#Gold #WallSt Recent weeks has seen utter capitulation in the face of rubbish wireless signals from rubbish routers. Despite manufacturers promising the earth, it became the work of minutes, then hours, then days, to conceal good old fashioned network cable throughout the house, discrete plug in points placed in every room. Once the concession had been made of PC’s & Laptops suffering from poor wireless, buying network adapters for the tablets came next. To be honest, both Android and Apple devices experienced a complete new lease of life as once connected, dramatic pauses became a thing of the past.
The annoying detail behind this workload was revealed when upgrading domestic broadband to fibre optic. A single computer, plugged into the fancy BT router, had no complaints. Everything else which was wireless continued behave as badly as before fibre optic, making us realise the problem with our internet was not the connection. Instead, domestic wireless signals were, for us, utterly rubbish. Once this admission was acknowledged, suddenly friends are changing their domestic network regimes, discovering similar results. It’s even been the case that one person, indulging in the most lazy routine for moving into a new flat (Covid-19 allowed him to remain with his Mum, while decorating and furnishing his new place) has opted for a further excuse for “the big move” while he lifts flooring to route cables everywhere!
Of course, this brings us to Vodafone and the promise of broadband via cellular providers. Personal experience with individual computers has been good, when a phone is tethered to a laptop. Against this has been the constant fear of excess charges by exceeding a download quota. Communication companies generally prove quite predatory, when either quota’s or ‘reasonable use’ allowances are exceeded. This is obviously a pity, the attractions of breaking free from any form of terrestrial cable certainly appeal. For now, the safest option (for us) is remaining plugged into BT, while remaining with fairly large usage allowances on cellular devices. In theory, the only thing which can stop us now is a power cut, experience teaching such events also stop cellular towers operating.
Vodafone share price has experienced a bit of a rocky few years, presently flailing around in the 120 and 130’s. We’ve a particular reason to allocation 137p as a trigger level and given the price is currently trading around 133p, it’s certainly not got far to travel. Above 137p calculates with an initial potential of a fairly tame 145p with secondary, if exceeded, calculating at 160p and almost certain hesitation given this matches the price highs, pre pandemic.
We suspect closure above Red on the chart, a line which actually dates back nearly 20 years, shall prove very important for the longer term. At present this is pretty close to our 137p trigger level but once this trends solidly exceeded, we can start allocating targets for the infinitely patient as a track toward a distant 238p becomes possible.
For panic to take hold, the price needs slip below 120p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:42:21PM | BRENT | 68.52 | Shambles | ||||||||
| 10:50:18PM | GOLD | 1731 | 1721 | 1714.5 | 1706 | 1732 | 1735 | 1742.5 | 1757 | 1722 | ‘cess |
| 10:52:33PM | FTSE | 6769 | |||||||||
| 10:54:01PM | FRANCE | 6049.1 | |||||||||
| 10:56:32PM | GERMANY | 14486.44 | ‘cess | ||||||||
| 10:58:20PM | US500 | 3962.57 | ‘cess | ||||||||
| 11:00:21PM | DOW | 32894 | 32758 | 32695 | 32602 | 32819 | 32974 | 33082 | 33235 | 32788 | Success |
| 11:02:13PM | NASDAQ | 13072 | Success | ||||||||
| 11:04:06PM | JAPAN | 29815 | ‘cess |
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%
12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%
11/03/2021 FTSE Closed at 6736 points. Change of 0.16%. Total value traded through LSE was: £ 5,972,975,685 a change of -1.35%
10/03/2021 FTSE Closed at 6725 points. Change of -0.07%. Total value traded through LSE was: £ 6,055,011,331 a change of -12.01%
9/03/2021 FTSE Closed at 6730 points. Change of 0.16%. Total value traded through LSE was: £ 6,881,664,141 a change of 1.69%
8/03/2021 FTSE Closed at 6719 points. Change of 1.34%. Total value traded through LSE was: £ 6,767,361,334 a change of -3.17%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.
Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION
Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.
UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.
We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…
Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares
The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!
Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:FGP Firstgroup** **LSE:MKS Marks and Spencer** **LSE:MRW Morrisons** **LSE:QFI Quadrise** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **
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Updated charts published on : Avacta, Barclays, BALFOUR BEATTY, Centrica, ECO (Atlantic) O & G, Empyrean, Firstgroup, Marks and Spencer, Morrisons, Quadrise, Royal Mail, Rolls Royce, Tullow,
LSE:AVCTLSE:AVCT Avacta. Close Mid-Price: 274 Percentage Change: + 9.60% Day High: 274.5 Day Low: 248.5
Continued trades against AVCT with a mid-price ABOVE 274.5 should improve ……..
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View Previous Avacta & Big Picture ***
LSE:BARC Barclays Close Mid-Price: 180.28 Percentage Change: -0.18% Day High: 182.5 Day Low: 178.2
Further movement against Barclays ABOVE 182.5 should improve acceleration ……..
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View Previous Barclays & Big Picture ***
LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 294.2 Percentage Change: + 1.45% Day High: 300 Day Low: 293
Continued trades against BBY with a mid-price ABOVE 300 should improve th ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:CNALSE:CNA Centrica. Close Mid-Price: 54.98 Percentage Change: + 2.00% Day High: 55.12 Day Low: 53.58
Further movement against Centrica ABOVE 55.12 should improve acceleration ……..
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View Previous Centrica & Big Picture ***
LSE:ECOLSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 26 Percentage Change: + 7.22% Day High: 26 Day Low: 24.25
All ECO (Atlantic) O & G needs are mid-price trades ABOVE 26 to improve a ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:EME Empyrean Close Mid-Price: 3.6 Percentage Change: -5.26% Day High: 3.8 Day Low: 3.6
Target met. In the event Empyrean experiences weakness below 3.6 it calcu ……..
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View Previous Empyrean & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 93.4 Percentage Change: -0.11% Day High: 95.5 Day Low: 93.25
Further movement against Firstgroup ABOVE 95.5 should improve acceleratio ……..
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View Previous Firstgroup & Big Picture ***
LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 158.6 Percentage Change: + 0.32% Day High: 160.3 Day Low: 157.4
Target met. Further movement against Marks and Spencer ABOVE 160.3 should ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:MRW Morrisons Close Mid-Price: 173.5 Percentage Change: -1.67% Day High: 178.25 Day Low: 170.85
Weakness on Morrisons below 170.85 will invariably lead to 160 with secon ……..
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View Previous Morrisons & Big Picture ***
LSE:QFILSE:QFI Quadrise. Close Mid-Price: 3.83 Percentage Change: + 2.54% Day High: 4.28 Day Low: 3.75
Target met. Continued trades against QFI with a mid-price ABOVE 4.28 shou ……..
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View Previous Quadrise & Big Picture ***
LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 503.4 Percentage Change: + 0.32% Day High: 510.6 Day Low: 502
Continued trades against RMG with a mid-price ABOVE 510.6 should improve ……..
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View Previous Royal Mail & Big Picture ***
LSE:RR.LSE:RR. Rolls Royce. Close Mid-Price: 118 Percentage Change: + 2.74% Day High: 119 Day Low: 114.5
Further movement against Rolls Royce ABOVE 119 should improve acceleratio ……..
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View Previous Rolls Royce & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 60.48 Percentage Change: -0.56% Day High: 65.72 Day Low: 59.72
Target met. All Tullow needs are mid-price trades ABOVE 65.72 to improve ……..
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View Previous Tullow & Big Picture ***