Trends and Targets for 19/06/2018

Versarien (LSE:VRS) Every time we are asked about this share, the movie “Valerian and the City of…” springs to mind. Again. It’s an easily forgettable film, made interesting by an opening sequence which attempts outdo “2001 – A Space Odyssey”. And with arguably better music!

As for the share price, last time we commented back in February, we speculated on 138p as an eventual target, This has now been achieved with the share managing to follow a pretty well defined track to target. (Sorry we cannot give our usual link to the Interactive Investor report at present. For now, click here for our own published item)

The share remains with quite a lot going for it as growth now bettering 140p indicates it commencing a cycle to 158p next. Secondary, if bettered, calculates at 168p. Above 168p and things get woolly, simply due to our inability to calculate higher. A choice of two scenario will doubtless unfold with either the market opting to gap the price higher at the market open, should the market intend non logical heights. Alternately, we’d suspect some stutters to unfold around the 158p level while the market takes a breath, gathering strength for the future.

If it all intends go horribly wrong, the price currently needs weaken below 110p just to break the immediate uptrend and hint at a slowdown coming. We’d suspect the price could dribble down toward 85p before a major bounce could be hoped. Visually, the share price needs half to 68p to break the real uptrend and indicate real trauma ahead.

Chart goes here

FTSE Closed at 7631 points. Total value traded through LSE was: £ 5,503,551,631

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:47:32PM

BRENT

75.1

Shambles

10:49:30PM

GOLD

1278.82

1275

1268.5

1255

1286

1294

1297.12

1304.41

1286

10:51:47PM

FTSE

7657.41

‘cess

10:54:08PM

FRANCE

5457.7

Success

10:57:21PM

GERMANY

12856.22

Success

11:01:32PM

US500

2774.82

‘cess

11:04:51PM

DOW

24995.4

11:07:26PM

NASDAQ

7250.94

7184.6

7178.5

7141

7225

7264

7293.5

7330

7203

‘cess

11:10:27PM

JAPAN

22692

‘cess

 

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:FRES Fresnillo** **LSE:IAG British Airways** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:OXIG Oxford Instruments** **LSE:RTHM Rythm One** **LSE:TLW Tullow** **LSE:VED Vedanta** **

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Updated charts published on : BALFOUR BEATTY, Fresnillo, British Airways, Kaz Minerals, Lloyds Grp., Oxford Instruments, Rythm One, Tullow, Vedanta,


LSE:BBY BALFOUR BEATTY Close Mid-Price: 295 Percentage Change: -0.74% Day High: 297.1 Day Low: 292.9

2018=9

Continued weakness breaking 292 indicates a fake bounce at 287 before it e ……..

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View Previous BALFOUR BEATTY & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 1162.5 Percentage Change: -0.43% Day High: 1171.5 Day Low: 1152.5

2018=35

Target Met. Below 1152 still suggests weakness coming to 1112p and, ideall ……..

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View Previous Fresnillo & Big Picture ***


LSE:IAGLSE:IAG British Airways. Close Mid-Price: 718.6 Percentage Change: + 0.70% Day High: 724.8 Day Low: 711.8

2018=70

Movements now above 725 indicate some travel to an initial 734p with secon ……..

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View Previous British Airways & Big Picture ***


LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 914.2 Percentage Change: + 1.17% Day High: 915 Day Low: 885.2

2018=7

Weakness below 885 indicates some excavation down to 860p next. Ideally so ……..

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View Previous Kaz Minerals & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 61.57 Percentage Change: -0.82% Day High: 62.43 Day Low: 61.35

2018=23

Now below 61.3 and we’re remain looking at 59.5p with some bounce potentia ……..

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View Previous Lloyds Grp. & Big Picture ***


LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 1096 Percentage Change: + 2.05% Day High: 1116 Day Low: 1070

2018=10

Movement above 1116 should still lead to 1127 next. If exceeded, the secon ……..

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View Previous Oxford Instruments & Big Picture ***


LSE:RTHM Rythm One Close Mid-Price: 192 Percentage Change: -4.00% Day High: 200 Day Low: 181

2018=12

This appears to have been very deliberately moved into the twighlight zone ……..

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View Previous Rythm One & Big Picture ***


LSE:TLWLSE:TLW Tullow. Close Mid-Price: 231 Percentage Change: + 1.32% Day High: 232.7 Day Low: 223.3

2018=10

This is not ideal as it appears sane to suspect weakness continuing below ……..

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View Previous Tullow & Big Picture ***


LSE:VEDLSE:VED Vedanta. Close Mid-Price: 692.6 Percentage Change: + 0.00% Day High: 697.8 Day Low: 680.2

2018=14

Weakness below 680 still confirms this on a cycle toward 618 next with sec ……..

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View Previous Vedanta & 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:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITV ITV** **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:RBS Royal Bank Scot** **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:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VOD Vodafone** **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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