Ripple XRPUSD & Brickability (LSE:BRCK) Our distain for crypto-currency, such as Bitcoin, was echoed eventually with the FCA banning the sale of derivatives and exchange traded notes which reference certain types of crypto assets aimed at retail customers. Too often, there was a Wild West feel across the Bitcoin marketplace with quite shocking differences of price movements experienced, generally feeling like retail traders were the victims. However, we’ve a few folk who keep in touch as they’ve discovered methods for trading slightly offshore, making us suspect a few platforms are doubtless based in the Channel Islands, Gibraltar, or similar. None of the regulated brokers in the UK offer trades in crypto products, several choosing to abandon the game even prior to the Financial Conduct Authority stopping trades in January. ***
Currently, the most common email request we receive refers to something called Ripple, a crypto which has certainly been the victim of some crazy swings over the years. It can be safely assumed we maintain our dislike of crypto but this doesn’t mean we cannot “run the numbers”.
Presently trading at 1.41, Ripple needs exceed 1.67 to suggest a party is starting as this looks capable of acceleration toward an initial 1.90. While this represents a forthcoming challenge of the Blue downtrend since 2018, our secondary calculation, should this be exceeded, comes along with 2.34 dollars. This obviously exceeds the previous high, allowing flamboyant long term expectations around 2.73 dollars. The fake currency needs below $0.85 to give immediate concern as realistically we cannot calculate an ultimate bottom.
***It’s also worth pointing out the price of Gold is currently proving somewhat unstable with irrational swings.
Brickability (LSE:BRCK) are a relatively unknown share, perhaps liable to prove interesting if the often vaunted building trades boom bursts into life properly. A fairly new share, launched on the AIM just a few months before Covid hit the fan, the share price is looking pretty strong at present. Importantly, at 93p currently, the value is above the pre-pandemic level of 75p. This tends confirm underlying strength, giving considerable hope for the future.
Above just 95p looks very capable of taking a run toward 109p with secondary, if exceeded, calculating at a longer term 119p. Above such a level, we shall need revisit the tea leaves. Share price movements historically have proven well behaved and we’re curious as to whether this shall continue its strong performance.
For light relief, it’s worth a glance at the company website. An almost unhealthy fascination with Brick is evident and we shall not be surprised if they publish an in-house magazine called Brickipedia. (Should they read this and adopt the idea, we’ll love payment in anything except brick…) All kidding aside, this company, who we’d never heard of until some emails were received, appear to be a substantial national organisation, almost an all-trades presence in the trade. Many of their subsidiary trading names will be immediately recognised.
Wonder if they produce ‘Pin Up Calendars’ featuring scantily clad bricks…
*** Our thanks, yet again, to those kind folk who find the adverts on this page useful.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:47:35PM | BRENT | 69.4 | 67.92 | Success | |||||||
| 10:52:03PM | GOLD | 1779.17 | 1774 | 1770 | 1761 | 1784 | 1800 | 1805 | 1816 | 1779 | ‘cess |
| 10:55:12PM | FTSE | 6947.9 | 6927 | 6901 | 6855 | 6961 | 6963 | 6979 | 7002 | 6927 | Shambles |
| 10:58:18PM | FRANCE | 6267 | 6249 | ||||||||
| 11:01:37PM | GERMANY | 14905 | 14828 | Success | |||||||
| 11:03:57PM | US500 | 4164.32 | 4127 | Success | |||||||
| 11:06:10PM | DOW | 34125 | 33931 | ‘cess | |||||||
| 11:08:59PM | NASDAQ | 13523 | 13391 | Success | |||||||
| 11:11:26PM | JAPAN | 28672 | 28623 | Shambles |
4/05/2021 FTSE Closed at 6923 points. Change of -0.66%. Total value traded through LSE was: £ 6,395,995,707 a change of -1.38%
30/04/2021 FTSE Closed at 6969 points. Change of 0.11%. Total value traded through LSE was: £ 6,485,673,817 a change of 11.9%
29/04/2021 FTSE Closed at 6961 points. Change of -0.03%. Total value traded through LSE was: £ 5,795,996,815 a change of 1.77%
28/04/2021 FTSE Closed at 6963 points. Change of 0.27%. Total value traded through LSE was: £ 5,695,013,979 a change of 9.25%
27/04/2021 FTSE Closed at 6944 points. Change of -0.27%. Total value traded through LSE was: £ 5,212,742,605 a change of 17.08%
26/04/2021 FTSE Closed at 6963 points. Change of 0.36%. Total value traded through LSE was: £ 4,452,134,004 a change of -2.38%
23/04/2021 FTSE Closed at 6938 points. Change of -100%. Total value traded through LSE was: £ 4,560,582,809 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
Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **LSE:VOD Vodafone** **
********
Updated charts published on : Block Energy PLC, British Telecom, Empyrean, MAN, Experian, EasyJet, Hargreaves Lansdown, Hurrican Energy, ITV, Lloyds Grp., President Energy, Quadrise, Rolls Royce, Vodafone,
LSE:BLOE Block Energy PLC. Close Mid-Price: 2.8 Percentage Change: + 7.69% Day High: 2.8 Day Low: 2.6
This is perhaps starting to move. Further oomph above 2.8 is supposed to b ……..
