G4S for 22/07/2020

#FTSE #DOW It’s not difficult to imagine security company #G4S salivating about potential opportunities, once full border controls are required following Brexit. Perhaps they shall be contracted to man a liquid border down the middle of the Irish Sea, once Northern Ireland finds itself effectively tossed out of the UK. There was something occurred due to the Covid-19 drop in March which perhaps suggests potentials for the future.

All our conventional calculations provided a drop target of 43p against this share but the lowest achieved turned out to be 69p and it has certainly rebounded in the intervening period. We wonder if the market suspects an inherent strength for the share price? If this is the case, we’re going to play relatively sane, allocating 150p as a trigger level which should provoke further price recovery to some surprising levels.

In the event the price closes a session above 150p, we’re expecting moves toward an initial 175p where a challenge of the downtrend since 2017 looks certain. Should this initial ambition be exceeded, things start to become a little “game changing” as further travel to 250p becomes possible. This is thanks to a longer term prospect appearing, up at 343p and effectively matching the all time high.

 

We’ve opted to emplace a wide trigger level as only above 150p shall we feel the share price has dusted off the effects of Covid-19 and intends embrace the future.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:10:06PM	BRENT	44.42									Success
9:13:22PM	GOLD	1841.21									Success
9:16:36PM	FTSE	6254	6238	6229	6200	6272	6316	6333	6372	6270	‘cess
9:20:29PM	FRANCE	5070.5									Success
9:23:29PM	GERMANY	13104.08									Success
9:26:43PM	NASDAQ	10864									Shambles
9:28:37PM	US500	3259.62									Success
9:34:55PM	DOW	26835	26762	26731	26632	26886	26890	26935	26992	26801	Success
9:37:21PM	JAPAN	22732									‘cess

 

21/07/2020 FTSE Closed at 6269 points. Change of 0.13%. Total value traded through LSE was: £ 5,607,940,554 a change of 26.84%

20/07/2020 FTSE Closed at 6261 points. Change of -0.46%. Total value traded through LSE was: £ 4,421,196,230 a change of -0.8%

17/07/2020 FTSE Closed at 6290 points. Change of 0.64%. Total value traded through LSE was: £ 4,456,693,938 a change of 6.54%

16/07/2020 FTSE Closed at 6250 points. Change of -0.67%. Total value traded through LSE was: £ 4,183,257,766 a change of -22.26%

15/07/2020 FTSE Closed at 6292 points. Change of 1.83%. Total value traded through LSE was: £ 5,380,801,480 a change of 18.89%

14/07/2020 FTSE Closed at 6179 points. Change of 0.05%. Total value traded through LSE was: £ 4,525,816,471 a change of 16.23%

13/07/2020 FTSE Closed at 6176 points. Change of 1.33%. Total value traded through LSE was: £ 3,893,865,356 a change of -14.27%