Formed in 1961 and originally known as Rothschild Investment Trust, the organisation formed to provide the English branch of the family with investments, outside their family bank. It was the sort of arrangement known to many of us… Now housed in Spencer House in London, a fabulous palace, one of few surviving in the city, the company give the impression they’re here to stay! Except they ‘only’ rent Spencer House on a long term lease.
The recent visit to 1798p was interesting, this perhaps being an official “bottom” for the share price, following the declines since the start of 2022. There’s certainly a few reasons giving some hope proper recovery shall commence as above 1921p anytime soon should hopefully trigger a nod in the direction of 1989p. In the event such a meek ambition is exceeded, our secondary calculates up at 2051p, along with almost certain hesitation given previous share price behaviour.
For the longer term, closure above 2051p looks like becoming an essential ingredient of a mix of arguments, a scenario which unveils a distant 2595p as a viable ambition.
Our alternate scenario, if things intend go horribly wrong for RIT, requires the share price to close a session below Red on the chart below, currently around 1800p. A calamity such as this is liable to trigger reversal to 1502p initially with secondary, if broken, an eventual bottom at 1190p. At time of writing, absolutely nothing is pointing in such a direction.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:20:43PM | BRENT | 84.81 | 83.35 | 82.65 | 81.55 | 84.6 | 85.95 | 86.28 | 87.24 | 84.9 | |
| 9:24:48PM | GOLD | 2021.35 | 2015 | 2010 | 2006 | 2023 | 2025 | 2029 | 2037 | 2009 | Success |
| 9:48:29PM | FTSE | 7648 | 7625 | 7611 | 7596 | 7650 | 7688 | 7698 | 7723 | 7663 | ‘cess |
| 9:50:56PM | STOX50 | 4320 | 4305 | 4289 | 4267 | 4327 | 4355 | 4368 | 4387 | 4339 | ‘cess |
| 9:53:09PM | GERMANY | 15630.52 | 15583 | 15525 | 15453 | 15631 | 15741 | 15884 | 16087 | 15595 | Success |
| 9:54:48PM | US500 | 4106.47 | 4088 | 4077 | 4055 | 4110 | 4145 | 4161 | 4185 | 4120 | Shambles |
| 10:33:32PM | DOW | 33441 | 33273 | 33242 | 33091 | 33440 | 33697 | 33821 | 34005 | 33558 | |
| 10:35:22PM | NASDAQ | 13114.39 | 13071 | 13050 | 12987 | 13139 | 13239 | 13292 | 13371 | 13183 | ‘cess |
| 10:37:29PM | JAPAN | 28090 | 27993 | 27891 | 27747 | 28106 | 28149 | 28209 | 28281 | 28080 | ‘cess |
4/04/2023 FTSE Closed at 7634 points. Change of -0.51%. Total value traded through LSE was: £ 5,690,797,913 a change of -12.58%
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%
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:CAR Carclo** **LSE:EME Empyrean** **LSE:IPF International Personal Finance** **LSE:ODX Omega Diags** **LSE:PMG Parkmead** **LSE:TERN Tern Plc** **LSE:VOD Vodafone** **
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Updated charts published on : Block Energy PLC, Carclo, Empyrean, International Personal Finance, Omega Diags, Parkmead, Tern Plc, Vodafone,
LSE:BLOE Block Energy PLC. Close Mid-Price: 1.2 Percentage Change: + 9.09% Day High: 1.25 Day Low: 1.1
Now above 1.25 threatens gains to an initial 1.37 with secondary, if beate ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:CAR Carclo Close Mid-Price: 12.72 Percentage Change: -5.74% Day High: 13 Day Low: 12.5
This is on the edge of messy as below 12.5 currently suggests the potentia ……..
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View Previous Carclo & Big Picture ***
LSE:EME Empyrean Close Mid-Price: 1.02 Percentage Change: -4.88% Day High: 1 Day Low: 1
If Empyrean experiences continued weakness below 1, it will invariably le ……..
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View Previous Empyrean & Big Picture ***
LSE:IPF International Personal Finance Close Mid-Price: 97 Percentage Change: -5.37% Day High: 102.5 Day Low: 99.4
Below 97 now threatens reversal to an initial 93 with secondary, if broken ……..
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View Previous International Personal Finance & Big Picture ***
LSE:ODX Omega Diags Close Mid-Price: 3 Percentage Change: -1.64% Day High: 3.05 Day Low: 2.9
Below 2.9 now indicates coming reversal to 2.6 with secondary, if broken, ……..
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View Previous Omega Diags & Big Picture ***
LSE:PMG Parkmead Close Mid-Price: 26.45 Percentage Change: -2.04% Day High: 27 Day Low: 22.5
Target met. In the event Parkmead experiences weakness below 22 it calcul ……..
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View Previous Parkmead & Big Picture ***
LSE:TERN Tern Plc. Close Mid-Price: 6.5 Percentage Change: + 4.00% Day High: 6.5 Day Low: 5.75
Continued weakness against TERN taking the price below 5.75 calculates as ……..
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View Previous Tern Plc & Big Picture ***
LSE:VOD Vodafone Close Mid-Price: 87.48 Percentage Change: -2.21% Day High: 89.61 Day Low: 87.2
This awful share seems determined to dial itself downward as now below 87 ……..
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View Previous Vodafone & Big Picture ***