Trends and Targets for 10/08/2018

ASCENT RES. LSE:ASC #DAX #CAC40 We never start to be amazed at the kindness of the markets. Last time we covered #Ascent, we’d given an ultimate bottom target of 0.9p and since April, the share has mostly stayed around this point, a level we cannot calculate below.

And then, one day, the wolf knocked on the door…

On rather a few occasions, prior to any form of “miracle” recovery, the market opts for a final death plunge. Basically put, this is doubtless designed to scare the pants off private traders, forcing them to panic sell while there is still a chance of getting some money back. We’re left with a suspicion the drop on August 6th was one of these ‘new underpants’ moments as the recovery since has proven fairly interesting. Without doubt, all the folk who bailed as the price approached 0.3p are laughing all the way to the coronary unit.

The situation now is of movement above 0.98 apparently being capable of some recovery to 1.25p. A BLUE downtrend since the start of last year has highlighted a fairly obvious trend and suggests achieving 1.25 shall bonk against this line anytime soon. Only with closure above 1.3 will we dare speculate a longer term cycle toward 2.26p has probably commenced.

One final aspect of BLUE. With closure above this line, calculations which currently give an ultimate drop target prefaced with a minus sign become null and void.

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

9:38:17PM

BRENT

72.07

9:40:26PM

GOLD

1212.35

9:43:52PM

FTSE

7749

9:46:05PM

FRANCE

5498.2

5490

5480

5444

5504

5504

5517

5534

5473

‘cess

9:48:15PM

GERMANY

12675.85

12571

12508.5

12431

12691

12704

12750.5

12776

12654

9:50:45PM

US500

2852.67

9:53:04PM

DOW

25499

9:55:05PM

NASDAQ

7460.12

‘cess

9:57:07PM

JAPAN

22555

‘cess

 

9/08/2018 FTSE Closed at 7741 points. Change of -0.45%. Total value traded through LSE was: £ 5,198,020,570 a change of -5.35%
8/08/2018 FTSE Closed at 7776 points. Change of 0.75%. Total value traded through LSE was: £ 5,491,644,452 a change of -5.04%
7/08/2018 FTSE Closed at 7718 points. Change of 0.72%. Total value traded through LSE was: £ 5,783,256,365 a change of -3.91%
6/08/2018 FTSE Closed at 7663 points. Change of 0.05%. Total value traded through LSE was: £ 6,018,611,086 a change of 89.31%
3/08/2018 FTSE Closed at 7659 points. Change of 1.11%. Total value traded through LSE was: £ 3,179,276,502 a change of -67.69%
2/08/2018 FTSE Closed at 7575 points. Change of -1.01%. Total value traded through LSE was: £ 9,840,475,514 a change of -1.02%
1/08/2018 FTSE Closed at 7652 points. Change of -1.24%. Total value traded through LSE was: £ 9,941,905,370 a change of 85.64%

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:AGM Applied Graph.** **LSE:BDEV Barrett Devs** **LSE:BPC Bahamas Pet** **LSE:POG Petrop etc** **LSE:SBRY Sainsbury** **LSE:TCG Thomas Cook Group** **LSE:TSCO Tesco** **

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Updated charts published on : Applied Graph., Barrett Devs, Bahamas Pet, Petrop etc, Sainsbury, Thomas Cook Group, Tesco,


LSE:AGMLSE:AGM Applied Graph.. Close Mid-Price: 49 Percentage Change: + 8.41% Day High: 49.3 Day Low: 46.5

2018=70

Target Met. Moves now exceeding 50p should bring 59, along with a probable ……..

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View Previous Applied Graph. & Big Picture ***


LSE:BDEV Barrett Devs Close Mid-Price: 543 Percentage Change: -0.73% Day High: 548 Day Low: 535.4

2018=12

Movement now continuing above 548 still indicates coming travel to 577p in ……..

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View Previous Barrett Devs & Big Picture ***


LSE:BPCLSE:BPC Bahamas Pet. Close Mid-Price: 7.15 Percentage Change: + 0.99% Day High: 7.8 Day Low: 6.8

2018=35

Now above 7.8 and the suggestion is of some growth to 8.65 next with secon ……..

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View Previous Bahamas Pet & Big Picture ***


LSE:POG Petrop etc Close Mid-Price: 6.53 Percentage Change: -1.95% Day High: 6.93 Day Low: 6.53

2017=84

This is getting decidedly dodgy as weakness below 6.5 indicates a break of ……..

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View Previous Petrop etc & Big Picture ***


LSE:SBRYLSE:SBRY Sainsbury. Close Mid-Price: 338 Percentage Change: + 0.42% Day High: 338.3 Day Low: 333.4

2018=23

Price growth continuing beyond 339 indicates travel toward 342 next and a ……..

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View Previous Sainsbury & Big Picture ***


LSE:TCGLSE:TCG Thomas Cook Group. Close Mid-Price: 89.7 Percentage Change: + 1.93% Day High: 90.15 Day Low: 85.05

2018=35

TCG appears uncertain as to its intent. Proof of direction is expected, if ……..

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View Previous Thomas Cook Group & Big Picture ***


LSE:TSCOLSE:TSCO Tesco. Close Mid-Price: 265 Percentage Change: + 1.11% Day High: 266.2 Day Low: 262.1

2018=23

Price growth above 267 should still bring growth to 282p next. If bettered ……..

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View Previous Tesco & 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:AMER Amerisur** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CASP Caspian** **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:FOXT Foxtons** **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: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: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:RTHM Rythm One** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SHP Shire** **LSE:STAN Standard Chartered** **LSE:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TLW Tullow** **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** **

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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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