#FTSE #NK225
Our weekly delve into Europe to search for shares becoming interesting revealed yet another automotive related organisation, ALD [EU:ALD]. Perhaps the threat of Europe mobilising s throwing extra energy toward the leasing markets. In fairness, ALD claim to be active in 43 countries worldwide and while their name may not be familiar, the fact they are the vehicle leasing arm of finance giant, Societe Generale, inspires more than a touch of confidence.
Our fascination with ALD comes from both a Big Picture perspective and also, from the near term. At time of writing, trading around 13.76€, visually, there’s quite a strong suggestion movement exceeding just 14.1 should promote some growth to an initial 14.9€.
By many standards, such a target ambition is liable to become quite a big deal.
Achieving our 14.9 target accomplishes a series of little victories. Firstly, it takes the price above the downtrend since 2018. Secondly, if betters the pre-pandemic high around 14€. And third, is describes a higher high, quite literally the best price achieved since 2018. And forth, it also gives a conclusive chance for the share price to close above the visual ‘Glass Ceiling’ which loiters at the 14€ level. As a result, we harbour considerable hope movement such as this shall fuel a long term success, if only due to the plethora of boxes being ticked.
In the event the share price manages to close above the 14.9 Euro level, we suspect a future movement capable of challenging its previous all time highs with a target level at 16€. If bettered, brand new heights become possible with a third target level at 19.3€.
By every conventional standard, ALD appear worth keeping an eye on.
For trouble to rear its head (such as announcing they intend supporting the resurrection of British marques such as Rover, Morris, or Hillman…) the price needs slump below 11 as this calculates with a reversal potential to an initial 9.4 with secondary, if broken, at a probable bottom of 8€. As can be assumed, nothing currently threatens such a calamity.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:56:11PM | BRENT | 111.75 | ‘cess | ||||||||
| 9:57:51PM | GOLD | 1815 | ‘cess | ||||||||
| 10:05:15PM | FTSE | 7536 | 7452 | 7433 | 7397 | 7495 | 7543 | 7577 | 7619 | 7488 | ‘cess |
| 10:08:57PM | FRANCE | 6446 | Success | ||||||||
| 10:11:41PM | GERMANY | 14262 | |||||||||
| 10:21:11PM | US500 | 4093.8 | ‘cess | ||||||||
| 10:26:00PM | DOW | 32678 | ‘cess | ||||||||
| 10:27:54PM | NASDAQ | 12572 | Success | ||||||||
| 10:29:51PM | JAPAN | 26830 | 26594 | 26504 | 26380 | 26718 | 26871 | 27031 | 27233 | 26723 |
17/05/2022 FTSE Closed at 7518 points. Change of 0.72%. Total value traded through LSE was: £ 5,965,741,785 a change of -1.9%
16/05/2022 FTSE Closed at 7464 points. Change of 0.62%. Total value traded through LSE was: £ 6,081,329,244 a change of -11.87%
13/05/2022 FTSE Closed at 7418 points. Change of 2.56%. Total value traded through LSE was: £ 6,900,608,037 a change of -14.47%
12/05/2022 FTSE Closed at 7233 points. Change of -1.55%. Total value traded through LSE was: £ 8,068,175,968 a change of -13.29%
11/05/2022 FTSE Closed at 7347 points. Change of 1.44%. Total value traded through LSE was: £ 9,304,334,633 a change of 45.01%
10/05/2022 FTSE Closed at 7243 points. Change of 0.37%. Total value traded through LSE was: £ 6,416,543,760 a change of 2.54%
9/05/2022 FTSE Closed at 7216 points. Change of -2.31%. Total value traded through LSE was: £ 6,257,631,157 a change of -11.88%
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:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:ECO ECO (Atlantic) O & G** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:RKH Rockhopper** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **
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Updated charts published on : Barclays, Cellular Goods, ECO (Atlantic) O & G, International Personal Finance, National Glib, Rockhopper, Standard Chartered, Vodafone,
LSE:BARC Barclays. Close Mid-Price: 155.86 Percentage Change: + 2.74% Day High: 157.08 Day Low: 152.18
All Barclays needs are mid-price trades ABOVE 157.08 to improve accelerat ……..
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View Previous Barclays & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 1.85 Percentage Change: -2.63% Day High: 1.95 Day Low: 1.85
If Cellular Goods experiences continued weakness below 1.85, it will inva ……..
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View Previous Cellular Goods & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 28.4 Percentage Change: + 6.17% Day High: 28.5 Day Low: 26.75
Continued trades against ECO with a mid-price ABOVE 28.5 should improve t ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 86.2 Percentage Change: -3.79% Day High: 91 Day Low: 84.5
Weakness on International Personal Finance below 84.5 will invariably lea ……..
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View Previous International Personal Finance & Big Picture ***
LSE:NG. National Glib. Close Mid-Price: 1237 Percentage Change: + 0.69% Day High: 1239 Day Low: 1219.5
Continued trades against NG. with a mid-price ABOVE 1239 should improve t ……..
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View Previous National Glib & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 8.19 Percentage Change: + 2.37% Day High: 8.28 Day Low: 7.54
This feels unhappy, pointing at movement below 7.5 bringing an initial 7.2 ……..
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View Previous Rockhopper & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 591.8 Percentage Change: + 0.71% Day High: 599.6 Day Low: 586.8
All Standard Chartered needs are mid-price trades ABOVE 599.6 to improve ……..
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View Previous Standard Chartered & Big Picture ***
LSE:VOD Vodafone. Close Mid-Price: 120.3 Percentage Change: + 0.20% Day High: 121.08 Day Low: 115.02
This is behaving badly, now suggesting below 115 shall bring reversal to a ……..
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View Previous Vodafone & Big Picture ***