The FTSE Risers: Vodafone Group Plc & Unilever too.

#Gold #FTSE There were a couple of standout performers on Monday 24 January, a day which was pretty foul thanks to Russia/Ukraine speculation. At one point, the cynic within wondered if Vodafone were doing well, due to the prospect of enhanced roaming charges due to various country military jumping around Europe. The cause of the share price movement proved fairly boring in comparison, essentially Merger & Acquisition speculation.

The share price closed the session up by 4.5% at 122.86p and appears ready to attempt further movement. Ongoing travel above just 126p now looks capable of gains to an initial 131p with secondary, if exceeded, a more interesting 140p eventually. Glancing at the chart, the visuals imply hesitation can be anticipated at our 140p level as this has presented itself as a glass ceiling level since 2020. The turmoil in the markets, of course, may intrude but given the behaviour of the futures markets on Monday evening, we think the FTSE should experience some recovery near term, hopefully creating an environment where Vodafone can continue to experience some share price recovery.

 

It’s worth noting Vodafone share price has remained firmly below the pre-pandemic high of 155p. While true excitement must be restrained until such a level is exceeded, doubtless along with world peace, Covid eradication, and the UK leadership opting to stop their party’s in Downing St, we’d be inclined to regard closure above the 140p Glass Ceiling as being potentially game changing for Vodafone. The strength of reversals since 2018 has created an environment where sharp price recovery to 220p calculates as possible.

Vodafone share price requires below 108p to force us to re-examine its potentials.  Visually we’re fairly optimistic.

As for Unilever, this experienced an incredible Monday, somehow managing to catapult itself above the Red uptrend. As a result, ongoing traffic above 4055p has the potential of recovery to an initial 4415p with secondary, if bettered, a more pleasing 4910p.

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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
11:08:44PM BRENT 86.43 ‘cess
11:15:57PM GOLD 1842.99 1828 1823 1816 1837 1845 1849 1855 1832
11:21:46PM FTSE 7377.21 7264 7170 7133 7392 7411 7480 7566 7272 Success
11:24:50PM FRANCE 6837 6749 ditto
11:27:26PM GERMANY 15242.32 15221 ditto
11:30:16PM US500 4403.37 4309 ditto
11:33:54PM DOW 34305.5 34080 ditto
11:37:08PM NASDAQ 14449.97 14422 ditto
11:40:10PM JAPAN 27305 27086 ditto

 

24/01/2022 FTSE Closed at 7297 points. Change of -2.63%. Total value traded through LSE was: £ 10,066,916,711 a change of 27.66%
21/01/2022 FTSE Closed at 7494 points. Change of -1.2%. Total value traded through LSE was: £ 7,885,774,103 a change of 20.92%
20/01/2022 FTSE Closed at 7585 points. Change of -0.05%. Total value traded through LSE was: £ 6,521,628,941 a change of -25.14%
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%

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:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:CPI Capita** **LSE:DARK Darktrace Plc** **LSE:DDDD 4D Pharma** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:PPC President Energy** **LSE:RMG Royal Mail** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:VOD Vodafone** **

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Updated charts published on : AFC Energy, Aston Martin, Barrett Devs, British Telecom, Capita, Darktrace Plc, 4D Pharma, MAN, Experian, Hikma, Hargreaves Lansdown, IQE, ITM Power, Ocado Plc, Oxford Instruments, Primary Health, Petrop etc, President Energy, Royal Mail, Scancell, Speedyhire, Spirax, Vodafone,

LSE:AFC AFC Energy Close Mid-Price: 33 Percentage Change: -10.57% Day High: 37.4 Day Low: 31.7

Below 31.6 points at an initial 30p with secondary, if broken, a less lik ……..

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LSE:AML Aston Martin Close Mid-Price: 1141 Percentage Change: -8.68% Day High: 1235.5 Day Low: 1124.5

This now requires exceed 1500 to suggest imminent recovery to 1634p with s ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 614.4 Percentage Change: -8.90% Day High: 658 Day Low: 615.6

Target Met. This has gotten a little worrying as below 614 now presents th ……..

