#DAX #SP500 Strange things can happen. For instance, every time the price of crude oil starts falling, ‘something’ happens. Whether it’s an explosion at an oil refinery or a cargo ship blocking the main canal for oil tankers, crude oil prices will suddenly recovery in panic. Equally, if there ever were a company whose time has come, Open Orphan appear to be it. Founded long before the pandemic hit, this company offer a unique testing facility – their ‘FluCamp’ holiday hotel where volunteers can be “safely” infected/monitored/results noted in drug tests. Additionally, the company offer management of clinical trials for new drugs, covering every stage of the (usually) long and convoluted process. Another arm of the company are involved in developing flu vaccines.
As for the origins of the company name, we couldn’t find an explanatory anecdote on their website and couldn’t be bothered asking. In the grand scheme of things, it’s not important anyway but we suspect share price movements shall be. After all, with the pandemic and the reality Covid-19 is here to stay for the foreseeable future, a company capable of building a road through every stage of testing and development should be in demand as it’s unlikely the offerings from AstraZeneca, Pfizer, Moderna, etc shall be the final product. The virus will continue to mutate, hopefully to finally become less nasty. After all, a virus which kills its host probably has not selected the wisest long term life cycle!
Presently trading around the 32p mark, ORPH are proving fairly encouraging for the longer term. By recently closing above the 29p, the share price ticked a fairly major box from our perspective, price influences regarded as moving from Near Term to Big Picture. From our convoluted perspective, this is quite a big deal and gives hope for the future. Growth next exceeding 33p calculates with the potential of reaching an initial 41p. If exceeded, our longer term secondary works out at 56p with our conventional rules indicating some hesitation should be anticipated.
For the brave, it’s worth remembering both these ambitions represent all time highs for the share price. While we cannot currently calculate above 56p, there’s no rule against it. Circled on the chart, a series of strange share price movements during October last year. With a series of very determined nudges, the market indicated it wants this share price higher.
For everything to go pear shaped, the price needs slip below Blue on the chart, currently around 22p.
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FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 8:58:29PM | BRENT | 64.07 | ‘cess | ||||||||
| 9:00:31PM | GOLD | 1734.4 | ‘cess | ||||||||
| 9:46:30PM | FTSE | 6693.97 | |||||||||
| 9:54:03PM | FRANCE | 5921 | ‘cess | ||||||||
| 9:56:17PM | GERMANY | 14549.51 | 14518 | 14492.5 | 14450 | 14584 | 14619 | 14662 | 14710 | 14559 | Success |
| 9:57:45PM | US500 | 3892.62 | 3887 | 3872 | 3844 | 3918 | 3942 | 3965 | 3991 | 3904 | ‘cess |
| 10:00:02PM | DOW | 32460 | ‘cess | ||||||||
| 10:02:21PM | NASDAQ | 12823 | Success | ||||||||
| 10:05:57PM | JAPAN | 28480 | Success |
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
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:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BPC Bahamas Pet** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:ITM ITM Power** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:OXIG Oxford Instruments** **LSE:VOG VICTORIA** **
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Updated charts published on : BALFOUR BEATTY, Block Energy PLC, Bahamas Pet, Caspian, Cellular Goods, Centamin, Diageo, ITM Power, Kaz Minerals, Lloyds Grp., Oxford Instruments, VICTORIA,
LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 303.2 Percentage Change: + 1.34% Day High: 303.8 Day Low: 292
All BALFOUR BEATTY needs are mid-price trades ABOVE 303.8 to improve acce ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BLOE Block Energy PLC Close Mid-Price: 2.8 Percentage Change: -2.10% Day High: 2.85 Day Low: 2.6
In the event Block Energy PLC experiences weakness below 2.6 it calculate ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:BPC Bahamas Pet Close Mid-Price: 0.48 Percentage Change: -4.38% Day High: 0.48 Day Low: 0.42
If Bahamas Pet experiences continued weakness below 0.42, it will invaria ……..
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View Previous Bahamas Pet & Big Picture ***
LSE:CASPLSE:CASP Caspian. Close Mid-Price: 2.4 Percentage Change: + 6.67% Day High: 2.4 Day Low: 2.25
Outlook completely unchanged: In the event Caspian experiences weakness be ……..
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View Previous Caspian & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 9.75 Percentage Change: -2.50% Day High: 9.9 Day Low: 9.6
Weakness on Cellular Goods below 9.6 will invariably lead to 8.5 with sec ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CEYLSE:CEY Centamin. Close Mid-Price: 105.95 Percentage Change: + 3.82% Day High: 106.8 Day Low: 101.7
Now above 109 threatens to become useful, allowing for an initial 115 with ……..
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View Previous Centamin & Big Picture ***
LSE:DGELSE:DGE Diageo. Close Mid-Price: 3008.5 Percentage Change: + 0.05% Day High: 3021.5 Day Low: 2976
This has effectively stopped moving with the result our outlook remains id ……..
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View Previous Diageo & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 403.5 Percentage Change: -4.16% Day High: 421 Day Low: 399.5
Continued weakness against ITM taking the price below 399.5 calculates as ……..
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View Previous ITM Power & Big Picture ***
LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 854.6 Percentage Change: + 3.46% Day High: 854.4 Day Low: 825
Slightly interesting, above 855 should now promote movement to an initial ……..
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View Previous Kaz Minerals & Big Picture ***
LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 42.23 Percentage Change: + 2.16% Day High: 42.3 Day Low: 40.77
Further movement against Lloyds Grp. ABOVE 42.3 should improve accelerati ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:OXIG Oxford Instruments Close Mid-Price: 1748 Percentage Change: -0.34% Day High: 1780 Day Low: 1746
Below 1720 risks becoming an issue, allowing weakness toward an initial 15 ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:VOGLSE:VOG VICTORIA. Close Mid-Price: 4.25 Percentage Change: + 0.00% Day High: 4.25 Day Low: 4.17
No point in reading this as the only thing changed has been an updated cha ……..
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View Previous VICTORIA & Big Picture ***
*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.
Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:MRW Morrisons** **LSE:NG. National Glug** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TAN Tanfield** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **LSE:ZOO Zoo Digital** **
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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!
Risk Warning & Notice to Investors
Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.