Trends and Targets for 21/06/2018

TERN (LSE:TERN) It would be correct to say we’ve received rather a few emails since our report on TERN published on the 11th June. Yes, it achieved our 40.75, exceeded it, and yes it gained our 54p. Also yes, it closed above 40.75p which allegedly makes the future safe!

But we’re feeling extremely cautious, due to price movements since our secondary target success. The blooming share price is behaving almost as if it does not wish to rise which seems a tad unfair, due to prior exuberance which conformed rather nicely with our calculations. Obviously, it also confirmed our grasp of timeframes remains tenuous at best, making us wish every report blossomed with similar speed!

To get the positive news out of the way first, price movements served to indicate future growth above 57p should now prove capable of a an initial 63p with secondary a presumably distant 81p. In fact, closure above 63p will tend suggest this has the potential of doubling in price.

However, we remain unhappy with price movements since the 13th June and suspect the market plans give investors a run around the block prior to anything positive. The immediate situation is of weakness below 29.5p pointing at travel to 27p and ideally a bounce. Any bounce capable of bettering 40.25p will be deemed significant, allowing near term travel to continue toward 48p. Above this point, we shall be inclined to believe bottom is “in” with a reasonable anticipation of 63p making a guest appearance.

The issue which arises comes if 27p breaks as it’s easy to speculate on continued weakness toward  20p. And if that breaks, we get to mention 7.5p which turns June’s acrobatics into a “pump & dump”.

For now, our suspicion is the market intends a bounce at the 27p level.

Lucky white heather, anyone?

Chart goes here

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…

Seven days of stats:
20/06/2018 FTSE Closed at 7627 points. Change of 0.32%. Total value traded through LSE was: £ 7,069,313,880 a change of -2.71%
19/06/2018 FTSE Closed at 7603 points. Change of -0.37%. Total value traded through LSE was: £ 7,266,497,554 a change of 32.03%
18/06/2018 FTSE Closed at 7631 points. Change of -0.03%. Total value traded through LSE was: £ 5,503,551,631 a change of -58.08%
15/06/2018 FTSE Closed at 7633 points. Change of -1.7%. Total value traded through LSE was: £ 13,127,209,955 a change of 34.8%
14/06/2018 FTSE Closed at 7765 points. Change of 0.8%. Total value traded through LSE was: £ 9,738,026,893 a change of 39.41%
13/06/2018 FTSE Closed at 7703 points. Change of 0%. Total value traded through LSE was: £ 6,985,003,306 a change of 8.79%
12/06/2018 FTSE Closed at 7703 points. Change of -0.44%. Total value traded through LSE was: £ 6,420,740,881 a change of 3.77%

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:26:51PM

BRENT

73.89

10:28:48PM

GOLD

1268.16

‘cess

10:32:35PM

FTSE

7642.84

‘cess

10:37:01PM

FRANCE

5382.2

10:43:17PM

GERMANY

12702

12667

12508

12429

12768

12767

12812

12887

12667

Shambles

10:46:00PM

US500

2767.92

2753

2751

2743

2767

2793

2827

2864

2743

10:48:57PM

DOW

24676

10:52:32PM

NASDAQ

7289.37

Success

10:56:19PM

JAPAN

22486

Success

 


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:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:RMG Royal Male** **

********

Updated charts published on : Barrett Devs, Carclo, Capita, EasyJet, Foxtons, Hargreaves Lansdown, British Airways, Royal Male,


LSE:BDEV Barrett Devs Close Mid-Price: 538 Percentage Change: -1.54% Day High: 551.6 Day Low: 532.8

2018=12

This is not great as the price closed in dodgy territory. Continued traffi ……..

Subscribe for more

View Previous Barrett Devs & Big Picture ***


LSE:CAR Carclo Close Mid-Price: 78.2 Percentage Change: -1.51% Day High: 81 Day Low: 74

2018=70

Target Met. Ongoing weakness continuing below 74p now indicates 65 next wi ……..

Subscribe for more

View Previous Carclo & Big Picture ***


LSE:CPI Capita Close Mid-Price: 162 Percentage Change: -1.19% Day High: 166.95 Day Low: 159.4

Movements exceeding 167p confirm a phase to 174.5 next. If bettered, secon ……..

Subscribe for more

View Previous Capita & Big Picture ***


LSE:EZJLSE:EZJ EasyJet. Close Mid-Price: 1796 Percentage Change: + 1.47% Day High: 1808.5 Day Low: 1755

2018=35

It’s now the case of movement exceeding 1809 indicating further growth com ……..

Subscribe for more

View Previous EasyJet & Big Picture ***


LSE:FOXT Foxtons Close Mid-Price: 58.7 Percentage Change: -3.93% Day High: 60.9 Day Low: 57.8

2018=35

Target Met. Now below 57 and travel downward to an initial 50p remains ext ……..

Subscribe for more

View Previous Foxtons & Big Picture ***


LSE:HL. Hargreaves Lansdown Close Mid-Price: 1983 Percentage Change: -1.49% Day High: 2010 Day Low: 1960

2018=18

By slithering below the uptrend since April, this has moved into a region ……..

Subscribe for more

View Previous Hargreaves Lansdown & Big Picture ***


LSE:IAGLSE:IAG British Airways. Close Mid-Price: 723.6 Percentage Change: + 0.86% Day High: 726.8 Day Low: 719.4

2018=70

Movements now above 727 indicate some travel to an initial 734p with secon ……..

Subscribe for more

View Previous British Airways & Big Picture ***


LSE:RMG Royal Male Close Mid-Price: 498.7 Percentage Change: -2.67% Day High: 515.8 Day Low: 499.4

2018=23

This appears to be paying the price for an opening second spile to nearly ……..

Subscribe for more

View Previous Royal Male & 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:BBY BALFOUR BEATTY** **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:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **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: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: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:RBS Royal Bank Scot** **LSE:RED REDT** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:RTHM Rythm One** **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:VOD Vodafone** **LSE:VOG VICTORIA** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **

********


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.

 

This post has already been read 143 times!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.