#FTSE #Nasdaq As one of a generation who grew up, eagerly hoping for an Airfix model kit at Xmas, there were a few areas where close attention needed paid. The glue which came with the kits especially needed time to dry, there being few things more irritating than a plane leaning drunkenly on a sagging set of wheels. The ultimate crime usually surfaced with the wings and flaps, especially as a bad joint was almost impossible to fix invisibly.
During one of the documentaries, showing how great the Airbus A380 was to be, it was boasted about the amazing weight savings achieved by gluing the wings on to the body of the monstrosity. Personally, this provoked a ‘Wait, What?’ moment. You glue wings onto children’s toy aircraft but in commercial aviation, surely only nuts and bolts could be safe. Preferably really big nuts and bolts, along with screws and other conventional methods of attaching important bits to an airframe.
While adulthood brings an understanding of how glue is best used, childhood memories of building an Airfix Boeing 747 and fighting to ensure the tail flaps remained intact, thanks to the glue drying too fast remained. A personal ‘memo to self’, never fly an Airbus A380 was sent. In fact, any aircraft made by Airbus tend be avoided, thanks to a (justifiable) fear of flying. Last time I was in one of their products, a landing at Bristol proved quite memorable due to the thing skidding on the runway.
In other words, approaching Airbus share price, a degree of personal bias exists and it’s not in a favourable way.
The immediate situation looks a little dangerous, the share price risking coming unglued should it now manage below 107€. Currently trading around 110€, the price doesn’t need work hard to hit the trigger level as movement below 107 calculates with the potential of reversal to an initial 97€. If broken, our secondary works out at 85€ and hopefully a proper bounce. There is a danger, below the 85 Euro level of an ultimate bottom calculating down at 70€, this being a level we cannot calculate below without starting to employ minus signs!
Thankfully, the price doesn’t need much work to climb above this level of misery. In the event the share now manages to close a session above 118.5€, some miracles appear possible as growth to an initial 145 becomes possible. If exceeded, our secondary calculates at 159€ and a new all time high for the plane-makers price.
Unfortunately, for now we suspect patience shall be required. It feels like reversal to 85 should be expected.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:13:50PM | BRENT | 85.49 | |||||||||
| 10:22:10PM | GOLD | 1793.06 | |||||||||
| 10:24:12PM | FTSE | 7274.38 | 7227 | 7210 | 7186 | 7250 | 7282 | 7299 | 7317 | 7260 | ‘cess |
| 10:26:14PM | FRANCE | 6757 | Success | ||||||||
| 10:35:24PM | GERMANY | 15727 | Success | ||||||||
| 10:38:38PM | US500 | 4572.87 | Success | ||||||||
| 10:40:58PM | DOW | 35784.4 | ‘cess | ||||||||
| 10:42:52PM | NASDAQ | 15544 | 15515 | 15500.5 | 15429 | 15607 | 15715 | 15766.5 | 15965 | 15513 | Success |
| 10:45:22PM | JAPAN | 28951 | 28880 | 28776.5 | 28621 | 29040 | 29243 | 29343.5 | 29484 | 28990 | Success |
26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%
25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
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:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **LSE:TLW Tullow** **
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Updated charts published on : AFC Energy, British Telecom, Carclo, Carnival, MAN, Firstgroup, Fresnillo, ITM Power, Quadrise, Tullow,
LSE:AFC AFC Energy. Close Mid-Price: 60 Percentage Change: + 10.29% Day High: 61.4 Day Low: 54.1
Further movement against AFC Energy ABOVE 63.5 to prove significant, now ……..
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View Previous AFC Energy & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 143.25 Percentage Change: + 5.95% Day High: 144.6 Day Low: 134.85
Weakness on British Telecom below 134.85 will invariably lead to 134 with ……..
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View Previous British Telecom & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 41.35 Percentage Change: + 12.06% Day High: 42.9 Day Low: 36.4
Target met. All Carclo needs are mid-price trades ABOVE 42.9 to improve a ……..
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View Previous Carclo & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1483.8 Percentage Change: + 1.78% Day High: 1500.2 Day Low: 1449.8
This continues to flounder around uncertainly, currently looking like an a ……..
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View Previous Carnival & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 242.5 Percentage Change: + 2.71% Day High: 242.3 Day Low: 236.6
Target met. Continued trades against EMG with a mid-price ABOVE 242.3 sho ……..
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View Previous MAN & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 96.15 Percentage Change: + 2.94% Day High: 96.35 Day Low: 92.05
Target met. In the event of Firstgroup enjoying further trades beyond 96. ……..
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View Previous Firstgroup & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 886 Percentage Change: -4.01% Day High: 927 Day Low: 883.6
In the event of Fresnillo enjoying further trades beyond 927, the share s ……..
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View Previous Fresnillo & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 483.8 Percentage Change: + 5.86% Day High: 487.2 Day Low: 459
All ITM Power needs are mid-price trades ABOVE 487.2 to improve accelerat ……..
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View Previous ITM Power & Big Picture ***
LSE:QFI Quadrise Close Mid-Price: 3.58 Percentage Change: -0.97% Day High: 3.5 Day Low: 3.45
If Quadrise experiences continued weakness below 3.45, it will invariably ……..
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View Previous Quadrise & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 48.2 Percentage Change: -2.69% Day High: 50.46 Day Low: 48.17
Weakness on Tullow below 48.17 will invariably lead to 45 with secondary ……..
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View Previous Tullow & Big Picture ***