Are Muehlhan a Strong Buy? Or a strong bye

#Gold #Nasdaq Our weekly plunge into Europe to search for something interesting has highlighted a company called #Muehlhan. A service company primarily active in Wind, Oil, Marine, & Construction, they’ve been going for 140 years, active worldwide, and of course we’d never heard of them. The corporate website “talks a good game” but we’re more interested in their share price potentials.

Presently trading around 3.7€, share price movements over the last 14 years are finally becoming interesting, suggesting the share intends move upward into a new trading range. Initially, the eye is drawn to its historic trading range and it looks very like there was a glass ceiling present around the 3.3€ level. Significantly also, the share price is now trading above its pre-Covid high and there’s a vague suggestion the price need only exceed the downtrend since 2007 to finally make an upward surge.

At present, the share price needs exceed just 3.91€ to suggest it’s ready to commit higher. Obviously such a movement shall exceed the dubious downtrend since 2007, perhaps proving sufficient to convince the market something major is about to happen. Growth such as this looks capable of triggering a visit to an initial 4.74€ with secondary, if bettered, an almost certain 5.11€. We’re able to calculate a 3rd target ambition at 5.74 but suspect this shall require closure above 5.11 before it may become a reality.

 

For things to go horribly wrong, the price needs below 3€ to justify raised eyebrows, risking a visit to 2.5 initially. If broken, our secondary works out at 1.90 and utterly destroys any optimism for the price to explore new highs. Currently, for those folk who still pay attention to Europe, we suspect this one shall prove worth watching.

 

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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
10:05:43PM BRENT 86.99 ‘cess
10:08:14PM GOLD 1842.79 1810 1804 1791 1822 1844 1851 1874 1816 Success
10:31:30PM FTSE 7585.07 Shambles
10:46:17PM FRANCE 7175.4 ‘cess
10:48:15PM GERMANY 15786
10:50:41PM US500 4535 ‘cess
10:53:05PM DOW 35067 ‘cess
10:55:04PM NASDAQ 15058 15018 14894 14730 15212 15386 15482 15637 15122 ‘cess
10:57:17PM JAPAN 27578 Success
19/01/2022 FTSE Closed at 7589 points. Change of 0.34%. Total value traded through LSE was: £ 8,711,225,225 a change of 13.49%
18/01/2022 FTSE Closed at 7563 points. Change of -0.63%. Total value traded through LSE was: £ 7,675,745,106 a change of 32.82%
17/01/2022 FTSE Closed at 7611 points. Change of 0.91%. Total value traded through LSE was: £ 5,779,249,970 a change of -10.18%
14/01/2022 FTSE Closed at 7542 points. Change of -0.28%. Total value traded through LSE was: £ 6,434,562,809 a change of 1.01%
13/01/2022 FTSE Closed at 7563 points. Change of 0.16%. Total value traded through LSE was: £ 6,370,299,567 a change of -13.58%
12/01/2022 FTSE Closed at 7551 points. Change of 0.83%. Total value traded through LSE was: £ 7,371,380,208 a change of 17.9%
11/01/2022 FTSE Closed at 7489 points. Change of 0.59%. Total value traded through LSE was: £ 6,252,372,247 a change of -8.66%

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:BBY BALFOUR BEATTY** **LSE:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:SPX Spirax** **

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Updated charts published on : AFC Energy, BALFOUR BEATTY, British Telecom, Diageo, MAN, Experian, Genel, Hikma, HSBC, ITM Power, Omega Diags, Oxford Instruments, Spirax,

LSE:AFC AFC Energy Close Mid-Price: 37.6 Percentage Change: -5.88% Day High: 39.95 Day Low: 37.1

Below 37 points at an initial 30p with secondary, if broken, a less likel ……..

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View Previous AFC Energy & Big Picture ***

LSE:BBY BALFOUR BEATTY Close Mid-Price: 270.2 Percentage Change: -1.96% Day High: 282 Day Low: 269.2

Continued trades against BBY with a mid-price ABOVE 282 should improve the ……..

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View Previous BALFOUR BEATTY & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 189.9 Percentage Change: + 1.77% Day High: 191.25 Day Low: 185.85

Target Met or near enuf. Now above 192p suggests a high possibility of fur ……..

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View Previous British Telecom & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3709.5 Percentage Change: + 0.18% Day High: 3733 Day Low: 3636

Now below 3636 still suggests the potential for further reversals to 3580 ……..

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LSE:EMG MAN Close Mid-Price: 213.6 Percentage Change: -0.47% Day High: 217.5 Day Low: 209

Weakness on MAN below 209 will invariably lead to 206 with secondary (if b ……..

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LSE:EXPN Experian. Close Mid-Price: 3061 Percentage Change: + 1.59% Day High: 3091 Day Low: 2974

Weakness below 2974 permits reversal down to 2929 with secondary, if broke ……..

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LSE:GENL Genel. Close Mid-Price: 154 Percentage Change: + 1.18% Day High: 155.2 Day Low: 150

Now above 156 suggests travel coming to an initial 160p. If bettered, our ……..

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LSE:HIK Hikma Close Mid-Price: 2020 Percentage Change: -0.44% Day High: 2042 Day Low: 2015

Continued weakness against HIK taking the price below 2015 calculates as l ……..

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View Previous Hikma & Big Picture ***

LSE:HSBA HSBC Close Mid-Price: 512.5 Percentage Change: -0.68% Day High: 519.3 Day Low: 510.5

All HSBC needs are mid-price trades ABOVE 520 to hopefully confirm acceler ……..

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LSE:ITM ITM Power Close Mid-Price: 312.6 Percentage Change: -4.98% Day High: 324 Day Low: 312

Target Met. Weakness on ITM Power below 312 will invariably lead to 306. I ……..

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View Previous ITM Power & Big Picture ***

LSE:ODX Omega Diags Close Mid-Price: 13.88 Percentage Change: -10.43% Day High: 16.5 Day Low: 13.62

Target Met. Continued weakness against ODX taking the price below 13 calcu ……..

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View Previous Omega Diags & Big Picture ***

LSE:OXIG Oxford Instruments Close Mid-Price: 2220 Percentage Change: -2.84% Day High: 2305 Day Low: 2245

Weakness on Oxford Instruments below 2245 will invariably lead to 2074 wit ……..

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View Previous Oxford Instruments & Big Picture ***

LSE:SPX Spirax. Close Mid-Price: 13230 Percentage Change: + 0.34% Day High: 13405 Day Low: 12945

Target Met. This could become a little messy as below 12945 suggests comin ……..

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

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