Deutz AG (TG:DEZ) around 5.85€ at time of writing

#FTSE #WallSt  There’s been quite a lot of gossip about a miracle new fuel for diesel engines, one which provides a substantial drop in emissions, increases power and efficiency, yet is compatible with modern diesel engines. Such is the change in behaviour, it’s liable to remove diesel engines from the “green” naughty step, especially as the fuel is renewable. It is called Hydrotreated Vegetable Oil (HVO), completely different from biodiesel as its produced from used oils, residues, and waste materials.

The political shambles which inflicted devices such as Particulate Filters in modern diesels shall be completely defused, due to the all round benefits of HVO. In May of this year, the rollout commenced in Germany with the product available nationwide at petrol stations. The company, Deutz AG who are behind this impetus are also fairly famous for their engines, having been in the business for an amazing 160 years, producing the first gas engine, hydrogen engines, and of course their famed diesel units.

We’ve obviously a bias in favour of diesels, recent events providing more information about Particulate Filters and the aim of planned obsolescence than we wanted to know. While our own issue has been resolved with a Toyota SUV, the fury when an initial dealer flippantly diagnosed the vehicle as an uneconomical repair still infuriates. It cost just under 300 quid to have the filter cleaned by an independent specialist.

 

Something seems to be happening with Deutz share price, needing only above 6.2€ to suggest it shall potentially trigger movements to an initial 6.8 euro with our longer term secondary, if bettered, calculating at a future 8.3€. We suspect almost certain hesitation at this point, given this is the level of a prior high.

We’d be alarmed if the share discovered an excuse to slump below 5.05€ as this risks triggering reversals to an initial 4.6 with our secondary, if broken, at a probable bottom of 4.1€.

Given the shares pace of movement over the years, this risks being a slow process, perhaps one with “Fire & Forget” potentials but certainly worth investigating.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:50:19PM BRENT 8413.9 ‘cess
9:52:30PM GOLD 2319.05
9:57:00PM FTSE 8236.3 8220 8183 8139 8252 8271 8289 8312 8244 Success
9:59:32PM STOX50 4943.6 Success
10:25:05PM GERMANY 18189 Success
10:28:48PM US500 5469.3
10:32:04PM DOW 39091.5 38993 38825 38577 39169 39420 39552 39738 39309 ‘cess
10:35:51PM NASDAQ 19704.6
10:41:02PM JAPAN 39331 ‘cess
25/06/2024 FTSE Closed at 8247 points. Change of -0.41%. Total value traded through LSE was: £ 5,197,523,885 a change of -1.46%
24/06/2024 FTSE Closed at 8281 points. Change of 0.53%. Total value traded through LSE was: £ 5,274,668,036 a change of -64.96%
23/06/2024 FTSE Closed at 8237 points. Change of -0.42%. Total value traded through LSE was: £ 15,052,828,026 a change of 169.21%
20/06/2024 FTSE Closed at 8272 points. Change of 0.82%. Total value traded through LSE was: £ 5,591,583,637 a change of 26.19%
19/06/2024 FTSE Closed at 8205 points. Change of 0.17%. Total value traded through LSE was: £ 4,431,021,762 a change of -14.42%
18/06/2024 FTSE Closed at 8191 points. Change of 0.6%. Total value traded through LSE was: £ 5,177,578,584 a change of -3.32%
17/06/2024 FTSE Closed at 8142 points. Change of -0.05%. Total value traded through LSE was: £ 5,355,562,392 a change of 9.34%

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:IGG IG Group** **LSE:OCDO Ocado Plc** **LSE:OPG OPG Power Ventures** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **

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Updated charts published on : IG Group, Ocado Plc, OPG Power Ventures, Scancell, Vodafone,


LSE:IGG IG Group Close Mid-Price: 822 Percentage Change: -0.84% Day High: 832.5 Day Low: 822.5

Continued trades against IGG with a mid-price ABOVE 832.5 should improve ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 290.4 Percentage Change: -7.07% Day High: 303.4 Day Low: 287.2

If Ocado Plc experiences continued weakness below 287.2, it will invariab ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 10.25 Percentage Change: + 0.00% Day High: 10.38 Day Low: 10.05

Continued weakness against OPG taking the price below 10.05 calculates as ……..

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LSE:SCLP Scancell. Close Mid-Price: 11.12 Percentage Change: + 11.25% Day High: 11.12 Day Low: 9.88

Now above 11.2 suggests further recovery to an initial 13.5 with our secon ……..

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LSE:VOD Vodafone Close Mid-Price: 70.66 Percentage Change: -2.27% Day High: 72.7 Day Low: 70.6

Continued trades against VOD with a mid-price ABOVE 72.7 should improve t ……..

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

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