Trends and Targets for 3/07/2018

#GREATLAND (LSE:GGP) Recent price movements with this lot have been reflected in a number of plaintive emails, asking our opinion on where it’s going. The answer is proving a bit of a puzzle to ascertain but there is one signal we’re quite keen on witnessing.

Currently the share is trading around 1.97p mid price and from our perspective, it needs actually close a session above 2.33p before we dare assume price attractions are coming from the period from 2011. This is actually a little irritating in many respects as already, the share has ticked just about every box to reach 2.8p, its only restraint proving to be the downtrend which dates to 2011.

We are starting to develop a sneaking notion other people are capable of drawing straight lines!

However, given the visual clarity which has developed against BLUE, it would be fair to believe a future break above this trend should indeed generate an initial 2.8 with secondary, if bettered, at 3.5p.

There is something distinctly fishy about our 2.33p notion. This is an arithmetical calculation which very surprisingly is almost exactly the point of the long term BLUE downtrend at present. The number is quite critical for another reason, simply due to if it being bettered an entirely new set of calculations becomes necessary.

If looking for danger, RED along the bottom of the chart tells its own story. Below 0.6p and the price risks melting away. For now though, we’re showing a requirement for the price of GOLD to experience a near term bounce, so perhaps hope is allowed.

Chart goes here

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

11:29:07PM

BRENT

77.41

11:39:24PM

GOLD

1242.38

1239

1234

1197

1252

1246

1251

1256

1239

11:41:33PM

FTSE

7572.02

Success

11:43:17PM

FRANCE

5295.2

Success

11:46:16PM

GERMANY

12299

‘cess

11:47:38PM

US500

2724.67

Success

11:50:10PM

DOW

24304

Success

11:52:37PM

NASDAQ

7090.74

6965

6943

6812

7052

7100

7118

7169

7044

‘cess

11:57:06PM

JAPAN

21869

Success

2/07/2018 FTSE Closed at 7547 points. Change of -1.17%. Total value traded through LSE was: £ 6,359,923,208 a change of -9.62%
29/06/2018 FTSE Closed at 7636 points. Change of 0.28%. Total value traded through LSE was: £ 7,037,137,894 a change of 9.52%
28/06/2018 FTSE Closed at 7615 points. Change of -0.08%. Total value traded through LSE was: £ 6,425,539,436 a change of -12.36%
27/06/2018 FTSE Closed at 7621 points. Change of 1.11%. Total value traded through LSE was: £ 7,331,631,797 a change of 15.83%
26/06/2018 FTSE Closed at 7537 points. Change of 0.37%. Total value traded through LSE was: £ 6,329,823,692 a change of 4.95%
25/06/2018 FTSE Closed at 7509 points. Change of -2.25%. Total value traded through LSE was: £ 6,031,040,113 a change of 0%
22/06/2018 FTSE Closed at 7682 points. Change of 1.67%. Total value traded through LSE was: £ 0 a change of 0%

 

 

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:AV. Aviva** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:DGE Diageo** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:RTHM Rythm One** **LSE:STAN Standard Chartered** **LSE:TCG Thomas Cook Group** **LSE:UKOG UK Oils and Gas** **LSE:VED Vedanta** **

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Updated charts published on : Aviva, Barclays, Barrett Devs, Carclo, Diageo, Fresnillo, Genel, Glencore Xstra, Rythm One, Standard Chartered, Thomas Cook Group, UK Oils and Gas, Vedanta,


LSE:AV. Aviva Close Mid-Price: 494.9 Percentage Change: -1.81% Day High: 501 Day Low: 495.1

2018=70

Below 495 remains with the threat of travel down to 484 with secondary at ……..

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View Previous Aviva & Big Picture ***


LSE:BARC Barclays Close Mid-Price: 185.4 Percentage Change: -1.90% Day High: 187.58 Day Low: 184.92

2018=12

Target Met. Now below 184p and travel toward 174 makes sense, a point wher ……..

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View Previous Barclays & Big Picture ***


LSE:BDEV Barrett Devs Close Mid-Price: 499.7 Percentage Change: -3.05% Day High: 513 Day Low: 501

2018=12

Target Met. This is not doing terribly well as weakness below 501 now sign ……..

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View Previous Barrett Devs & Big Picture ***


LSE:CARLSE:CAR Carclo. Close Mid-Price: 104.5 Percentage Change: + 29.33% Day High: 110 Day Low: 89

2018=70

Target Met. This appears to be getting interesting as moves now above 110 ……..

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View Previous Carclo & Big Picture ***


LSE:DGE Diageo Close Mid-Price: 2705 Percentage Change: -0.62% Day High: 2718.5 Day Low: 2690.5

2018=35

This is playing with fire as, while it did not close below 2701, it feels ……..

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View Previous Diageo & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 1115 Percentage Change: -2.49% Day High: 1135.5 Day Low: 1115

2018=35

Target Met. This is now at the point where a bounce would be ideal as weak ……..

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View Previous Fresnillo & Big Picture ***


LSE:GENL Genel Close Mid-Price: 253.5 Percentage Change: -6.63% Day High: 275 Day Low: 252

2018=10

This is feeling dodgy as below 252 indicates 230 next with secondary, when ……..

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View Previous Genel & Big Picture ***


LSE:GLEN Glencore Xstra Close Mid-Price: 349.3 Percentage Change: -3.51% Day High: 358 Day Low: 348.95

2018=23

Further weakness now below 348 indicates reversal to an initial 330 and ho ……..

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View Previous Glencore Xstra & Big Picture ***


LSE:RTHM Rythm One Close Mid-Price: 166 Percentage Change: -2.35% Day High: 170 Day Low: 162

2018=12

Continued travel breaking below 162 remains with the potential of 145 ini ……..

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View Previous Rythm One & Big Picture ***


LSE:STAN Standard Chartered Close Mid-Price: 687.5 Percentage Change: -0.74% Day High: 689.3 Day Low: 676.8

2018=12

Continued traffic below 676 still allows for movement down to 668 next wit ……..

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View Previous Standard Chartered & Big Picture ***


LSE:TCG Thomas Cook Group Close Mid-Price: 105.2 Percentage Change: -2.32% Day High: 106.8 Day Low: 104.6

2018=35

Weakness continuing below 104 lights a flamethrower on a path to 100 next ……..

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View Previous Thomas Cook Group & Big Picture ***


LSE:UKOGLSE:UKOG UK Oils and Gas. Close Mid-Price: 2.3 Percentage Change: + 9.00% Day High: 2.92 Day Low: 2.2

2018=35

Target Met. This now needs closure above 2.35 to confirm a path to 3.52 ne ……..

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View Previous UK Oils and Gas & Big Picture ***


LSE:VEDLSE:VED Vedanta. Close Mid-Price: 818 Percentage Change: + 26.47% Day High: 828.8 Day Low: 813.8

2018=14

Target Met. This appears to be experiencing a miracle of sorts though, to ……..

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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: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:CPI Capita** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **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: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:RMG Royal Male** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **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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