#Dax_Futures #SP500 Similar to the International Space Station, lots of people appear to be watching out for this share making a movement. Unlike the space station, we’re still awaiting the share price to make a reliable movement whereas with orbiting space junk, you can step outside and see it pass, extremely reliably. Last night, for instance, popping out with a camera at 11.29pm gave a 6 minute viewing of the celestial object***. If only share price movements proved as reliable!
One aspect where we expect Amigo to prove useful comes with a straightforward scenario. Next time the share price manages to exceed 30.3p, we can calculate the potential of price recovery to an initial 43p. If exceeded, our secondary calculates at 55p. We’re inclined toward hope with this, due to the recent high of 30.3p being, from our perspective, arithmetically exact. When this sort of thing happens, there’s almost an inevitability as to what shall happen, next time such a target level is exceeded.
In other words, the price should go up.
Visually, our ambition of 55p also challenges the pre-Covid highs of February 2020, making some sort of hesitation very possible if such a level is achieved. One price movement certainly gave rise to curiosity as the plunge to 17.5p on May 11th felt quite contrived, creating a suspicion some shares needed a stop loss triggered to make them available. This incident of a 5p drop which recovered in minutes was certainly pretty vivid, again carrying a suggestion of a price getting ready to make a proper movement.
If wanting to play as safe as possible, waiting until the share price exceeds 31.75p to trigger ‘proper’ recovery is the current arithmetically correct level but our inclination is to expect the prior high of 30.3p making itself a trigger level. The price needs below 17.5p to give alarm, threatening reversal to 10.75p.
***A little caveat if intending to view the Space Station. Check for clouds! A potential 6 minute viewing can quickly evaporate into a brief glimpse of a moving light.
***Also, again our thanks to those who find the adverts google place on this page fascinating.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:34:25PM | BRENT | 66.57 | Success | ||||||||
| 9:38:40PM | GOLD | 1870.16 | Success | ||||||||
| 9:42:38PM | FTSE | 6966 | Success | ||||||||
| 9:45:36PM | FRANCE | 6274 | Success | ||||||||
| 9:47:56PM | GERMANY | 15153 | 15080 | 14957 | 14759 | 15198 | 15238 | 15320 | 15443 | 15093 | Success |
| 9:51:52PM | US500 | 4110 | 4059 | 4039 | 3991 | 4116 | 4117 | 4135.5 | 4161 | 4082 | Success |
| 9:54:40PM | DOW | 33855 | Success | ||||||||
| 10:10:32PM | NASDAQ | 13221 | Success | ||||||||
| 10:13:04PM | JAPAN | 27934 | Success |
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%
18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%
17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%
14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%
13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%
12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%
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:AML Aston Martin** **LSE:ASC Asos** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:IHG Intercontinental Hotels Group** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **LSE:ZOL Zoldav** **
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Updated charts published on : Aston Martin, Asos, Cellular Goods, Centrica, Empyrean, Genel, Intercontinental Hotels Group, Omega Diags, Polymetal, Rolls Royce, Tullow, Zoldav,
LSE:AML Aston Martin Close Mid-Price: 1901 Percentage Change: -0.11% Day High: 1907.5 Day Low: 1865
If Aston Martin experiences continued weakness below 1865, it will invari ……..
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View Previous Aston Martin & Big Picture ***
LSE:ASC Asos Close Mid-Price: 4726 Percentage Change: -3.06% Day High: 4824 Day Low: 4624
Weakness on Asos below 4624 will invariably lead to 4326 with secondary, ……..
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View Previous Asos & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 6.65 Percentage Change: -2.21% Day High: 6.78 Day Low: 6.55
Target met. Continued weakness against CBX taking the price below 6.55 ca ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CNA Centrica Close Mid-Price: 53.1 Percentage Change: -0.93% Day High: 53.92 Day Low: 52.54
If Centrica experiences continued weakness below 52.54, it will invariabl ……..
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View Previous Centrica & Big Picture ***
LSE:EME Empyrean. Close Mid-Price: 7.1 Percentage Change: + 2.16% Day High: 7.2 Day Low: 6.9
Target met. Further movement against Empyrean ABOVE 7.2 should improve ac ……..
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View Previous Empyrean & Big Picture ***
LSE:GENL Genel Close Mid-Price: 144 Percentage Change: -4.38% Day High: 151 Day Low: 142.6
In the event Genel experiences weakness below 142.6 it calculates with a ……..
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View Previous Genel & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4781 Percentage Change: -2.17% Day High: 4830 Day Low: 4726
This is becoming a worry as below 4700 now suggests coming reversal toward ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:ODX Omega Diags Close Mid-Price: 66.5 Percentage Change: -2.21% Day High: 68 Day Low: 64.5
Weakness on Omega Diags below 64.5 will invariably lead to 61 with second ……..
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View Previous Omega Diags & Big Picture ***
LSE:POLY Polymetal. Close Mid-Price: 1694 Percentage Change: + 1.16% Day High: 1708 Day Low: 1646
Continued trades against POLY with a mid-price ABOVE 1708 should improve ……..
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View Previous Polymetal & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 103.36 Percentage Change: + 0.41% Day High: 103.66 Day Low: 99.98
If Rolls Royce experiences continued weakness below 99.98, it will invari ……..
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View Previous Rolls Royce & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 52.2 Percentage Change: -2.94% Day High: 53.04 Day Low: 50.92
Tullow are starting to exhibit some interesting potentials. It’s now the c ……..
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View Previous Tullow & Big Picture ***
LSE:ZOL Zoldav Close Mid-Price: 27.5 Percentage Change: -3.51% Day High: 28.5 Day Low: 27.5
Weakness on Zoldav below 27.5 will invariably lead to 23 with secondary ( ……..
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View Previous Zoldav & Big Picture ***