5

Weakness on Aston Martin below 1540.5 will invariably lead to 1502 with s ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 245.2 Percentage Change: + 0.91% Day High: 246.4 Day Low: 238.4

Weakness on BALFOUR BEATTY below 238.4 will invariably lead to 237 with s ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 702.2 Percentage Change: + 2.45% Day High: 709.2 Day Low: 683.8

All Barrett Devs needs are mid-price trades ABOVE 709.2 to improve accele ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 498.8 Percentage Change: -2.00% Day High: 516 Day Low: 490.8

If Darktrace Plc experiences continued weakness below 490.8, it will inva ……..

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LSE:EMG MAN Close Mid-Price: 223.8 Percentage Change: -1.10% Day High: 225 Day Low: 222.2

Weakness on MAN below 222.2 will invariably lead to 214p. If broken, hope ……..

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LSE:HIK Hikma Close Mid-Price: 2282 Percentage Change: -0.35% Day High: 2296 Day Low: 2260

Continued weakness against HIK taking the price below 2260 calculates as ……..

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LSE:IGG IG Group Close Mid-Price: 762 Percentage Change: -0.52% Day High: 769 Day Low: 759

Weakness on IG Group below 759 will invariably lead to 751p If broken, it ……..

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LSE:IQE IQE. Close Mid-Price: 50.4 Percentage Change: + 0.60% Day High: 51.6 Day Low: 48.85

Above 52p now looks capable of movement up to an initial 55 with secondary ……..

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LSE:NG. National Glib. Close Mid-Price: 992.4 Percentage Change: + 0.75% Day High: 999.2 Day Low: 982.5

Continued trades against NG. with a mid-price ABOVE 999.2 should improve ……..

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LSE:POG Petrop etc Close Mid-Price: 20.5 Percentage Change: -2.57% Day High: 20.9 Day Low: 18.55

If Petrop etc experiences continued weakness below 18.55, it will invaria ……..

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LSE:PPC President Energy. Close Mid-Price: 2.3 Percentage Change: + 2.22% Day High: 2.45 Day Low: 2.2

Target met. In the event of President Energy enjoying further trades beyo ……..

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LSE:RMG Royal Mail Close Mid-Price: 509 Percentage Change: -0.74% Day High: 514.4 Day Low: 501.6

Moves now ^up above 515 indicate the potential of recovery to an initial 5 ……..

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LSE:TW. Taylor Wimpey. Close Mid-Price: 157.8 Percentage Change: + 0.61% Day High: 160.45 Day Low: 156

All Taylor Wimpey needs are mid-price trades ABOVE 160.45 to improve acce ……..

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

GOLD & The FTSE again!

#Gold #Nasdaq  Less than a few weeks ago, we covered GOLD, finishing our report with the weasel words “If Gold now intends a bit of a meltdown, the price needs below 1,813…” Guess what, it didn’t take a few emails to ask for an update, movements on the yellow stuff being painfully dramatic on Monday 22nd November.

Once again, with Gold we can see a perfect example which justifies our pedantic nature, when we remember to add the important caveat which demands a product close a session above a trigger level. In the case of Gold, it failed to close above $1,873, instead enjoying a spiteful little spike upward at 1pm on November 16th to $1877, then immediate retreating. Yet again, this reinforces our utter distrust of price spikes, anywhere in the marketplace. Far too often, an upward spike is the prelude to reversals, the opposite true of a downward spike. Alas, this cannot be trusted as a hard and fast rule, a minute by minute glance at Gold prices showing it happening all the time. However, when a spike blasts through something we regard as an important trigger level, this generally suggests extreme care should be taken.

The price of Gold has now enacted a pretty awful movement, retreating below the Blue downtrend dating back to mid-2020. If this were a share price, we’d be truly alarmed, expecting the worst. The immediate situation threatens weakness below $1802 dripping down to an initial 1794. If broken, we’d hope for a solid bounce at 1768 eventually. Unfortunately, there is a greater danger by retreating below a Big Picture trend, the price now taking up residence in a zone which allows an eventual trip to $1,695, if our target levels keep breaking!

 

Of course, there’s always the risk we’re ‘only’ witnessing a market having fun at traders expense. If this is the case, any improvement capable of exceeding $1828 should probably be taken seriously as the metal will doubtless experience a surprise pace of recovery, once again with an initial ambition of 1873 and hopefully above.  In this instance, we’d hope closure above 1828 shall provide a reasonable triggering event.

