#Gold #Nasdaq
We received a few emails asking about Comptoir, due to this AIM listed Lebanese themed restaurant chain share price umping by a solid 48%. The reason was fairly straightforward, a return to normality has brought a return to profits. The corporate website is worth a visit, if only due to their homage to the Queen at the bottom of the screen.
It certainly made for a pleasant change, seeing a Brit who isn’t Tommy Cooper wearing a red Fez.
Here in Argyll, there’s a distinct lack of Lebanese cuisine, an absence enhanced by the wonderful collection of Lebanese recipe food on the website. Perhaps next time we take a visit to England, it will be worth trying the experience as the chain don’t have a presence north of the border. Unfortunately, every single experience of food from “that side of the Med” has ensured a thoroughly spoiled holiday and a surprise weight loss regime. Our last trip to Egypt prompted a final travel embargo, thanks to previous culinary disasters on trips to Morocco, Algeria, and Tunisia. However, despite enjoying a ‘sensitive tummy’, the opportunity of trying a nations traditional food from the safety of London holds a certain attraction.
Comptoir share price certainly managed to move faster than myself running to a toilet in Cairo. Despite it closing the day at 8p after a day high at 11.75p, we shall be curious should it now find sufficient impetus to exceed 10.9p. Movement such as this is liable to now trigger a dash in the direction of 15p next. We tend suspect some hesitation at such a level, should it grace our screens, if only due to a prior high back in 2019. Sometimes the prospect of a glass ceiling becomes a self fulfilling prophecy. However, above 15p calculates with the potential of 18.5p as a secondary, a target level we’re not currently inclined to hold out hope for.
Closure above 15p shall become quite a big deal in the longer term, effectively placing the price in a region with the potential of a distant 29p.
Alas, there is a small problem with all this optimism and it comes from the faint Grey trendline on the chart. (see inset) This line represents the shares closing price highs since 2019 and for some reason, the market refused to let the share close above this particular trend, despite the price being substantially higher during the session. This behaviour gives a worrying message of the market keeping an eye on the share, along with an unpleasant threat of below 7.75p triggering reversal back to 5.25p, entrenching the price until such time a future excuse is discovered for another attempt at growth.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:31:01PM | BRENT | 117.67 | ‘cess | ||||||||
| 9:34:08PM | GOLD | 1855.87 | 1847 | 1845 | 1841 | 1861 | 1863 | 1872 | 1883 | 1851 | Shambles |
| 9:36:58PM | FTSE | 7611.9 | ‘cess | ||||||||
| 9:39:26PM | FRANCE | 6565.2 | ‘cess | ||||||||
| 9:41:19PM | GERMANY | 14587 | |||||||||
| 10:10:32PM | US500 | 4180.1 | Success | ||||||||
| 10:12:57PM | DOW | 33299 | ‘cess | ||||||||
| 10:14:47PM | NASDAQ | 12816 | 12715 | 12673 | 12604 | 12802 | 12882 | 12907 | 12966 | 12828 | |
| 10:16:56PM | JAPAN | 27321 | Success |
30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%
27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%
26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%
25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%
24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%
23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%
20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%
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:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:IAG British Airways** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **
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Updated charts published on : Aviva, Astrazeneca, Barclays, Cellular Goods, Diageo, ECO (Atlantic) O & G, MAN, British Airways, Natwest, Ocado Plc, Rolls Royce, Serco, Standard Chartered, Tern Plc, The Trainline,
LSE:AV. Aviva Close Mid-Price: 434.7 Percentage Change: -1.41% Day High: 443.2 Day Low: 433.7
Further movement against Aviva ABOVE 443.2 should improve acceleration to ……..
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View Previous Aviva & Big Picture ***
LSE:AZN Astrazeneca Close Mid-Price: 10468 Percentage Change: -1.06% Day High: 10676 Day Low: 10396
All Astrazeneca needs are mid-price trades ABOVE 10676 to improve acceler ……..
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View Previous Astrazeneca & Big Picture ***
LSE:BARC Barclays. Close Mid-Price: 171.22 Percentage Change: + 0.49% Day High: 173.34 Day Low: 170.12
Target met. Continued trades against BARC with a mid-price ABOVE 173.34 s ……..
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View Previous Barclays & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 1.7 Percentage Change: -2.86% Day High: 1.7 Day Low: 1.45
If Cellular Goods experiences continued weakness below 1.45, it will inva ……..
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View Previous Cellular Goods & Big Picture ***
LSE:DGE Diageo. Close Mid-Price: 3668.5 Percentage Change: + 0.69% Day High: 3712.5 Day Low: 3649
Further movement against Diageo ABOVE 3712.5 should improve acceleration ……..
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View Previous Diageo & Big Picture ***
LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 29.3 Percentage Change: + 3.90% Day High: 29.5 Day Low: 28.5
In the event of ECO (Atlantic) O & G enjoying further trades beyond 29.5, ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:EMG MAN. Close Mid-Price: 259.6 Percentage Change: + 0.70% Day High: 264.6 Day Low: 257.2
All MAN needs are mid-price trades ABOVE 264.6 to improve acceleration to ……..
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View Previous MAN & Big Picture ***
LSE:IAG British Airways. Close Mid-Price: 135.04 Percentage Change: + 3.49% Day High: 136.9 Day Low: 133.42
Continued trades against IAG with a mid-price ABOVE 136.9 should improve ……..
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View Previous British Airways & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 228.9 Percentage Change: + 0.75% Day High: 231.7 Day Low: 228.1
Further movement against Natwest ABOVE 231.7 should improve acceleration ……..
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View Previous Natwest & Big Picture ***
LSE:OCDO Ocado Plc. Close Mid-Price: 935.2 Percentage Change: + 3.75% Day High: 944.8 Day Low: 897.8
Target met. All Ocado Plc needs are mid-price trades ABOVE 944.8 to impro ……..
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View Previous Ocado Plc & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 88.99 Percentage Change: + 2.39% Day High: 89.99 Day Low: 87.05
Continued trades against RR. with a mid-price ABOVE 89.99 should improve ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 175.3 Percentage Change: + 0.81% Day High: 176.2 Day Low: 171.3
Target met. Further movement against Serco ABOVE 176.2 should improve acc ……..
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View Previous Serco & Big Picture ***
LSE:STAN Standard Chartered Close Mid-Price: 626.6 Percentage Change: -0.06% Day High: 634.2 Day Low: 625.2
Target met. All Standard Chartered needs are mid-price trades ABOVE 634.2 ……..
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View Previous Standard Chartered & Big Picture ***
LSE:TERN Tern Plc. Close Mid-Price: 16.75 Percentage Change: + 11.67% Day High: 17.25 Day Low: 15
Target met. Continued trades against TERN with a mid-price ABOVE 17.25 sh ……..
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View Previous Tern Plc & Big Picture ***
LSE:TRN The Trainline. Close Mid-Price: 328.3 Percentage Change: + 2.08% Day High: 330 Day Low: 321.6
In the event of The Trainline enjoying further trades beyond 330, the sha ……..
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View Previous The Trainline & Big Picture ***