#Cineworld #Gold #Nasdaq In this day and age, it’s a mystery why city multi story car parks are not converted to drive in cinema’ in the evening when they are empty. How hard would it be to securely stream movies to tablets, laptops, or whatever in parked cars?
Cineworld share price took a bit of a hammering earlier this year with the price showing arithmetical precision in its drop to 221p. From our perspective, this was a perfect reversal, one which confirmed a trend and unfortunately created the current risky position of movement below 230p driving the price sharply down to 165p. And that’s it, we cannot calculate below such a level.
However, we’re choosing to take some hope from the circled manipulation gap as it implied the market enacted a cunning plan, hopefully with something in mind for the future. If this is indeed the case, near term movements bettering 310p calculates as capable of driving the price to an initial 333p. We’re a little less confident about the secondary ambition if 333p is bettered as it depends on the price exhibiting some stutters at the 333p level, perhaps even reversing again to donk against the RED uptrend, before a future surge above 333p allows for 393p.
Moves such as this tend become confusing, hinting the drop at the start of the year was overcooked and some considerable hope exists for the longer term.
For now, it’s probably worth watching if only for a surge from 310 to 333p.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
10:25:36PM |
BRENT |
77.18 |
‘cess |
|||||||||
|
10:27:39PM |
GOLD |
1196.51 |
1191.5 |
1189 |
1184.5 |
1198 |
1198.5 |
1199.3 |
1201.9 |
1193 |
||
|
10:41:57PM |
FTSE |
7282.49 |
||||||||||
|
10:45:07PM |
FRANCE |
5277.2 |
Success |
|||||||||
|
10:57:07PM |
GERMANY |
12004.35 |
‘cess |
|||||||||
|
10:58:56PM |
US500 |
2879.27 |
||||||||||
|
11:00:46PM |
DOW |
25882.4 |
Shambles |
|||||||||
|
11:02:16PM |
NASDAQ |
7457.12 |
7409 |
7388 |
7358 |
7458 |
7478 |
7504 |
7543 |
7424 |
||
|
11:03:58PM |
JAPAN |
22451 |
10/09/2018 FTSE Closed at 7279 points. Change of 0.03%. Total value traded through LSE was: £ 8,050,026,757 a change of -26.36%
7/09/2018 FTSE Closed at 7277 points. Change of -0.56%. Total value traded through LSE was: £ 10,931,787,277 a change of 12.39%
6/09/2018 FTSE Closed at 7318 points. Change of -0.88%. Total value traded through LSE was: £ 9,726,599,947 a change of 2.33%
5/09/2018 FTSE Closed at 7383 points. Change of -0.99%. Total value traded through LSE was: £ 9,504,910,826 a change of 30.99%
4/09/2018 FTSE Closed at 7457 points. Change of -0.63%. Total value traded through LSE was: £ 7,256,128,960 a change of 28.36%
3/09/2018 FTSE Closed at 7504 points. Change of 0.97%. Total value traded through LSE was: £ 5,653,084,205 a change of -41.31%
31/08/2018 FTSE Closed at 7432 points. Change of -1.12%. Total value traded through LSE was: £ 9,632,198,145 a change of 50.9%