The FTSE Quite a few folk are expressing alarm & confusion with FTSE 100 movements. We’re inclined to agree with most sentiments expressed, thanks to immediate movements making less sense than a Boris Johnston speech to industry. About the only thing which makes a slight degree of sense is the FTSE wants to go up, perhaps being restricted by other world markets attempting to retreat.

Closing Monday at 7,265 points, the UK index needs trade above 7,285 points (not with an opening spike) to enter a cycle to an initial 7,321 points. If bettered, we can calculate a secondary at an amazing – and therefore unlikely – 7,378 points.

The alternate scenario allows weakness next below 7,207 to point at reversal to an initial 7,193 points. If broken, we suspect it shall eventually bottom at 7,124 points.

A huge thanks to the folk who found adverts interesting on Monday. We really appreciate the free coffee it generates!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:54:12PM BRENT 78.84
9:56:58PM GOLD 1805 1801 1794 1765 1842 1849 1862 1882 1834 Success
9:58:55PM FTSE 7249 ‘cess
10:00:49PM FRANCE 7121.2
10:03:21PM GERMANY 16093.05 ‘cess
10:05:39PM US500 4688 Shambles
10:08:00PM DOW 35660 Success
10:10:06PM NASDAQ 16402 16365 16307 16153 16604 16604 16659 16757 16476 Success
10:16:29PM JAPAN 29660 ‘cess

 

 

 

22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%

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:BARC Barclays** **LSE:BP. BP PLC** **LSE:DARK Darktrace Plc** **LSE:EMG MAN** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **

********

Updated charts published on : Aston Martin, Barclays, BP PLC, Darktrace Plc, MAN, IG Group, Marks and Spencer, National Glib,

LSE:AML Aston Martin Close Mid-Price: 1604 Percentage Change: -0.47% Day High: 1625.5 Day Low: 1570.5

If Aston Martin experiences continued weakness below 1570.5, it will inva ……..

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LSE:BARC Barclays. Close Mid-Price: 194.74 Percentage Change: + 1.98% Day High: 195.32 Day Low: 191.22

This is showing a relatively interesting near term potential. The price on ……..

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LSE:BP. BP PLC. Close Mid-Price: 334.4 Percentage Change: + 2.40% Day High: 334.9 Day Low: 324.2

Now below 323 suggests coming reversal to an initial 307. If broken, we ca ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 509 Percentage Change: -3.51% Day High: 544 Day Low: 502.5

Target met. Weakness on Darktrace Plc below 502.5 will invariably lead to ……..

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LSE:EMG MAN Close Mid-Price: 226.3 Percentage Change: -0.61% Day High: 229.6 Day Low: 225.8

Something doesn’t feel right here as weakness below 225 indicates the pote ……..

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LSE:IGG IG Group Close Mid-Price: 766 Percentage Change: -0.26% Day High: 776 Day Low: 761.5

Continued weakness against IGG taking the price below 761.5 calculates as ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 245.5 Percentage Change: + 1.95% Day High: 249.5 Day Low: 245

Further movement against Marks and Spencer ABOVE 249.5 should improve acc ……..

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LSE:NG. National Glib. Close Mid-Price: 985 Percentage Change: + 0.15% Day High: 992.7 Day Low: 979.6

Target met. In the event of National Glib enjoying further trades beyond ……..

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

Can Natwest Group tow a caravan…

#Dax #BrentCrude  Good things tend to come around eventually. For instance, Sunday brought Top Gear AND Formula 1, both on the same day. The only fly in the ointment has been listening to the music and squeals from “I’m A Nonentity” returning to TV, a certain family member declaring it essential viewing. Maybe, like TV, Natwest shall eventually provide an almost perfect day but we’re starting to lose hope.

When we previously reviewed the bank just three weeks ago, we provided a scenario allowing weakness to 205p. Unsurprisingly, the scenario triggered but somehow, failed to reach our drop target. Instead, the drop from 221 arrested at 209p, rather than continue to our proposed 205p. Perhaps this indicates some hidden strength, or at least unwillingness in the market for the share price to be utterly trashed. While our inclination is to hope for the best, an unpleasant series of calculations suggest weakness next below 209p should provoke reversal to an initial 200p with secondary, if broken, working out at 188p and hopefully a rebound. To be fair, if the market opts to follow the previous reversal model, perhaps any rebound should occur around 192p, the level of some previous drops.

