Can Natwest Group tow a caravan…

#Dax #BrentCrude  Good things tend to come around eventually. For instance, Sunday brought Top Gear AND Formula 1, both on the same day. The only fly in the ointment has been listening to the music and squeals from “I’m A Nonentity” returning to TV, a certain family member declaring it essential viewing. Maybe, like TV, Natwest shall eventually provide an almost perfect day but we’re starting to lose hope.

When we previously reviewed the bank just three weeks ago, we provided a scenario allowing weakness to 205p. Unsurprisingly, the scenario triggered but somehow, failed to reach our drop target. Instead, the drop from 221 arrested at 209p, rather than continue to our proposed 205p. Perhaps this indicates some hidden strength, or at least unwillingness in the market for the share price to be utterly trashed. While our inclination is to hope for the best, an unpleasant series of calculations suggest weakness next below 209p should provoke reversal to an initial 200p with secondary, if broken, working out at 188p and hopefully a rebound. To be fair, if the market opts to follow the previous reversal model, perhaps any rebound should occur around 192p, the level of some previous drops.

 

Presently trading around 221p, Natwest requires trade above 224p to give a slight tickle to a possibility of positive price movement. Above this level allows us to calculate an initial target now at an insignificant  234p. Visually, there’s a strong suggestion of some hesitation at such a level, especially as our secondary (should the initial target be exceeded) works out at a game changing 246p, a price level where is becomes sane to imagine better things for the future.

Finally, would it be pedantic to point out, despite the most aerodynamic caravan bodies possible, none of the electric vehicles successfully reached their destination. It begs an important question, just how badly would any of these vehicles perform, if towing a conventional caravan or horsebox. Despite remaining impressed with our recent “go” in a Renault Zoe, from a countryside perspective it appears electric vehicles still have a long way to go, before they be trusted to go a long way…

Yet again, our real thanks to the folks who discover interesting adverts on this page. A visit buys us a coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
2:37:36PM BRENT 77.92 77.51 77.21 76.37 78.49 79.75 80.195 81.09 78.4 ‘cess
2:59:02PM GOLD 1847.23 Success
3:01:31PM FTSE 7213.82 ‘cess
3:05:01PM FRANCE 7102 Success
7:43:18PM GERMANY 16149.26 16116 16070.5 15996 16202 16236 16257 16313 16128 Shambles
8:06:10PM US500 4702.62 ‘cess
10:23:28PM DOW 35607 Shambles
10:25:46PM NASDAQ 16593 ‘cess
10:27:59PM JAPAN 29610

 

19/11/2021 FTSE Closed at 7223 points. Change of -0.44%. Total value traded through LSE was: £ 6,512,253,332 a change of 26.1%
18/11/2021 FTSE Closed at 7255 points. Change of -0.49%. Total value traded through LSE was: £ 5,164,170,076 a change of -21.09%
17/11/2021 FTSE Closed at 7291 points. Change of -0.48%. Total value traded through LSE was: £ 6,544,197,629 a change of 2.92%
16/11/2021 FTSE Closed at 7326 points. Change of -0.34%. Total value traded through LSE was: £ 6,358,395,076 a change of 26.19%
15/11/2021 FTSE Closed at 7351 points. Change of 0.05%. Total value traded through LSE was: £ 5,038,681,465 a change of -24.12%
12/11/2021 FTSE Closed at 7347 points. Change of -0.5%. Total value traded through LSE was: £ 6,640,483,437 a change of 17%
11/11/2021 FTSE Closed at 7384 points. Change of 0.6%. Total value traded through LSE was: £ 5,675,393,557 a change of -10.05%

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:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DGE Diageo** **LSE:EZJ EasyJet** **LSE:HIK Hikma** **LSE:IAG British Airways** **LSE:MKS Marks and Spencer** **LSE:PPC President Energy** **LSE:SDY Speedyhire** **

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Updated charts published on : Aston Martin, BALFOUR BEATTY, Carclo, Carnival, Centrica, Diageo, EasyJet, Hikma, British Airways, Marks and Spencer, President Energy, Speedyhire,

LSE:AML Aston Martin Close Mid-Price: 1611.5 Percentage Change: -2.36% Day High: 1652.5 Day Low: 1581.5

In the event Aston Martin experiences weakness below 1581.5 it calculates ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 245 Percentage Change: + 0.41% Day High: 245.2 Day Low: 240.8

If BALFOUR BEATTY experiences continued weakness below 240.8, it will inv ……..

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LSE:CAR Carclo. Close Mid-Price: 43 Percentage Change: + 3.49% Day High: 48.1 Day Low: 41

All Carclo needs are mid-price trades ABOVE 48.1 to improve acceleration ……..

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LSE:CCL Carnival Close Mid-Price: 1392.2 Percentage Change: -2.32% Day High: 1428.8 Day Low: 1351

Target met. In the event Carnival experiences weakness below 1351 it calc ……..

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LSE:CNA Centrica Close Mid-Price: 67.5 Percentage Change: -1.06% Day High: 69.78 Day Low: 67.72

Target met. In the event of Centrica enjoying further trades beyond 69.78 ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 527.5 Percentage Change: + 0.57% Day High: 539.5 Day Low: 514

Continued weakness against DARK taking the price below 514 calculates as ……..

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LSE:DGE Diageo Close Mid-Price: 3878 Percentage Change: -0.37% Day High: 3926 Day Low: 3868.5

In the event of Diageo enjoying further trades beyond 3926, the share sho ……..

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LSE:EZJ EasyJet Close Mid-Price: 555.2 Percentage Change: -2.70% Day High: 574.4 Day Low: 535.6

Target met. In the event EasyJet experiences weakness below 535.6 it calc ……..

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LSE:HIK Hikma. Close Mid-Price: 2300 Percentage Change: + 0.57% Day High: 2310 Day Low: 2270

If Hikma experiences continued weakness below 2270, it will invariably le ……..

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LSE:IAG British Airways Close Mid-Price: 148.5 Percentage Change: -3.77% Day High: 154.82 Day Low: 145.06

Weakness on British Airways below 145.06 will invariably lead to 144 wit ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 240.8 Percentage Change: + 1.95% Day High: 243 Day Low: 235.2

All Marks and Spencer needs are mid-price trades ABOVE 243 to improve acc ……..

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LSE:PPC President Energy. Close Mid-Price: 2.2 Percentage Change: + 7.32% Day High: 2.35 Day Low: 2.05

Continued trades against PPC with a mid-price ABOVE 2.35 should improve t ……..

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LSE:SDY Speedyhire. Close Mid-Price: 71.9 Percentage Change: + 6.05% Day High: 71.9 Day Low: 66.8

Further movement against Speedyhire ABOVE 71.9 should improve acceleratio ……..

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*** End of “Updated Today” comments on shares.

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