#FTSE #Nasdaq Similar to the new (and rather tasty) chocolate bar, Caramilk, little things can give considerable promise. Royal Dutch Shell share price has experienced a tiny little nudge upward, the chart inset showing the share has closed above Blue on the chart, literally gapped up by the price of a bar of chocolate! Apparently we should now present an optimistic report for the future based on confectionary!.
Given BP’s share price performance this week, it’s difficult not to experience some optimism for the future of RDS. However, it must be remembered the share is nowhere near recovering above the share level, pre-pandemic, instead spending this year hovering around the 1500p level. But given the price has finally opted to close above the immediate downtrend, we can hopefully extrapolate a future which eases the pain for long suffering investors.
Above 1490p calculates with the potential of fairly near term traffic in the direction of 1613p. Such an ambition is liable to prove important, taking the price above all the highs since the Covid-19 drop was enacted in 2020 and thus, priming the pump for future growth. Above 1613 allows a secondary target of 1733, this being extremely significant as it intrudes into Big Picture territory where a longer term influence at 2017p is shown, rather neatly matching the share price level before the world fell apart and almost certainly capable of providing a future glass ceiling.
For now, our outlook on Royal Dutch Shell is based on the price of a bar of chocolate (as recommended by our local petrol station), hopefully facing a similarly sweet future. Who knew what would happen, when Cadbury mated a Dairy Milk with a Caramac bar?
As always, our very real thanks for those folk who effectively “buy us a coffee” by showing their interest on adverts on this page.
FUTURES
Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
10:33:51PM | BRENT | 72.15 | Shambles | ||||||||
10:36:29PM | GOLD | 1810.65 | |||||||||
10:38:21PM | FTSE | 7116.02 | 7062 | 7039 | 7010 | 7097 | 7126 | 7144.5 | 7176 | 7076 | ‘cess |
10:40:32PM | FRANCE | 6738.9 | Success | ||||||||
10:43:26PM | GERMANY | 15572 | Shambles | ||||||||
10:45:50PM | US500 | 4417.22 | Success | ||||||||
10:48:22PM | DOW | 35082.6 | ‘cess | ||||||||
10:51:53PM | NASDAQ | 15052.47 | 14860 | 14847 | 14774 | 14950 | 15063 | 15095.5 | 15174 | 14990 | Shambles |
10:58:52PM | JAPAN | 27607 | ‘cess |
3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%
2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%
30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%
29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%
28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%
27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%
26/07/2021 FTSE Closed at 7025 points. Change of -0.03%. Total value traded through LSE was: £ 4,475,417,848 a change of 19.69%
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:FRES Fresnillo** **LSE:NWG Natwest** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Block Energy PLC, Fresnillo, Natwest, Sainsbury, Spirax, Zoo Digital,
LSE:BLOE Block Energy PLC. Close Mid-Price: 2.75 Percentage Change: + 3.77% Day High: 3 Day Low: 2.6
Target met. Further movement against Block Energy PLC ABOVE 3 should impr ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 838.4 Percentage Change: + 1.90% Day High: 849 Day Low: 819
All Fresnillo needs are mid-price trades ABOVE 849 to improve acceleratio ……..
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View Previous Fresnillo & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 207.4 Percentage Change: + 1.42% Day High: 209.9 Day Low: 205.3
Continued trades against NWG with a mid-price ABOVE 209.9 should improve ……..
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View Previous Natwest & Big Picture ***
LSE:SBRY Sainsbury. Close Mid-Price: 292 Percentage Change: + 2.38% Day High: 293.5 Day Low: 285.3
Target met. In the event of Sainsbury enjoying further trades beyond 293. ……..
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View Previous Sainsbury & Big Picture ***
LSE:SPX Spirax. Close Mid-Price: 15235 Percentage Change: + 0.26% Day High: 15270 Day Low: 15050
Target met. All Spirax needs are mid-price trades ABOVE 15270 to improve ……..
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View Previous Spirax & Big Picture ***
LSE:ZOO Zoo Digital. Close Mid-Price: 148.5 Percentage Change: + 0.00% Day High: 150.5 Day Low: 148.5
Continued trades against ZOO with a mid-price ABOVE 150.5 should improve ……..
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View Previous Zoo Digital & Big Picture ***
*** End of “Updated Today” comments on shares.
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