#FTSE #US500
An email asked us to review this mob, a company who despite their website wording, actually appear to have reasonably solid potentials if triggers are exceeded. They’re an oil & gas producer but a Google search yielded this as the first search result; ‘Zephyr’s primary focus is the development of a high-impact appraisal project in Utah’s Paradox.’ Unfortunately, this opening sentence tells a casual visitor nothing.
Thankfully, there’s a simple map which advises the company operate in Nth Dakota, Colorado, and Utah too, along with useful information explaining they are an investment platform, formed to develop oil and gas interests in the Rocky Mountains.
One thing did interest us, quite a lot, and it wasn’t revealed until we reviewed historical share price data. The download dated back to 2004 when they presumably listed in London on the AIM market. The company share price is currently trading around 6p, achieving levels not seen since 2008 and cheerfully exceeded three previous upward attempts during the intervening years. It’s therefore officially in Higher High territory, hopefully able to provide some optimism for the longer term. An additional reason for optimism was provided in June this year. Circled, the share price was gapped (manipulated) up, a movement failing to make sense at first glance until we opted to draw a downtrend, one which dated back to a period in 2008 when the share price was above 10p.
We’re always quite pleased when this sort of thing is shown. It tends imply a very deliberate decision to remove a price from a downtrend, commencing a new trend.
At present, we can calculate 7.1p as enjoying trigger level potentials. Movement above this level should prove capable of an attempt at 8.37p in the future, then things get useful. By achieving such a level and hopefully bettering it, we can calculate a distant target of 12.9p as being available. This almost sounds ridiculous when applied to a share which was trading below 0.5p less than a year ago but regardless of common sense, the potentials for further growth certainly exist.
To get into trouble, the share price needs sink below Red on the chart, currently around 4p. This risks provoking reversal to 2.38p and that’s it. We cannot calculate below such a level.
Trends and Targets. Past performance is not a reliable indicator of future results.
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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 |
| 9:46:46PM | BRENT | 71.25 | Success | ||||||||
| 9:48:58PM | GOLD | 1813.87 | |||||||||
| 9:50:44PM | FTSE | 7158.06 | 7135 | 7120 | 7097 | 7151 | 7189 | 7206 | 7227 | 7152 | |
| 9:56:40PM | FRANCE | 6759.2 | Success | ||||||||
| 9:59:17PM | GERMANY | 15809 | Success | ||||||||
| 10:01:06PM | US500 | 4525 | 4517 | 4509.5 | 4499 | 4531 | 4541 | 4546 | 4554 | 4521 | |
| 10:02:56PM | DOW | 35310.4 | |||||||||
| 10:05:10PM | NASDAQ | 15613.59 | Success | ||||||||
| 10:17:23PM | JAPAN | 28539 | Success |
1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%
31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%
27/08/2021 FTSE Closed at 7148 points. Change of 0.34%. Total value traded through LSE was: £ 4,211,324,881 a change of 13.85%
26/08/2021 FTSE Closed at 7124 points. Change of -0.36%. Total value traded through LSE was: £ 3,698,877,507 a change of -14%
25/08/2021 FTSE Closed at 7150 points. Change of 0.35%. Total value traded through LSE was: £ 4,301,236,714 a change of -11.3%
24/08/2021 FTSE Closed at 7125 points. Change of 0.23%. Total value traded through LSE was: £ 4,849,105,310 a change of 11.85%
23/08/2021 FTSE Closed at 7109 points. Change of -100%. Total value traded through LSE was: £ 4,335,174,689 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:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:EME Empyrean** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:POLY Polymetal** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Barrett Devs, Carnival, Centrica, Empyrean, IG Group, IQE, Lloyds Grp., Marks and Spencer, Polymetal, Taylor Wimpey,
LSE:BDEV Barrett Devs. Close Mid-Price: 742.8 Percentage Change: + 0.51% Day High: 745.8 Day Low: 736.8
Further movement against Barrett Devs ABOVE 745.8 should improve accelera ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1575.6 Percentage Change: + 0.34% Day High: 1612.4 Day Low: 1567
All Carnival needs are mid-price trades ABOVE 1612.4 to improve accelerat ……..
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View Previous Carnival & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 52.16 Percentage Change: + 0.38% Day High: 53.26 Day Low: 51.92
Continued trades against CNA with a mid-price ABOVE 53.26 should improve ……..
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View Previous Centrica & Big Picture ***
LSE:EME Empyrean Close Mid-Price: 5.35 Percentage Change: -4.46% Day High: 5.55 Day Low: 5.35
If Empyrean experiences continued weakness below 5.35, it will invariably ……..
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View Previous Empyrean & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 945 Percentage Change: + 0.91% Day High: 947.5 Day Low: 931
Continued trades against IGG with a mid-price ABOVE 947.5 should improve ……..
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View Previous IG Group & Big Picture ***
LSE:IQE IQE. Close Mid-Price: 53 Percentage Change: + 1.15% Day High: 53 Day Low: 51.1
This is showing a potential of being useful soon as ^up above 53 points at ……..
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View Previous IQE & Big Picture ***
LSE:LLOY Lloyds Grp.. Close Mid-Price: 44.02 Percentage Change: + 0.56% Day High: 45 Day Low: 43.95
This is quite dreadful, over a month and Lloyds failing to require an upda ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 184.5 Percentage Change: + 2.79% Day High: 184 Day Low: 180.5
In the event of Marks and Spencer enjoying further trades beyond 184, the ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:POLY Polymetal Close Mid-Price: 1446 Percentage Change: -0.14% Day High: 1467 Day Low: 1437
In the event Polymetal experiences weakness below 1437 it calculates with ……..
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View Previous Polymetal & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 182.25 Percentage Change: -0.36% Day High: 185 Day Low: 181.95
Further movement against Taylor Wimpey ABOVE 185 should improve accelerat ……..
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View Previous Taylor Wimpey & Big Picture ***