#FTSE #NK225
The national airline of Canada, probably still suffers from the draconian dictatorship of Trudeau. His fixed smile, while receiving a verbal pounding in the European parliament was a joy to behold. But it begged the question, why did other countries not follow suit? It made sense not to allow folk on planes, trains, or boats without proof of vaccine as the aim was to stop the spread of Covid.
The UK, on the other hand, was quite happy to permit the germ to spread to each of the home nations with no inhibition on travel. Even now, British Airways have declared pandemic regulations are a thing of the past, while Canada remains robust in its requirement, keeping people from travelling if they cannot provide proof of vaccination. While some of the Canadian PM’s tactics remain extremely questionable (freezing bank accounts, calling out the military, impounding vehicles), there can be no doubt his efforts, despite making communist China look like beginners, were intended to protect the country. Meanwhile, the UK Prime Minister is the recipient of 20 Police Fines for parties during lockdown.
Even from April 1st and a much publicised alteration in demands, slight changes in Canadian requirements look unlikely to provoke a surge in bookings for Air Canada as proof of vaccine is still required before crossing into the country.
However, in our trawl of Most Active shares outside the UK, the Toronto stock exchange revealed Air Canada as becoming popular. At time of writing, the share is trading around $24.5CAD and also started this week with an interesting price movement. At the open on Monday 29th March, the share was gapped up above the downtrend which commenced pre-pandemic. Hopefully this little nudge in the right direction proves viable as it opens the door for an uphill cycle to commence to 37 next with secondary, if exceeded, a long term $45CAD. We’re currently showing a near term threat of some hesitation at the 29 level, suspecting this shall prove fleeting if the pandemic continues to retreat into the dark realms of memory.
For everything to go horribly wrong, Air Canada needs below 20. Weakness such as this will threaten reversal to 14.5 with secondary, if broken, down at 10 and hopefully a bottom capable of a real bounce.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:28:33PM | BRENT | 108.56 | ‘cess | ||||||||
| 9:36:14PM | GOLD | 1919.14 | Success | ||||||||
| 9:37:54PM | FTSE | 7556.8 | 7503 | 7477 | 7441 | 7526 | 7585 | 7601 | 7622 | 7550 | Success |
| 9:39:41PM | FRANCE | 6814.5 | Success | ||||||||
| 9:41:38PM | GERMANY | 14838.5 | Success | ||||||||
| 9:44:29PM | US500 | 4630.23 | ‘cess | ||||||||
| 9:46:21PM | DOW | 35285.7 | Success | ||||||||
| 9:49:28PM | NASDAQ | 15231.22 | Success | ||||||||
| 9:51:52PM | JAPAN | 28509 | 28260 | 28120 | 27949 | 28393 | 28633 | 28731 | 28864 | 28352 | Success |
29/03/2022 FTSE Closed at 7537 points. Change of 0.86%. Total value traded through LSE was: £ 8,081,315,259 a change of 39.66%
28/03/2022 FTSE Closed at 7473 points. Change of -0.13%. Total value traded through LSE was: £ 5,786,403,389 a change of -6.97%
25/03/2022 FTSE Closed at 7483 points. Change of 0.21%. Total value traded through LSE was: £ 6,219,662,517 a change of -9.68%
24/03/2022 FTSE Closed at 7467 points. Change of 0.09%. Total value traded through LSE was: £ 6,886,600,225 a change of 4.56%
23/03/2022 FTSE Closed at 7460 points. Change of -0.21%. Total value traded through LSE was: £ 6,586,106,936 a change of -2.72%
22/03/2022 FTSE Closed at 7476 points. Change of 0.46%. Total value traded through LSE was: £ 6,769,927,193 a change of 15.91%
21/03/2022 FTSE Closed at 7442 points. Change of 0.51%. Total value traded through LSE was: £ 5,840,589,175 a change of -56.99%
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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:SRP Serco** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **
********
Updated charts published on : Aston Martin, Aviva, Astrazeneca, MAN, Experian, Intercontinental Hotels Group, Intertek, Just Eat, Petrop etc, Polymetal, Serco, Tesco, VICTORIA,
LSE:AML Aston Martin. Close Mid-Price: 1029.5 Percentage Change: + 10.68% Day High: 1031 Day Low: 907.4
Target met. Further movement against Aston Martin ABOVE 1031 should impro ……..
</p
View Previous Aston Martin & Big Picture ***
LSE:AV. Aviva. Close Mid-Price: 458.2 Percentage Change: + 2.62% Day High: 461 Day Low: 448.6
In the event of Aviva enjoying further trades beyond 461, the share shoul ……..
</p
View Previous Aviva & Big Picture ***
LSE:AZN Astrazeneca. Close Mid-Price: 10046 Percentage Change: + 1.54% Day High: 10098 Day Low: 9923
Further movement against Astrazeneca ABOVE 10098 should improve accelerat ……..
</p
View Previous Astrazeneca & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 236.3 Percentage Change: + 4.65% Day High: 237 Day Low: 230
Target met. In the event of MAN enjoying further trades beyond 237, the s ……..
</p
View Previous MAN & Big Picture ***
LSE:EXPN Experian. Close Mid-Price: 3068 Percentage Change: + 1.52% Day High: 3147 Day Low: 3041
Target met. All Experian needs are mid-price trades ABOVE 3147 to improve ……..
</p
View Previous Experian & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5338 Percentage Change: + 2.14% Day High: 5350 Day Low: 5248
Continued trades against IHG with a mid-price ABOVE 5376 should improve t ……..
</p
View Previous Intercontinental Hotels Group & Big Picture ***
LSE:ITRK Intertek. Close Mid-Price: 5306 Percentage Change: + 3.84% Day High: 5358 Day Low: 5144
All Intertek needs are mid-price trades ABOVE 5358 to improve acceleratio ……..
</p
View Previous Intertek & Big Picture ***
LSE:JET Just Eat. Close Mid-Price: 2781.5 Percentage Change: + 5.68% Day High: 2838.5 Day Low: 2718
Target met. Continued trades against JET with a mid-price ABOVE 2840 shou ……..
</p
View Previous Just Eat & Big Picture ***
LSE:POG Petrop etc. Close Mid-Price: 4.98 Percentage Change: + 66.00% Day High: 4.95 Day Low: 2.9
Target met. Further movement against Petrop etc ABOVE 4.95 should improve ……..
</p
View Previous Petrop etc & Big Picture ***
LSE:POLY Polymetal. Close Mid-Price: 339 Percentage Change: + 39.51% Day High: 341 Day Low: 281.1
Target met. In the event of Polymetal enjoying further trades beyond 341, ……..
</p
View Previous Polymetal & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 145.9 Percentage Change: + 0.62% Day High: 147.8 Day Low: 144.8
All Serco needs are mid-price trades ABOVE 147.8 to improve acceleration ……..
</p
View Previous Serco & Big Picture ***
LSE:TSCO Tesco. Close Mid-Price: 280.25 Percentage Change: + 0.00% Day High: 283.25 Day Low: 278.9
Further movement against Tesco ABOVE 283.25 should improve acceleration t ……..
</p
View Previous Tesco & Big Picture ***
LSE:VOG VICTORIA Close Mid-Price: 3.85 Percentage Change: -3.75% Day High: 4 Day Low: 3.85
Weakness on VICTORIA below 3.85 will invariably lead to 3p with secondary ……..
</p
View Previous VICTORIA & Big Picture ***