#Gold #SP500 A historical dislike of Easyjet (LSE:EZJ) & Ryanair tends make us distrust our reports on these company share price movements, ‘lest we permit an inherent bias to intrude, unconsciously favouring worst case scenario. It presently feels their share price doesn’t need further assistance to ‘talk it down’, the current lockdown scare appears to be stepping in the role quite nicely.
We had to wonder about the view of the Downing St wino party, a photograph taken from above. Perhaps an airline took the shot, banking the image for use against the next time when incompetent politicians decided to again trash their industry. But, to be fair, another politician believes the angle reveals the snapshot was taken from No 11 Downing St, perhaps the chancellor feeling distraught at being left out of a garden party. As the Prime Minister describes the event as a working meeting, our own personal experience of corporate meetings certainly agrees they would be brightened considerably if the company ensured a supply of drinks. It would also make driving home at the end of a day quite an interesting proposition.
Easyjet share price looks poised for another hammering. In terms of ‘closing price’, the share is currently messing around at the level of the pandemic low of 2020, looking dangerously close to another thrashing. On the day of the pandemic crash, Easyjet hit 410p but actually closed the day at 507p. At present, the share price needs descend below 457p to risk triggering further reversals to 301p. We’d hope for a bounce at such a level, if only due to such a reversal essentially matching the lows of the financial crash.
There’s a serious issue if the share price discovers an excuse to close a session below 301p. It risks a visit to an ultimate bottom of 45p thereafter. Generally, when such a massive void exists between target levels, we tend expect a proper bounce at the initial target, in this case 301p.
However, there are early signs our dreadful scenario above risks being too dramatic. Currently, the share need only exceed 515p to allegedly enter a cycle to an initial 551p. If bettered, we can feel more confident extrapolating a future 677p as a major point of interest. Unfortunately, for the present Easyjet share price shares a lot with folk who’ve been through their ‘Customer Service’ process. It’s not happy!
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FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:44:07PM | BRENT | 72.01 | Success | ||||||||
| 9:46:51PM | GOLD | 1788.74 | 1788 | 1785 | 1776 | 1797 | 1804 | 1809 | 1812 | 1794 | ‘cess |
| 9:49:29PM | FTSE | 7253.16 | Success | ||||||||
| 9:51:36PM | FRANCE | 6903.3 | |||||||||
| 9:54:31PM | GERMANY | 15368 | Success | ||||||||
| 9:59:32PM | US500 | 4578 | 4564 | 4549 | 4519 | 4601 | 4582 | 4600 | 4623 | 4546 | Success |
| 10:02:05PM | DOW | 35024 | |||||||||
| 10:05:09PM | NASDAQ | 15686 | Shambles | ||||||||
| 10:08:13PM | JAPAN | 28244 | Success |
20/12/2021 FTSE Closed at 7198 points. Change of -0.98%. Total value traded through LSE was: £ 5,725,360,926 a change of 374.84%
17/12/2021 FTSE Closed at 7269 points. Change of 0.12%. Total value traded through LSE was: £ 1,205,733,107 a change of 0%
16/12/2021 FTSE Closed at 7260 points. Change of 1.26%. Total value traded through LSE was: £ 1,205,733,107 a change of -77.58%
15/12/2021 FTSE Closed at 7170 points. Change of -0.67%. Total value traded through LSE was: £ 5,378,114,182 a change of 0.31%
14/12/2021 FTSE Closed at 7218 points. Change of -0.18%. Total value traded through LSE was: £ 5,361,283,608 a change of -6.74%
13/12/2021 FTSE Closed at 7231 points. Change of -0.82%. Total value traded through LSE was: £ 5,748,563,220 a change of 23.93%
10/12/2021 FTSE Closed at 7291 points. Change of -0.41%. Total value traded through LSE was: £ 4,638,576,552 a change of -14.79%
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:AGM Applied Graphene** **LSE:AVCT Avacta** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CPI Capita** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:HUR Hurrican Energy** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Applied Graphene, Avacta, Caspian, Cellular Goods, Capita, Foxtons, Gulf Keystone, Hurrican Energy, Intercontinental Hotels Group, ITM Power, National Glib, OPG Power Ventures, Oxford Instruments, Quadrise, Rolls Royce, Zoo Digital,
LSE:AGM Applied Graphene Close Mid-Price: 21.5 Percentage Change: -6.11% Day High: 22.5 Day Low: 21.5
If Applied Graphene experiences continued weakness below 21.5, it will in ……..
