#Gold #WallSt
To be honest, it was easy to completely forget about the little boxes which plugged into a phone socket, routing outbound calls to cheaper providers than British Telecom. This was back in the late 1990’s, when BT tended treat innovation as a nuisance and sometimes, even behaved as if this new fangled Broadband was inconvenient. It transpires TelecomPlus were behind the Smart Box, now rebranded as Utility Warehouse.
It’s quite nice to realise an innovator not only survived but has actually flourished in the period since. Currently trading around 1720p, the shares could be picked up for 62p back in 2002. Also interesting to note is our favourite source of salacious gossip for shares, Wikipedia, is devoid of any juicy information. We picked up an accurate summary of Telecom Plus activities from their “About Us” page (below), giving more information than Wikipedia achieves!
Currently, something quite interesting is happening with LSE:TEP share price as it’s achieving higher highs than any point since 2014. Perhaps more importantly, there was some sort of Glass Ceiling vaguelly around the 15.50 quid level and the share appears desperate to leave it being. Now above 1724p calculates with the potential of price growth to an initial 1870p, a point at which we’d suspect some hesitation. Unfortunately, there’s an argument developing against the potentials, should such a level be exceeded.
Above 1870p, certainly presents a secondary target of a nice round 2000p. However, if our 15.50 quid Glass Ceiling argument is valid, the share price could simply continue acceleration to a longer term 2340p.
We’re pretty optimistic against this one and it needs below 1460p to foul our calculations for the future.
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FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:45:43PM | BRENT | 119.23 | Shambles | ||||||||
| 10:47:30PM | GOLD | 1841 | 1840 | 1834 | 1820 | 1857 | 1858 | 1864 | 1872 | 1847 | |
| 10:49:28PM | FTSE | 7608 | ‘cess | ||||||||
| 10:51:17PM | FRANCE | 6538 | ‘cess | ||||||||
| 10:58:27PM | GERMANY | 14693 | Success | ||||||||
| 11:00:05PM | US500 | 4123.17 | |||||||||
| 11:02:10PM | DOW | 32924.2 | 32796 | 32636 | 32427 | 32982 | 33263 | 33443 | 33652 | 33038 | |
| 11:04:10PM | NASDAQ | 12608 | |||||||||
| 11:06:26PM | JAPAN | 28019 | Success |
6/06/2022 FTSE Closed at 7608 points. Change of 1.01%. Total value traded through LSE was: £ 6,070,626,814 a change of 3.85%
1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%
31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%
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 -100%. Total value traded through LSE was: £ 5,961,976,188 a change of 0%
25/05/2022 FTSE Closed at 7522 points. Change of 0%. Total value traded through LSE was: £ 6,164,105,326 a change of 0%
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:BLOE Block Energy PLC** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **
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Updated charts published on : Block Energy PLC, BP PLC, Cellular Goods, Diageo, Firstgroup, Gulf Keystone, Glencore Xstra, Hurrican Energy, Igas Energy, Natwest, Ocado Plc, Oxford Instruments, Rolls Royce, Serco,
LSE:BLOE Block Energy PLC. Close Mid-Price: 1.65 Percentage Change: + 1.54% Day High: 1.85 Day Low: 1.62
In the event of Block Energy PLC enjoying further trades beyond 1.85, the ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 440.45 Percentage Change: + 2.12% Day High: 444.5 Day Low: 436.2
All BP PLC needs are mid-price trades ABOVE 444.5 to improve acceleration ……..
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View Previous BP PLC & Big Picture ***
LSE:CBX Cellular Goods. Close Mid-Price: 2 Percentage Change: + 2.56% Day High: 2.08 Day Low: 1.95
Continued trades against CBX with a mid-price ABOVE 2.08 should improve t ……..
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View Previous Cellular Goods & Big Picture ***
LSE:DGE Diageo. Close Mid-Price: 3704.5 Percentage Change: + 2.28% Day High: 3737 Day Low: 3663
All Diageo needs are mid-price trades ABOVE 3737 to improve acceleration ……..
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View Previous Diageo & Big Picture ***
LSE:FGP Firstgroup Close Mid-Price: 136 Percentage Change: -0.73% Day High: 143.6 Day Low: 134.9
Further movement against Firstgroup ABOVE 143.6 should improve accelerati ……..
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View Previous Firstgroup & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 295 Percentage Change: + 2.61% Day High: 301 Day Low: 288
In the event of Gulf Keystone enjoying further trades beyond 301, the sha ……..
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View Previous Gulf Keystone & Big Picture ***
LSE:GLEN Glencore Xstra. Close Mid-Price: 541.5 Percentage Change: + 3.40% Day High: 542.6 Day Low: 529.7
Continued trades against GLEN with a mid-price ABOVE 542.6 should improve ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:HUR Hurrican Energy Close Mid-Price: 7.44 Percentage Change: -4.12% Day High: 7.84 Day Low: 7.25
If Hurrican Energy experiences continued weakness below 7.25, it will inv ……..
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View Previous Hurrican Energy & Big Picture ***
LSE:IGAS Igas Energy Close Mid-Price: 26.6 Percentage Change: -0.75% Day High: 27.4 Day Low: 25
Target met. Continued weakness against IGAS taking the price below 25 cal ……..
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View Previous Igas Energy & Big Picture ***
LSE:NWG Natwest. Close Mid-Price: 230.4 Percentage Change: + 1.63% Day High: 233.1 Day Low: 228.6
Continued trades against NWG with a mid-price ABOVE 233.1 should improve ……..
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View Previous Natwest & Big Picture ***
LSE:OCDO Ocado Plc. Close Mid-Price: 951.4 Percentage Change: + 4.71% Day High: 953.6 Day Low: 917.4
Target met. Further movement against Ocado Plc ABOVE 953.6 should improve ……..
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View Previous Ocado Plc & Big Picture ***
LSE:OXIG Oxford Instruments. Close Mid-Price: 2335 Percentage Change: + 4.94% Day High: 2370 Day Low: 2200
Target met. Further movement against Oxford Instruments ABOVE 2370 should ……..
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View Previous Oxford Instruments & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 92.92 Percentage Change: + 4.72% Day High: 93.81 Day Low: 89.16
Target met. In the event of Rolls Royce enjoying further trades beyond 94 ……..
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View Previous Rolls Royce & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 180 Percentage Change: + 0.61% Day High: 182.5 Day Low: 178.1
Continued trades against SRP with a mid-price ABOVE 182.5 should improve ……..
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View Previous Serco & Big Picture ***