Trends and Targets for 14/06/2018

Created 13/06/2018 at 22:31

Lloyds Group (LSE:LLOY) In keeping with the spirit of Christmas (Xmas 2016!) it appears Lloyds may be preparing itself to make a move. Unfortunately, that’s about all which can be said due to the movement looking rather downward. There are some rather odd potentials showing.

Firstly, there’s a whole lot of 1p nonsense, doubtless being caused by the relatively flat movement of the share price this year. If we adhere to our usual style of presentation, we are therefore supposed to be writing “moves now below 62 suggest 61 next with secondary, if broken, at 60”. We’re not immune from spotting the ridiculous, so instead we’ve stepped back to view the bigger picture which, alas, is not much better.

The current situation is of weakness now below 62p pointing at an initial 60p with secondary, if (when) broken at a hopefully bouncy bottom at 57.75p. Given this matches the uptrend since 2011, it’s also believable. We’ve opted to show a further number on the chart should this RED trend be broken as it makes 52.5p perfectly capable of presenting “the trampoline level”.

To escape this mess, the share price requires bettering BLUE, currently around 71p, as this is very liable to promote an initial 77p with secondary, if bettered, at 86p. Visually, the price shall require a miracle to achieve this.

Chart goes here

FTSE Closed at 7703 points. Total value traded through LSE was: £ 6,985,003,306

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:57:31PM

BRENT

76.37

10:59:09PM

GOLD

1299.74

Shambles

11:01:54PM

FTSE

7688

‘cess

11:03:35PM

FRANCE

5442

11:05:53PM

GERMANY

12863

12777

12741.5

12671

12876

12906

12926.5

12977

12811

11:07:47PM

US500

2775.67

‘cess

11:10:53PM

DOW

25202

Success

11:12:44PM

NASDAQ

7209.75

Success

11:15:24PM

JAPAN

22820

22795

22725

22642

22935

22974

23121.25

23294

22800

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:EME Empyrean** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:IPF International Personal Finance** **LSE:OXIG Oxford Instruments** **LSE:RBS Royal Bank Scot** **LSE:RTHM Rythm One** **LSE:VOD Vodafone** **

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Updated charts published on : BALFOUR BEATTY, Empyrean, Fresnillo, Gulf Keystone, Hargreaves Lansdown, International Personal Finance, Oxford Instruments, Royal Bank Scot, Rythm One, Vodafone,


LSE:BBY BALFOUR BEATTY Close Mid-Price: 297.5 Percentage Change: -0.83% Day High: 302.8 Day Low: 297.3

2018=9

This is officially not good as the price appears to have changed direction ……..

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View Previous BALFOUR BEATTY & Big Picture ***


LSE:EME Empyrean Close Mid-Price: 9 Percentage Change: -2.70% Day High: 9.25 Day Low: 8.85

2017=17

Weakness below 8.8 should bring 7.5 and a bounce – ideally. Secondary, if ……..

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View Previous Empyrean & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 1188 Percentage Change: -0.79% Day High: 1206 Day Low: 1168

2018=35

Whatever changed here is quite dangerous as below 1168 now signals 1154 in ……..

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View Previous Fresnillo & Big Picture ***


LSE:GKPLSE:GKP Gulf Keystone. Close Mid-Price: 213.5 Percentage Change: + 2.15% Day High: 215.5 Day Low: 207.5

2018=10

Movement up above 216 still looks capable of an initial 222p. Secondary, i ……..

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View Previous Gulf Keystone & Big Picture ***


LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 2059 Percentage Change: + 2.18% Day High: 2064 Day Low: 2015

2018=18

Target Met. Now exceeding 2064 and we suspect a stutter awaits at 2151p. I ……..

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View Previous Hargreaves Lansdown & Big Picture ***


LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 216.2 Percentage Change: + 0.37% Day High: 219.8 Day Low: 216

2018=18

Now above 220 and we’re looking for 224 initially, then we’re showing one ……..

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View Previous International Personal Finance & Big Picture ***


LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 1016 Percentage Change: + 1.40% Day High: 1040 Day Low: 1002

2018=10

Apparently movement above 1040 should now lead to 1114 next. If exceeded, ……..

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View Previous Oxford Instruments & Big Picture ***


LSE:RBS Royal Bank Scot Close Mid-Price: 262 Percentage Change: -1.39% Day High: 266.1 Day Low: 261.5

2018=7

This is not great as it appears weakness below 261 shall confirm traffic t ……..

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View Previous Royal Bank Scot & Big Picture ***


LSE:RTHMLSE:RTHM Rythm One. Close Mid-Price: 220 Percentage Change: + 5.77% Day High: 230 Day Low: 208

2018=12

This is showing early signs of changing direction. Moves now exceeding 234 ……..

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View Previous Rythm One & Big Picture ***


LSE:VOD Vodafone Close Mid-Price: 185.6 Percentage Change: -1.54% Day High: 189.24 Day Low: 185.14

2018=18

Weakness now below 185 indicates 173 with secondary 170, essentially sugge ……..

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View Previous Vodafone & Big Picture ***


*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graph.** **LSE:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **LSE:NIPT Premaltha** **LSE:OPG OPG Power Ventures** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POL Polo Resources** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

 

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