Trends and Targets for 20/06/2018

Debenhams & a Bitcoin comment (LSE:DEB) Sometimes, it feels like “moth to flame” provides a valid description regarding Bitcoin but the reality hinges on emails received. And the most common one currently relates to our grotty target around 5,400 from a few months ago.

The question being asked; do we still think it shall bounce if it hits 5,400?

It almost must as any movement below 5414 allows for the value of the concept to more than half, trashing the uptrend since May of last year.

Debenhams, on the other hand, is a different kettle of rotting fish.

The share price has a last ditch bottom at 16p, a number it cannot afford close below (from our perspective) as we cannot calculate anything lower. Quite literally, this takes it into the Woolworth, Yell, Gulf Keystone, POG zone of misery and will require an entire textbook full of miracles to escape.

Sometimes there’s a chance of a bounce at these logical “ultimate” bottoms and we generally hope for a donk against the immediate downtrend, rather than think unrealistic thoughts. In the case of Debenhams, movement to 21.5p looks like the strongest possible case if trying a near term punt. If the price has actually bottomed, we require the share to close a session above 24.5p. Such a scenario moves the share price into a region where continued recovery to 32p looks possible. If exceeded, secondary is 42p along with the threat of real miracles taking place.

More than ever, this lot are at the “fingers crossed” point.

Chart goes here

FTSE Closed at 7603 points. Total value traded through LSE was: £ 7,266,497,554

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:21:45PM

BRENT

74.64

10:23:36PM

GOLD

1275.11

10:27:32PM

FTSE

7639.9

‘cess

10:30:32PM

FRANCE

5417

5364

5345.5

5274

5400

5433

5440.5

5466

5390

‘cess

10:40:33PM

GERMANY

12732

Success

10:42:23PM

US500

2763.12

Success

10:45:33PM

DOW

24723.2

24546

24433

24281

24797

24840

24922.5

25048

24740

Success

10:47:56PM

NASDAQ

7232.12

Success

10:50:16PM

JAPAN

22266

Success

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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:FRES Fresnillo** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:RBS Royal Bank Scot** **LSE:RTHM Rythm One** **LSE:VED Vedanta** **LSE:VOD Vodafone** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Carclo, Capita, Fresnillo, Kaz Minerals, Lloyds Grp., Royal Bank Scot, Rythm One, Vedanta, Vodafone,


LSE:BARC Barclays Close Mid-Price: 193 Percentage Change: -1.01% Day High: 194.14 Day Low: 190.48

2018=12

Below 190 remains indicative of travel to an initial 188.5p with secondary ……..

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View Previous Barclays & Big Picture ***


LSE:BBY BALFOUR BEATTY Close Mid-Price: 290.2 Percentage Change: -1.63% Day High: 293.1 Day Low: 289.8

2018=9

Continued weakness breaking 289 indicates a fake bounce at 287 before it e ……..

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View Previous BALFOUR BEATTY & Big Picture ***


LSE:CAR Carclo Close Mid-Price: 79.4 Percentage Change: -1.73% Day High: 80 Day Low: 79

2018=70

We’ve had some suspicions about this lots price moves as below 79 suggests ……..

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View Previous Carclo & Big Picture ***


LSE:CPILSE:CPI Capita. Close Mid-Price: 163.95 Percentage Change: + 7.68% Day High: 164.75 Day Low: 154.1

Movements now exceeding 165p enter a phase to 174.5 next. If bettered, sec ……..

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View Previous Capita & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 1140.5 Percentage Change: -1.89% Day High: 1159.5 Day Low: 1136.5

2018=35

Below 1136 still suggests weakness coming to 1112p and, ideally, a bounce ……..

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View Previous Fresnillo & Big Picture ***


LSE:KAZ Kaz Minerals Close Mid-Price: 852 Percentage Change: -6.80% Day High: 893.8 Day Low: 844.2

2018=7

Target Met. Were it not for the presence of RED at 838 currently, we’d be ……..

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View Previous Kaz Minerals & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 61.53 Percentage Change: -0.06% Day High: 61.72 Day Low: 60.5

2018=23

Now below 60.5 and we’re remain looking at 59.5p with some bounce potentia ……..

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View Previous Lloyds Grp. & Big Picture ***


LSE:RBSLSE:RBS Royal Bank Scot. Close Mid-Price: 257.7 Percentage Change: + 1.26% Day High: 258.6 Day Low: 251.1

2018=7

Below 251 remains suggesting travel down toward 240p with some bounce pote ……..

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View Previous Royal Bank Scot & Big Picture ***


LSE:RTHM Rythm One Close Mid-Price: 182 Percentage Change: -5.21% Day High: 189 Day Low: 177

2018=12

Continued weakness below 177 remains with the suggestion of 171 initially ……..

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View Previous Rythm One & Big Picture ***


LSE:VED Vedanta Close Mid-Price: 661.4 Percentage Change: -4.50% Day High: 685 Day Low: 656.8

2018=14

Weakness below 656 still confirms this on a cycle toward 618 next with sec ……..

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View Previous Vedanta & Big Picture ***


LSE:VODLSE:VOD Vodafone. Close Mid-Price: 185.84 Percentage Change: + 0.40% Day High: 186.46 Day Low: 182.82

2018=18

Weakness now below 182 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:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:CBUY Cloudbuy** **LSE:CEY Centamin** **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:IAG British Airways** **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:OXIG Oxford Instruments** **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: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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