#Gold #WallSt This is a share which we’ve decided to include in our December “advent calendar” listings. It’s quite fascinating how the market decided to gap the share price up, then stop the price moving. If we’d to guess, it looks like fairly standard takeover behaviour, shareholders now waiting to see if the board of directors opt to accept whatever part of the deal is best for their own pockets, rather than bothering about shareholders. However, in this instance, something very positive has happened, the market clearly allocating some interest in the future.
With the price being gapped above the Blue downtrend, it also now resides in “higher high” territory at levels not seen since 2021. This is one of these illogical situations, the opposite to the truism of “never catching a falling knife” when trying to assume a price cannot fall further. This attitude is rarely rewarded with anything other than a bunch of shareholders walking funny, their investment going horribly wrong. In this instance, the converse could be true as while you should never try and catch the falling metaphorical knife, it often can prove wise to grab hold of something which is heading up. And this is what the market are enacting with payment provider, Eckoh.
The situation now suggests traffic above 53.7p should next trigger gains to an initial 60p which, if bettered, allows for a secondary at 70p. Visually, there is certainly ample excuse for some hesitation to occur at the 60p level but applying conventional charty wisdom, the strong suggestion given is of this intending to head up.
Our problem comes from a Big Picture argument, presented by our software, as it presents a Long Term 96p as a viable ambition, now the share resides in recovery territory. We suspect this shall be worth keeping an eye on in case whatever potential deal is currently being offered falls apart.
If things intend go wrong, the share price needs close below 47p, this being a perfect point to invest in running shoes…
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:09:17PM | BRENT | 7279 | |||||||||
| 11:14:54PM | GOLD | 2589 | 2585 | 2572 | 2535 | 2596 | 2625 | 2640 | 2659 | 2604 | Success |
| 11:35:11PM | FTSE | 8118.3 | Success | ||||||||
| 11:38:34PM | STOX50 | 4888 | Success | ||||||||
| 11:41:36PM | GERMANY | 19988.2 | Success | ||||||||
| 11:44:54PM | US500 | 5881.5 | Success | ||||||||
| 11:48:45PM | DOW | 42405.5 | 42162 | 42119 | 41137 | 42422 | 42535 | 42674 | 42844 | 42329 | Success |
| 11:52:26PM | NASDAQ | 21229.6 | Success | ||||||||
| 11:55:51PM | JAPAN | 38665 | Success |
18/12/2024 FTSE Closed at 8191 points. Change of -0.05%. Total value traded through LSE was: £ 5,123,160,668 a change of -23.19%
17/12/2024 FTSE Closed at 8195 points. Change of -0.81%. Total value traded through LSE was: £ 6,670,012,289 a change of 49.11%
16/12/2024 FTSE Closed at 8262 points. Change of -0.46%. Total value traded through LSE was: £ 4,473,170,966 a change of 7.01%
13/12/2024 FTSE Closed at 8300 points. Change of -0.13%. Total value traded through LSE was: £ 4,180,122,576 a change of -10.3%
12/12/2024 FTSE Closed at 8311 points. Change of 0.12%. Total value traded through LSE was: £ 4,660,074,740 a change of -19.71%
11/12/2024 FTSE Closed at 8301 points. Change of 0.25%. Total value traded through LSE was: £ 5,804,184,495 a change of 29.66%
10/12/2024 FTSE Closed at 8280 points. Change of -0.86%. Total value traded through LSE was: £ 4,476,630,300 a change of -11.71% 
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:AV. Aviva** **LSE:CAR Carclo** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **
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Updated charts published on : Aviva, Carclo, HSBC, British Airways, National Glib, Ocado Plc, Quadrise,
LSE:AV. Aviva Close Mid-Price: 463.9 Percentage Change: -0.79% Day High: 468.9 Day Low: 462.9
If Aviva experiences continued weakness below 462.9, it will invariably l ……..
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View Previous Aviva & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 25.2 Percentage Change: -6.67% Day High: 27 Day Low: 24.8
Target met. Continued weakness against CAR taking the price below 24.8 ca ……..
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View Previous Carclo & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 767.9 Percentage Change: + 1.35% Day High: 769.4 Day Low: 759.6
Target met. All HSBC needs are mid-price trades ABOVE 769.4 to improve ac ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 302.8 Percentage Change: + 1.85% Day High: 304.9 Day Low: 300.1
Further movement against British Airways ABOVE 304.9 should improve acce ……..
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View Previous British Airways & Big Picture ***
LSE:NG. National Glib Close Mid-Price: 926.2 Percentage Change: -1.11% Day High: 938.8 Day Low: 924.6
Weakness on National Glib below 924.6 will invariably lead to 919p with s ……..
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View Previous National Glib & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 302.7 Percentage Change: -0.85% Day High: 305.8 Day Low: 296.2
In the event Ocado Plc experiences weakness below 296.2 it calculates wit ……..
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View Previous Ocado Plc & Big Picture ***
LSE:QED Quadrise Close Mid-Price: 5.35 Percentage Change: -8.55% Day High: 6.3 Day Low: 5.3
Target met. Further movement against Quadrise ABOVE 6.3 should improve ac ……..
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View Previous Quadrise & Big Picture ***