#BrentFutures #Japan Guilty secrets come in all forms. A personal one was the Harry Potter audio book series, magnificently read by Jim Dale (of Carry On fame!), capable of making time in hospital less tedious. When a client emailed us about Zinnwald Lithium, it struck a chord as surely there was a character with a similar surname in the books.
There wasn’t very similar… It was Grindlewald, mentioned briefly in the final book of the series but the focus of the latest attempt to milk the franchise, “Fantastic Beasts”.
However, the other part of the company name, “Lithium”, still attracted our interest. As someone living in the country, an occasional garden bonfire is needed. Few things spice a bonfire up better than the effect of a completely forgotten lithium battery, when dumping the office bin contents to assist the hedge cuttings igniting. This, recent experience, was rather more than just a little battery from a mobile phone. Instead, it was an 18 volt device which proved, quite energetically, why the warning label about careful disposal exists. Once the thick white smoke dissipated, the garden debris was burning happily but greater care shall be taken in future to avoid such a toxic event. Lithium batteries can be quite exciting.
Perhaps the client who emailed regarding these two companies obviously has an interest in Lithium, hopefully for a saner reason than our own. Even Cornish Metals, a company we reported on in July, also claim interest in the Lithium field. With the availability of battery powered everything nowadays, Lithium, as a key component currently for rechargeable devices, appears to be a buzz word in the mining industry.
Surprisingly, the visuals for Zinnwald don’t live up to our hopes. Presently trading around the 17p mark, the price need only slip below 16.5p to risk provoking reversal to 14.7p next. If broken, our ‘longer term or the next day’ secondary comes with a fairly nasty attachment. While 13.6p may sound fairly innocuous, there’s the potential of real trouble should such a level break as “bottom” calculates down at 8.6p eventually.
If looking for hope, the share needs trade above Blue on the chart, presently around 20p. This should prove capable of a cycle toward 26p with secondary, a longer term new all time high potential at 30p. Before becoming too excited, the visuals imply almost certain hesitation around 22.5p, if things start to recover.
Cornish Metals When we analysed Cornish Metals back in July, we’d lots of hope, none of which came to fruition. In the period since, the highest the share has achieved was 15.5p which, given our trigger of 15.2p, was utterly rubbish. About the only saving grace has been the period since. The share eventually triggered our drop level of 13p which had calculated with a drop potential of 9.75p. Instead, the share price opted to bounce just above 10p, perhaps implying some strength is evident?
Presently trading around 13p, the price needs above 14.25 and we shall regard it as growing, potentially toward an initial 15.7p. Our secondary, if bettered, works out at 17.3p with a visual implication, should this level be bettered, for really happy times ahead for the share price. In such a scenario, we will revisit our calculations.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:24:18PM | BRENT | 82 | 80.52 | 79.825 | 79.08 | 81.3 | 82.06 | 82.15 | 82.4 | 81.5 | Exact ! |
| 9:26:11PM | GOLD | 1759.99 | |||||||||
| 9:31:52PM | FTSE | 7073.99 | ‘cess | ||||||||
| 9:35:08PM | FRANCE | 6561 | Success | ||||||||
| 9:41:07PM | GERMANY | 15173 | |||||||||
| 9:47:40PM | US500 | 4344 | Success | ||||||||
| 9:50:47PM | DOW | 34338.7 | Success | ||||||||
| 9:52:57PM | NASDAQ | 14665 | Success | ||||||||
| 9:55:18PM | JAPAN | 28166 | 27440 | 27312 | 26991 | 27870 | 28269 | 28394 | 28712 | 27999 |
5/10/2021 FTSE Closed at 7077 points. Change of 0.94%. Total value traded through LSE was: £ 5,341,866,967 a change of -12.71%
4/10/2021 FTSE Closed at 7011 points. Change of -0.23%. Total value traded through LSE was: £ 6,119,595,465 a change of -4.22%
1/10/2021 FTSE Closed at 7027 points. Change of -0.83%. Total value traded through LSE was: £ 6,388,941,462 a change of -10.36%
30/09/2021 FTSE Closed at 7086 points. Change of -0.31%. Total value traded through LSE was: £ 7,127,714,126 a change of 20.18%
29/09/2021 FTSE Closed at 7108 points. Change of 1.14%. Total value traded through LSE was: £ 5,930,956,235 a change of -17.13%
28/09/2021 FTSE Closed at 7028 points. Change of -0.5%. Total value traded through LSE was: £ 7,157,189,596 a change of 15.93%
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%
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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CNA Centrica** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:ZOO Zoo Digital** **
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Updated charts published on : AFC Energy, Aston Martin, Asos, Barclays, BP PLC, Carclo, Centrica, Genel, Gulf Keystone, Glencore Xstra, IG Group, ITM Power, Natwest, Parkmead, Zoo Digital,
LSE:AFC AFC Energy Close Mid-Price: 45 Percentage Change: -9.55% Day High: 51 Day Low: 44.5
Target met. Continued weakness against AFC taking the price below 44.5 ca ……..
