Deltic Energy Plc, due a climb?

#Gold #SP500

The temperature on Monday made us assume most folk would start the week without being too fascinated with the markets but, a flurry of emails regarding Deltic proved this was not the case. However, we’re not inclined to search for big words to pad out this report into the company formerly known as Cluff.

Even here in Argyll, it’s rather hot, our infrastructure not in any way inclined toward dealing with hot days but finally, discovered what the AC button on the Toyota is for. Thankfully, writing this from inside a running car hasn’t proven necessary this evening, a slight breeze coming in from the sea has reduced the temperature down to a manageable 14c currently.

 

Without a doubt, something interesting is going on with Deltic. Presently trading around 2.9p, the share need only exceed last weeks 3.15p to hopefully trigger further growth to an interesting 3.28p. Should this level be bettered, our secondary calculates as an all time high (under the name Deltic) of 4p, an ambition which rather neatly matches a glass ceiling which existed for Cluff since 2017. To become seriously excited for the long term prospects, the share price needs actually CLOSE above 4p, the almost allowing the price to effectively double again from current levels.

Alas, for now, despite it looking fairly encouraging, 4p provides about the sanest target level.

 

If everything intends go wrong, closure below 2.7p would provide potentially early warning as it’d tend scrub our immediate upward calculations. But the price would need trade below 2.25p to really indulge in concern, calculating with the potential of reversal to an initial 1.42p with secondary, if broken, at a hopeful bottom of 1p.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:46:12PM BRENT 102.85 ‘cess
9:48:00PM GOLD 1709.17 1706 1701 1693 1714 1723 1726 1736 1711 ‘cess
9:50:59PM FTSE 7189.27 Success
9:53:38PM STOX50 3486 Success
9:57:12PM GERMANY 12878 ‘cess
10:01:22PM US500 3836 3817 3807 3774 3835 3854 3868 3885 3839 Success
10:04:20PM DOW 31087 ‘cess
10:06:25PM NASDAQ 11890 Success
10:08:42PM JAPAN 26947

 

 

18/07/2022 FTSE Closed at 7223 points. Change of 0.89%. Total value traded through LSE was: £ 5,383,848,988 a change of -4.09%
15/07/2022 FTSE Closed at 7159 points. Change of 1.7%. Total value traded through LSE was: £ 5,613,237,251 a change of -3.92%
14/07/2022 FTSE Closed at 7039 points. Change of -1.63%. Total value traded through LSE was: £ 5,842,341,415 a change of 1.71%
13/07/2022 FTSE Closed at 7156 points. Change of -0.74%. Total value traded through LSE was: £ 5,744,207,139 a change of 25.49%
12/07/2022 FTSE Closed at 7209 points. Change of 0.18%. Total value traded through LSE was: £ 4,577,434,257 a change of 19.25%
11/07/2022 FTSE Closed at 7196 points. Change of 0%. Total value traded through LSE was: £ 3,838,648,394 a change of -17.76%
8/07/2022 FTSE Closed at 7196 points. Change of 0.1%. Total value traded through LSE was: £ 4,667,898,504 a change of -40.47%

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:AML Aston Martin** **LSE:AZN Astrazeneca** **LSE:BT.A British Telecom** **LSE:CNA Centrica** **LSE:EXPN Experian** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:PPC President Energy** **LSE:TRN The Trainline** **

********

Updated charts published on : Aston Martin, Astrazeneca, British Telecom, Centrica, Experian, Just Eat, Parkmead, President Energy, The Trainline,

LSE:AML Aston Martin. Close Mid-Price: 608.8 Percentage Change: + 32.55% Day High: 629.8 Day Low: 453.2

Target met. Further movement against Aston Martin ABOVE 629.8 should impr ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:AZN Astrazeneca Close Mid-Price: 11096 Percentage Change: -0.13% Day High: 11288 Day Low: 11044

All Astrazeneca needs are mid-price trades ABOVE 11288 to improve acceler ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BT.A British Telecom. Close Mid-Price: 178.8 Percentage Change: + 1.79% Day High: 181.75 Day Low: 171.6

In the event British Telecom experiences weakness below 171.6 it calculat ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:CNA Centrica. Close Mid-Price: 88.6 Percentage Change: + 1.70% Day High: 89.42 Day Low: 86.3

Target met. All Centrica needs are mid-price trades ABOVE 89.42 to improv ……..

Subscribe for more

</p

View Previous Centrica & Big Picture ***

LSE:EXPN Experian. Close Mid-Price: 2768 Percentage Change: + 0.73% Day High: 2792 Day Low: 2754

Continued trades against EXPN with a mid-price ABOVE 2792 should improve ……..

Subscribe for more

</p

View Previous Experian & Big Picture ***

LSE:JET Just Eat. Close Mid-Price: 1235.4 Percentage Change: + 7.56% Day High: 1236.4 Day Low: 1120

If Just Eat experiences continued weakness below 1120, it will invariably ……..

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

LSE:PMG Parkmead. Close Mid-Price: 60 Percentage Change: + 7.14% Day High: 62 Day Low: 57.8

Target met. All Parkmead needs are mid-price trades ABOVE 62 to improve a ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

LSE:PPC President Energy Close Mid-Price: 1.27 Percentage Change: -3.77% Day High: 1.32 Day Low: 1.27

In the event President Energy experiences weakness below 1.27 it calculat ……..

Subscribe for more

</p

View Previous President Energy & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 383.1 Percentage Change: + 2.65% Day High: 389.2 Day Low: 373.1

In the event of The Trainline enjoying further trades beyond 389.2, the s ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.