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View Previous Applied Graphene & Big Picture ***
LSE:AVCT Avacta Close Mid-Price: 104.8 Percentage Change: -2.06% Day High: 108.5 Day Low: 103.5
Weakness on Avacta below 103.5 will invariably lead to 90p next. If broke ……..
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View Previous Avacta & Big Picture ***
LSE:CASP Caspian Close Mid-Price: 3.5 Percentage Change: -2.78% Day High: 3.7 Day Low: 3.5
Weakness on Caspian below 3.5 will invariably lead to 3.4 with secondary ……..
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View Previous Caspian & Big Picture ***
LSE:CBX Cellular Goods. Close Mid-Price: 6.15 Percentage Change: + 2.50% Day High: 6.15 Day Low: 5.85
In the event Cellular Goods experiences weakness below 5.85 it calculates ……..
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View Previous Cellular Goods & Big Picture ***
LSE:CPI Capita Close Mid-Price: 34.74 Percentage Change: -3.45% Day High: 35.19 Day Low: 33.71
If Capita experiences continued weakness below 33.71, it will invariably ……..
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View Previous Capita & Big Picture ***
LSE:FOXT Foxtons Close Mid-Price: 38.25 Percentage Change: -1.42% Day High: 41.35 Day Low: 38
In the event Foxtons experiences weakness below 38 it calculates with a d ……..
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View Previous Foxtons & Big Picture ***
LSE:GKP Gulf Keystone Close Mid-Price: 168.2 Percentage Change: -3.22% Day High: 171.4 Day Low: 164.6
Target met. Weakness on Gulf Keystone below 164.6 will invariably lead to ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:HUR Hurrican Energy Close Mid-Price: 3.55 Percentage Change: -15.48% Day High: 4 Day Low: 3.3
Target met. Continued weakness against HUR taking the price below 3.3 cal ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4438 Percentage Change: -0.83% Day High: 4468 Day Low: 4314
If Intercontinental Hotels Group experiences continued weakness below 431 ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:ITM ITM Power Close Mid-Price: 369.6 Percentage Change: -2.27% Day High: 374.2 Day Low: 358.6
Weakness on ITM Power below 358.6 will invariably lead to 313. If broken, ……..
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View Previous ITM Power & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1074.8 Percentage Change: + 0.09% Day High: 1072.8 Day Low: 1051
Target met. All National Glib needs are mid-price trades ABOVE 1072.8 to ……..
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View Previous National Glib & Big Picture ***
LSE:OPG OPG Power Ventures Close Mid-Price: 10.75 Percentage Change: -3.37% Day High: 11.12 Day Low: 10.75
In the event OPG Power Ventures experiences weakness below 10.75 it calcu ……..
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View Previous OPG Power Ventures & Big Picture ***
LSE:OXIG Oxford Instruments Close Mid-Price: 2535 Percentage Change: -1.55% Day High: 2530 Day Low: 2495
Further movement against Oxford Instruments ABOVE 2530 should improve acc ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:QFI Quadrise Close Mid-Price: 1.98 Percentage Change: -10.23% Day High: 2.09 Day Low: 2.09
Target met. Weakness on Quadrise below 2.09 will invariably lead to 1.9 w ……..
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View Previous Quadrise & Big Picture ***
LSE:RR. Rolls Royce Close Mid-Price: 110.48 Percentage Change: -3.34% Day High: 112.6 Day Low: 107.12
Target met. In the event Rolls Royce experiences weakness below 107.12 it ……..
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View Previous Rolls Royce & Big Picture ***
LSE:ZOO Zoo Digital Close Mid-Price: 114 Percentage Change: -1.72% Day High: 114 Day Low: 112.5
Target met. Continued weakness against ZOO taking the price below 112.5 c ……..
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View Previous Zoo Digital & Big Picture ***