#Gold #Japan It’s often said no decent music is being made in the 21st century, a sentiment hard to disagree with. Originality is lacking, yet an all girl pop group called Remember Monday smacked the cliché in the face with a kipper, covering Queen’s ‘Fat Bottomed Girls’ and achieved the impossible, almost making the tune their own! As an avowed Freddie Mercury fan, this was impressive, returning FUN into music without shuddering at harm inflicted on a classic track. It was also the rare occasion when a YouTube recommendation proved interesting.
Obviously, this has nothing to do with Molten Ventures Plc aside from sometimes, things just hit rock bottom and then bounce. Perhaps this is happening with the music industry, perhaps it’s about to happen with venture capitalists Molten Ventures Plc. The Big Picture had suggested, very firmly, the share should bottom at 239p, something it achieved last October and it managed to double in price in the period since. Presently trading around 262p, it looks like the price intends head to another bottom, potentially at 251p and once again, hopefully with a bounce.
In the event the share price closes a session below 251p, things become as uncomfortable as realistically, we cannot calculate where a trampoline should be with any confidence. Maybe at 175, maybe even, 83p, maybe something prefaced with an impossible minus sign. The surprising thing, when reviewing the list of previous and current clients for Molten Ventures, there’s a few well known companies, so they’ve doubtless got a strong track record in picking success. We shall certainly not complain, if they toss us a few quid…
For any bounce to now become interesting, the share price needs close a session above Blue on the chart, 360p at time of writing, as this should prove capable of provoking a lift to 496p initially with secondary, if bettered, calculating at 582p and beyond. Visually, there are plenty of reasons to anticipate some hesitation at the 496p level, given prior share price behaviour.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:54:05PM | BRENT | 77.46 | |||||||||
| 9:56:12PM | GOLD | 1964.91 | 1958 | 1952 | 1945 | 1969 | 1971 | 1975 | 1980 | 1962 | |
| 9:58:39PM | FTSE | 7577.25 | Success | ||||||||
| 10:00:45PM | STOX50 | 4245.8 | ‘cess | ||||||||
| 10:02:50PM | GERMANY | 15381.57 | Success | ||||||||
| 10:12:08PM | US500 | 4031.62 | Success | ||||||||
| 10:15:01PM | DOW | 32710.4 | ‘cess | ||||||||
| 10:17:25PM | NASDAQ | 12839.92 | Success | ||||||||
| 10:20:38PM | JAPAN | 28055 | 27872 | 27813 | 27727 | 27983 | 28072 | 28106 | 28154 | 27901 |
29/03/2023 FTSE Closed at 7564 points. Change of 1.07%. Total value traded through LSE was: £ 4,139,938,147 a change of -38.03%
28/03/2023 FTSE Closed at 7484 points. Change of 0.17%. Total value traded through LSE was: £ 6,680,856,903 a change of 37.06%
27/03/2023 FTSE Closed at 7471 points. Change of 0.89%. Total value traded through LSE was: £ 4,874,298,034 a change of -13.9%
24/03/2023 FTSE Closed at 7405 points. Change of -1.25%. Total value traded through LSE was: £ 5,661,322,709 a change of -17%
23/03/2023 FTSE Closed at 7499 points. Change of -0.89%. Total value traded through LSE was: £ 6,821,003,257 a change of 31.84%
22/03/2023 FTSE Closed at 7566 points. Change of 0.4%. Total value traded through LSE was: £ 5,173,752,790 a change of 1.87%
21/03/2023 FTSE Closed at 7536 points. Change of 1.8%. Total value traded through LSE was: £ 5,078,878,926 a change of -18.94%
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:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:FGP Firstgroup** **LSE:GRG Greggs** **LSE:IGAS Igas Energy** **LSE:PHP Primary Health** **LSE:SCLP Scancell** **
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Updated charts published on : Bowleven, BP PLC, Firstgroup, Greggs, Igas Energy, Primary Health, Scancell,
LSE:BLVN Bowleven. Close Mid-Price: 1.25 Percentage Change: + 0.00% Day High: 1.25 Day Low: 1.12
Weakness on Bowleven below 1.12 will invariably lead to 1.02 with seconda ……..
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View Previous Bowleven & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 510.5 Percentage Change: + 0.53% Day High: 513.1 Day Low: 507.2
All BP PLC needs are mid-price trades ABOVE 513.1 to improve acceleration ……..
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View Previous BP PLC & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 104.5 Percentage Change: + 2.55% Day High: 104.4 Day Low: 101.6
Now, in the event of Firstgroup enjoying further trades beyond 115, the sh ……..
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View Previous Firstgroup & Big Picture ***
LSE:GRG Greggs. Close Mid-Price: 2744 Percentage Change: + 1.40% Day High: 2758 Day Low: 2716
Now above 2818 still expects 2906 and our secondary, if exceeded, works o ……..
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View Previous Greggs & Big Picture ***
LSE:IGAS Igas Energy Close Mid-Price: 16.38 Percentage Change: -3.68% Day High: 17.1 Day Low: 15.8
This is on the edge of getting grim as weakness below 15 looks capable of ……..
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View Previous Igas Energy & Big Picture ***
LSE:PHP Primary Health. Close Mid-Price: 102.6 Percentage Change: + 2.09% Day High: 103 Day Low: 100.2
Remaining dangerous, below 99 now has the potential of reversal to 92 next ……..
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View Previous Primary Health & Big Picture ***
LSE:SCLP Scancell Close Mid-Price: 15.25 Percentage Change: -2.40% Day High: 15.75 Day Low: 14.75
This is not a happy share as below 14 now indicates a good chance of it he ……..
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View Previous Scancell & Big Picture ***