#Gold #Nasdaq
This evening brought an interesting dinner. Rehearsing for Xmas day, a vague concept of serving Venison with a Chocolate sauce seemed a good idea. A glance at the internet revealed a few easy chocolate sauce recipes, with only a couple of ingredient issues. No single cream, just use double cream. No beef stock, just use chicken, no cognac, just use rum, and the only chocolate available was dark 93.9% cocoa super-strength rather than the demanded 70% cocoa. We didn’t even have lemon juice, only lime juice. When it came down to it, the only correct ingredients present were water and local venison, along with a lazy aversion to going shopping.
The completed sauce looked authentically wonderful, the venison medallions just the correct size to dunk in a ramekin dish. It’s an easy admission to say this was, by several orders of magnitude, the most disgusting thing I’ve ever cooked. Worse, I’d been so focussed on the sauce the venison hadn’t been seasoned. When my wife returned home, rather than her usual exclamation about a wet dog smell (after a walk, the dog curls up at the front door), instead there were immediate questions on just what I’d tried to do as the house was stinking. The taste, similar to the smell, lingered and not even a strawberry milkshake served to eradicate the flavour of that awful sauce. Apparently, we’re having Venison with an Red berry sauce on Xmas day and I’m to make my signature Onion Soup, once again banned from producing a main course…
Despite the FTSE itself enjoying a useful day on Wednesday, amongst shares the reality was less convincing, hence inspiration to attempt cooking. Currently it looks like Thursday should prove capable of further gains for London and if Friday observes the usual playbook, the FTSE shall do next to nothing all morning with most of the action taking place between noon and 12.30pm, when the market closes for the holiday.
However, Ashmore Group, described as a specialist emerging markets investment manager, enjoy a share price which appears on the edge of becoming useful, fairly soon.
Currently trading around 237p, the share price need only exceed 240p to hopefully trigger further movement to an initial 246p. Achieving such a level comes with the visual implication of hesitation as the immediate downtrend in challenged but crucially, closure above 246p should prove important for the longer term. In this instance, longer term movement to a gift wrapped 284p looks very possible with our secondary, if beaten, working out at 317p.
To judge by a couple of emails received, whatever Ashmore are up to is attracting some interest, hence us taking the time to review their potentials. For everything to look like going horribly wrong, the price needs drop below 222p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:59:31PM | BRENT | 82.6 | |||||||||
| 10:01:13PM | GOLD | 1814.6 | 1811 | 1806 | 1800 | 1819 | 1824 | 1827 | 1845 | 1811 | |
| 10:04:06PM | FTSE | 7520.83 | Success | ||||||||
| 10:06:06PM | STOX50 | 3878.3 | Success | ||||||||
| 10:08:16PM | GERMANY | 14089.1 | ‘cess | ||||||||
| 10:10:29PM | US500 | 3886.02 | Success | ||||||||
| 10:13:22PM | DOW | 33420 | Success | ||||||||
| 10:27:38PM | NASDAQ | 11253 | 11078 | 11030 | 10945 | 11128 | 11285 | 11305 | 11357 | 11223 | Success |
| 10:29:20PM | JAPAN | 26464 |
21/12/2022 FTSE Closed at 7497 points. Change of 1.72%. Total value traded through LSE was: £ 4,650,253,463 a change of -20.61%
20/12/2022 FTSE Closed at 7370 points. Change of 0.12%. Total value traded through LSE was: £ 5,857,237,056 a change of 57.46%
19/12/2022 FTSE Closed at 7361 points. Change of 0.4%. Total value traded through LSE was: £ 3,719,802,637 a change of -70.94%
16/12/2022 FTSE Closed at 7332 points. Change of -1.27%. Total value traded through LSE was: £ 12,798,409,041 a change of 152.21%
15/12/2022 FTSE Closed at 7426 points. Change of -0.92%. Total value traded through LSE was: £ 5,074,557,667 a change of -3.77%
14/12/2022 FTSE Closed at 7495 points. Change of -0.09%. Total value traded through LSE was: £ 5,273,114,917 a change of -15.16%
13/12/2022 FTSE Closed at 7502 points. Change of 0.77%. Total value traded through LSE was: £ 6,215,222,839 a change of 28.4%
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:CEY Centamin** **LSE:HSBA HSBC** **LSE:OPG OPG Power Ventures** **LSE:RKH Rockhopper** **LSE:STAN Standard Chartered** **
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Updated charts published on : Block Energy PLC, BP PLC, Centamin, HSBC, OPG Power Ventures, Rockhopper, Standard Chartered,
LSE:BLOE Block Energy PLC Close Mid-Price: 1.12 Percentage Change: -8.16% Day High: 1.25 Day Low: 1.12
Target Met. Now below 1.12 calculates with the potential of 0.90 and hopef ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 480 Percentage Change: + 2.68% Day High: 480.65 Day Low: 466.3
In the event of BP PLC enjoying further trades beyond 481, the share shoul ……..
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View Previous BP PLC & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 112.3 Percentage Change: + 2.23% Day High: 113.35 Day Low: 109.9
Further movement against Centamin ^ABOVE 113.4 should improve acceleration ……..
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View Previous Centamin & Big Picture ***
LSE:HSBA HSBC. Close Mid-Price: 511.3 Percentage Change: + 1.69% Day High: 511.9 Day Low: 501.4
Now above 512 should still prove useful, giving the potential of an initia ……..
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View Previous HSBC & Big Picture ***
LSE:OPG OPG Power Ventures Close Mid-Price: 5.7 Percentage Change: -2.56% Day High: 5.85 Day Low: 5.65
Target Met. This isn’t great as below 5.6 now points at 5.15 next with sec ……..
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View Previous OPG Power Ventures & Big Picture ***
LSE:RKH Rockhopper Close Mid-Price: 8.99 Percentage Change: -1.75% Day High: 9.2 Day Low: 8.8
Now below 8.8p suggests 8p next with secondary, if broken, a hopeful botto ……..
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View Previous Rockhopper & Big Picture ***
LSE:STAN Standard Chartered. Close Mid-Price: 625.8 Percentage Change: + 0.74% Day High: 626.6 Day Low: 615.6
All Standard Chartered needs are mid-price trades ^ABOVE 627 to improve ac ……..
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View Previous Standard Chartered & Big Picture ***