#FTSE #Nasdaq The Curse of Oak Island, a weekly TV festival of folk digging holes in the ground while looking for buried treasure, takes place in Nova Scotia, Canada. The documentary series, while quite risible in places, has proven quite addictive despite the show tending to glaze over a fairly important detail. An ex-slave from the USA who grew cabbages on the island became one of Canada’s richest people, surprising many as no-one could understand just why his farm was so profitable.
This detail tends indicate the treasure has already been found, treasure “some say” includes the Holy Grail, the Ark of the Covenant, Shakespeare’s lost works, Aztec gold, Marie Antoinette’s bangles, and lots of pirate treasure. Despite 8 years of digging, increasing levels of tech, and apparently fabulous viewing numbers, the sad truth remains of the team never actually finding anything realistic except bits of wood. Curse of Oak Island is on the Discovery Channel in the UK.
However, with Nova Scotia promising great things, it was difficult to ignore Toronto Exchange traded Bank of Nova Scotia suddenly appearing as a ‘Strong Buy’ in our daily tech digest! Faster than an Oak Island treasure hunter, we delved into the numbers to see if anything interesting was coming.
Thankfully the answer looks like being “yes” as the share is already trading above its pre-pandemic level of 75 Canadian dollars and better still, opted to start December with a new all time high. Presently trading around 86 CAD, the price now needs better just 89 dollars to enter a cycle to an initial 95. If bettered, our longer term secondary calculates at 103 CAD. For everything to go horribly wrong, the share price currently requires below 80 Canadian dollars as such a movement would threaten a reversal cycle which would hopefully rebound at the 65 level.
Similar to our favored TV show, this looks worth watching.
Yet again, our thanks to the folk who discover a fascinating advert on this page worth visiting. Each clock keeps us in coffee!
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:19:35PM | BRENT | 73.98 | Success | ||||||||
| 11:21:33PM | GOLD | 1790 | ‘cess | ||||||||
| 11:28:19PM | FTSE | 7306 | 7246 | 7233 | 7204 | 7278 | 7318 | 7354 | 7440 | 7261 | ‘cess |
| 11:30:28PM | FRANCE | 7001.3 | ‘cess | ||||||||
| 11:35:32PM | GERMANY | 15503 | Success | ||||||||
| 11:38:13PM | US500 | 4647 | |||||||||
| 11:41:54PM | DOW | 35506.3 | ‘cess | ||||||||
| 11:45:02PM | NASDAQ | 15963 | 15605 | 15568 | 15426 | 15768 | 15988 | 16000 | 16169 | 15916 | Success |
21/12/2021 FTSE Closed at 7297 points. Change of 1.38%. Total value traded through LSE was: £ 5,555,401,277 a change of -2.97%
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%
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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:SDY Speedyhire** **LSE:TSCO Tesco** **
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Updated charts published on : Aviva, Avacta, Barclays, Barrett Devs, BP PLC, Carclo, Carnival, Centrica, Darktrace Plc, 4D Pharma, Firstgroup, HSBC, British Airways, National Glib, Omega Diags, Petrop etc, Quadrise, Rockhopper, Speedyhire, Tesco,
LSE:AV. Aviva. Close Mid-Price: 403.8 Percentage Change: + 1.46% Day High: 405.2 Day Low: 400.6
Even above 407 now looks useful, allowing movement to an initial 421 with ……..
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View Previous Aviva & Big Picture ***
LSE:AVCT Avacta. Close Mid-Price: 105.9 Percentage Change: + 1.05% Day High: 106.5 Day Low: 100.5
Weakness on Avacta below 100 now looks capable of reversal to an initial 9 ……..
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View Previous Avacta & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 184.26 Percentage Change: + 3.17% Day High: 184.04 Day Low: 180.72
This shambles needs above 187.5 to suggest some surprise recovery, given a ……..
