#FTSE #Nasdaq
Our weekly glance into Europe revealed wind turbine designer and manufacturer have a share price which appears on the verge of doing quite well again. A day spent across on the mainland, visiting Edinburgh, revealed with painful clarity how intrusive these machines are, spreading across the boring landscape beside the motorway. Thankfully, living in a National Park here in Argyll, we are pretty well insulated from the visual blight windfarms bring.
Obviously, the Russia thing has been having an affect on share prices but there’s something slightly interesting about the picture Nordex present. Their share price obviously exceeded the pre-pandemic level toward the end of 2020, the period since experiencing strong growth. We’d expected this period of growth to fade away around the 26€ level but the share price almost made it to 30€ before experiencing some reversal. Than something quite odd happened.
Once a series of “higher highs” had been explored, the price commenced reversal, rather neatly down to the level achieved pre-pandemic. We wonder if this sort of behaviour should be anticipated in the UK, when shares start to exceed their pre-pandemic highs. Perhaps, of course, the Russia thing shall derail optimism of course.
Near term, the situation feels like movement above 18€ should promote price growth to an initial 21.8 with secondary, if bettered, at 30 euro. In fact, if we’re generous, we can point to a future 37€ as exerting a really distant attraction for this share price. Hopefully none of their windfarm salesmen opt to knock on our door as we’re inclined toward the windmills being placed in the sea or toward the better green option, nuclear power.
For everything to go horribly wrong for Nordex, the share price needs below 12€
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:10:14PM | BRENT | 127.75 | |||||||||
| 11:12:38PM | GOLD | 2049.93 | Success | ||||||||
| 11:15:00PM | FTSE | 7004.25 | 6980 | 6959 | 6907 | 7024 | 7070 | 7134 | 7176 | 7006 | ‘cess |
| 11:17:33PM | FRANCE | 6092.7 | Success | ||||||||
| 11:19:55PM | GERMANY | 13002.52 | Success | ||||||||
| 11:22:02PM | US500 | 4160.42 | ‘cess | ||||||||
| 11:34:16PM | DOW | 32642.9 | ‘cess | ||||||||
| 11:37:23PM | NASDAQ | 13250 | 13181 | 13110 | 12925 | 13363 | 13424 | 13464 | 13559 | 13270 | Shambles |
| 11:39:53PM | JAPAN | 24787 | Success |
8/03/2022 FTSE Closed at 6964 points. Change of 0.07%. Total value traded through LSE was: £ 9,232,494,481 a change of -9.7%
7/03/2022 FTSE Closed at 6959 points. Change of -0.4%. Total value traded through LSE was: £ 10,224,193,154 a change of 15.38%
4/03/2022 FTSE Closed at 6987 points. Change of -3.47%. Total value traded through LSE was: £ 8,861,498,669 a change of 14.29%
3/03/2022 FTSE Closed at 7238 points. Change of -2.57%. Total value traded through LSE was: £ 7,753,530,217 a change of -3.98%
2/03/2022 FTSE Closed at 7429 points. Change of 1.35%. Total value traded through LSE was: £ 8,074,541,610 a change of -5.31%
1/03/2022 FTSE Closed at 7330 points. Change of -1.72%. Total value traded through LSE was: £ 8,527,347,509 a change of -15.97%
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%
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:AZN Astrazeneca** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:HL. Hargreaves Lansdown** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:ITM ITM Power** **LSE:OCDO Ocado Plc** **LSE:PMG Parkmead** **LSE:SCLP Scancell** **LSE:SNN Sanne Plc** **LSE:TLW Tullow** **
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Updated charts published on : Astrazeneca, Carnival, Centamin, Diageo, Experian, Fresnillo, Hargreaves Lansdown, Hurrican Energy, Igas Energy, ITM Power, Ocado Plc, Parkmead, Scancell, Sanne Plc, Tullow,
LSE:AZN Astrazeneca. Close Mid-Price: 8747 Percentage Change: + 1.11% Day High: 8783 Day Low: 8521
This currently needs above 8844 to provoke an initial 9467 with secondary, ……..
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View Previous Astrazeneca & Big Picture ***
LSE:CCL Carnival Close Mid-Price: 1092.2 Percentage Change: -2.67% Day High: 1149 Day Low: 1047
Weakness on Carnival below 1047 will invariably lead to 956 with secondar ……..
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View Previous Carnival & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 109.75 Percentage Change: + 3.20% Day High: 110.85 Day Low: 104.65
All Centamin needs are mid-price trades ABOVE 110.85 to improve accelerat ……..
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View Previous Centamin & Big Picture ***
LSE:DGE Diageo Close Mid-Price: 3343 Percentage Change: -0.16% Day High: 3416.5 Day Low: 3282.5
Weakness on Diageo below 3282.5 will invariably lead to 3155 with seconda ……..
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View Previous Diageo & Big Picture ***
LSE:EXPN Experian Close Mid-Price: 2706 Percentage Change: -4.31% Day High: 2827 Day Low: 2702
Target met. Continued weakness against EXPN taking the price below 2702 c ……..
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View Previous Experian & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 808.4 Percentage Change: + 9.33% Day High: 816.4 Day Low: 756.4
Continued trades against FRES with a mid-price ABOVE 816.4 should improve ……..
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View Previous Fresnillo & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 997.8 Percentage Change: -0.02% Day High: 1007 Day Low: 961.8
Weakness on Hargreaves Lansdown below 961.8 will invariably lead to 887 w ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:HUR Hurrican Energy. Close Mid-Price: 11 Percentage Change: + 25.00% Day High: 10.99 Day Low: 9.19
Target met. All Hurrican Energy needs are mid-price trades ABOVE 10.99 to ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:IGAS Igas Energy. Close Mid-Price: 26.85 Percentage Change: + 36.47% Day High: 26.5 Day Low: 19.05
Target met. Continued trades against IGAS with a mid-price ABOVE 26.5 sho ……..
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View Previous Igas Energy & Big Picture ***
LSE:ITM ITM Power. Close Mid-Price: 406.2 Percentage Change: + 15.59% Day High: 406.4 Day Low: 354.8
Target met. Further movement against ITM Power ABOVE 406.4 should improve ……..
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View Previous ITM Power & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 1105 Percentage Change: -6.40% Day High: 1169.5 Day Low: 1060.5
Target met. Weakness on Ocado Plc below 1060.5 will invariably lead to 10 ……..
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View Previous Ocado Plc & Big Picture ***
LSE:PMG Parkmead Close Mid-Price: 56 Percentage Change: -1.75% Day High: 60 Day Low: 55
All Parkmead needs are mid-price trades ABOVE 60 to improve acceleration ……..
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View Previous Parkmead & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 11.38 Percentage Change: -2.15% Day High: 11.62 Day Low: 11.12
Target met. In the event Scancell experiences weakness below 11.12 it cal ……..
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View Previous Scancell & Big Picture ***
LSE:SNN Sanne Plc. Close Mid-Price: 912 Percentage Change: + 0.00% Day High: 913 Day Low: 912
This has spent the last 6 months, behaving like a joke awaiting the punchl ……..
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View Previous Sanne Plc & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 62.24 Percentage Change: + 9.58% Day High: 63.26 Day Low: 56.56
Further movement against Tullow ABOVE 63.26 should improve acceleration t ……..
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View Previous Tullow & Big Picture ***