#BrentCrude #Dax Boasting about receiving the 2nd Covid jag, without any immediate side effects proved silly. The administering doctor suggests a mild flu could be expected, potentially lasting 48 hours. She failed to warn the ‘mild flu’ would commence, only once the weekend commenced! Needless to say, now there’s a need to write something useful about Lloyds Group, the ‘mild flu’ has eased considerably but it’s easy to question how spiteful the drug side effects have been. In honesty, such has been the chaos of weather here in Argyll, the weekend was best spent indoors rather that outside enjoying temperatures as low as -5c, along with ninja snow blizzards sweeping down the valley.
ps, many thanks to the folk who clicked on adverts on Friday. Wow!
Since we last covered Lloyds, the share price has exceeded the magical 42p trigger level and it’s supposed to be going up. Similar to our mild flu, movements are slow but surely things must speed up anytime soon. Presently trading around 43.2, the share price need only better 43.8p to once again hint at the potential for recovery. Unfortunately the pace of growth is proving slightly worrisome as above 43.8p calculates with the potential of an initial 47.7p, slightly lower than our previous expectation of 50p as a “breakout” target level.
The better news comes if 47.7p is exceeded, thanks to our longer term potential of 55p remaining an intact ambition. We remain with some real concerns about the 55p level as our in-house rules almost demand volatility at such a point. It shall be interesting, should the market commence gapping (manipulating) Lloyds Bank share price up at the open of trade anytime soon. This will strongly suggest someone else has done their homework and the stock market intends avoid the banking sector opting to park itself at share price levels below the pre-pandemic highs.
For panic to ensue, Lloyds still needs fail below 36p, risking a sharp 10p drop and a hopeful bounce. Visually, this looks unlikely.
Sorry this report was short and sharp. This thing called ‘mild flu’ has tended stifle any inspiration…
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 8:18:30PM | BRENT | 62.88 | 62.39 | 62.13 | 61.74 | 63.17 | 63.17 | 63.57 | 64.26 | 62.4 | |
| 8:22:45PM | GOLD | 1744.23 | ‘cess | ||||||||
| 9:32:56PM | FTSE | 6925 | |||||||||
| 9:34:52PM | FRANCE | 6188.7 | ‘cess | ||||||||
| 9:36:33PM | GERMANY | 15229.85 | 15160 | 15138 | 15096 | 15240 | 15264 | 15284.5 | 15330 | 15185 | |
| 9:39:31PM | US500 | 4126.77 | Success | ||||||||
| 9:53:25PM | DOW | 33787 | Success | ||||||||
| 9:55:43PM | NASDAQ | 13836 | |||||||||
| 9:57:47PM | JAPAN | 29929 | Success |
9/04/2021 FTSE Closed at 6915 points. Change of -0.39%. Total value traded through LSE was: £ 6,255,086,151 a change of 4.29%
8/04/2021 FTSE Closed at 6942 points. Change of 0.83%. Total value traded through LSE was: £ 5,997,557,402 a change of 4.89%
7/04/2021 FTSE Closed at 6885 points. Change of 0.91%. Total value traded through LSE was: £ 5,718,153,456 a change of -8.18%
6/04/2021 FTSE Closed at 6823 points. Change of 1.28%. Total value traded through LSE was: £ 6,227,431,623 a change of 25.77%
1/04/2021 FTSE Closed at 6737 points. Change of 0.36%. Total value traded through LSE was: £ 4,951,625,470 a change of -27.29%
31/03/2021 FTSE Closed at 6713 points. Change of -0.87%. Total value traded through LSE was: £ 6,810,341,283 a change of 35.19%
30/03/2021 FTSE Closed at 6772 points. Change of -100%. Total value traded through LSE was: £ 5,037,784,451 a change of 0%
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:DGE Diageo** **LSE:EXPN Experian** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:ITRK Intertek** **LSE:OXIG Oxford Instruments** **LSE:RBD Reabold Resources PLC** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Diageo, Experian, Foxtons, Hurrican Energy, IG Group, International Personal Finance, Intertek, Oxford Instruments, Reabold Resources PLC, Spirax, Taylor Wimpey,
LSE:DGE Diageo Close Mid-Price: 3183 Percentage Change: -0.13% Day High: 3200 Day Low: 3174
Further movement against Diageo ABOVE 3200 should improve acceleration to ……..
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View Previous Diageo & Big Picture ***
LSE:EXPNLSE:EXPN Experian. Close Mid-Price: 2653 Percentage Change: + 0.23% Day High: 2661 Day Low: 2622
In the event of Experian enjoying further trades beyond 2661, the share s ……..
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View Previous Experian & Big Picture ***
LSE:FOXTLSE:FOXT Foxtons. Close Mid-Price: 66 Percentage Change: + 1.07% Day High: 67.7 Day Low: 65.1
Continued trades against FOXT with a mid-price ABOVE 67.7 should improve ……..
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View Previous Foxtons & Big Picture ***
LSE:HURLSE:HUR Hurrican Energy. Close Mid-Price: 2.7 Percentage Change: + 3.05% Day High: 2.65 Day Low: 2.3
Target met. Continued weakness against HUR taking the price below 2.3 cal ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:IGGLSE:IGG IG Group. Close Mid-Price: 948 Percentage Change: + 1.77% Day High: 950.5 Day Low: 932
Target met. In the event of IG Group enjoying further trades beyond 950.5 ……..
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View Previous IG Group & Big Picture ***
LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 117.4 Percentage Change: + 6.73% Day High: 117.2 Day Low: 111
Target met. Continued trades against IPF with a mid-price ABOVE 117.2 sho ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITRKLSE:ITRK Intertek. Close Mid-Price: 6054 Percentage Change: + 0.46% Day High: 6122 Day Low: 6018
Further movement against Intertek ABOVE 6122 should improve acceleration ……..
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View Previous Intertek & Big Picture ***
LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 2145 Percentage Change: + 1.90% Day High: 2150 Day Low: 2095
Continued trades against OXIG with a mid-price ABOVE 2150 should improve ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:RBDLSE:RBD Reabold Resources PLC. Close Mid-Price: 0.8 Percentage Change: + 13.57% Day High: 0.82 Day Low: 0.69
Target met. Further movement against Reabold Resources PLC ABOVE 0.82 sho ……..
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View Previous Reabold Resources PLC & Big Picture ***
LSE:SPXLSE:SPX Spirax. Close Mid-Price: 12240 Percentage Change: + 2.43% Day High: 12285 Day Low: 11965
Target met. Continued trades against SPX with a mid-price ABOVE 12285 sho ……..
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View Previous Spirax & Big Picture ***
LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 190.05 Percentage Change: + 1.88% Day High: 191.2 Day Low: 186.75
Continued trades against TW. with a mid-price ABOVE 191.2 should improve ……..
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View Previous Taylor Wimpey & Big Picture ***