Trends and Targets for 15/11/2018

Vodafone #Brent #Nasdaq There are times when it feels like showing off! #Vodafone delivered an exquisite movement following our report on 9th October (link here), hitting drop target, then bouncing. Similarly, #Bitcoin reached the 5400 drop target last postulated on 22nd October with a massive drop. (link here too!)

For now, with Vodafone anyway, there appears to be some potential in the current bounce. The share closed the session around 157p and only needs better 160.75 to commence some further moves to 166.5p. If bettered, our secondary calculates at 174.5p. Visually there’s a bit of an issue with these numbers, due to the immediate BLUE downtrend. At present, this perfectly defined line is at 171p and we’d suspect it shall prove a hindrance in any rise. Only with closure above BLUE dare we express longer term optimism as there’s plenty of strength to force some decent rises.

As always, there’s a flip side!

The price needs close a session below RED (144p) to justify concern as a visit to 123p becomes likely. If broken, secondary is at 107p, along with a need to review the numbers urgently.

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

9:38:24PM

BRENT

66.25

65.12

64.595

63.54

67.1

67.76

68.875

69.28

65.65

9:46:37PM

GOLD

1210.97

Shambles

9:49:48PM

FTSE

7026.14

‘cess

9:51:46PM

FRANCE

5068

Success

9:55:46PM

GERMANY

11407

‘cess

9:57:52PM

US500

2701.42

‘cess

10:02:02PM

DOW

25079.3

Success

10:04:57PM

NASDAQ

6770.12

6730

6687

6610

6818

6922

6960

7035

6822

‘cess

10:06:45PM

JAPAN

21681

Shambles

 

 

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