#Brent #DAX We wonder if the recent little hiccup with Facebook share price, among others to be fair, share prove emblematic of a wider problem. For quite some time, we’ve thought many tech stocks – and some pharma’s – have enjoyed too great a success, share prices going higher, far higher, than logically sane. But somewhere in the world, there’s a market where share prices tend opt for boredom, the concept of flamboyant behaviour suspected to be a thing of the past.
Obviously, we’re looking at the FTSE 100, home of undervalued but respectable shares. The UK’s retail banks, long ignored, may even be poised for some time in the sun, hopefully seen as a safer haven against the hysterical behaviour exhibited in the US market place against the likes of Moderna, Netflix, and recently, Meta (aka Facebook). With the likes of Barclays, the share price is already starting to look interesting, something especially clear when viewing the company performance on Wall St. Lloyds Bank share price, is not yet copying Barclays on Wall St, presently trading around $2.76US but requiring above $3.43US to tell us to anticipate some real movement. Such a trigger looks capable of provoking a cycle to $5.85US eventually.
To return to a UK perspective and Sterling share price valuations for Lloyds, if we rely on trend lines, the immediate Blue downtrend suggests the share needs above 60p currently to promote joy for the future, ideally triggering a surge to an initial 65p with secondary, if bettered, a longer term 77p. What surprises us currently are two very different formula, both of which point to the immediate movement cycle heading to 58.5p as a major point of interest. Generally speaking, when a bunch of arguments produce similar target levels for a share, it takes something quite dramatic for such a target to be avoided. As a result, despite Lloyds bouncing around in the lower 50’s, we’ve considerable hope sufficient force will appear to drive it upward to our 58.6p.
We suspect the price shall only require closure above this 58.5p target level to signify our bigger picture ambition of 77p assuming a degree of reality. For everything to start going horribly wrong, the share price currently needs weaken below 47p.
Finally, and absolutely nothing to do with Lloyds Bank, for the first time in decades, my weekend was hijacked by a brilliant book, a biography by someone called Sonia Purnell. It’s called “A Woman of No Importance” and was about someone called Virginia Hall, described as WWII’s most dangerous spy. An utterly fascinating ‘read’. (Available as an audiobook)
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 3:26:57PM | BRENT | 92.54 | 91.26 | 90.985 | 90.17 | 92.8 | 92.9 | 93.425 | 94.55 | 91 | Success |
| 3:29:05PM | GOLD | 1808.39 | Shambles | ||||||||
| 3:31:28PM | FTSE | 7525 | |||||||||
| 3:34:20PM | FRANCE | 6998.1 | ‘cess | ||||||||
| 3:38:18PM | GERMANY | 15160 | 15135 | 15073 | 14853 | 15241 | 15304 | 15343 | 15384 | 15178 | Success |
| 3:40:22PM | US500 | 4523.47 | |||||||||
| 3:50:01PM | DOW | 35221.6 | ‘cess | ||||||||
| 3:52:08PM | NASDAQ | 14769 | Success | ||||||||
| 3:53:52PM | JAPAN | 27295 | Success |
4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%
3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%
2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%
1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%
31/01/2022 FTSE Closed at 7464 points. Change of -0.03%. Total value traded through LSE was: £ 6,086,283,575 a change of -43.89%
28/01/2022 FTSE Closed at 7466 points. Change of -1.16%. Total value traded through LSE was: £ 10,846,360,111 a change of 33.05%
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%
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:CNA Centrica** **LSE:CPI Capita** **LSE:EME Empyrean** **LSE:GKP Gulf Keystone** **LSE:IQE IQE** **LSE:PHP Primary Health** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **
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Updated charts published on : Aston Martin, Centrica, Capita, Empyrean, Gulf Keystone, IQE, Primary Health, Scancell, Vodafone,
LSE:AML Aston Martin Close Mid-Price: 1124.5 Percentage Change: -2.43% Day High: 1163 Day Low: 1115
If Aston Martin experiences continued weakness below 1115, it will invari ……..
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View Previous Aston Martin & Big Picture ***
LSE:CNA Centrica Close Mid-Price: 76.48 Percentage Change: -1.52% Day High: 78.32 Day Low: 76.16
All Centrica needs are mid-price trades ABOVE 78.32 to improve accelerati ……..
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View Previous Centrica & Big Picture ***
LSE:CPI Capita Close Mid-Price: 31.09 Percentage Change: -2.11% Day High: 31.8 Day Low: 30.59
In the event Capita experiences weakness below 30.59 it calculates with a ……..
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View Previous Capita & Big Picture ***
LSE:EME Empyrean. Close Mid-Price: 7.2 Percentage Change: + 2.13% Day High: 7.45 Day Low: 7
All Empyrean needs are mid-price trades ABOVE 7.45 to improve acceleratio ……..
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View Previous Empyrean & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 239 Percentage Change: + 8.64% Day High: 240 Day Low: 221
Target met. In the event of Gulf Keystone enjoying further trades beyond ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 33 Percentage Change: + 3.45% Day High: 33.2 Day Low: 31.95
In the event of IQE enjoying further trades beyond 33.2, the share should ……..
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View Previous IQE & Big Picture ***
LSE:PHP Primary Health Close Mid-Price: 137.4 Percentage Change: -2.62% Day High: 142.4 Day Low: 137.7
Target met. Continued weakness against PHP taking the price below 137.7 c ……..
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View Previous Primary Health & Big Picture ***
LSE:SCLP Scancell. Close Mid-Price: 17.5 Percentage Change: + 0.57% Day High: 17.75 Day Low: 17.25
In the event Scancell experiences weakness below 17.25 it calculates with ……..
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View Previous Scancell & Big Picture ***
LSE:VOD Vodafone. Close Mid-Price: 134.22 Percentage Change: + 0.48% Day High: 135.92 Day Low: 134.42
In the event of Vodafone enjoying further trades beyond 135.92, the share ……..
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View Previous Vodafone & Big Picture ***