When we last reviewed Lloyds, someone complained covering the bank every three weeks was “too often”. Surprisingly, within 4 days of our report, the share (for a change) actually did something useful, hitting a trigger level and reversing to our initial drop target. We also gave a useful bounce trigger of 45.8p (drum roll). On Friday the share experienced a price high at 45.81p! As a result, there’s a distinct threat Lloyds may be choosing a more interesting path for the future.
If we opt to be become the definition of “gullible”, allegedly it is now the case where above 45.81p should propel the share price to an initial 47.7p. If bettered, our secondary works out at 48.7p and visually, there’s nothing ridiculous about the numbers. The problem risks being the downtrend from 2019, shown in blue.
At time of writing, the share price requires exceed 46.173p to better this trend line, thus providing a more realistic trigger level. We’re simply not sold on the idea of future gains being available, just ‘cos the price exceeded a trigger level by 1/100th of a penny, despite the near term visuals justifying some hope. In fact, if we chose to embrace sanity, it’s still the case of the price needing above the 50p level to confirm happy days are ahead and until then, there’s a serious risk of the share price just messing around.
Daimler AG (XE:DAI) With Brit, Louis Hamilton’s Mercedes managing to complete the Russian GP without being crowned by another car, we decided to perhaps worthwhile to take a glance at how Daimler, owner of the Mercedes marque, share price is doing. The share has managed to ‘struggle’ above its high, pre-pandemic, and as the chart below shows, the price is now worth 4x the level experienced in March 2020. By virtually every standard, Daimler share price is doing rather nicely.
The immediate situation is interesting as above 74.5€ suggests coming movement toward 76.4. If bettered, our longer term secondary calculates at 83.4€, giving the potential of a cycle commencing toward a long term 87 and beyond.
A huge thanks to those who found adverts on this page interesting on Friday. Rather than just a coffee, you effectively bought lunch too!
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 1:30:16PM | BRENT | 77.35 | 76.21 | 75.75 | 75.15 | 76.95 | 77.55 | 77.97 | 78.72 | 76.18 | Success |
| 2:50:26PM | GOLD | 1750 | |||||||||
| 3:01:03PM | FTSE | 7066 | |||||||||
| 1:47:11PM | FRANCE | 6638 | Success | ||||||||
| 1:52:08PM | GERMANY | 15558 | 15493 | 15469 | 15390 | 15546 | 15575 | 15606 | 15644 | 15525 | |
| 2:02:14PM | US500 | 4456 | |||||||||
| 2:05:10PM | DOW | 34801 | |||||||||
| 2:10:44PM | NASDAQ | 15329 | |||||||||
| 2:15:34PM | JAPAN | 30208 | Shambles |
24/09/2021 FTSE Closed at 7051 points. Change of -0.38%. Total value traded through LSE was: £ 5,028,502,526 a change of -6.23%
23/09/2021 FTSE Closed at 7078 points. Change of -0.07%. Total value traded through LSE was: £ 5,362,462,206 a change of 4.68%
22/09/2021 FTSE Closed at 7083 points. Change of 1.48%. Total value traded through LSE was: £ 5,122,671,663 a change of -18.56%
21/09/2021 FTSE Closed at 6980 points. Change of 1.12%. Total value traded through LSE was: £ 6,290,005,050 a change of -2.8%
20/09/2021 FTSE Closed at 6903 points. Change of -0.86%. Total value traded through LSE was: £ 6,471,386,958 a change of -56.78%
17/09/2021 FTSE Closed at 6963 points. Change of -0.91%. Total value traded through LSE was: £ 14,974,489,872 a change of 149%
16/09/2021 FTSE Closed at 7027 points. Change of 0.16%. Total value traded through LSE was: £ 6,013,769,162 a change of 0.85%
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:ASC Asos** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **
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Updated charts published on : Asos, Caspian, Cellular Goods, Carnival, EasyJet, Hargreaves Lansdown, Natwest, Polymetal, Reabold Resources PLC, Rolls Royce, Speedyhire,
LSE:ASC Asos Close Mid-Price: 3265 Percentage Change: -2.39% Day High: 3386 Day Low: 3245
All Asos needs are mid-price trades ABOVE 3386 to improve acceleration to ……..
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View Previous Asos & Big Picture ***
LSE:CASP Caspian. Close Mid-Price: 3.65 Percentage Change: + 8.96% Day High: 3.7 Day Low: 3.35
Target met. Further movement against Caspian ABOVE 3.7 should improve acc ……..
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View Previous Caspian & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 5.38 Percentage Change: -4.02% Day High: 5.64 Day Low: 5.38
Target met. Weakness on Cellular Goods below 5.38 will invariably lead to ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1683.2 Percentage Change: + 2.35% Day High: 1706.8 Day Low: 1600
Target met. Further movement against Carnival ABOVE 1706.8 should improve ……..
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View Previous Carnival & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 680.6 Percentage Change: + 4.10% Day High: 685.4 Day Low: 644.8
Target met. In the event of EasyJet enjoying further trades beyond 685.4, ……..
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View Previous EasyJet & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 1401 Percentage Change: -0.25% Day High: 1420.5 Day Low: 1398.5
Target met. If Hargreaves Lansdown experiences continued weakness below 1 ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 217.6 Percentage Change: + 0.14% Day High: 219.6 Day Low: 214.3
All Natwest needs are mid-price trades ABOVE 219.6 to improve acceleratio ……..
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View Previous Natwest & Big Picture ***
LSE:POLY Polymetal Close Mid-Price: 1299 Percentage Change: -0.23% Day High: 1306 Day Low: 1292.5
Continued weakness against POLY taking the price below 1292.5 calculates ……..
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View Previous Polymetal & Big Picture ***
LSE:RBD Reabold Resources PLC Close Mid-Price: 0.22 Percentage Change: -6.52% Day High: 0.23 Day Low: 0.2
Target met. Weakness on Reabold Resources PLC below 0.2 will invariably l ……..
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View Previous Reabold Resources PLC & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 132.5 Percentage Change: + 4.38% Day High: 134.22 Day Low: 126.82
Target met. In the event of Rolls Royce enjoying further trades beyond 13 ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 67 Percentage Change: -0.89% Day High: 68.7 Day Low: 66
Continued weakness against SDY taking the price below 66 calculates as le ……..
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View Previous Speedyhire & Big Picture ***