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View Previous Barclays & Big Picture ***
LSE:BDEV Barrett Devs. Close Mid-Price: 724.8 Percentage Change: + 3.10% Day High: 730.2 Day Low: 709
Now above 731 looks capable of 760 next. If exceeded, our secondary calcul ……..
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View Previous Barrett Devs & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 331.75 Percentage Change: + 2.61% Day High: 332.35 Day Low: 324.5
Below 320 now looks problematic, giving a reversal potential to an initial ……..
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View Previous BP PLC & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 38.55 Percentage Change: + 6.64% Day High: 38 Day Low: 35.9
Below just 34 now looks troubling, suggesting coming weakness to 22 with s ……..
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View Previous Carclo & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1392 Percentage Change: + 9.59% Day High: 1398.8 Day Low: 1260.4
Allegedly, above 1400 should bring the price to an initial 1544p. If bette ……..
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View Previous Carnival & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 68.5 Percentage Change: + 2.39% Day High: 68.94 Day Low: 67.32
Continued trades against CNA with a mid-price ABOVE 69 should improve the ……..
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View Previous Centrica & Big Picture ***
LSE:DARK Darktrace Plc. Close Mid-Price: 408.6 Percentage Change: + 2.00% Day High: 426.4 Day Low: 401.4
Now below 374 permits reversals to an initial 336 with secondary, should s ……..
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View Previous Darktrace Plc & Big Picture ***
LSE:DDDD 4D Pharma. Close Mid-Price: 52.6 Percentage Change: + 2.73% Day High: 54.9 Day Low: 50
Below 50 now threatens weakness to an initial 44 with secondary, if broken ……..
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View Previous 4D Pharma & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 101.3 Percentage Change: -1.84% Day High: 104.3 Day Low: 100.2
This still needs above 111 to signal coming miracle recovery to an initial ……..
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View Previous Firstgroup & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 445.2 Percentage Change: + 0.77% Day High: 446.5 Day Low: 439.65
Now above 450 suggests the possibility of a gain to 460 next with secondar ……..
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View Previous HSBC & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 139.98 Percentage Change: + 6.90% Day High: 138.92 Day Low: 130.66
Below 122 now could provide a glide down to an initial 115 with secondary, ……..
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View Previous British Airways & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1084.8 Percentage Change: + 0.93% Day High: 1084.4 Day Low: 1067.8
Continued trades against NG. with a mid-price ABOVE 1084.4 should improve ……..
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View Previous National Glib & Big Picture ***
LSE:ODX Omega Diags Close Mid-Price: 20.5 Percentage Change: -5.75% Day High: 22.25 Day Low: 20.5
If Omega Diags experiences continued weakness below 20.5, it will invaria ……..
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View Previous Omega Diags & Big Picture ***
LSE:POG Petrop etc Close Mid-Price: 20.22 Percentage Change: -1.08% Day High: 20.84 Day Low: 18.5
Weakness on Petrop etc below 18.5 will invariably lead to 17.5 with secon ……..
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View Previous Petrop etc & Big Picture ***
LSE:QFI Quadrise. Close Mid-Price: 2.55 Percentage Change: + 29.11% Day High: 2.3 Day Low: 2.09
Above 2.55 suggests some mild interest, calculating with an initial 2.9 wi ……..
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View Previous Quadrise & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 7.7 Percentage Change: + 22.42% Day High: 7.99 Day Low: 6.27
Above 8p now suggests an initial 9.35p with our longer term secondary, if ……..
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View Previous Rockhopper & Big Picture ***
LSE:SDY Speedyhire. Close Mid-Price: 59.9 Percentage Change: + 1.53% Day High: 60.2 Day Low: 58.7
In the event Speedyhire experiences weakness below 58.7 it calculates wit ……..
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View Previous Speedyhire & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 288.5 Percentage Change: + 0.31% Day High: 289.65 Day Low: 287
Further movement against Tesco ABOVE 289.65 should improve acceleration t ……..
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View Previous Tesco & Big Picture ***