Tern #Gold #US500 It has been a few months since we last reviewed #Tern (link here). Similar to UK Govt efforts, despite quite a lot of kicking and screaming, nothing has happened. Instead, the share price seems trapped in a series of pretend movements. However…
There are early (and faint) indications this hiatus is about to change!
Our downtrend calculations point out BLUE on the chart is presently at 18.227p. With the aplomb of a Xmas miracle, Tern closed the session on Monday at 18.5p, thus marginally above the immediate downtrend. Obviously, this cannot ever be taken as a certainty of a rise but it does give some hope for the fairly near term. Only if we now see it trading above 20.7p dare we point at an initial target of 23p. If exceeded, secondary calculates at a longer term 28p, perhaps even 29p if fuelled by positive news.
As always with shares, there’s a flop side. In the case of Tern, it appears quite distant as the share price will require below 12p to now give alarm, along with the threat of 7.5p.
For now, we’re mildly optimistic as this does not require much work to get it airborne.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
|
9:57:03PM |
BRENT |
58.73 |
‘cess |
|||||||||
|
9:58:31PM |
GOLD |
1246.08 |
1237 |
1234.5 |
1230 |
1244 |
1247 |
1249.31 |
1254.78 |
1240 |
Success |
|
|
10:03:01PM |
FTSE |
6749.71 |
Success |
|||||||||
|
10:10:08PM |
FRANCE |
4775.8 |
‘cess |
|||||||||
|
10:12:01PM |
GERMANY |
10749 |
Shambles |
|||||||||
|
10:24:43PM |
US500 |
2552.26 |
2528 |
2507 |
2439 |
2630 |
2565 |
2576.25 |
2583 |
2547 |
Success |
|
|
10:26:39PM |
DOW |
23687 |
Success |
|||||||||
|
10:29:11PM |
NASDAQ |
6466 |
Success |
|||||||||
|
10:31:09PM |
JAPAN |
21165 |
Shambles |
17/12/2018 FTSE Closed at 6773 points. Change of -1.05%. Total value traded through LSE was: £ 6,581,217,772 a change of 14.58%
14/12/2018 FTSE Closed at 6845 points. Change of -0.47%. Total value traded through LSE was: £ 5,743,743,657 a change of -6.27%
13/12/2018 FTSE Closed at 6877 points. Change of -0.04%. Total value traded through LSE was: £ 6,127,869,664 a change of -22.92%
12/12/2018 FTSE Closed at 6880 points. Change of 1.09%. Total value traded through LSE was: £ 7,949,668,067 a change of 8.64%
11/12/2018 FTSE Closed at 6806 points. Change of 1.26%. Total value traded through LSE was: £ 7,317,378,636 a change of -1.09%
10/12/2018 FTSE Closed at 6721 points. Change of -0.84%. Total value traded through LSE was: £ 7,398,221,418 a change of 1.03%
7/12/2018 FTSE Closed at 6778 points. Change of -100%. Total value traded through LSE was: £ 7,323,127,201 a change of 0%
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