#Gold #SP500
Mr Putin must surely be due a Nobel Prize for Medicine. To judge by media reporting, in the space of just 24 hours, he eradicated Covid-19 as an issue in Europe. Normality, while a bit tongue in cheek, has returned faster than expected. In our weekly trawl of European shares starting to look interesting, Airbus has popped up, maybe thanks to an issue last year.
Our prior report on Airbus last October proposed reversals to an initial 97€ with secondary at 85€. In November 2021, the price reversed to 95 but crucially, did not close a single session below 98 euro and this perhaps indicates some strength. Certainly, in the period since, the price successfully bounced up from the 97 level to 120€ and is presently trading around 115€.
The immediate situation is fairly interesting, suggesting movements exceeding 117 should next promote a change in altitude to an initial 125€, a fairly significant number as it’s a “higher high”. Our longer term secondary ambition calculates at 140€, suspiciously exactly matching the share price highs before the pandemic hit the fan.
Should Airbus plan any form of emergency descent, the share price currently needs trade below 105€ as this works out with the potential of reversal to an initial 95 with secondary, if broken, a less likely trip down to 76€ and hopefully a bounce. For now, we suspect they shall prove worth keeping an eye on as price recovery looks increasingly likely.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:03:58PM | BRENT | 98.08 | |||||||||
| 10:05:34PM | GOLD | 1910.24 | 1890 | 1875 | 1857 | 1903 | 1919 | 1923 | 1928 | 1906 | |
| 10:07:33PM | FTSE | 7393.15 | |||||||||
| 10:09:41PM | FRANCE | 6563.7 | |||||||||
| 10:12:06PM | GERMANY | 14290 | |||||||||
| 10:31:43PM | US500 | 4373 | 4304 | 4276 | 4239 | 4359 | 4388 | 4408 | 4429 | 4351 | |
| 10:33:51PM | DOW | 33872 | |||||||||
| 10:35:56PM | NASDAQ | 14223 | Shambles | ||||||||
| 10:37:48PM | JAPAN | 26624 |
28/02/2022 FTSE Closed at 7458 points. Change of -0.41%. Total value traded through LSE was: £ 10,147,661,297 a change of 20.2%
25/02/2022 FTSE Closed at 7489 points. Change of 3.91%. Total value traded through LSE was: £ 8,442,124,681 a change of -14.64%
24/02/2022 FTSE Closed at 7207 points. Change of -3.88%. Total value traded through LSE was: £ 9,889,574,342 a change of 64.76%
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%
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:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:TERN Tern Plc** **
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Updated charts published on : Glencore Xstra, Igas Energy, International Personal Finance, National Glib, Omega Diags, OPG Power Ventures, Oxford Instruments, Petrop etc, Polymetal, Tern Plc,
LSE:GLEN Glencore Xstra. Close Mid-Price: 442.15 Percentage Change: + 0.68% Day High: 446.85 Day Low: 436.35
Further movement against Glencore Xstra ABOVE 446.85 should improve accel ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:IGAS Igas Energy. Close Mid-Price: 22.35 Percentage Change: + 19.20% Day High: 22.5 Day Low: 19
Target met. All Igas Energy needs are mid-price trades ABOVE 22.5 to impr ……..
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View Previous Igas Energy & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 112 Percentage Change: -6.20% Day High: 124 Day Low: 111
Target met. Weakness on International Personal Finance below 111 will inv ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 332.2 Percentage Change: + 19.84% Day High: 349.2 Day Low: 273
Target met. All ITM Power needs are mid-price trades ABOVE 349.2 to impro ……..
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View Previous ITM Power & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1130.8 Percentage Change: + 2.74% Day High: 1132 Day Low: 1097
Target met. Further movement against National Glib ABOVE 1132 should impr ……..
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View Previous National Glib & Big Picture ***
LSE:ODX Omega Diags Close Mid-Price: 4.62 Percentage Change: -0.54% Day High: 4.65 Day Low: 4.42
Continued weakness against ODX taking the price below 4.42 calculates as ……..
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View Previous Omega Diags & Big Picture ***
LSE:OPG OPG Power Ventures Close Mid-Price: 8.75 Percentage Change: -5.41% Day High: 9.25 Day Low: 8.75
Weakness on OPG Power Ventures below 8.75 will invariably lead to 8.5 wit ……..
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View Previous OPG Power Ventures & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 2665 Percentage Change: + 31.93% Day High: 2770 Day Low: 2000
All Oxford Instruments needs are mid-price trades ABOVE 2770 to improve a ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:POG Petrop etc Close Mid-Price: 8 Percentage Change: -15.70% Day High: 8.88 Day Low: 6.92
Target met. Weakness on Petrop etc below 6.92 will invariably lead to 5.6 ……..
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View Previous Petrop etc & Big Picture ***
LSE:POLY Polymetal Close Mid-Price: 351.2 Percentage Change: -56.01% Day High: 563.6 Day Low: 290
Target met. In the event Polymetal experiences weakness below 290 it calc ……..
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View Previous Polymetal & Big Picture ***
LSE:TERN Tern Plc. Close Mid-Price: 10.75 Percentage Change: + 0.00% Day High: 11 Day Low: 9.75
If Tern Plc experiences continued weakness below 9.75, it will invariably ……..
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View Previous Tern Plc & Big Picture ***