#Stoxx50 #SP500 It’s not often the inspiration for an article comes steaming past, while you’re sitting eating dinner, but such an event happened this evening. The last sea going paddle steamer in the world is based locally and, after nearly 8 weeks of astounding weather, they changed their Tuesday evening route to sail up our picturesque cul-de-sac. Needless to say, it rained heavily and there were just 27 tourists spotted on deck, doubtless taking our photo as we took their photo. This, obviously, inspired a look at Carnival Plc, the cruise liner company.
Going for a cruise is something which has never appealed, the idea of travelling, trapped on a ship which resembles floating blocks of 1960’s council flats being quite a turn off. Cruise liners regularly sail up the estuary to the exotic, scenic, and romantic port of Greenock (warning: sarcasm) where passengers flee the ship immediately, catching a train to somewhere more interesting. Quite how Greenock managed to discover a place on the maritime touring calendar defies belief, the town making Milton Keynes feel like a prime tourist destination…
Despite featuring our alluring Greenock on their sailing map, Carnival Plc appear to enjoy a share price which is on the edge of doing something interesting. It’s easy to suspect a lot will depend on quite how fast people prove willing to forget Covid-19 and the horror stories from cruise ships being denied access to ports. If we were to judge by recent Glastonbury, any fear of human proximity appears to have fled the population.
Near term, above 1138p should prove capable of provoking a share price lift to an initial 1338p. If exceeded, our secondary calculates at 1540p and some probable hesitation, if only due to the series of highs during 2022. Importantly for the longer term, it appears closure above 1540p shall prove critical, launching the price into a region where a future 2313p and beyond becomes a viable ambition.
If things intend to titantically wrong for Carnival, their share needs explore the depths below 757p to justify raised eyebrows as a trip down to 443p becomes viable. We cannot calculate below such a level.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:47:59PM | BRENT | 72.71 | Success | ||||||||
| 10:49:46PM | GOLD | 1913.25 | Success | ||||||||
| 10:52:28PM | FTSE | 7474 | |||||||||
| 10:55:11PM | STOX50 | 4320.6 | 4271 | 4253 | 4227 | 4297 | 4331 | 4343 | 4378 | 4301 | Success |
| 11:01:52PM | GERMANY | 15884.7 | |||||||||
| 11:04:29PM | US500 | 4274.2 | 4354 | 4343 | 4329 | 4370 | 4384 | 4390 | 4411 | 4373 | ‘cess |
| 11:07:43PM | DOW | 33919.5 | Success | ||||||||
| 11:10:18PM | NASDAQ | 14913 | |||||||||
| 11:12:03PM | JAPAN | 32807 |
27/06/2023 FTSE Closed at 7461 points. Change of 0.11%. Total value traded through LSE was: £ 5,071,918,393 a change of 6.71%
26/06/2023 FTSE Closed at 7453 points. Change of -0.11%. Total value traded through LSE was: £ 4,753,007,649 a change of 17.78%
23/06/2023 FTSE Closed at 7461 points. Change of -0.55%. Total value traded through LSE was: £ 4,035,557,775 a change of -15.52%
22/06/2023 FTSE Closed at 7502 points. Change of -0.75%. Total value traded through LSE was: £ 4,777,191,347 a change of 6.91%
21/06/2023 FTSE Closed at 7559 points. Change of -0.13%. Total value traded through LSE was: £ 4,468,515,731 a change of -18.02%
20/06/2023 FTSE Closed at 7569 points. Change of -0.25%. Total value traded through LSE was: £ 5,450,485,635 a change of 18.02%
19/06/2023 FTSE Closed at 7588 points. Change of -0.71%. Total value traded through LSE was: £ 4,618,439,635 a change of -67.02% 
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:BME B & M** **LSE:BT.A British Telecom** **LSE:ECO ECO (Atlantic) O & G** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **
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Updated charts published on : B & M, British Telecom, ECO (Atlantic) O & G, Fresnillo, Gulf Keystone,
LSE:BME B & M. Close Mid-Price: 581.4 Percentage Change: + 0.76% Day High: 590.6 Day Low: 579
Target met. Further movement against B & M ABOVE 590.6 should improve acc ……..
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View Previous B & M & Big Picture ***
LSE:BT.A British Telecom Close Mid-Price: 123 Percentage Change: -3.64% Day High: 125 Day Low: 121.15
In the event British Telecom experiences weakness below 121.15 it calcula ……..
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View Previous British Telecom & Big Picture ***
LSE:ECO ECO (Atlantic) O & G Close Mid-Price: 15.8 Percentage Change: -1.25% Day High: 16 Day Low: 15.55
If ECO (Atlantic) O & G experiences continued weakness below 15.55, it wi ……..
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View Previous ECO (Atlantic) O & G & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 606.8 Percentage Change: -0.78% Day High: 619.2 Day Low: 598
Weakness on Fresnillo below 598 will invariably lead to 593 with secondar ……..
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View Previous Fresnillo & Big Picture ***
LSE:GKP Gulf Keystone Close Mid-Price: 115.5 Percentage Change: -4.78% Day High: 124.3 Day Low: 115.8
Continued weakness against GKP taking the price below 115.8 calculates as ……..
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View Previous Gulf Keystone & Big Picture ***