#Gold #SP500 Optimism, we suspect, may be allowed here! We previously reviewed David Beckham backed Cellular Goods in March, a few days after they launched, bringing the first listing of a cannabinoid company to the London Exchange. In the period since, the share tanked from its initial highs and languished. The company website, far from being informative and encouraging, remained a boring ‘Black & White’ affair. Prior to producing this article, we again visited the website this morning, discovering nothing had changed. However…
A final glance this evening, intending to take a spiteful screenshot of their logo, changed everything. The Cellular Goods website has been updated, the presentation literally improving as the evening went on. As can be seen below, their new logo makes some sense.
It’s probably safe to assume something important is about to happen with the company. If so, we’re slightly interested as the low of today (Monday) has the potential to present itself as a logical bounce point. Additionally, we’d marked September as the time for a second look at the share price, due to us believing a change to Govt rules regarding cannabinoid (what a clumsy word; “android cannibals in wheely bins”?) products was also due at the end of this month. Of course, now when we search, we cannot find reference to an impending UK rule change. Regardless, there seems little doubt the company are preparing to go live, thus hopefully giving reason to provoke some share price activity.
We should emphasise, by our normal logic, the share price is trading in a region where The Big Picture legislates against us calculating any realistic ‘ultimate bottom’. Instead, we’re forced to speculate on key trigger levels, should the price start recovery. Visually, the biggie will come, should the share ever exceed 27.5p (or CLOSE above 19p), the high on the day of launch. By viewing transatlantic behaviour for shares vaguely in this field, this is apparently the point where it becomes “safe” for the longer term as truly amazing potentials make themselves known.
For the present, we shall be interested at any bounce capable of exceeding just 6.25p as this calculates with the potential of a move to 7p. While perhaps not the most exciting scenario on the market, above the 7p level works out as useful, giving a future 9.1p as a possible point of hesitation. Should the price discover a reason to close above 9.1p, it becomes probable some real strength is making an early showing. Also worth remembering is the “star quality” of the company backer, Mr Beckham. It’s easy to suspect a frenzy could develop for the share price, perhaps on the basis of his expertise in investment or more probably, plugging the companies products on telly.
This one has the potential to become fascinating. Alas, the share price needs start going up first as it’s in a zone where we must emphasise we cannot calculate any logical bottom!
Yet again, our thanks to those who keep us in “free” coffee, when they find an advert on this page worth looking at.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:25:12PM | BRENT | 78.69 | Success | ||||||||
| 10:27:07PM | GOLD | 1750.25 | 1747 | 1742 | 1736 | 1757 | 1760 | 1767 | 1776 | 1747 | |
| 10:29:01PM | FTSE | 7072.31 | |||||||||
| 10:30:58PM | FRANCE | 6659 | Success | ||||||||
| 10:35:45PM | GERMANY | 15596 | Shambles | ||||||||
| 10:37:30PM | US500 | 4440 | 4435 | 4423.5 | 4404 | 4456 | 4460 | 4468 | 4479 | 4435 | |
| 10:40:20PM | DOW | 34868 | ‘cess | ||||||||
| 10:42:44PM | NASDAQ | 15187 | ‘cess | ||||||||
| 10:44:41PM | JAPAN | 30216 | Success |
27/09/2021 FTSE Closed at 7063 points. Change of 0.17%. Total value traded through LSE was: £ 6,173,668,955 a change of 22.77%
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%
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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:MKS Marks and Spencer** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **
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Updated charts published on : Barclays, BALFOUR BEATTY, BP PLC, Carclo, Caspian, Cellular Goods, Carnival, Centrica, Capita, 4D Pharma, EasyJet, Gulf Keystone, Hargreaves Lansdown, Hurrican Energy, British Airways, Intertek, Marks and Spencer, Natwest, Polymetal, Rolls Royce,
LSE:BARC Barclays. Close Mid-Price: 187.78 Percentage Change: + 2.20% Day High: 188.16 Day Low: 184.62
In the event of Barclays enjoying further trades beyond 188.16, the share ……..
