Trends and Targets for 29/08/2018

#GULF MARINE LSE:GMS #NASDAQ #CAC40 Inspired by the ongoing European water ski championships literally happening outside our office windows, we looked for some maritime biased share to comment on. Oddly, it was quite hard to find one to be positive about!

Thankfully, GULF MARINE stepped forward with some positive potentials as it appears the share price has bounced just before a visit to Davy Jones locker. The problem we have is of any movement below 29p entering a region where a bottom price cannot be logically calculated. But for now, some hope seems possible.

In the event of the share price now exceeding 50p, it appears a growth cycle to what looks like a near term 61p should prove viable. Perhaps more interesting is the longer term prospect at 78p but there’s a fairly key issue with such an ambition. Visually, both 61p and 78p appear preloaded with ample excuses for some hesitation but with closure above 75p, we shall regard this price as entering an entirely new phase for the longer term.

Given it’s currently trading around the 42p mark, it appears one worthwhile keeping an eye on in the next while. As long as they don’t attempt tow a water skier behind one of their mammoth vessels…

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

10:36:51PM

BRENT

76.2

76.02

‘cess

10:38:33PM

GOLD

1201.59

1199

Shambles

10:40:58PM

FTSE

7619.31

7560

Success

10:43:02PM

FRANCE

5490.5

5474

5460

5444

5505

5508

5540.75

5578

5444

‘cess

10:44:39PM

GERMANY

12539

12510

‘cess

10:46:37PM

US500

2898.82

2880

10:49:48PM

DOW

26069.8

25925

11:34:29PM

NASDAQ

7572

7555

7547

7533

7580

7583

7592.5

7605

7560

11:36:13PM

JAPAN

22811

22780

28/08/2018 FTSE Closed at 7617 points. Change of 0.53%. Total value traded through LSE was: £ 7,529,661,342 a change of 30.8%
24/08/2018 FTSE Closed at 7577 points. Change of 0.19%. Total value traded through LSE was: £ 5,756,795,130 a change of -17.36%
23/08/2018 FTSE Closed at 7563 points. Change of -0.15%. Total value traded through LSE was: £ 6,966,445,199 a change of -4.37%
22/08/2018 FTSE Closed at 7574 points. Change of 0.12%. Total value traded through LSE was: £ 7,284,592,540 a change of 12.38%
21/08/2018 FTSE Closed at 7565 points. Change of -0.34%. Total value traded through LSE was: £ 6,482,287,728 a change of 32.74%
20/08/2018 FTSE Closed at 7591 points. Change of 0.44%. Total value traded through LSE was: £ 4,883,481,928 a change of -2.25%
17/08/2018 FTSE Closed at 7558 points. Change of -100%. Total value traded through LSE was: £ 4,995,924,570 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:AFC AFC Energy** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:IHG Intercontinental Hotels Group** **LSE:KAZ Kaz Minerals** **LSE:QFI Quadrise** **LSE:SHP Shire** **LSE:VOG VICTORIA** **

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Updated charts published on : AFC Energy, Genel, Glencore Xstra, Intercontinental Hotels Group, Kaz Minerals, Quadrise, Shire, VICTORIA,


LSE:AFC AFC Energy Close Mid-Price: 7.85 Percentage Change: -7.54% Day High: 8.38 Day Low: 8

2018=70

Despite not trading below 8p during the session, the market opted to close ……..

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View Previous AFC Energy & Big Picture ***


LSE:GENLLSE:GENL Genel. Close Mid-Price: 251.5 Percentage Change: + 0.60% Day High: 262 Day Low: 246

2018=10

We’d be happier had the movement above 258 not happened with an opening sp ……..

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View Previous Genel & Big Picture ***


LSE:GLENLSE:GLEN Glencore Xstra. Close Mid-Price: 327.4 Percentage Change: + 2.07% Day High: 330.8 Day Low: 324

2018=23

Target Met. Movement now exceeding 331p should start a cycle to an initial ……..

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View Previous Glencore Xstra & Big Picture ***


LSE:IHGLSE:IHG Intercontinental Hotels Group. Close Mid-Price: 4818 Percentage Change: + 1.45% Day High: 4833 Day Low: 4775

2018=8

It is still the case of above 4833 being capable of generating an initial ……..

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View Previous Intercontinental Hotels Group & Big Picture ***


LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 496.6 Percentage Change: + 8.43% Day High: 500.2 Day Low: 456.9

2018=7

Weakness now below 449 indicates 419 with some bounce potential. If broken ……..

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View Previous Kaz Minerals & Big Picture ***


LSE:QFILSE:QFI Quadrise. Close Mid-Price: 2.73 Percentage Change: + 0.93% Day High: 2.9 Day Low: 2.6

2018=10

This is still not good as below 2.6 remains with probable false hope it sh ……..

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View Previous Quadrise & Big Picture ***


LSE:SHPLSE:SHP Shire. Close Mid-Price: 4562 Percentage Change: + 1.09% Day High: 4576 Day Low: 4536.5

2018=14

Now above 4576 and a trip to 4916 remains viable, along with a probable st ……..

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View Previous Shire & Big Picture ***


LSE:VOGLSE:VOG VICTORIA. Close Mid-Price: 38.52 Percentage Change: + 10.94% Day High: 38.8 Day Low: 35.25

2018=70

Target Met. Ongoing traffic now above 39 produces an initial ambition of 4 ……..

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View Previous VICTORIA & Big Picture ***


*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share: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:DGE Diageo** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **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: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: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:RBS Royal Bank Scot** **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: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:UKOG UK Oils and Gas** **LSE:VEC Vectura** **LSE:VED Vedanta** **LSE:VOD Vodafone** **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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