Trends and Targets for 19/07/2018

@OdysseyMarine Exploration (NASDAQ:OMEX) #DAX #NASDAQ 17 tons of Gold & Silver Stolen! What happened next will shock you. A Spanish government, too indifferent to search for a 200 year old wreck, took Odyssey to task and stole

(some say) the results of their research and hard work. And yet, still trading, is surely some sort of credit to Odyssey. The saga certainly provided compulsive viewing and also gave us an excuse to use a clickbait headline.

Whatever Odyssey are now up to appears to have piqued some interest in the marketplace as their share price has been forced upward on several occasions, since their Spanish Inquisition event. The entire episode tended prove the notion of it not being worth fighting “city hall!”

Currently trading around 7.935, we shall be curious should anything now start them trading above 8.5 as this is very liable to force another upward cycle. In the case of Odyssey, the implication is of future growth to 11.8 initially. At this point, things get a bit mushy thanks to the gaps in logical price movements but we’ve a vague suspicion from such a level it risks being once again manipulated upward to the 14.8 level. We can calculate beyond such a level but for the moment, the sanest suspicion feels like the market intends 14.8 as the next major point of interest.

Obviously, given their catastrophic history of success and disaster, some research is warranted. The one thing visually in their favour is a track record of not giving up, doubtless with quite a lot of knowledge about the ocean floor.

We’ve painted a RED line across the bottom of the chart. Anything now capable of driving the share price below 4 is liable to be extremely dangerous with 2.3 initially and secondary, if broken, rather far down at 0.20 – at best!

In summary, it’s a bit of a whimsical share to write about, prompted only by curiosity as to “what happened next”. We were surprised at them still being traded and also, the two circled areas as it appears the US Market has a cunning plan for their future.

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

10:09:08PM

BRENT

73.06

Shambles

10:11:08PM

GOLD

1227.8

‘cess

10:12:42PM

FTSE

7674.13

10:16:17PM

FRANCE

5442

‘cess

10:19:12PM

GERMANY

12754

12683

12657

12616

12740

12780

12818.5

12880

12699

‘cess

10:23:07PM

US500

2813.77

‘cess

10:25:46PM

DOW

25172.8

‘cess

10:28:31PM

NASDAQ

7383.74

7356

7339

7312

7403

7409

7430.5

7452

7379

10:32:15PM

JAPAN

22858

‘cess

 

18/07/2018 FTSE Closed at 7676 points. Change of 0.66%. Total value traded through LSE was: £ 5,872,564,247 a change of -0.15%
17/07/2018 FTSE Closed at 7626 points. Change of 0.34%. Total value traded through LSE was: £ 5,881,481,055 a change of 19.07%
16/07/2018 FTSE Closed at 7600 points. Change of -0.8%. Total value traded through LSE was: £ 4,939,520,492 a change of -7.42%
13/07/2018 FTSE Closed at 7661 points. Change of 0.09%. Total value traded through LSE was: £ 5,335,259,467 a change of -14.51%
12/07/2018 FTSE Closed at 7654 points. Change of 0.83%. Total value traded through LSE was: £ 6,240,611,480 a change of -2.23%
11/07/2018 FTSE Closed at 7591 points. Change of -1.31%. Total value traded through LSE was: £ 6,383,168,183 a change of 6.72%
10/07/2018 FTSE Closed at 7692 points. Change of 0.05%. Total value traded through LSE was: £ 5,981,269,158 a change of 5.33%

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:DGE Diageo** **LSE:HL. Hargreaves Lansdown** **LSE:QFI Quadrise** **LSE:RBS Royal Bank Scot** **LSE:RMG Royal Male** **LSE:RTHM Rythm One** **LSE:SHP Shire** **LSE:UKOG UK Oils and Gas** **

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Updated charts published on : Diageo, Hargreaves Lansdown, Quadrise, Royal Bank Scot, Royal Male, Rythm One, Shire, UK Oils and Gas,


LSE:DGELSE:DGE Diageo. Close Mid-Price: 2838.5 Percentage Change: + 0.94% Day High: 2863 Day Low: 2825

2018=35

Target Met. Now above 2863 and a cycle toward 2917p looks viable. Secondar ……..

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View Previous Diageo & Big Picture ***


LSE:HL.LSE:HL. Hargreaves Lansdown. Close Mid-Price: 2110 Percentage Change: + 3.18% Day High: 2107 Day Low: 2051

2018=18

The situation now is of growth bettering 2107 entering a cycle to 2148p ne ……..

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View Previous Hargreaves Lansdown & Big Picture ***


LSE:QFILSE:QFI Quadrise. Close Mid-Price: 3.6 Percentage Change: + 5.26% Day High: 4.1 Day Low: 3.65

2018=10

In an early sign of “maybe”, it appears moves now exceeding 4.1p should ta ……..

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View Previous Quadrise & Big Picture ***


LSE:RBSLSE:RBS Royal Bank Scot. Close Mid-Price: 244.9 Percentage Change: + 0.41% Day High: 245.1 Day Low: 242.6

2018=7

The scenario (expectation) remains of below 240 leading to 231p and hopefu ……..

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View Previous Royal Bank Scot & Big Picture ***


LSE:RMG Royal Male Close Mid-Price: 467.5 Percentage Change: -4.49% Day High: 491.9 Day Low: 456.6

2018=23

Target Met. This isn’t terribly encouraging as below 456 now points at 447 ……..

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View Previous Royal Male & Big Picture ***


LSE:RTHMLSE:RTHM Rythm One. Close Mid-Price: 228 Percentage Change: + 2.70% Day High: 244 Day Low: 220

2018=12

Target Met. It appears almost certain movement now above 244 risks some st ……..

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View Previous Rythm One & Big Picture ***


LSE:SHPLSE:SHP Shire. Close Mid-Price: 4404 Percentage Change: + 0.86% Day High: 4409.5 Day Low: 4358

2018=14

Target met or near enough as moves now bettering 4417 affirm this on a pat ……..

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View Previous Shire & Big Picture ***


LSE:UKOG UK Oils and Gas Close Mid-Price: 2.49 Percentage Change: -1.39% Day High: 2.7 Day Low: 2.38

2018=35

This still appears to be useful as above 2.7 remains suggesting some growt ……..

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View Previous UK Oils and Gas & 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: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:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **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: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:RED REDT** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **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:VEC Vectura** **LSE:VED Vedanta** **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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