#FTSE #Nasdaq It used to be said “the market always knows” and as a result, we’re looking at some shares this week which should give a clue of impending trouble. It was certainly true Wall St suffered warning signs for trouble, during the week before 9/11, something which remained unexplained. Alas, with Defense Sector shares, things are less than clear with no immediate signs of the markets salivating at the prospect of a war in Europe.
There’s surely a pretty certain timeframe, if the Russia/Ukraine issue is due to become “hot”, especially as the two countries need only delay until May 14th to conclusively resolve the issue. The annual atrocity to taste which is the Eurovision Song Contest takes place mid-May and will feature both nations, providing an easy method of deciding who’s the winner without resorting to conflict. Perhaps the threat of this being ‘the decider’ explains the mixed messages currently being given by international markets.
Another UK defence contractor, Qinetiq (LSE:QQ.) find themselves in a strange place, their share price (252p at time of writing) looking very like it intends reversal to a bottom of 227p. Whereas for BAE Systems, the picture is quite different – but still not frothing at the mouth.
Presently trading around 593p, BAE needs fall below 533p to give cause for concern. Movement such as this takes the share price into a region where reversal to an initial 432p looks very possible with secondary, if broken, a less likely bottom at 310p. But in reality, if feels like BAE shall experience some gains fairly soon.
To convince us, the share needs close a session above a trigger level of 601p. This criteria appears quite important, calculating as making a visit to 671p a pretty confident ambition. If exceeded, our secondary works out at 694p and visually, this looks important. By reaching 694p, the share shall exceed the level of the series of highs since 2017 and we don’t feel over-optimistic by mentioning the price will be in a 3rd target zone, easily capable of a cycle to 805p and a new all time high.
From a personal stance, it’s easy to hope this is all military posturing, designed to enhance the price of exports from Russia during winter, when demand for Gas is highest. Fingers crossed time.
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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 |
| 10:24:47PM | BRENT | 94.03 | Success | ||||||||
| 10:26:32PM | GOLD | 1900.93 | ‘cess | ||||||||
| 10:38:24PM | FTSE | 7480 | 7404 | 7368 | 7313 | 7470 | 7513 | 7549 | 7577 | 7456 | Success |
| 10:41:06PM | FRANCE | 6779 | Shambles | ||||||||
| 10:43:41PM | GERMANY | 14712 | |||||||||
| 10:45:46PM | US500 | 4318 | ‘cess | ||||||||
| 10:48:15PM | DOW | 33682 | |||||||||
| 10:50:44PM | NASDAQ | 13937 | 13820 | 13742 | 13616 | 14020 | 14114 | 14172 | 14366 | 13880 | ‘cess |
| 10:52:59PM | JAPAN | 26662 |
22/02/2022 FTSE Closed at 7494 points. Change of 0.13%. Total value traded through LSE was: £ 6,707,697,679 a change of 29%
21/02/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 5,199,890,341 a change of -19.05%
18/02/2022 FTSE Closed at 7513 points. Change of -0.32%. Total value traded through LSE was: £ 6,423,213,414 a change of 12%
17/02/2022 FTSE Closed at 7537 points. Change of -0.87%. Total value traded through LSE was: £ 5,734,831,803 a change of -14.78%
16/02/2022 FTSE Closed at 7603 points. Change of -0.07%. Total value traded through LSE was: £ 6,729,531,357 a change of 15.27%
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%
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:ASC Asos** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **
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Updated charts published on : AFC Energy, Aston Martin, Asos, Avacta, BALFOUR BEATTY, Barrett Devs, Carclo, Capita, 4D Pharma, MAN, Experian, Fresnillo, Hikma, Hargreaves Lansdown, ITM Power, Marks and Spencer, Oxford Instruments, Primary Health, Petrop etc, Polymetal, Reabold Resources PLC, Royal Mail, Speedyhire, Spirax,
LSE:AFC AFC Energy Close Mid-Price: 31.1 Percentage Change: -1.27% Day High: 31.8 Day Low: 28.5
Weakness on AFC Energy below 28.5 will invariably lead to 27p with second ……..
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View Previous AFC Energy & Big Picture ***
LSE:AML Aston Martin Close Mid-Price: 1098 Percentage Change: -0.18% Day High: 1126.5 Day Low: 1050
Continued weakness against AML taking the price below 1050 calculates as ……..
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View Previous Aston Martin & Big Picture ***
LSE:ASC Asos. Close Mid-Price: 1963.5 Percentage Change: + 0.69% Day High: 2017 Day Low: 1883
Target met. In the event Asos experiences weakness below 1883 it calculat ……..
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View Previous Asos & Big Picture ***
LSE:AVCT Avacta Close Mid-Price: 48 Percentage Change: -0.21% Day High: 48.5 Day Low: 41.5
Target met. If Avacta experiences continued weakness below 41.5, it will ……..
