Virgin Money for 26/11/2019

#Gold #Nasdaq This lot are a little confusing, rebranding themselves from Cydesdale & Yorkshire Bank to Virgin Money. In the process of doing so, their history has been slightly mangled and charts becoming meaningless. However, we’ve been doing some digging and notice some potentials showing.

At present, Virgin are trading around 144p with the result, above 148p should now prove capable of triggering slight recovery toward an initial 152p. This price level is liable to prove critical for the longer term as closure above 151p launches the share into a region where growth to an initial 161p looks extremely possible.

If exceeded, secondary is at 171p though, to be honest, in the event of positive news & market conditions, the share price could easily surge to 194p.

A word of warning, something surprisingly obvious from the immediate chart. If the market intends “park” the price until the UK’s trauma with the holy trinity of the 3 B’s (Brexit, Boris, or Bollocks***) is resolved, it only needs close the share price below 140p. Below 140p and it seems there’s a fair chance of reversal again to 133p. If broken, it should hopefully bottom at 127p.

***The story of UK Traffic Police detaining a driver due to him having 2 of the three B words emblazoned on his car proved quite telling, also offering the added bonus of a driver dialling 999 in panic, due to harassment from Traffic cops! It seems there was a court case over a Sex Pistols record and the word Bollocks defined as legally acceptable.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:33:22PM	BRENT	62.65
10:34:59PM	GOLD	1455.83	1453	1451	1446	1462	1462	1463.5	1467	1455	‘cess
10:37:45PM	FTSE	7399.8									Success
10:40:14PM	FRANCE	5934.5
10:44:55PM	GERMANY	13262
10:47:50PM	US500	3132.77
10:50:41PM	DOW	28056.5									‘cess
10:52:33PM	NASDAQ	8373.27	8290	8254	8214	8349	8374	8378	8400	8294	Success
10:54:48PM	JAPAN	23425									‘cess

25/11/2019 FTSE Closed at 7396 points. Change of 0.96%. Total value traded through LSE was: £ 5,544,320,565 a change of 6.78%

22/11/2019 FTSE Closed at 7326 points. Change of 1.22%. Total value traded through LSE was: £ 5,192,412,665 a change of -5.45%

21/11/2019 FTSE Closed at 7238 points. Change of -0.33%. Total value traded through LSE was: £ 5,491,994,018 a change of -12.81%

20/11/2019 FTSE Closed at 7262 points. Change of -0.83%. Total value traded through LSE was: £ 6,298,819,044 a change of 17.12%

19/11/2019 FTSE Closed at 7323 points. Change of 0.22%. Total value traded through LSE was: £ 5,378,033,826 a change of -0.49%

18/11/2019 FTSE Closed at 7307 points. Change of 0.07%. Total value traded through LSE was: £ 5,404,777,192 a change of 7.28%

15/11/2019 FTSE Closed at 7302 points. Change of 0.14%. Total value traded through LSE was: £ 5,038,024,383 a change of -3.76%