#Gold #Dow
Visiting Quadrise’s website managed to prove quite informative, going some way to explaining why diesel is so heavily priced in comparison to petrol. Being unaware diesel production creates heavy residual oils, stuff needing treatment before it can be sold (at a discount) as Heavy Fuel Oil. Oil refineries prefer not to sell anything at a discount…
Quadrise (QFI) bring a method which changes how Heavy Fuel Oil is produced, allowing the end product to be sold at a premium as it produces substantially lower CO2 emissions. QFI are delighted to explain – at length – what their company is about via their web presence and to be fair, some of the information is quite fascinating. None of this explains their share price as it has been pretty foul for quite a few years.
Currently. it appears QFI enjoy a share price which is attempting to do something positive with itself, breaking though a downtrend which appears to have been influencing the share price since 2015. Perhaps some hope is possible in the near term, maybe even the longer term. The immediate situation looks to be quite straightforward, movement above 2.35p calculating with the potential of a lift to an initial 2.65 with secondary, if bettered, a more useful 3.6p.
At the 3.6p level, things become a little vague as the share really needs to close above 3.6p to suggest Big Picture influences are coming into play. Currently, the implication of closure above 3.6p allegedly permits the share price to more than double to 7.8p, a game changing price level which visually hints of the presence of a future glass ceiling.
If everything intends go horribly wrong for QFI, their share price needs drip below 1.1p as we cannot calculate a bottom. For now, we suspect this shall prove very worthy of keeping an eye on.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:49:45PM | BRENT | 90.98 | |||||||||
| 9:51:36PM | GOLD | 1650.99 | 1646 | 1638 | 1629 | 1657 | 1668 | 1676 | 1688 | 1654 | |
| 9:54:54PM | FTSE | 6924.99 | |||||||||
| 9:58:44PM | STOX50 | 3448.5 | ‘cess | ||||||||
| 10:01:01PM | GERMANY | 12682 | ‘cess | ||||||||
| 10:02:56PM | US500 | 3688.87 | |||||||||
| 10:06:22PM | DOW | 30273 | 29739 | 29532 | 29267 | 29829 | 30325 | 30387 | 30501 | 30117 | ‘cess |
| 10:09:17PM | NASDAQ | 11084 | |||||||||
| 10:13:09PM | JAPAN | 27103 | Success |
17/10/2022 FTSE Closed at 6920 points. Change of 0.9%. Total value traded through LSE was: £ 4,606,393,574 a change of -22.77%
14/10/2022 FTSE Closed at 6858 points. Change of 0.12%. Total value traded through LSE was: £ 5,964,231,785 a change of 0.52%
13/10/2022 FTSE Closed at 6850 points. Change of 0.35%. Total value traded through LSE was: £ 5,933,139,923 a change of 16.34%
12/10/2022 FTSE Closed at 6826 points. Change of -0.86%. Total value traded through LSE was: £ 5,099,638,855 a change of -0.72%
11/10/2022 FTSE Closed at 6885 points. Change of -1.06%. Total value traded through LSE was: £ 5,136,859,995 a change of 18.36%
10/10/2022 FTSE Closed at 6959 points. Change of -0.46%. Total value traded through LSE was: £ 4,340,006,444 a change of -6.55%
7/10/2022 FTSE Closed at 6991 points. Change of -0.09%. Total value traded through LSE was: £ 4,644,361,624 a change of -27.89%
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:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:HL. Hargreaves Lansdown** **LSE:IGAS Igas Energy** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:QFI Quadrise** **LSE:SRP Serco** **
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Updated charts published on : Asos, Barrett Devs, British Telecom, Hargreaves Lansdown, Igas Energy, Intertek, ITV, Quadrise, Serco,
LSE:ASC Asos Close Mid-Price: 518 Percentage Change: -2.54% Day High: 521 Day Low: 460
Target met. In the event Asos experiences weakness below 460 it calculate ……..
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View Previous Asos & Big Picture ***
LSE:BDEV Barrett Devs. Close Mid-Price: 360 Percentage Change: + 3.75% Day High: 365 Day Low: 346.9
Target met. All Barrett Devs needs are mid-price trades ABOVE 365 to impr ……..
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View Previous Barrett Devs & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 124.95 Percentage Change: + 1.88% Day High: 126 Day Low: 122.4
Continued trades against BT.A with a mid-price ABOVE 126 should improve t ……..
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View Previous British Telecom & Big Picture ***
LSE:HL. Hargreaves Lansdown Close Mid-Price: 796.6 Percentage Change: -1.94% Day High: 811 Day Low: 748.2
If Hargreaves Lansdown experiences continued weakness below 748.2, it wil ……..
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View Previous Hargreaves Lansdown & Big Picture ***
LSE:IGAS Igas Energy Close Mid-Price: 39.8 Percentage Change: -7.44% Day High: 44 Day Low: 36.1
Target met. Continued weakness against IGAS taking the price below 36.1 c ……..
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View Previous Igas Energy & Big Picture ***
LSE:ITRK Intertek. Close Mid-Price: 3735 Percentage Change: + 2.58% Day High: 3771 Day Low: 3616
Continued trades against ITRK with a mid-price ABOVE 3771 should improve ……..
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View Previous Intertek & Big Picture ***
LSE:ITV ITV. Close Mid-Price: 67.34 Percentage Change: + 9.14% Day High: 68.2 Day Low: 63.8
Further movement against ITV ABOVE 68.2 should improve acceleration towar ……..
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View Previous ITV & Big Picture ***
LSE:QFI Quadrise. Close Mid-Price: 2.27 Percentage Change: + 18.18% Day High: 2.33 Day Low: 2
In the event of Quadrise enjoying further trades beyond 2.33, the share s ……..
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View Previous Quadrise & Big Picture ***
LSE:SRP Serco. Close Mid-Price: 160.3 Percentage Change: + 4.70% Day High: 161.9 Day Low: 153.7
All Serco needs are mid-price trades ABOVE 161.9 to improve acceleration ……..
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View Previous Serco & Big Picture ***