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View Previous Avacta & Big Picture ***
LSE:BBY BALFOUR BEATTY Close Mid-Price: 238.6 Percentage Change: -1.24% Day High: 241.2 Day Low: 238
If BALFOUR BEATTY experiences continued weakness below 238, it will invar ……..
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View Previous BALFOUR BEATTY & Big Picture ***
LSE:BDEV Barrett Devs Close Mid-Price: 595.2 Percentage Change: -0.50% Day High: 603.4 Day Low: 582.6
Target met. Continued weakness against BDEV taking the price below 582.6 ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 30.2 Percentage Change: -3.21% Day High: 30 Day Low: 28.5
In the event Carclo experiences weakness below 28.5 it calculates with a ……..
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View Previous Carclo & Big Picture ***
LSE:CPI Capita Close Mid-Price: 28.25 Percentage Change: -3.88% Day High: 29.32 Day Low: 28.2
Weakness on Capita below 28.2 will invariably lead to 27.75p. If broken, ……..
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View Previous Capita & Big Picture ***
LSE:DDDD 4D Pharma Close Mid-Price: 29.7 Percentage Change: -2.62% Day High: 34.8 Day Low: 29.5
Continued weakness against DDDD taking the price below 29.5 calculates as ……..
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View Previous 4D Pharma & Big Picture ***
LSE:EMG MAN Close Mid-Price: 188.75 Percentage Change: -0.61% Day High: 192.5 Day Low: 184.65
In the event MAN experiences weakness below 184.65 it calculates with a d ……..
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View Previous MAN & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 2848 Percentage Change: + 2.19% Day High: 2861 Day Low: 2734
Weakness on Experian below 2734 will invariably lead to 2718 with seconda ……..
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View Previous Experian & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 680.6 Percentage Change: -2.32% Day High: 702.2 Day Low: 664.8
All Fresnillo needs are mid-price trades ABOVE 702.2 to improve accelerat ……..
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View Previous Fresnillo & Big Picture ***
LSE:HIK Hikma. Close Mid-Price: 1946.5 Percentage Change: + 0.41% Day High: 1961.5 Day Low: 1911
Target met. If Hikma experiences continued weakness below 1911, it will i ……..
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View Previous Hikma & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 1095 Percentage Change: -15.64% Day High: 1162.5 Day Low: 1010
Target met. Continued weakness against HL. taking the price below 1010 ca ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 234 Percentage Change: + 2.63% Day High: 239.6 Day Low: 214.4
In the event ITM Power experiences weakness below 214.4 it calculates wit ……..
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View Previous ITM Power & Big Picture ***
LSE:MKS Marks and Spencer Close Mid-Price: 177.65 Percentage Change: -1.85% Day High: 182 Day Low: 176.1
If Marks and Spencer experiences continued weakness below 176.1, it will ……..
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View Previous Marks and Spencer & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 1962 Percentage Change: + 1.55% Day High: 1962 Day Low: 1866
Weakness on Oxford Instruments below 1866 will invariably lead to 1848 wi ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:PHP Primary Health Close Mid-Price: 131.6 Percentage Change: -0.08% Day High: 132.8 Day Low: 129.6
Continued weakness against PHP taking the price below 129.6 calculates as ……..
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View Previous Primary Health & Big Picture ***
LSE:POG Petrop etc Close Mid-Price: 13.21 Percentage Change: -0.38% Day High: 13 Day Low: 10.97
Target met. In the event Petrop etc experiences weakness below 10.97 it c ……..
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View Previous Petrop etc & Big Picture ***
LSE:POLY Polymetal. Close Mid-Price: 1100.5 Percentage Change: + 2.80% Day High: 1118 Day Low: 1010.5
Target met. If Polymetal experiences continued weakness below 1010.5, it ……..
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View Previous Polymetal & Big Picture ***
LSE:RBD Reabold Resources PLC. Close Mid-Price: 0.29 Percentage Change: + 11.54% Day High: 0.29 Day Low: 0.26
Continued trades against RBD with a mid-price ABOVE 0.29 should improve t ……..
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View Previous Reabold Resources PLC & Big Picture ***
LSE:RMG Royal Mail Close Mid-Price: 402.2 Percentage Change: -2.92% Day High: 414.8 Day Low: 401.4
If Royal Mail experiences continued weakness below 401.4, it will invaria ……..
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View Previous Royal Mail & Big Picture ***
LSE:SDY Speedyhire Close Mid-Price: 54.1 Percentage Change: -2.17% Day High: 55.4 Day Low: 54.3
Weakness on Speedyhire below 54.3 will invariably lead to 52.5 with secon ……..
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View Previous Speedyhire & Big Picture ***
LSE:SPX Spirax. Close Mid-Price: 11555 Percentage Change: + 0.96% Day High: 11725 Day Low: 11185
Continued weakness against SPX taking the price below 11,185 calculates a ……..
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View Previous Spirax & Big Picture ***