#ZANAGA IRON (LSE:ZIOC) Free #CAC40 & #DOW too. When we’re asked about shares, we try to remain optimistic as often, the person asking the question will be privy to some fundamental information at best, internet discussion gossip at worst, but either case gives the trader a clue as to anything capable of provoking a change in impetus.
Unfortunately, Zanaga is a share we find it difficult to be optimistic about.
Regular readers will be aware of the respect we pay to Higher Highs and Lower Lows. Zanage unfortunately has shuffled into the latter region, now residing in a zone where weakness below 9.5p looks capable of reversal to an initial 7p. We’d hope for some sort of bounce at the 7p level as the implications, with moves below, is of continued longer term traffic down to 1p. We cannot calculate below such a point.
Currently trading around the 10p mark, it requires to exceed 13.35p (BLUE) to escape this dismal outlook as such growth looks capable of an initial 16p. If bettered, secondary calculates at 18.5p and at this point, we’d require revisit the tea leaves due to strong longer term potentials.
Unfortunately, for now it feels like 7p is exerting an attraction.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
10:29:30PM |
BRENT |
77.79 |
||||||||||
|
10:31:19PM |
GOLD |
1253.28 |
Success |
|||||||||
|
10:36:10PM |
FTSE |
7578 |
Success |
|||||||||
|
10:38:08PM |
FRANCE |
5302.5 |
5276 |
5256 |
5229 |
5309 |
5337 |
5351 |
5388 |
5309 |
Success |
|
|
10:43:05PM |
GERMANY |
12312 |
‘cess |
|||||||||
|
10:44:30PM |
US500 |
2711.82 |
‘cess |
|||||||||
|
10:46:36PM |
DOW |
24182.7 |
24142 |
24039 |
23896 |
24385 |
24404 |
24471.5 |
24581 |
24291 |
Success |
|
|
10:48:45PM |
NASDAQ |
7003.77 |
‘cess |
|||||||||
|
10:54:21PM |
JAPAN |
21711 |
Success |
3/07/2018 FTSE Closed at 7593 points. Change of 0.61%. Total value traded through LSE was: £ 7,383,714,945 a change of 16.1%
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% 
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:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:KAZ Kaz Minerals** **LSE:NG. National Glug** **LSE:RBS Royal Bank Scot** **LSE:TW. Taylor Wimpey** **LSE:VED Vedanta** **
********
Updated charts published on : Aviva, Barrett Devs, British Telecom, Empyrean, Fresnillo, Glencore Xstra, Kaz Minerals, National Glug, Royal Bank Scot, Taylor Wimpey, Vedanta,
LSE:AV.LSE:AV. Aviva. Close Mid-Price: 498.9 Percentage Change: + 0.81% Day High: 501.8 Day Low: 493.2
2018=70
Below 493 remains with the threat of travel down to 484 with secondary at ……..
View Previous Aviva & Big Picture ***
LSE:BDEV Barrett Devs Close Mid-Price: 496.9 Percentage Change: -0.56% Day High: 507 Day Low: 496
2018=12
This is not doing terribly well as weakness below 496 now signals some sor ……..
View Previous Barrett Devs & Big Picture ***
LSE:BT.ALSE:BT.A British Telecom. Close Mid-Price: 223 Percentage Change: + 2.84% Day High: 224.1 Day Low: 216.8
2018=18
Movement now exceeding 225 allows for 236 as the next point of interest. ……..
View Previous British Telecom & Big Picture ***
LSE:EME Empyrean Close Mid-Price: 8.53 Percentage Change: -3.94% Day High: 8.88 Day Low: 8.53
2017=17
Weakness below 8.5 should bring 7.5 and a bounce – ideally. Secondary, if ……..
View Previous Empyrean & Big Picture ***
LSE:FRESLSE:FRES Fresnillo. Close Mid-Price: 1138 Percentage Change: + 2.06% Day High: 1145.5 Day Low: 1105.5
2018=35
Weakness below 1105 indicates travel continuing toward 1018 next. If broke ……..
View Previous Fresnillo & Big Picture ***
LSE:GLEN Glencore Xstra Close Mid-Price: 321 Percentage Change: -8.10% Day High: 357.1 Day Low: 303
2018=23
Target Met. Ouch! Continued weakness below 302 indicates 284 next with sec ……..
View Previous Glencore Xstra & Big Picture ***
LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 828 Percentage Change: + 1.69% Day High: 843.6 Day Low: 805.2
2018=7
Weakness below 805 confirms travel down to an initial 788p. If broken, sec ……..
View Previous Kaz Minerals & Big Picture ***
LSE:NG.LSE:NG. National Glug. Close Mid-Price: 857.8 Percentage Change: + 1.90% Day High: 857.6 Day Low: 842.3
2018=14
This appears to be now looking for some near term miracles as above 858 in ……..
View Previous National Glug & Big Picture ***
LSE:RBS Royal Bank Scot Close Mid-Price: 249.2 Percentage Change: -1.31% Day High: 253 Day Low: 248.7
2018=7
Below 248 remains suggesting travel down toward 240p with some bounce pote ……..
View Previous Royal Bank Scot & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 174.9 Percentage Change: -0.14% Day High: 176.95 Day Low: 174.5
2018=23
Continued traffic below 174.5 remains indicative of weakness to an initial ……..
View Previous Taylor Wimpey & Big Picture ***
LSE:VEDLSE:VED Vedanta. Close Mid-Price: 828.4 Percentage Change: + 1.27% Day High: 839.6 Day Low: 816.4
2018=14
Target Met. In theory (we have doubts) now above 840 should generate traff ……..
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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BPC Bahamas Pet** **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: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:LLOY Lloyds Grp.** **LSE:LMI LonMin** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **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: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:UKOG UK Oils and Gas** **LSE:VEC Vectura** **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.