UK Oil & Gas #UKOG #NASDAQ #GOLD Last time we reviewed this lot back in May, criteria were given for a movement to 2.2p, something we regarded as important. The target was achieved at the start of July and now we’re facing a bunch of “what now?” emails.
One interesting facet of the shares price movements comes from the dance being enacted against the GREEN line on the chart. We regard this trend as important, designating the period since the share price was manipulated downward back in October 2017 (circled). There’s a pretty broad hint a further trend has developed, placing the price in a region where movement above 2.65p should now generate some growth to a fairly useless 3p. If exceeded, secondary comes along at 3.6p.
Crucially, despite the visual hint of a glass ceiling forming at 3.6p level, future closure above 3.4p should give the share sufficient impetus for a challenge of the 6p level.
And then, we need review the tea leaves.
The unpleasant – though visually unlikely – alternate remains. If any reason is found to close the price below RED (1p), extreme concern for the future shall be fully justified.
In summary, despite all the lines on the chart, this feels like a share which is awaiting positive sentiment.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
10:48:32PM |
BRENT |
75.46 |
‘cess |
|||||||||
|
10:50:31PM |
GOLD |
1222.38 |
1218 |
1215 |
1211 |
1226 |
1226 |
1227 |
1230 |
1218 |
||
|
10:53:34PM |
FTSE |
7693.6 |
||||||||||
|
10:55:46PM |
FRANCE |
5474.5 |
||||||||||
|
10:58:09PM |
GERMANY |
12792 |
||||||||||
|
11:00:02PM |
US500 |
2805.32 |
||||||||||
|
11:01:49PM |
DOW |
25337 |
‘cess |
|||||||||
|
11:05:45PM |
NASDAQ |
7197.29 |
7156 |
7099 |
7077 |
7240 |
7240 |
7269.75 |
7286 |
7180 |
‘cess |
|
|
11:07:27PM |
JAPAN |
22468 |
‘cess |
30/07/2018 FTSE Closed at 7700 points. Change of -0.01%. Total value traded through LSE was: £ 5,191,373,123 a change of -6.91%
27/07/2018 FTSE Closed at 7701 points. Change of 0.5%. Total value traded through LSE was: £ 5,576,810,683 a change of -9.57%
26/07/2018 FTSE Closed at 7663 points. Change of 0.07%. Total value traded through LSE was: £ 6,167,111,078 a change of 1.99%
25/07/2018 FTSE Closed at 7658 points. Change of -0.66%. Total value traded through LSE was: £ 6,046,971,973 a change of -8.48%
24/07/2018 FTSE Closed at 7709 points. Change of 0.71%. Total value traded through LSE was: £ 6,607,606,745 a change of 36.7%
23/07/2018 FTSE Closed at 7655 points. Change of -0.3%. Total value traded through LSE was: £ 4,833,553,865 a change of -19.07%
20/07/2018 FTSE Closed at 7678 points. Change of -0.08%. Total value traded through LSE was: £ 5,972,757,582 a change of -5.7% 
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:CASP Caspian** **LSE:FOXT Foxtons** **LSE:IPF International Personal Finance** **LSE:LMI LonMin** **LSE:NIPT Premaltha** **LSE:RED REDT** **LSE:SXX Sirius Mins** **LSE:TCG Thomas Cook Group** **LSE:TLW Tullow** **LSE:VOD Vodafone** **
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Updated charts published on : Caspian, Foxtons, International Personal Finance, LonMin, Premaltha, REDT, Sirius Mins, Thomas Cook Group, Tullow, Vodafone,
LSE:CASPLSE:CASP Caspian. Close Mid-Price: 11 Percentage Change: + 2.33% Day High: 11.2 Day Low: 10.75
2018=35
Target Met. Now above 11.3 suggests 12.9 next, along with the promise of a ……..
View Previous Caspian & Big Picture ***
LSE:FOXTLSE:FOXT Foxtons. Close Mid-Price: 52 Percentage Change: + 9.24% Day High: 53.5 Day Low: 48.8
2018=35
Nice to see some rules respected! Now above 54p and we still can calculate ……..
View Previous Foxtons & Big Picture ***
LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 241.8 Percentage Change: + 0.50% Day High: 250 Day Low: 241
2018=18
Target Met. That was reasonably quick and now above 250 suggests near term ……..
View Previous International Personal Finance & Big Picture ***
LSE:LMILSE:LMI LonMin. Close Mid-Price: 39.6 Percentage Change: + 1.64% Day High: 42.22 Day Low: 37.58
2018=70
The scenario remains of growth bettering 43 supposed to challenge an initi ……..
View Previous LonMin & Big Picture ***
LSE:NIPTLSE:NIPT Premaltha. Close Mid-Price: 8.9 Percentage Change: + 0.56% Day High: 9.1 Day Low: 8.8
2017=126
With movement now above 9.1p, this still entertains the possibility of 12. ……..
View Previous Premaltha & Big Picture ***
LSE:REDLSE:RED REDT. Close Mid-Price: 7.65 Percentage Change: + 0.66% Day High: 8.55 Day Low: 7.6
2018=23
It still appears movements above 8.6 indicate recovery to 9.2p next. If be ……..
View Previous REDT & Big Picture ***
LSE:SXXLSE:SXX Sirius Mins. Close Mid-Price: 35.66 Percentage Change: + 1.89% Day High: 36.32 Day Low: 34.7
2018=23
Target Met. That took its sweet time! We’re tempted to abandon common sens ……..
View Previous Sirius Mins & Big Picture ***
LSE:TCGLSE:TCG Thomas Cook Group. Close Mid-Price: 96.85 Percentage Change: + 7.19% Day High: 97.7 Day Low: 90.4
2018=35
Target met. As suspected and hoped, this achieved a bounce before 83 was a ……..
View Previous Thomas Cook Group & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 225.1 Percentage Change: -0.44% Day High: 228 Day Low: 223.2
2018=10
Growth capable of exceeding 228 remains with the suggestion of 230p next a ……..
View Previous Tullow & Big Picture ***
LSE:VODLSE:VOD Vodafone. Close Mid-Price: 186.5 Percentage Change: + 3.61% Day High: 187.42 Day Low: 178.7
2018=18
Movement now continuing above 189 should attempt an initial 194p with sec ……..
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: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:CBUY Cloudbuy** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **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:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:MOS Mobile Streams** **LSE:NG. National Glug** **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: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:TAN Tanfield** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **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!
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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.