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LSE:BT.A British Telecom Close Mid-Price: 186.1 Percentage Change: -1.40% Day High: 193.6 Day Low: 184.65

Now above 194p suggests a high possibility of further movement to 200 with ……..

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LSE:CPI Capita Close Mid-Price: 31.97 Percentage Change: -9.00% Day High: 34.77 Day Low: 31.48

Target Met. Now below 31 calculates with a bounce potential from 27.75p. I ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 362 Percentage Change: -14.62% Day High: 423 Day Low: 361.2

This is potentially poor as below 361 now points at 286 next with secondar ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 35.5 Percentage Change: -16.76% Day High: 42.4 Day Low: 34

Target Met. In the event 4D Pharma experiences weakness below 34, it calcu ……..

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LSE:EMG MAN Close Mid-Price: 195.8 Percentage Change: -5.68% Day High: 206.9 Day Low: 196.15

Target Met. If MAN experiences continued weakness below 195, it will invar ……..

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LSE:EXPN Experian Close Mid-Price: 2949 Percentage Change: -3.63% Day High: 3057 Day Low: 2946

Weakness below 2946 permits reversal down to 2929 with secondary, if broke ……..

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LSE:HIK Hikma Close Mid-Price: 1982.5 Percentage Change: -1.76% Day High: 2043 Day Low: 1976

Target Met. Weakness on Hikma below 1976 will invariably lead to 1889 with ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1296.5 Percentage Change: -0.38% Day High: 1345 Day Low: 1283

In the event Hargreaves Lansdown experiences weakness below 1283 it calcul ……..

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LSE:IQE IQE Close Mid-Price: 29.25 Percentage Change: -4.26% Day High: 30.4 Day Low: 27.6

Target Met. Below 27 becomes problematic, allowing weakness down to 18 nex ……..

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LSE:ITM ITM Power Close Mid-Price: 271.6 Percentage Change: -11.82% Day High: 306.8 Day Low: 267.2

Target Met. That was nasty! Further weakness below 267 now suggests an ini ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1358.5 Percentage Change: -4.70% Day High: 1424.5 Day Low: 1354.5

Target Met. Weakness on Ocado Plc below 1354 will invariably lead to 1202 ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2120 Percentage Change: -5.78% Day High: 2240 Day Low: 2080

Target met or near enough. This is almost dangerous now. Continued weaknes ……..

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LSE:PHP Primary Health Close Mid-Price: 142.4 Percentage Change: -0.97% Day High: 144.4 Day Low: 142

If Primary Health experiences continued weakness below 142, it will invari ……..

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LSE:POG Petrop etc Close Mid-Price: 14.4 Percentage Change: -6.92% Day High: 15.47 Day Low: 13.95

Ongoing traffic below 13.5 now points at the potential of reversal to 11.7 ……..

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LSE:PPC President Energy Close Mid-Price: 1.65 Percentage Change: -5.71% Day High: 1.75 Day Low: 1.65

Weakness on President Energy below 1.6 will invariably lead to 1.45 with s ……..

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LSE:RMG Royal Mail Close Mid-Price: 436.6 Percentage Change: -5.44% Day High: 460.8 Day Low: 428.2

This is on the edge of drama as below 428 now risks posting itself down to ……..

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LSE:SCLP Scancell Close Mid-Price: 18.5 Percentage Change: -8.64% Day High: 20.25 Day Low: 18.75

Below 18p now suggests coming weakness to an initial 16.2 with secondary, ……..

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LSE:SDY Speedyhire Close Mid-Price: 56 Percentage Change: -3.11% Day High: 57.8 Day Low: 55.7

Target Met. In the event Speedyhire experiences weakness below 55, it calc ……..

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LSE:SPX Spirax Close Mid-Price: 12690 Percentage Change: -2.68% Day High: 13100 Day Low: 12630

If Spirax experiences continued weakness below 12630, it will invariably l ……..

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LSE:VOD Vodafone. Close Mid-Price: 122.86 Percentage Change: + 4.53% Day High: 125.24 Day Low: 119.14

This is still experiencing something close to miracle behaviour as above ^ ……..

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

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