 

Presently trading around 221p, Natwest requires trade above 224p to give a slight tickle to a possibility of positive price movement. Above this level allows us to calculate an initial target now at an insignificant  234p. Visually, there’s a strong suggestion of some hesitation at such a level, especially as our secondary (should the initial target be exceeded) works out at a game changing 246p, a price level where is becomes sane to imagine better things for the future.

Finally, would it be pedantic to point out, despite the most aerodynamic caravan bodies possible, none of the electric vehicles successfully reached their destination. It begs an important question, just how badly would any of these vehicles perform, if towing a conventional caravan or horsebox. Despite remaining impressed with our recent “go” in a Renault Zoe, from a countryside perspective it appears electric vehicles still have a long way to go, before they be trusted to go a long way…

Yet again, our real thanks to the folks who discover interesting adverts on this page. A visit buys us a coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
2:37:36PM BRENT 77.92 77.51 77.21 76.37 78.49 79.75 80.195 81.09 78.4 ‘cess
2:59:02PM GOLD 1847.23 Success
3:01:31PM FTSE 7213.82 ‘cess
3:05:01PM FRANCE 7102 Success
7:43:18PM GERMANY 16149.26 16116 16070.5 15996 16202 16236 16257 16313 16128 Shambles
8:06:10PM US500 4702.62 ‘cess
10:23:28PM DOW 35607 Shambles
10:25:46PM NASDAQ 16593 ‘cess
10:27:59PM JAPAN 29610

 

19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%

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:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:MKS Marks and Spencer** **LSE:PPC President Energy** **LSE:SDY Speedyhire** **

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Updated charts published on : Aston Martin, BALFOUR BEATTY, Carclo, Carnival, Centrica, Diageo, EasyJet, Hikma, British Airways, Marks and Spencer, President Energy, Speedyhire,

LSE:AML Aston Martin Close Mid-Price: 1611.5 Percentage Change: -2.36% Day High: 1652.5 Day Low: 1581.5

In the event Aston Martin experiences weakness below 1581.5 it calculates ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 245 Percentage Change: + 0.41% Day High: 245.2 Day Low: 240.8

If BALFOUR BEATTY experiences continued weakness below 240.8, it will inv ……..

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LSE:CAR Carclo. Close Mid-Price: 43 Percentage Change: + 3.49% Day High: 48.1 Day Low: 41

All Carclo needs are mid-price trades ABOVE 48.1 to improve acceleration ……..

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LSE:CCL Carnival Close Mid-Price: 1392.2 Percentage Change: -2.32% Day High: 1428.8 Day Low: 1351

Target met. In the event Carnival experiences weakness below 1351 it calc ……..

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LSE:CNA Centrica Close Mid-Price: 67.5 Percentage Change: -1.06% Day High: 69.78 Day Low: 67.72

Target met. In the event of Centrica enjoying further trades beyond 69.78 ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 527.5 Percentage Change: + 0.57% Day High: 539.5 Day Low: 514

Continued weakness against DARK taking the price below 514 calculates as ……..

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LSE:DGE Diageo Close Mid-Price: 3878 Percentage Change: -0.37% Day High: 3926 Day Low: 3868.5

In the event of Diageo enjoying further trades beyond 3926, the share sho ……..

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LSE:EZJ EasyJet Close Mid-Price: 555.2 Percentage Change: -2.70% Day High: 574.4 Day Low: 535.6

Target met. In the event EasyJet experiences weakness below 535.6 it calc ……..

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LSE:HIK Hikma. Close Mid-Price: 2300 Percentage Change: + 0.57% Day High: 2310 Day Low: 2270

If Hikma experiences continued weakness below 2270, it will invariably le ……..

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LSE:IAG British Airways Close Mid-Price: 148.5 Percentage Change: -3.77% Day High: 154.82 Day Low: 145.06

Weakness on British Airways below 145.06 will invariably lead to 144 wit ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 240.8 Percentage Change: + 1.95% Day High: 243 Day Low: 235.2

All Marks and Spencer needs are mid-price trades ABOVE 243 to improve acc ……..

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LSE:PPC President Energy. Close Mid-Price: 2.2 Percentage Change: + 7.32% Day High: 2.35 Day Low: 2.05

Continued trades against PPC with a mid-price ABOVE 2.35 should improve t ……..

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LSE:SDY Speedyhire. Close Mid-Price: 71.9 Percentage Change: + 6.05% Day High: 71.9 Day Low: 66.8

Further movement against Speedyhire ABOVE 71.9 should improve acceleratio ……..

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