#FTSE #Nasdaq Oil producer Pantheon, working in Alaska and incorporated in the UK, appear worthy of some research, if only due to some recent strong share price movements. Upon reading of their Alaska exploits, our first thought was to check how far away their operations are from Nome, the famed home of Bering Sea Gold on the Discovery channel. Let’s just say there is absolutely no chance of any features on oil cropping up on our favourite ice diving show. Alaska is a big place.
We frequently complain visits to corporate websites can prove quite boring but in the case of Pantheon, it proved a fascinating place to spend time, disappearing down a rabbit hole for over an hour in the name of familiarising ourselves with something which has absolutely no bearing on our calculations. The primary reason for any research is to assure ourselves we’re not intending write about a subject which is the focus of ‘an enhanced expectation campaign’ on an internet chatroom about an AIM listed company. In this instance, we’re happy to continue and express some optimism for the future too.
Firstly, for everything to go pear shaped, the share price requires close a session below 91p. From glancing at the chart acceleration, this appears an unlikely suggestion but of course, we never know if a company intend issue some dire news.
Instead, the immediate situation suggests growth continuing above 146p should make an attempt at an initial 166p with secondary, if exceeded, calculating at 180p. The visuals imply the 180p level should prove capable of some hesitation, thanks to this representing a series of highs back in 2016. Invariably, a bunch of folk will have seen their funds take a prolonged holiday since 2016, doubtless watching in utter horror as the price explored the 7p level in 2020. Thankfully, the period since has witnessed strong acceleration and in this particular instance, we can even risk proposed a third target level should 180p be exceeded. Such an event works out with the potential of 220p, a new all time high since the share was initially listed back in 2006.sdy150222.jpg
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:46:56PM | BRENT | 91.93 | |||||||||
| 9:49:50PM | GOLD | 1853.34 | Shambles | ||||||||
| 9:54:07PM | FTSE | 7591 | 7546 | 7525 | 7496 | 7595 | 7618 | 7635 | 7689 | 7565 | |
| 9:56:48PM | FRANCE | 6978 | ‘cess | ||||||||
| 9:59:09PM | GERMANY | 15418 | ‘cess | ||||||||
| 10:01:33PM | US500 | 4465.37 | ‘cess | ||||||||
| 10:03:42PM | DOW | 34957 | ‘cess | ||||||||
| 10:06:16PM | NASDAQ | 14601.85 | 14434 | 14374 | 14290 | 14570 | 14626 | 14690 | 14783 | 14501 | Success |
| 10:08:42PM | JAPAN | 27445 | ‘cess |
15/02/2022 FTSE Closed at 7608 points. Change of 1.02%. Total value traded through LSE was: £ 5,838,071,822 a change of -10.14%
14/02/2022 FTSE Closed at 7531 points. Change of -1.7%. Total value traded through LSE was: £ 6,497,209,256 a change of -4.96%
11/02/2022 FTSE Closed at 7661 points. Change of -0.14%. Total value traded through LSE was: £ 6,836,505,104 a change of 3.17%
10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%
9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%
8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%
7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%
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:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:DARK Darktrace Plc** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:MKS Marks and Spencer** **LSE:PPC President Energy** **LSE:SDY Speedyhire** **
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Updated charts published on : Avacta, BALFOUR BEATTY, Darktrace Plc, Fresnillo, Glencore Xstra, Marks and Spencer, President Energy, Speedyhire,
LSE:AVCT Avacta. Close Mid-Price: 60.5 Percentage Change: + 18.63% Day High: 64 Day Low: 46
Movement now above 64 suggests the potential of an initial 75p with second ……..
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View Previous Avacta & Big Picture ***
LSE:BBY BALFOUR BEATTY. Close Mid-Price: 245.6 Percentage Change: + 0.33% Day High: 247.4 Day Low: 240
Continued weakness against BBY taking the price below 240 calculates as l ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:DARK Darktrace Plc Close Mid-Price: 359.6 Percentage Change: -0.88% Day High: 360.2 Day Low: 337.2
In the event Darktrace Plc experiences weakness below 337.2 it calculates ……..
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View Previous Darktrace Plc & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 642.8 Percentage Change: -3.45% Day High: 673.4 Day Low: 639
Further movement against Fresnillo ABOVE 673.4 should improve acceleratio ……..
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View Previous Fresnillo & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 427 Percentage Change: + 1.16% Day High: 442.35 Day Low: 423.75
All Glencore Xstra needs are mid-price trades ABOVE 442.35 to improve acc ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:MKS Marks and Spencer. Close Mid-Price: 192.35 Percentage Change: + 0.29% Day High: 194.95 Day Low: 190.25
In the event Marks and Spencer experiences weakness below 190.25 it calcu ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:PPC President Energy Close Mid-Price: 1.55 Percentage Change: -1.59% Day High: 1.57 Day Low: 1.55
If President Energy experiences continued weakness below 1.55, it will in ……..
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View Previous President Energy & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 56.4 Percentage Change: -0.70% Day High: 57.1 Day Low: 56.2
In the event Speedyhire experiences weakness below 55, it calculates with ……..
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View Previous Speedyhire & Big Picture ***