#Gold #SP500
It’s tempting to describe Chariot’s share price as going through a ‘Transitional Phase’. The company website employs the buzzword, doubtless approved by committee, to describe their work in Africa; ‘Transitional Gas’ and ‘Transitional Energy’. Only when digging a little deeper does one discover the term is meaningless when applied to their operations. Essentially, ‘transitional’ tends imply a temporary something which shall pass, yet the company appears to be making solid inroads to its target markets.
We’d to permit a snigger where the company proclaim a potential benefit to communities in Africa by reducing dependency on energy imports, thereby lowering bills etc. Try telling that to anyone who stays in Scotland, self sufficient in electricity due to wind/hydro/ etc and obviously self sufficient on oil. As a result of these real life bonus’s, among the most expensive energy in Europe is, of course, in Scotland…
Share price movements in the last few sessions tend fortify a belief something substantial is taking place and with the price currently trading around 22.8p, it appears we can allocate 24.3p as a sane trigger level which should promote further growth. Apparently this trigger level should be quite a big deal, capable of exceeding the highs at the start of 2018 and moving immediate gain potentials into Big Picture territory. In other words, above just 24.3p calculates with the potential of an initial 32p with secondary, if bettered, a longer term 42p.
To spoil the party, the share price needs relax below Blue on the chart, a long term downtrend currently around 13p. Without exaggeration, a mess such as this could prove quite dreadful as a decline to an eventual 2p becomes possible.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:15:24PM | BRENT | 107.55 | ‘cess | ||||||||
| 10:17:43PM | GOLD | 1932.87 | 1916 | 1908 | 1895 | 1926 | 1937 | 1947 | 1958 | 1925 | |
| 10:20:17PM | FTSE | 7558 | |||||||||
| 10:22:32PM | FRANCE | 6750.8 | ‘cess | ||||||||
| 10:24:46PM | GERMANY | 14552.32 | ‘cess | ||||||||
| 10:26:51PM | US500 | 4582.37 | 4535 | 4523 | 4502 | 4557 | 4586 | 4591 | 4615 | 4566 | Success |
| 10:29:02PM | DOW | 34906.6 | |||||||||
| 10:30:52PM | NASDAQ | 15156.62 | |||||||||
| 10:32:40PM | JAPAN | 27946 | ‘cess |
4/04/2022 FTSE Closed at 7558 points. Change of 0.28%. Total value traded through LSE was: £ 4,974,492,195 a change of -8.16%
1/04/2022 FTSE Closed at 7537 points. Change of 0.29%. Total value traded through LSE was: £ 5,416,602,044 a change of -16.69%
31/03/2022 FTSE Closed at 7515 points. Change of -0.83%. Total value traded through LSE was: £ 6,501,691,261 a change of -12.58%
30/03/2022 FTSE Closed at 7578 points. Change of 0.54%. Total value traded through LSE was: £ 7,437,044,011 a change of -7.97%
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%
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:ASC Asos** **LSE:BARC Barclays** **LSE:DDDD 4D Pharma** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:JET Just Eat** **LSE:TRN The Trainline** **
********
Updated charts published on : Asos, Barclays, 4D Pharma, MAN, Foxtons, British Airways, Just Eat, The Trainline,
LSE:ASC Asos. Close Mid-Price: 1770 Percentage Change: + 10.07% Day High: 1783 Day Low: 1623
Something appears to be happening as movement above 1783 now signals the p ……..
</p
View Previous Asos & Big Picture ***
LSE:BARC Barclays Close Mid-Price: 146.3 Percentage Change: -0.50% Day High: 150.04 Day Low: 142.56
Continued weakness against BARC taking the price below 142.0 calculates as ……..
</p
View Previous Barclays & Big Picture ***
LSE:DDDD 4D Pharma. Close Mid-Price: 40.8 Percentage Change: + 2.26% Day High: 42 Day Low: 39.25
This is getting pretty dire as below 39 now suggests further reversal to a ……..
</p
View Previous 4D Pharma & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 238.7 Percentage Change: + 1.06% Day High: 240.3 Day Low: 236.6
In the event of MAN enjoying further trades beyond 241, the share should ……..
</p
View Previous MAN & Big Picture ***
LSE:FOXT Foxtons. Close Mid-Price: 45.75 Percentage Change: + 3.16% Day High: 46 Day Low: 43
Target Met. All Foxtons needs are mid-price trades ABOVE 46 to improve acc ……..
</p
View Previous Foxtons & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 141.8 Percentage Change: + 0.44% Day High: 143.12 Day Low: 138.48
Now above 147 should give some hope, calculating with the potential of an ……..
</p
View Previous British Airways & Big Picture ***
LSE:JET Just Eat. Close Mid-Price: 2960 Percentage Change: + 6.94% Day High: 2968 Day Low: 2791.5
Continued trades against JET with a mid-price ABOVE 2968 should improve th ……..
</p
View Previous Just Eat & Big Picture ***
LSE:TRN The Trainline. Close Mid-Price: 273 Percentage Change: + 6.18% Day High: 271.8 Day Low: 257
Further movement against The Trainline ABOVE 273 should now improve accele ……..
</p
View Previous The Trainline & Big Picture ***