#gold #Nasdaq
A plaintive email reminded us we’d reviewed Yellow Cake Plc last year and in the time since, the share price successfully achieved both our targets. We’d recommend a visit to the “About” section of the company website for clear and straightforward information about the company business model. But do investors really want exposed to uranium?
With ever increasing positive attitude toward the nuclear power industry, it’s easy to suspect it’s a product whose time is coming, so once again we shall focus on the positive potentials, especially as the Red uptrend since 2020 appears to be providing a rather solid line, making it clear the company needs close a session below 365p currently to give an early clue for coming problems. Certainly, today here in Argyll, the freezing temperatures coupled with the exorbitant cost of heating oil reminded cheap green energy should be available, only lacking a political will.
To be honest, the focus on energy was also driven by a personal ToDo list, felling four Holly trees. A funny thing about Holly trees is the leaf. Those closer to the ground are the typical spikey things which hurt, the trees natural defence against wild deer grazing. However, at the higher extremes of the tree, leaves are non jaggy, just normal tree leaves and unlikely to draw blood. Another nice thing about the Holly is the hard and heavy wood doesn’t really need seasoned, capable of being burnt immediately (but definitely better after 6 months drying). And from the perspective of someone who can’t be bothered chopping logs, catch a Holly tree when it’s about 10 metres high and the trunk is just the right thickness to be sliced by a chainsaw without challenging a wood burner’s door.
All things considered, we rather dislike the current high energy price regime!
For Yellow Cake Plc, their share price need only exceed Blue on the chart, currently 425p, to ideally enter a cycle to 441p next with secondary, if exceeded, at 457p and the potential of a major change in the long term prospects for the share price.
Above 457p currently looks capable of powering the share price toward a future 537p and a new all time high. Hopefully the company avoid any pitfalls.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:13:01PM | BRENT | 82.33 | |||||||||
| 9:15:29PM | GOLD | 1813.17 | 1809 | 1799 | 1785 | 1818 | 1825 | 1830 | 1837 | 1815 | |
| 9:18:44PM | FTSE | 7933.24 | ‘cess | ||||||||
| 9:37:35PM | STOX50 | 4298.3 | |||||||||
| 9:39:47PM | GERMANY | 15657.86 | |||||||||
| 9:41:32PM | US500 | 3995.57 | |||||||||
| 9:45:20PM | DOW | 32812 | ‘cess | ||||||||
| 9:47:21PM | NASDAQ | 12223 | 12097 | 12003 | 11846 | 12205 | 12243 | 12259 | 12313 | 12195 | |
| 9:50:14PM | JAPAN | 28617 | Success |
8/03/2023 FTSE Closed at 7929 points. Change of 0.13%. Total value traded through LSE was: £ 6,459,565,037 a change of 19.23%
7/03/2023 FTSE Closed at 7919 points. Change of -0.13%. Total value traded through LSE was: £ 5,417,813,576 a change of -3.92%
6/03/2023 FTSE Closed at 7929 points. Change of -0.23%. Total value traded through LSE was: £ 5,638,585,361 a change of -4.78%
3/03/2023 FTSE Closed at 7947 points. Change of 0.04%. Total value traded through LSE was: £ 5,921,700,262 a change of -13.69%
2/03/2023 FTSE Closed at 7944 points. Change of 34.33%. Total value traded through LSE was: £ 6,861,176,489 a change of -1.62%
1/03/2023 FTSE Closed at 5914 points. Change of -24.91%. Total value traded through LSE was: £ 6,974,404,128 a change of -21.96%
28/02/2023 FTSE Closed at 7876 points. Change of -0.74%. Total value traded through LSE was: £ 8,937,075,687 a change of 69.5%
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:AVCT Avacta** **LSE:CAR Carclo** **LSE:CASP Caspian** **LSE:FRES Fresnillo** **LSE:OCDO Ocado Plc** **LSE:OPG OPG Power Ventures** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **
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Updated charts published on : Avacta, Carclo, Caspian, Fresnillo, Ocado Plc, OPG Power Ventures, Rockhopper, Rolls Royce,
LSE:AVCT Avacta. Close Mid-Price: 128.5 Percentage Change: + 1.98% Day High: 128.5 Day Low: 121
If Avacta experiences continued weakness below 121, it will invariably le ……..
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View Previous Avacta & Big Picture ***
LSE:CAR Carclo. Close Mid-Price: 15.28 Percentage Change: + 11.09% Day High: 16 Day Low: 14.5
Target met. In the event of Carclo enjoying further trades beyond 16, the ……..
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View Previous Carclo & Big Picture ***
LSE:CASP Caspian Close Mid-Price: 6.7 Percentage Change: -4.29% Day High: 6.7 Day Low: 6.25
Target met. Continued weakness against CASP taking the price below 6.25 c ……..
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View Previous Caspian & Big Picture ***
LSE:FRES Fresnillo. Close Mid-Price: 713.6 Percentage Change: + 0.73% Day High: 724.2 Day Low: 701.2
Target met. In the event Fresnillo experiences weakness below 701.2 it ca ……..
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View Previous Fresnillo & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 504.4 Percentage Change: -0.12% Day High: 507.6 Day Low: 485.2
Target met. Weakness on Ocado Plc below 485.2 will invariably lead to 468 ……..
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View Previous Ocado Plc & Big Picture ***
LSE:OPG OPG Power Ventures. Close Mid-Price: 9 Percentage Change: + 5.88% Day High: 9.75 Day Low: 8.65
Target met. In the event of OPG Power Ventures enjoying further trades be ……..
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View Previous OPG Power Ventures & Big Picture ***
LSE:RKH Rockhopper Close Mid-Price: 10.45 Percentage Change: -1.42% Day High: 10.9 Day Low: 10
All Rockhopper needs are mid-price trades ABOVE 10.9 to improve accelerat ……..
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View Previous Rockhopper & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 156.86 Percentage Change: + 2.40% Day High: 158.8 Day Low: 154.28
Continued trades against RR. with a mid-price ABOVE 158.8 should improve ……..
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View Previous Rolls Royce & Big Picture ***
LSE:TLW Tullow Close Mid-Price: 31.5 Percentage Change: -8.06% Day High: 35.36 Day Low: 31.16
Weakness on Tullow below 31.16 will invariably lead to 30p with secondary ……..
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View Previous Tullow & Big Picture ***