EVE Sleep Plc finally waking up?

#France #Wall_st Despite being a dedicated user of a mattress, every single night, the things were never really allocated any thought until, last year, my wife suddenly decided we needed a new one. With pandemic restrictions, it appeared safer to buy online after checking reviews on each product, most suppliers offering solid guarantees if the buyer was unhappy. So an extraordinary amount of money changed hands for a ‘hybrid’ mattress, the thing even arriving a few days early.

Looking like a big vacuum packed sausage, we carefully followed the instructions, unrolling it onto a spare bed to give it 24 hours to flatten out. The next morning, a shock awaited in the guest bedroom as the slimline mattress had gotten fat overnight, perhaps now about 20 inches thick. When we’d rolled it out, it was around 8 inches thick. The rest is history, we fitted the new mattress and remain suitably impressed as all the reviews about “hybrid” mattress’ turned out to be true. There was even a surprise side effect, the new height of the bed requiring the dog to think carefully before she jumps up.

 

As a result of this sleepy tale, we’ve a certain bias favouring Eve Sleep Plc and when an email asked that we review their share price due to some extraordinary price movements, it became easy to assume word has got around about how good their product is. The share closed the day at 2.8p, a stunning rise of 60%.

Firstly, an item of importance. The Blue downtrend on the chart appears important, the price needing close a session above 3.177 currently to confirm a change of trend. While it did reach 3.4p during the session. the share remains solidly below the downtrend. But price movements were quite encouraging, certainly suggesting there’s more going on than simply over-enthusiastic internet gossip. The immediate situation now suggests above 3.18p could prove capable of a near term gain to 3.75p next. If bettered, our longer term secondary calculates at 5.3p, a price level where the visuals imply some hesitation. Overall, in the event this share closes above Blue, we shall even admit the ruling attraction is from 8.4p, a true wake up call for a share currently trading at 2.8p.

The price needs break Red for panic, currently 1.6p

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:47:55PM BRENT 94.54
9:49:38PM GOLD 1909.55 Shambles
9:52:14PM FTSE 7455.29 ‘cess
9:54:30PM FRANCE 6738 6738 6696 6626 6816 6908 6947 7056 6839 ‘cess
9:56:35PM GERMANY 14496 ‘cess
9:58:57PM US500 4220.62 ‘cess
10:02:26PM DOW 33109 33068 33049 32781 33268 33682 33777 33879 33322 ‘cess
10:04:43PM NASDAQ 13495 Success
10:06:39PM JAPAN 26327 ‘cess

 

23/02/2022 FTSE Closed at 7498 points. Change of 0.05%. Total value traded through LSE was: £ 6,002,308,781 a change of -10.52%
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%

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:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:MKS Marks and Spencer** **LSE:OPG OPG Power Ventures** **LSE:RMG Royal Mail** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **

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Updated charts published on : Aston Martin, BALFOUR BEATTY, Marks and Spencer, OPG Power Ventures, Royal Mail, Sainsbury, Scancell, Speedyhire,

LSE:AML Aston Martin Close Mid-Price: 1002.5 Percentage Change: -8.70% Day High: 1170 Day Low: 1010

Target met. If Aston Martin experiences continued weakness below 1010, it ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 237 Percentage Change: -0.67% Day High: 240.8 Day Low: 236

Weakness on BALFOUR BEATTY below 236 will invariably lead to 225 with sec ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 173.25 Percentage Change: -2.48% Day High: 180.85 Day Low: 173.7

Target met. In the event Marks and Spencer experiences weakness below 173 ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 9.75 Percentage Change: -4.88% Day High: 10.25 Day Low: 9.65

Target met. In the event OPG Power Ventures experiences weakness below 9. ……..

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LSE:RMG Royal Mail Close Mid-Price: 390 Percentage Change: -3.03% Day High: 403.1 Day Low: 390.3

Target met. Weakness on Royal Mail below 390.3 will invariably lead to 38 ……..

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LSE:SBRY Sainsbury Close Mid-Price: 270 Percentage Change: -0.04% Day High: 272.6 Day Low: 268.5

If Sainsbury experiences continued weakness below 268.5, it will invariab ……..

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LSE:SCLP Scancell Close Mid-Price: 13.1 Percentage Change: -4.73% Day High: 13.75 Day Low: 13.03

Target met. Continued weakness against SCLP taking the price below 13.03 ……..

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LSE:SDY Speedyhire Close Mid-Price: 53.2 Percentage Change: -1.66% Day High: 55.2 Day Low: 53.2

Continued weakness against SDY taking the price below 53.2 calculates as ……..

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

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