Trends and Targets for 30/10/2018

TERN PLC. #Gold # Nasdaq When we last reviewed #TERN back in June, we mentioned the share was calculating with some fairly terrible drop potentials. Despite these being achieved, some hope is taken from our “worst case” 7.5p figure.

The decline halted at 11p eventually and now, once again, Tern is giving some hope for the future.

 

Price movements now exceeding 22p should apparently prove capable of some growth to an initial 28p. If bettered, secondary is 38p and at this level, where the price closes becomes a matter of importance. Essentially, closure above 36p should achieve the nirvana of a “higher high”, once again positioning the share for strong future performance.

For now though, it doesn’t stink as the price requires below RED (12.5) to indicate trauma, along with a drop to 10p initially with secondary still 7.5p.

Visually, it’s a crossed fingers moment!

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

9:42:34PM

BRENT

76.85

9:44:13PM

GOLD

1230.09

1224

1220.5

1213

1232

1232

1234.5

1236

1227

‘cess

9:46:09PM

FTSE

6976.97

Success

9:47:51PM

FRANCE

4959

Shambles

9:49:37PM

GERMANY

11255.34

Success

9:51:41PM

US500

2639.14

‘cess

9:53:40PM

DOW

24420

Shambles

9:56:32PM

NASDAQ

6714.12

6639

6659.25

6465

6735

6903

6993

7134

6794

Shambles

9:59:57PM

JAPAN

20996

 

 

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