#Gold #Nasdaq Every now and then, there’s a “Wait, What?” moment when reading the blurb about a company. Trinity produced such an event when their website made reference to “West Coast Assets”. Due to a plethora of nuclear submarine ‘secret’ traffic lanes*, along with an area containing a massive amount of dumped munitions, oil production from Scotlands West Coast is mostly from the skin complexion of troubled teenagers!
A few seconds later, the realisation Trinity do their thing on the West and East Coasts of Trinidad made some sense, especially as their website oil production platform photographs lacked any semblance of foul weather, quite the contrary. The islands position at the end of a chain of enviable destinations starting with The Bahamas is enviable, probably not the worst place in the world to be discovering and extracting oil. That honour doubtless goes to Scotland, the country where the rain goes to fall down…
Share price movements for Trinity are starting to give considerable hope as there’s a hope movement next above just 93p shall trigger a nod in the direction of 109p next. If bettered, our longer term secondary looks impressive, calculating at 132p and a new ball game for the future.
If things intend go coconut shaped, below 77p would look troublesome, allowing reversal down to an initial 55p with secondary, if broken, at a less likely 20p. But due to movements this year, our inclination is to anticipate some price recovery for Trinity.
*An amusing story about submarine traffic in Scotland recently surfaced in the USA. 48 years ago, an American nuclear submarine was exiting Holy Loch base in Argyll when it bumped into a Russian nuclear submarine which was waiting, intending to follow it out into the Atlantic. Both countries decided to keep the story quiet and it’s questionable whether the UK government was even told about the incident. Everything remained under water, though some paint may have drifted upward. What makes this tale noteworthy is the disclosure from the US military included a photograph of the (now gone) American base, a snapshot taken on the hill directly behind our house. The collision would have taken place about 2 miles away.
Needless to say, the UK media have failed to cover this story. After all, we’re still knee deep in submarines here in Argyll. 
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:43:13PM | BRENT | 9237.2 | Success | ||||||||
| 9:45:51PM | GOLD | 1929.26 | 1927 | 1918 | 1908 | 1934 | 1948 | 1953 | 1960 | 1938 | ‘cess |
| 9:48:04PM | FTSE | 7697.7 | Success | ||||||||
| 9:52:04PM | STOX50 | 4247.7 | Success | ||||||||
| 9:54:26PM | GERMANY | 15696.8 | ‘cess | ||||||||
| 9:57:06PM | US500 | 4398.9 | ‘cess | ||||||||
| 9:59:26PM | DOW | 34427 | |||||||||
| 10:02:56PM | NASDAQ | 14949.5 | 14947 | 14725 | 14423 | 15080 | 15080 | 15129 | 15190 | 14948 | |
| 10:05:57PM | JAPAN | 32959 | Success |
20/09/2023 FTSE Closed at 7731 points. Change of 0.93%. Total value traded through LSE was: £ 4,824,861,883 a change of -0.46%
19/09/2023 FTSE Closed at 7660 points. Change of 0.1%. Total value traded through LSE was: £ 4,847,212,890 a change of 23.66%
18/09/2023 FTSE Closed at 7652 points. Change of -0.77%. Total value traded through LSE was: £ 3,919,854,652 a change of -71.71%
15/09/2023 FTSE Closed at 7711 points. Change of 0.5%. Total value traded through LSE was: £ 13,856,220,608 a change of 129.91%
14/09/2023 FTSE Closed at 7673 points. Change of 1.97%. Total value traded through LSE was: £ 6,026,828,350 a change of 14.3%
13/09/2023 FTSE Closed at 7525 points. Change of -0.03%. Total value traded through LSE was: £ 5,272,761,043 a change of 13.44%
12/09/2023 FTSE Closed at 7527 points. Change of 0.41%. Total value traded through LSE was: £ 4,648,224,872 a change of 0.61%
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:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:DARK Darktrace Plc** **LSE:FGP Firstgroup** **LSE:SCLP Scancell** **
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Updated charts published on : British Telecom, Cellular Goods, Darktrace Plc, Firstgroup, Scancell,
LSE:BT.A British Telecom. Close Mid-Price: 121.4 Percentage Change: + 4.34% Day High: 121.7 Day Low: 116.85
Now above 123 should prove interesting, indicating the chances of a lift t ……..
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View Previous British Telecom & Big Picture ***
LSE:CBX Cellular Goods Close Mid-Price: 0.5 Percentage Change: -4.76% Day High: 0.52 Day Low: 0.5
Target met. Weakness on Cellular Goods below 0.5 will invariably lead to ……..
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View Previous Cellular Goods & Big Picture ***
LSE:DARK Darktrace Plc. Close Mid-Price: 420 Percentage Change: + 1.55% Day High: 423.3 Day Low: 417
All Darktrace Plc needs are mid-price trades ABOVE 423.3 to improve accel ……..
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View Previous Darktrace Plc & Big Picture ***
LSE:FGP Firstgroup. Close Mid-Price: 159.6 Percentage Change: + 3.37% Day High: 161.8 Day Low: 157.8
In the event of Firstgroup enjoying further trades beyond 161.8, the shar ……..
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View Previous Firstgroup & Big Picture ***
LSE:SCLP Scancell. Close Mid-Price: 17 Percentage Change: + 6.25% Day High: 18.12 Day Low: 15.88
Further movement against Scancell ABOVE 18.12 should improve acceleration ……..
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View Previous Scancell & Big Picture ***