Trends and Targets for 16/08/2018

Gannet (NYSE:GCI #DAX #DOW) Our fascination with the print media is probably a bit unhealthy. But given the demise of “Good Old Yellow Pages” at the alter of the internet, #Gannet who own vast numbers of print titles worldwide, appear worth a glance.

Or perhaps, glance away now…

After all, Johnston Press, publishers of the often perceived anti-Scottish newspaper (The Scotsman) continue to bottom feed the depths of share price misery, despite tales of a buyer. Gannet however are not quite at this level of distress, though there’s a fair argument suggesting some further weakness lies ahead.

The immediate situation does not sound terribly threatening with movement below 9.70 threatening a trip back to the archives of 8.82. At this point, price movements become decidedly risky as the share will be seen to break the immediate uptrend. Worse, we calculate the next drop target should 8.82 break as being 5.92. Visually, we would hope for a bounce at the 5.92 level. The suggestion, should such a point break, allows for the price to half yet again!

However, the share doesn’t actually need do much to escape this doom. At present, they are trading around the 10.24 mark and need only exceed 11.10 to better the immediate downtrend, launching into a region with an initial hope of 11.96. And better still, we’re calculating 14.20 as possible if such a point exceeded.

For now though, we rather suspect it intends to eventually sniff around the 5.92 point and hopefully perform some sort of bounce.

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

10:45:14PM

BRENT

70.95

Success

10:48:01PM

GOLD

1175.51

Success

11:04:45PM

FTSE

7497.5

Success

11:07:06PM

FRANCE

5303.5

Success

11:14:10PM

GERMANY

12189

12107

12048

11881

12366

12196

12255

12296

12150

‘cess

11:20:41PM

NASDAQ

7366.5

Success

11:23:03PM

US500

2820.17

Success

11:25:54PM

DOW

25185.3

24972

24866

24592

25188

25220

25331.75

25384

25095

Success

11:28:20PM

JAPAN

22009

15/08/2018 FTSE Closed at 7497 points. Change of -1.5%. Total value traded through LSE was: £ 6,668,537,339 a change of 18.15%
14/08/2018 FTSE Closed at 7611 points. Change of -0.41%. Total value traded through LSE was: £ 5,644,123,716 a change of 21.53%
13/08/2018 FTSE Closed at 7642 points. Change of -0.33%. Total value traded through LSE was: £ 4,644,175,815 a change of -12.56%
10/08/2018 FTSE Closed at 7667 points. Change of -0.96%. Total value traded through LSE was: £ 5,311,037,680 a change of 2.17%
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%

 

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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CEY Centamin** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:IPF International Personal Finance** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:RBS Royal Bank Scot** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **LSE:VED Vedanta** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Centamin, Fresnillo, Genel, Glencore Xstra, Hikma, International Personal Finance, Kaz Minerals, Lloyds Grp., Premier, Petrop etc, Royal Bank Scot, Standard Chartered, Tullow, Vedanta,


LSE:BARC Barclays Close Mid-Price: 179.8 Percentage Change: -2.26% Day High: 185.26 Day Low: 179.24

2018=12

Target Met. Ongoing weakness below 179 remains indicating relaxation to a ……..

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View Previous Barclays & Big Picture ***


LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 292.7 Percentage Change: + 0.83% Day High: 301.7 Day Low: 289

2018=9

Target Met. Further moves above 302 still come with the suggestion of 311 ……..

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View Previous BALFOUR BEATTY & Big Picture ***


LSE:CEY Centamin Close Mid-Price: 105.5 Percentage Change: -5.21% Day High: 111 Day Low: 104.45

2018=35

It is still the case that 104 makes a trip to 96p a pretty certain concep ……..

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View Previous Centamin & Big Picture ***


LSE:FRES Fresnillo Close Mid-Price: 897 Percentage Change: -7.79% Day High: 971.2 Day Low: 890.2

2018=35

Weakness now below 890 makes a track down to 764 pretty certain. If broken ……..

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View Previous Fresnillo & Big Picture ***


LSE:GENL Genel Close Mid-Price: 240 Percentage Change: -8.92% Day High: 266 Day Low: 237

2018=10

Not only has this failed to reach upward triggers, it appears to be fallin ……..

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View Previous Genel & Big Picture ***


LSE:GLEN Glencore Xstra Close Mid-Price: 298.5 Percentage Change: -5.66% Day High: 316.7 Day Low: 297.55

2018=23

Target Met. Any rebound needs exceed 306 to make it potentially real as th ……..

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View Previous Glencore Xstra & Big Picture ***


LSE:HIKLSE:HIK Hikma. Close Mid-Price: 1745 Percentage Change: + 5.95% Day High: 1818 Day Low: 1715.5

2018=14

Target Met. Despite its flamboyant leap, we still suspect the share shall ……..

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View Previous Hikma & Big Picture ***


LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 236.4 Percentage Change: + 0.08% Day High: 242.8 Day Low: 233.2

2018=18

Anything continuing above 243 should provide a visit to an initial 247p. A ……..

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View Previous International Personal Finance & Big Picture ***


LSE:KAZ Kaz Minerals Close Mid-Price: 547.4 Percentage Change: -10.64% Day High: 604 Day Low: 546.2

2018=7

This is really not good. Share price moves now below 546 indicate weakness ……..

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View Previous Kaz Minerals & Big Picture ***


LSE:LLOY Lloyds Grp. Close Mid-Price: 60.47 Percentage Change: -0.84% Day High: 61 Day Low: 60.13

2018=23

Target Met. Ongoing dribbles below 60p remain pointing at 58.4p with some ……..

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View Previous Lloyds Grp. & Big Picture ***


LSE:PMO Premier Close Mid-Price: 108.6 Percentage Change: -8.12% Day High: 119 Day Low: 108

2018=12

It appears weakness now below 108 should anticipate a bounce at the 101p l ……..

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View Previous Premier & Big Picture ***


LSE:POG Petrop etc Close Mid-Price: 6.41 Percentage Change: -3.39% Day High: 6.67 Day Low: 6.31

2017=84

Weakness below 6.3 indicates a break of a major trend, along with travel d ……..

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View Previous Petrop etc & Big Picture ***


LSE:RBS Royal Bank Scot Close Mid-Price: 239.6 Percentage Change: -1.07% Day High: 245.2 Day Low: 238.4

2018=7

Below 238p and a visit to party central of 231p still feels viable. While ……..

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View Previous Royal Bank Scot & Big Picture ***


LSE:STAN Standard Chartered Close Mid-Price: 646.7 Percentage Change: -2.46% Day High: 663.9 Day Low: 642.9

2018=12

Ongoing weakness below 642 remains with the suggestion of travel to 628 in ……..

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View Previous Standard Chartered & Big Picture ***


LSE:TLW Tullow Close Mid-Price: 213.4 Percentage Change: -5.41% Day High: 226.3 Day Low: 211.9

2018=10

This lot are behaving like a haggis with a sore leg. Now below 211 and it ……..

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View Previous Tullow & Big Picture ***


LSE:VEDLSE:VED Vedanta. Close Mid-Price: 846.6 Percentage Change: + 0.55% Day High: 848.8 Day Low: 842.6

2018=14

Share price growth above 849 should generate traffic to 900 next. If excee ……..

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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:AV. Aviva** **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:CPI Capita** **LSE:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **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: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: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:SUMM Summit** **LSE:SXX Sirius Mins** **LSE:TAN Tanfield** **LSE:TCG Thomas Cook Group** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:UKOG UK Oils and Gas** **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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