#FTSE #DOW
A bunch of emails asking us to take a look at Equals Group automatically brought “First Among Equals” to mind, a book by ex-politician Jeffrey Archer. It was recently reported the No 10 Ethics Advisor had resigned. Why did no-one ask why an Ethics Advisor was needed in Downing St? In terms of entertainment, events tonight from Downing St easily provided more drama in a matter of minutes than Mr Archers overly respectful testimony to political misbehaviour.
For some reason, a few folk appear to believe something is happening with Equals Group, a company who develop payment platforms which allow clients to move and manage their money flow. In honesty, the website blurb is all very familiar, all the usual promises made, all the correct buzzwords emplaced. And then, you discover a few further details such as their 5 year agreement with Mastercard, their partnership with Citi Commercial Bank, even part of Bank of Englands Faster Payments Scheme.
Armed with this information and more, it becomes fairly clear Equals Group are rather more than a “look at us” contender in the payment platform field and instead, the AIM listed company deserve being taken quite seriously.
Their share price, trading around 87p at time of writing, enjoyed a +10% day on Tuesday, the price gapped from 80 to 83p at the market open and experiencing a high of 89p during the session. We can now calculate it needs exceed 92p to hopefully trigger further travel to an initial 92p, along with the chance of some slight hesitation. Things become a little less clear with closure above 102p, thanks to our secondary working out at 121p. Our reticence about this target level comes, due to an ability to calculate a longer term third target level at a future 147p, visually matching the all time highs experienced back in 2018.
It’s easy to believe positive news flow will be required to provoke such an impressive series of movements.
If everything intends go Boris Shaped, the share price needs below 67p as this risks serious trauma, an initial target of 57p probably being a footnote in history in a downhill charge to a painful 28p bottom eventually.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:36:07PM | BRENT | 102.18 | Success | ||||||||
| 9:38:21PM | GOLD | 1766.42 | Success | ||||||||
| 9:44:53PM | FTSE | 7092.8 | 7009 | 6964 | 6831 | 7097 | 7109 | 7141 | 7185 | 7054 | |
| 9:49:43PM | FRANCE | 5875 | Success | ||||||||
| 9:58:00PM | GERMANY | 12559 | Success | ||||||||
| 10:01:20PM | US500 | 3831.49 | Success | ||||||||
| 10:07:08PM | DOW | 30959 | 30337 | 30107 | 29736 | 30575 | 31051 | 31277 | 31589 | 30858 | Success |
| 10:09:41PM | NASDAQ | 11782.22 | Success | ||||||||
| 10:12:37PM | JAPAN | 26229 | Shambles |
5/07/2022 FTSE Closed at 7025 points. Change of -2.86%. Total value traded through LSE was: £ 7,184,234,461 a change of 102.6%
4/07/2022 FTSE Closed at 7232 points. Change of 0.64%. Total value traded through LSE was: £ 3,546,030,521 a change of -26.75%
1/07/2022 FTSE Closed at 7186 points. Change of 0.24%. Total value traded through LSE was: £ 4,840,883,193 a change of -20.03%
30/06/2022 FTSE Closed at 7169 points. Change of -1.96%. Total value traded through LSE was: £ 6,053,180,020 a change of 8.35%
29/06/2022 FTSE Closed at 7312 points. Change of -0.15%. Total value traded through LSE was: £ 5,586,821,429 a change of -8.41%
28/06/2022 FTSE Closed at 7323 points. Change of 0.9%. Total value traded through LSE was: £ 6,100,040,096 a change of -3.89%
27/06/2022 FTSE Closed at 7258 points. Change of 0.69%. Total value traded through LSE was: £ 6,347,029,355 a change of 0.8%
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:AFC AFC Energy** **LSE:AML Aston Martin** **LSE:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:DARK Darktrace Plc** **LSE:EZJ EasyJet** **LSE:GENL Genel** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:IAG British Airways** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:JET Just Eat** **LSE:LLOY Lloyds Grp.** **LSE:PPC President Energy** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : AFC Energy, Aston Martin, Aviva, Barrett Devs, Carclo, Darktrace Plc, EasyJet, Genel, Glencore Xstra, Hargreaves Lansdown, British Airways, Intertek, ITV, Just Eat, Lloyds Grp., President Energy, Tullow, Taylor Wimpey,
LSE:AFC AFC Energy Close Mid-Price: 18.43 Percentage Change: -3.00% Day High: 20 Day Low: 17.84
Continued weakness against AFC taking the price below 17.84 calculates as ……..
