Will Natwest get mud on its face?

#Brent #Dax

Share prices can behave like dogs. Sometimes, you just don’t know what they’ll do next. Easter monday and the familiar dog route – without needing a waxed cotton jacket for the first time this year – proved memorable. The almost white Golden Retriever decided she had always wanted to try chocolate brown, nose diving into a peat bog. Natwest share price is starting to feel poised for trouble also, the share enjoying plenty of reasons to head upward, yet refusing to do so.

It begs the question, do Natwest intend head into a peat bog?

Currently the share price needs decline below 206p to suggest coming trauma as such a movement risks promoting reversal to an initial 192p. If broken, our secondary calculation runs deep at 181p, effectively matching the depths of the Russia drop in March. Visually, should such a number appear, there’s certainly considerable hope for a bounce.

However, we remain slightly optimistic for Natwest, due to the pattern of price movements during the last few months. The immediate situation hints, quite strongly, of movement above 226p being capable of a lift to 236p next with our longer term secondary working out at 260p, an ambition which should prove game changing for the share.

All Natwest need to is to start moving…

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:10:55PM	BRENT	111.84	109.7	108.41	106.56	112.25	112.77	114.16	119.78	109.73
10:12:42PM	GOLD	1979.34								1982
10:14:30PM	FTSE	7615.37								7600
10:16:09PM	FRANCE	6559								6560
10:17:44PM	GERMANY	14133.96	13964	13908	13823	14065	14159	14175	14246	14071
10:19:12PM	US500	4405.27								4394
10:21:05PM	DOW	34495								34467
10:22:23PM	NASDAQ	13969								13925
10:23:55PM	JAPAN	26919								26882

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

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:BDEV Barrett Devs** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:STAN Standard Chartered** **

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Updated charts published on : Asos, Barrett Devs, Centamin, Darktrace Plc, Just Eat, Parkmead, Standard Chartered,

LSE:ASC Asos. Close Mid-Price: 1465 Percentage Change: + 0.07% Day High: 1495 Day Low: 1445

If Asos experiences continued weakness below 1445, it will invariably lead ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 508.6 Percentage Change: + 1.19% Day High: 509 Day Low: 494.7

Target met. In the event Barrett Devs experiences weakness below 494, it c ……..

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LSE:CEY Centamin Close Mid-Price: 97.24 Percentage Change: -1.44% Day High: 99.42 Day Low: 97.74

Above just 102 should indicate a change of tempo, allowing movement to an ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 364.9 Percentage Change: -8.73% Day High: 418.6 Day Low: 364

If Darktrace Plc experiences continued weakness below 364, it will invari ……..

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LSE:JET Just Eat Close Mid-Price: 2252.5 Percentage Change: -5.73% Day High: 2379.5 Day Low: 2250.5

Weakness on Just Eat below 2250.5 will invariably lead to 2198p with seco ……..

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LSE:PMG Parkmead. Close Mid-Price: 55.7 Percentage Change: + 0.54% Day High: 56.8 Day Low: 56.8

Parkmead still needs trades above 60 to suggest recovery to an initial 67 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 508.4 Percentage Change: + 1.19% Day High: 511.2 Day Low: 499.1

Now above 526 suggests sharp movement to an initial 555 with secondary, if ……..

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