Trends And Targets

#FTSE 4 FRIDAY and a dig at #Ferrari! #DAX #GOLD The UK market has spent this week trying to pretend some recovery, a feat which appears beyond the land of “Strong and Stable”. Instead, it appears we now face some sharp reversals anytime soon and it all depends where the market opens on Friday. Continue reading “Trends & Targets 19/10/2018”

Johnston Press (LSE:JPR) Sometimes a picture is better than a 1000 words. This has gone beyond dangerous and needs a miracle above 3p!

A drop target of minus 10p is obviously impossible.

 

 

@haroldwragg

88 Energy #DOW #CAC40 This has experienced a bit of a hammering since we last reviewed it back in June. But first, todays good news. My bad leukaemia count retreated from 304 cells down to 8 bad cells in just a single week. Now back to 88E! Continue reading “Trends and Targets for 18/10/2018”

#Glencore #Nasdaq #SP500 This share reveals a peculiar in-house bias. Essentially, none of us trust shares with 4 character epics! Indeed, even those with 2 characters and a dot are hated. Sloppy naming conventions make writing analysis software a bit of a nuisance at times. Continue reading “Trends and Targets for 17/10/2018”

#Sirius Minerals and Fundamentals #GOLD #CAC40. This lot are starting to give good reason for concern in the future. Every now and then, we come across a number regarded as sacrosanct and in the case of Sirius, it’s at just 22.75p. What merits this analysis happened in September and again, the start of October. Continue reading “Trends and Targets for 16/10/2018”

#FTSE Big Picture and some unspeakable stuff! #DAX #BRENT A surprise erection and the stock markets. Unless discussing building projects, the “erection” word is one blokes avoid. However… Continue reading “Trends and Targets for 15/10/2018”

#TERN plc #Brent #SP500 Our ‘#FTSE for FRIDAY‘ guru, currently milking his bout of leukaemia in a Scottish hospital, remains unavailable. However, we’re still able to use our software, suspecting the market has potentially shown itself as bottoming. As a result, we’re looking for upward indications on the FTSE.

If, on Friday, the index stumbles above 7091 points, recovery to an initially tame 7121 makes sense. If bettered, secondary is at 7178 points. Stop can be at 7032 points.

 

However, we’ve been emailed about TERN and admit the share exhibits some interesting potentials.

The immediate cycle calculates with ultimate bottom of 7.75p. It also offers the opinion the price dare not close below 7.5p as all future targets come decorated with minus sign prefix’s. In plain English, the suggestion is for a bounce anytime now. Any rebound taking the share price above just 17p should prove capable of an initial 24.5p. The visuals hint at a stutter as such a level.

But with closure above 24.5p, we’re calculating a strong secondary of 38p before we require to recalculate the future..

 

All joking aside, thanks for the emails regarding the boss. His incurable illness repeats every 5 years or so. Then he lives in a quarantine bubble, surrounded by his computers, until his immune system grows back. Then he cuts down trees, mows the lawn, presses wild flowers, and bitches about the weather!

 

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

6:07:23PM

US500

2760

2735

2714.5

2639

2794

2798

2816

2842

2740

‘cess

6:18:59PM

GOLD

1221

Success

7:20:01PM

DOW

25346

‘cess

7:28:31PM

FTSE

6998

‘cess

8:01:13PM

FRANCE

5071

Success

8:05:09PM

GERMANY

11479

‘cess

8:16:41PM

NASDAQ

6960

Success

8:20:17PM

BRENT

80.13

79.73

79.07

78.17

81.25

81.96

82.39

82.77

81.25

Success

8:24:15PM

JAPAN

22562