Bezant Resources Plc, a limbo dance share price!

#Gold #SP500 A plaintive email, asking us to comment on this sub 1p share, proved a surprise. We previously reviewed this Copper/Gold miner back in 2012, warning of extreme danger if the share price managed below 4.6p. This was a level below which we ran out of numbers. Two years later, the share price toddled off a cliff and we completely ignored it thereafter. What surprised us, in the years since, the share has remained trading.

To be fair, we find viewing something which once sunk as low as 0.04p quite difficult to take seriously. Presently, the share is trading at 0.145p, so no matter what, anyone who bought at bottom must still be smiling.

However, our suspicion is this resilience over the years may indicate the market still attaches value to the share, perhaps with the potential of exhibiting some “proper” recovery. With the best will in the world, we cannot unearth any reason for a return to 80p, the price level at the start of 2012. Instead, the safest thing to remember is crucial, every single reversal calculation we throw at the price returns a result prefaced with a minus sign. From our perspective, the only thing positive we dare take away from Bezant is the fact they have remained trading, despite their share price getting a bigger hammering than a Boris Johnston speech…

The company website also appears fairly informative but we again stress, we can only view this 0.14p as a “punt”. Maybe it shall actually do something positive eventually and maybe the market shall not play games with the Buy/Sell spread.

 

When we search for trigger levels, it appears the share price currently needs exceed 0.19p to potentially trigger a gain to a stunning 0.23p. If exceeded, our secondary calculates at 0.31p. For the longer term, something quite extraordinary occurs, if the share discovers an excuse to close a session above 0.31p. We will be forced to regard 0.81p as exerting an influence, representing a point at which we shall need stir the tea leaves again to refresh the future potentials.

Who knows, perhaps this one shall prove worth some research.

Our thanks to the kind folk who discover useful adverts on this page, effectively buying 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
9:28:48PM BRENT 72.75 Success
9:34:33PM GOLD 1783.88 1780 1776 1768 1793 1800 1805 1814 1789
9:36:51PM FTSE 7147.17 Success
9:40:03PM FRANCE 6807.9 ‘cess
9:50:52PM GERMANY 15354
9:53:09PM US500 4660.62 4622 4616 4597 4644 4673 4681 4717 4637
9:55:25PM DOW 35183.2 ‘cess
9:56:57PM NASDAQ 16416
10:00:38PM JAPAN 28282 28122 27949 27675 28487 28544 28639 28812 28390

 

 

29/11/2021 FTSE Closed at 7109 points. Change of 0.92%. Total value traded through LSE was: £ 6,236,169,403 a change of -24.07%
26/11/2021 FTSE Closed at 7044 points. Change of -3.64%. Total value traded through LSE was: £ 8,213,079,898 a change of 119.92%
25/11/2021 FTSE Closed at 7310 points. Change of 0.33%. Total value traded through LSE was: £ 3,734,503,289 a change of -30.71%
24/11/2021 FTSE Closed at 7286 points. Change of 0.28%. Total value traded through LSE was: £ 5,389,556,678 a change of 0.75%
23/11/2021 FTSE Closed at 7266 points. Change of 0.15%. Total value traded through LSE was: £ 5,349,222,584 a change of 8.04%
22/11/2021 FTSE Closed at 7255 points. Change of 0.44%. Total value traded through LSE was: £ 4,951,055,285 a change of -23.97%
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%

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:BT.A British Telecom** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:PMG Parkmead** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **

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Updated charts published on : British Telecom, Capita, Firstgroup, Hikma, Hargreaves Lansdown, International Personal Finance, IQE, Parkmead, Rockhopper, Royal Mail,

LSE:BT.A British Telecom. Close Mid-Price: 163.4 Percentage Change: + 6.10% Day High: 168.6 Day Low: 160

This presently requires exceed 170.5p to indicate the potential of ^traffi ……..

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View Previous British Telecom & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 45.11 Percentage Change: + 3.46% Day High: 46.64 Day Low: 44.2

It still proves difficult to find something nice to say about Capita. Once ……..

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View Previous Capita & Big Picture ***

LSE:FGP Firstgroup Close Mid-Price: 98.45 Percentage Change: -4.32% Day High: 105.7 Day Low: 98.4

Target met. Continued trades against FGP with a mid-price ABOVE 105.7 sho ……..

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View Previous Firstgroup & Big Picture ***

LSE:HIK Hikma Close Mid-Price: 2230 Percentage Change: -2.11% Day High: 2283 Day Low: 2230

Target met. In the event Hikma experiences weakness below 2230 it calcula ……..

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View Previous Hikma & Big Picture ***

LSE:HL. Hargreaves Lansdown Close Mid-Price: 1341.5 Percentage Change: -5.63% Day High: 1434.5 Day Low: 1320.5

If Hargreaves Lansdown experiences continued weakness below 1320.5, it wi ……..

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View Previous Hargreaves Lansdown & Big Picture ***

LSE:IPF International Personal Finance. Close Mid-Price: 132.6 Percentage Change: + 4.08% Day High: 132.6 Day Low: 117

Continued weakness against IPF taking the price below 117 calculates as l ……..

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View Previous International Personal Finance & Big Picture ***

LSE:IQE IQE Close Mid-Price: 34.05 Percentage Change: -1.59% Day High: 36.3 Day Low: 33.8

In the event IQE experiences weakness below 33.8 it calculates with a dro ……..

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View Previous IQE & Big Picture ***

LSE:PMG Parkmead Close Mid-Price: 38.25 Percentage Change: -4.38% Day High: 40.5 Day Low: 37.7

Continued weakness against PMG taking the price below 37.7 calculates as ……..

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View Previous Parkmead & Big Picture ***

LSE:RKH Rockhopper Close Mid-Price: 4.93 Percentage Change: -3.43% Day High: 5.12 Day Low: 4.84

In the event Rockhopper experiences weakness below 4.84 it calculates wit ……..

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View Previous Rockhopper & Big Picture ***

LSE:RMG Royal Mail Close Mid-Price: 500.2 Percentage Change: -1.07% Day High: 516 Day Low: 502.6

Further movement against Royal Mail ABOVE 516 should improve acceleration ……..

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View Previous Royal Mail & Big Picture ***

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

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