#BrentCrude #Dax With the trauma of yet another forgotten St Valentines Day upon us, we were fascinated to review #Moonpig share price in the hope of being able to say something intelligent for their future. After 9 trading days following their launch, we believe, quite firmly, investors will get more of a clue as to future movements from reading the pithy contents of greetings cards rather than from anything we say. We need a trading history to carry out analysis.
NatWest (LSE:NWG) Unfortunately, with Natwest, we’re feeling similarly ineffective, though suspect it’s our old enemy, time, which is to blame. When we reviewed NWG a few weeks ago, we presented a scenario where the price needed better 172p to suggest some gains were coming. In four of the last five sessions, Natwest has successfully closed above our trigger level, so we can confirm a belief some gains are expected. Something quite peculiar is making itself known, a normally solid series of criteria all demanding the share price intends head to 191p as the next major point of interest. The actual target level varies by a penny or so, either above or below.
What really surprises is our long term secondary above 191p, calculating at 250p and presenting a visually sensible ambition. To be fair, traders would require being challenged in the optical department and advised to visit Barnard Castle, if choosing to ignore the Glass Ceiling In Waiting at such a level.
Natwest share price requires to close a session below 163p to cancel this optimism, easing open the door for some dangers. Below 163p computers with the potential of reversal to an initial 155p with secondary, when broken, at 148p and a very probable bounce.
|Time Issued||Market||Price At Issue||Short Entry||Fast Exit||Slow Exit||Stop||Long Entry||Fast Exit||Slow Exit||Stop||Prior|
12/02/2021 FTSE Closed at 6589 points. Change of 0.93%. Total value traded through LSE was: £ 5,553,303,054 a change of 2.03%
11/02/2021 FTSE Closed at 6528 points. Change of 0.06%. Total value traded through LSE was: £ 5,442,915,422 a change of -20.73%
10/02/2021 FTSE Closed at 6524 points. Change of -0.11%. Total value traded through LSE was: £ 6,866,229,755 a change of 17.93%
9/02/2021 FTSE Closed at 6531 points. Change of 0.12%. Total value traded through LSE was: £ 5,822,084,195 a change of 11.88%
8/02/2021 FTSE Closed at 6523 points. Change of 0.43%. Total value traded through LSE was: £ 5,203,801,333 a change of -25.46%
5/02/2021 FTSE Closed at 6495 points. Change of -0.12%. Total value traded through LSE was: £ 6,981,544,293 a change of 30.51%
4/02/2021 FTSE Closed at 6503 points. Change of -0.06%. Total value traded through LSE was: £ 5,349,556,442 a change of 1.88%
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