#Gold #SP500 We like it when emails received over a few days, all address the same subject. Generally, it’s a pretty reliable indication of traders awaiting “something” important happening and in this instance, it looks like the market is awaiting something positive for LSE:PREM. Thankfully, whatever is going on doesn’t feel like misplaced chatroom optimism, if only due to the inset area on the chart below.
On February 13th, the AIM market decided Premier should be gapped/jumped/manipulated (circled) above Blue on the chart, presumably with an imminent expectation of positive news. Alas, a further month was to pass without anything interesting happening, aside from the market taking exceptional care to ensure the share price didn’t retreat below the Blue historical downtrend since 2015. Our suspicion is this shall prove to be a positive signal, on the assumption the company finally get around to issuing news the markets like.
Presently trading around 0.93p, the share price allegedly only needs now trade above 0.97 to trigger price gains to an initial 1.55p with our secondary, if exceeded, calculating at an impressive 2.15p. It’s certainly not often we find ourselves speculating as to whether a price will double, fairly near term. Overall, our software is trying to make us believe a distant 3.6p could even be exerting a magnetic attraction for the future.
If choosing to look for reasons to panic, Premium African Minerals needs close below Blue, this doubtless being a solid suggestion something has gone terribly wrong for the company. Any movement such as this dumps the share price into a region, where 0.14p has nominated itself as an “ultimate bottom” for the share.
Hopefully this shall prove worth keeping an eye on in the days ahead.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:10:56PM | BRENT | Success | |||||||||
| 9:13:16PM | GOLD | 1985.61 | 1958 | 1949 | 1935 | 1979 | 1991 | 2006 | 2025 | 1971 | ‘cess |
| 9:15:42PM | FTSE | ‘cess | |||||||||
| 9:17:43PM | STOX50 | ||||||||||
| 9:19:31PM | GERMANY | ||||||||||
| 9:28:47PM | US500 | 4128 | 4093 | 4083 | 4067 | 4111 | 4131 | 4177 | 4230 | 4099 | ‘cess |
| 9:31:52PM | DOW | ‘cess | |||||||||
| 9:35:29PM | NASDAQ | ||||||||||
| 9:37:31PM | JAPAN |
3/04/2023 FTSE Closed at 7673 points. Change of 0.55%. Total value traded through LSE was: £ 6,510,009,325 a change of 8.45%
31/03/2023 FTSE Closed at 7631 points. Change of 0.14%. Total value traded through LSE was: £ 6,002,582,813 a change of 23.52%
30/03/2023 FTSE Closed at 7620 points. Change of 0.74%. Total value traded through LSE was: £ 4,859,647,247 a change of 17.38%
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%
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:BARC Barclays** **LSE:BP. BP PLC** **LSE:CNA Centrica** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:TLW Tullow** **
********
Updated charts published on : Barclays, BP PLC, Centrica, Genel, Gulf Keystone, Parkmead, Spirax, Tullow,
LSE:BARC Barclays. Close Mid-Price: 148.26 Percentage Change: + 1.69% Day High: 149.96 Day Low: 146.46
In the event of Barclays enjoying further trades beyond 149.96, the share ……..
</p
View Previous Barclays & Big Picture ***
LSE:BP. BP PLC. Close Mid-Price: 532.7 Percentage Change: + 4.29% Day High: 540.3 Day Low: 530
Continued trades against BP. with a mid-price ABOVE 540.3 should improve ……..
</p
View Previous BP PLC & Big Picture ***
LSE:CNA Centrica. Close Mid-Price: 108.25 Percentage Change: + 2.07% Day High: 109.45 Day Low: 106.45
In the event of Centrica enjoying further trades beyond 109.45, the share ……..
</p
View Previous Centrica & Big Picture ***
LSE:GENL Genel. Close Mid-Price: 123.8 Percentage Change: + 5.81% Day High: 130 Day Low: 119.4
All Genel needs are mid-price trades ABOVE 130 to improve acceleration to ……..
</p
View Previous Genel & Big Picture ***
LSE:GKP Gulf Keystone. Close Mid-Price: 175.8 Percentage Change: + 20.58% Day High: 181 Day Low: 161.2
Target met. Continued trades against GKP with a mid-price ABOVE 181 shoul ……..
</p
View Previous Gulf Keystone & Big Picture ***
LSE:PMG Parkmead Close Mid-Price: 27 Percentage Change: -22.86% Day High: 34.9 Day Low: 25.8
Target met. If Parkmead experiences continued weakness below 25.8, it wil ……..
</p
View Previous Parkmead & Big Picture ***
LSE:SPX Spirax Close Mid-Price: 11715 Percentage Change: -1.18% Day High: 11815 Day Low: 11655
Spirax is starting to look useful as above 11815 now permits recovery to a ……..
</p
View Previous Spirax & Big Picture ***
LSE:TLW Tullow. Close Mid-Price: 33.44 Percentage Change: + 6.02% Day High: 33.82 Day Low: 32.78
In the event of Tullow enjoying further trades beyond 33.82, the share sh ……..
</p
View Previous Tullow & Big Picture ***