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View Previous Barclays & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 276.2 Percentage Change: + 1.17% Day High: 278.6 Day Low: 273.6
Continued weakness against BBY taking the price below 273.6 calculates as ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 331.3 Percentage Change: + 3.47% Day High: 331.35 Day Low: 323.85
Continued trades against BP. with a mid-price ABOVE 331.35 should improve ……..
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View Previous BP PLC & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 33.5 Percentage Change: -7.46% Day High: 36.8 Day Low: 32
Target met. Continued weakness against CAR taking the price below 32 calc ……..
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View Previous Carclo & Big Picture ***
LSE:CASP Caspian. Close Mid-Price: 4.05 Percentage Change: + 10.96% Day High: 4.05 Day Low: 3.65
Target met. In the event of Caspian enjoying further trades beyond 4.05, ……..
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View Previous Caspian & Big Picture ***
LSE:CBX Cellular Goods. Close Mid-Price: 5.38 Percentage Change: + 0.00% Day High: 5.4 Day Low: 5.12
Continued weakness against CBX taking the price below 5.12 calculates as l ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1766.4 Percentage Change: + 4.94% Day High: 1796 Day Low: 1672.2
Target met. In the event of Carnival enjoying further trades beyond 1796, ……..
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View Previous Carnival & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 55.6 Percentage Change: + 2.92% Day High: 56.2 Day Low: 54.32
Target met. All Centrica needs are mid-price trades ABOVE 56.2 to improve ……..
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View Previous Centrica & Big Picture ***
LSE:CPI Capita. Close Mid-Price: 52.8 Percentage Change: + 6.30% Day High: 53.02 Day Low: 49.39
In the event of Capita enjoying further trades beyond 53.02, the share sh ……..
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View Previous Capita & Big Picture ***
LSE:DDDD 4D Pharma Close Mid-Price: 63 Percentage Change: -5.26% Day High: 67 Day Low: 61.3
Target met. Weakness on 4D Pharma below 61.3 will invariably lead to 57 w ……..
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View Previous 4D Pharma & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 709.4 Percentage Change: + 4.23% Day High: 721 Day Low: 685.4
Target met. All EasyJet needs are mid-price trades ABOVE 721 to improve a ……..
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View Previous EasyJet & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 205 Percentage Change: + 6.33% Day High: 205 Day Low: 194.4
In the event of Gulf Keystone enjoying further trades beyond 205, the sha ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:HL. Hargreaves Lansdown. Close Mid-Price: 1401.5 Percentage Change: + 0.04% Day High: 1413.5 Day Low: 1384
Continued weakness against HL. taking the price below 1384 calculates as ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:HUR Hurrican Energy. Close Mid-Price: 3.95 Percentage Change: + 11.30% Day High: 4.2 Day Low: 3.7
Target met. Further movement against Hurrican Energy ABOVE 4.2 should imp ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 186.1 Percentage Change: + 5.98% Day High: 186.18 Day Low: 176.32
Target met. Continued trades against IAG with a mid-price ABOVE 186.18 sh ……..
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View Previous British Airways & Big Picture ***
LSE:ITRK Intertek Close Mid-Price: 4975 Percentage Change: -2.72% Day High: 5166 Day Low: 4949
Weakness on Intertek below 4949 will invariably lead to 4842 initially wi ……..
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View Previous Intertek & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 192.75 Percentage Change: + 2.99% Day High: 193.3 Day Low: 188.05
Target met. All Marks and Spencer needs are mid-price trades ABOVE 193.3 ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 220.7 Percentage Change: + 1.42% Day High: 221.2 Day Low: 218.8
Continued trades against NWG with a mid-price ABOVE 221.2 should improve ……..
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View Previous Natwest & Big Picture ***
LSE:POLY Polymetal Close Mid-Price: 1278 Percentage Change: -1.62% Day High: 1309 Day Low: 1272.5
Target met. If Polymetal experiences continued weakness below 1272.5, it ……..
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View Previous Polymetal & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 147.48 Percentage Change: + 11.31% Day High: 148.4 Day Low: 135.74
Target met. All Rolls Royce needs are mid-price trades ABOVE 148.4 to imp ……..
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View Previous Rolls Royce & Big Picture ***