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View Previous AFC Energy & Big Picture ***
LSE:AML Aston Martin Close Mid-Price: 394.5 Percentage Change: -1.67% Day High: 426.1 Day Low: 382.5
In the event Aston Martin experiences weakness below 382.5 it calculates ……..
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View Previous Aston Martin & Big Picture ***
LSE:AV. Aviva Close Mid-Price: 382.3 Percentage Change: -5.53% Day High: 405.3 Day Low: 383.1
If Aviva experiences continued weakness below 383.1, it will invariably l ……..
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View Previous Aviva & Big Picture ***
LSE:BDEV Barrett Devs Close Mid-Price: 448.5 Percentage Change: -2.50% Day High: 466.8 Day Low: 441.7
Continued weakness against BDEV taking the price below 441.7 calculates a ……..
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View Previous Barrett Devs & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 20.25 Percentage Change: -3.57% Day High: 20.5 Day Low: 19
In the event Carclo experiences weakness below 19 it calculates with a dr ……..
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View Previous Carclo & Big Picture ***
LSE:DARK Darktrace Plc. Close Mid-Price: 292.1 Percentage Change: + 1.56% Day High: 298.1 Day Low: 281.3
Continued weakness against DARK taking the price below 281.3 calculates a ……..
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View Previous Darktrace Plc & Big Picture ***
LSE:EZJ EasyJet Close Mid-Price: 345.5 Percentage Change: -4.11% Day High: 365.1 Day Low: 338.3
Continued weakness against EZJ taking the price below 338.3 calculates as ……..
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View Previous EasyJet & Big Picture ***
LSE:GENL Genel Close Mid-Price: 128.2 Percentage Change: -7.10% Day High: 138.2 Day Low: 128.6
If Genel experiences continued weakness below 128.6, it will invariably l ……..
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View Previous Genel & Big Picture ***
LSE:GLEN Glencore Xstra Close Mid-Price: 400 Percentage Change: -7.99% Day High: 437.5 Day Low: 398.95
Weakness on Glencore Xstra below 398.95 will invariably lead to 377 with ……..
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View Previous Glencore Xstra & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 763.2 Percentage Change: -1.27% Day High: 781.8 Day Low: 759
Continued weakness against HL. taking the price below 759 calculates as l ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:IAG British Airways Close Mid-Price: 102.9 Percentage Change: -4.37% Day High: 109.08 Day Low: 102.88
Weakness on British Airways below 102.88 will invariably lead to 98 with ……..
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View Previous British Airways & Big Picture ***
LSE:ITRK Intertek Close Mid-Price: 4210 Percentage Change: -0.43% Day High: 4264 Day Low: 4137
Weakness on Intertek below 4137 will invariably lead to 4081 with seconda ……..
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View Previous Intertek & Big Picture ***
LSE:ITV ITV Close Mid-Price: 63.16 Percentage Change: -3.43% Day High: 65.78 Day Low: 62.06
Target met. Weakness on ITV below 62.06 will invariably lead to 60 with s ……..
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View Previous ITV & Big Picture ***
LSE:JET Just Eat Close Mid-Price: 1187.8 Percentage Change: -2.50% Day High: 1262.6 Day Low: 1139.2
Continued weakness against JET taking the price below 1139.2 calculates a ……..
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View Previous Just Eat & Big Picture ***
LSE:LLOY Lloyds Grp. Close Mid-Price: 41.35 Percentage Change: -3.07% Day High: 43.27 Day Low: 41.34
If Lloyds Grp. experiences continued weakness below 41.34, it will invari ……..
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View Previous Lloyds Grp. & Big Picture ***
LSE:PPC President Energy Close Mid-Price: 1.4 Percentage Change: -5.08% Day High: 1.5 Day Low: 1.4
Continued weakness against PPC taking the price below 1.4 calculates as l ……..
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View Previous President Energy & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 42.28 Percentage Change: -6.91% Day High: 45.82 Day Low: 42.4
Weakness on Tullow below 42.4 will invariably lead to 37 with secondary, ……..
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View Previous Tullow & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 113.8 Percentage Change: -3.93% Day High: 119.4 Day Low: 113.2
Continued weakness against TW. taking the price below 113.2 calculates as ……..
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View Previous Taylor Wimpey & Big Picture ***