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View Previous AFC Energy & Big Picture ***
LSE:AML Aston Martin Close Mid-Price: 1750.5 Percentage Change: -1.85% Day High: 1802.5 Day Low: 1733
Target met. Weakness on Aston Martin below 1733 will invariably lead to 1 ……..
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View Previous Aston Martin & Big Picture ***
LSE:ASC Asos Close Mid-Price: 2875 Percentage Change: -2.38% Day High: 3005 Day Low: 2865
Continued weakness against ASC taking the price below 2865 calculates as ……..
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View Previous Asos & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 194.6 Percentage Change: + 3.91% Day High: 194.94 Day Low: 187.24
Target met. Further movement against Barclays ABOVE 194.94 should improve ……..
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View Previous Barclays & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 350.65 Percentage Change: + 1.80% Day High: 352.6 Day Low: 343.35
Target met. All BP PLC needs are mid-price trades ABOVE 352.6 to improve ……..
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View Previous BP PLC & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 30.3 Percentage Change: + 0.00% Day High: 31 Day Low: 28.9
If Carclo experiences continued weakness below 28.9, it will invariably l ……..
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View Previous Carclo & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 58.76 Percentage Change: + 0.72% Day High: 59.22 Day Low: 58.34
Target met. In the event of Centrica enjoying further trades beyond 59.22 ……..
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View Previous Centrica & Big Picture ***
LSE:GENL Genel. Close Mid-Price: 153.8 Percentage Change: + 3.22% Day High: 155 Day Low: 145.2
Target met. Further movement against Genel ABOVE 155 should improve accel ……..
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View Previous Genel & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 212.5 Percentage Change: + 3.66% Day High: 215 Day Low: 204.5
Target met. All Gulf Keystone needs are mid-price trades ABOVE 215 to imp ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 367.6 Percentage Change: + 3.55% Day High: 369.05 Day Low: 356.75
Target met. Further movement against Glencore Xstra ABOVE 369.05 should i ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:IGG IG Group Close Mid-Price: 797 Percentage Change: -1.06% Day High: 808 Day Low: 793
Weakness on IG Group below 793 will invariably lead to 767 with secondary ……..
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View Previous IG Group & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 386 Percentage Change: -1.73% Day High: 398.6 Day Low: 380.4
Continued weakness against ITM taking the price below 380.4 calculates as ……..
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View Previous ITM Power & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 229.8 Percentage Change: + 3.05% Day High: 229.9 Day Low: 224.4
Target met. All Natwest needs are mid-price trades ABOVE 229.9 to improve ……..
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View Previous Natwest & Big Picture ***
LSE:PMG Parkmead. Close Mid-Price: 60.9 Percentage Change: + 4.10% Day High: 62 Day Low: 59.8
Continued trades against PMG with a mid-price ABOVE 62 should improve the ……..
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View Previous Parkmead & Big Picture ***
LSE:ZOO Zoo Digital Close Mid-Price: 117 Percentage Change: -1.27% Day High: 118.5 Day Low: 117
If Zoo Digital experiences continued weakness below 117, it will invariab ……..
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View Previous Zoo Digital & Big Picture ***