</p
View Previous Block Energy PLC & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 167.95 Percentage Change: + 1.82% Day High: 169 Day Low: 166.1
Further movement against British Telecom ABOVE 169 should improve acceler ……..
</p
View Previous British Telecom & Big Picture ***
LSE:EME Empyrean. Close Mid-Price: 6.9 Percentage Change: + 4.55% Day High: 7.05 Day Low: 6.55
Target met. All Empyrean needs are mid-price trades ABOVE 7.05 to improve ……..
</p
View Previous Empyrean & Big Picture ***
LSE:EMG MAN Close Mid-Price: 168.1 Percentage Change: -0.03% Day High: 171.35 Day Low: 168.05
Target met. Continued trades against EMG with a mid-price ABOVE 171.35 sh ……..
</p
View Previous MAN & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 2742 Percentage Change: -1.79% Day High: 2822 Day Low: 2740
Continued trades against EXPN with a mid-price ABOVE 2822 should improve ……..
</p
View Previous Experian & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 1039.5 Percentage Change: + 0.34% Day High: 1083.5 Day Low: 1035.5
Further movement against EasyJet ABOVE 1083.5 should improve acceleration ……..
</p
View Previous EasyJet & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 1686.5 Percentage Change: -1.92% Day High: 1734.5 Day Low: 1681
All Hargreaves Lansdown needs are mid-price trades ABOVE 1734.5 to improv ……..
</p
View Previous Hargreaves Lansdown & Big Picture ***
LSE:HUR Hurrican Energy Close Mid-Price: 0.79 Percentage Change: -29.46% Day High: 1.13 Day Low: 0.72
Target met. If Hurrican Energy experiences continued weakness below 0.72, ……..
</p
View Previous Hurrican Energy & Big Picture ***
LSE:ITV ITV. Close Mid-Price: 124.3 Percentage Change: + 2.73% Day High: 125.6 Day Low: 121.6
In the event of ITV enjoying further trades beyond 125.6, the share shoul ……..
</p
View Previous ITV & Big Picture ***
LSE:LLOY Lloyds Grp. Close Mid-Price: 45.05 Percentage Change: -0.86% Day High: 47.45 Day Low: 44.98
Target met. Further movement against Lloyds Grp. ABOVE 47.45 should impro ……..
</p
View Previous Lloyds Grp. & Big Picture ***
LSE:PPC President Energy. Close Mid-Price: 2.6 Percentage Change: + 0.00% Day High: 2.71 Day Low: 2.6
All President Energy needs are mid-price trades ABOVE 2.71 to improve acc ……..
</p
View Previous President Energy & Big Picture ***
LSE:QFI Quadrise. Close Mid-Price: 6.35 Percentage Change: + 15.45% Day High: 6.42 Day Low: 5.62
Target met. In the event of Quadrise enjoying further trades beyond 6.42, ……..
</p
View Previous Quadrise & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 101.22 Percentage Change: -3.25% Day High: 106.62 Day Low: 100.54
Continued weakness against RR. taking the price below 100.54 calculates a ……..
</p
View Previous Rolls Royce & Big Picture ***
LSE:VOD Vodafone. Close Mid-Price: 137.82 Percentage Change: + 0.75% Day High: 140.2 Day Low: 136.62
Continued trades against VOD with a mid-price ABOVE 140.2 should improve ……..
</p
View Previous Vodafone & Big Picture ***