#Gold #Nasdaq Aside from an email asking us to review this, the company name alone made it an interesting proposition. Once upon a time, the choice of a Xmas present was a jade pendant, a pretty looking slender donut of the gem with the centre holding a gold pictogram which obviously meant something romantic. To be honest, neither of us were curious but one evening, the mystery was solved by a waitress at a Chinese restaurant. She admired the pendant and asked, did you buy it in Kowloon? The lettering said “Kowloon”, my other half now knowing she’d been wearing the equivalent of a baseball cap with a Trump logo on it.
The pendant was discretely retired to her jewellery drawer, never to be seen again!
Unless Jadestone have a side hustle flogging junk to unsuspecting tourists, the Asia focussed oil and gas company appear to have a share price which is poised to make some positive movement, a pleasant change for a member of the AIM market in London. The visit to 21p back in September has possibly defined a “bottom” for the share and now, it ideally needs start going up to make life interesting.
Now above just 39p is liable to prove significant, calculating with the potentials of a lift up to an initial 49p. Closure above such a level should prove important in the grand scheme of things, working out with a future ambition coming from 71p and the chance of a challenge against the immediate Blue downtrend. Recovery such as this will also give the share price an opportunity to exceed the level at which the Red uptrend was breached and this, traditionally, is something we regard as a good sign, one often capable of provoking Big Picture movement for the longer term.
Jadestone are on the edge of moving and we suspect they shall prove worth watching in the month ahead. And finally, if things intend go wrong, now below 21p would be a problem as it risks triggering a visit to our ultimate bottom of just 8p.
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 9:39:51PM | BRENT | 7817.5 | ‘cess | ||||||||
| 9:45:07PM | GOLD | 2029.44 | 2020 | 2013 | 1985 | 2033 | 2078 | 2096 | 2122 | 2058 | Success |
| 9:49:56PM | FTSE | 7507.7 | |||||||||
| 9:53:00PM | STOX50 | 4420.1 | |||||||||
| 10:25:45PM | GERMANY | 16424.7 | |||||||||
| 10:28:34PM | US500 | 4564.3 | |||||||||
| 10:31:25PM | DOW | 36180 | |||||||||
| 10:34:17PM | NASDAQ | 15825.9 | 15702 | 15569 | 15367 | 15840 | 15975 | 16069 | 16194 | 15874 | Success |
| 10:37:14PM | JAPAN | 33057 | Success |
4/12/2023 FTSE Closed at 7512 points. Change of -0.23%. Total value traded through LSE was: £ 4,476,825,041 a change of -0.54%
1/12/2023 FTSE Closed at 7529 points. Change of 1.02%. Total value traded through LSE was: £ 4,501,021,882 a change of -55.19%
30/11/2023 FTSE Closed at 7453 points. Change of 0.4%. Total value traded through LSE was: £ 10,044,675,963 a change of 155.31%
29/11/2023 FTSE Closed at 7423 points. Change of -0.43%. Total value traded through LSE was: £ 3,934,274,294 a change of -13.77%
28/11/2023 FTSE Closed at 7455 points. Change of -0.07%. Total value traded through LSE was: £ 4,562,527,303 a change of 31.7%
27/11/2023 FTSE Closed at 7460 points. Change of -0.37%. Total value traded through LSE was: £ 3,464,420,361 a change of -16.59%
24/11/2023 FTSE Closed at 7488 points. Change of 0.07%. Total value traded through LSE was: £ 4,153,667,848 a change of 5.6%
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:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BME B & M** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CCL Carnival** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:IHG Intercontinental Hotels Group** **LSE:OCDO Ocado Plc** **LSE:QED Quadrise** **LSE:RR. Rolls Royce** **LSE:STAR Star Energy** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Asos, Barrett Devs, B & M, BP PLC, British Telecom, Carnival, Centamin, EasyJet, Fresnillo, Genel, Intercontinental Hotels Group, Ocado Plc, Quadrise, Rolls Royce, Star Energy, Taylor Wimpey,
LSE:ASC Asos. Close Mid-Price: 388.9 Percentage Change: + 0.41% Day High: 411 Day Low: 386.3
Further movement against Asos ABOVE 411 should improve acceleration towar ……..
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View Previous Asos & Big Picture ***
LSE:BDEV Barrett Devs. Close Mid-Price: 522.6 Percentage Change: + 0.54% Day High: 527.6 Day Low: 516.8
Further movement against Barrett Devs ABOVE 527.6 should improve accelera ……..
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View Previous Barrett Devs & Big Picture ***
LSE:BME B & M. Close Mid-Price: 598.2 Percentage Change: + 1.56% Day High: 602.6 Day Low: 587
All B & M needs are mid-price trades ABOVE 602.6 to improve acceleration ……..
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View Previous B & M & Big Picture ***
LSE:BP. BP PLC Close Mid-Price: 471.95 Percentage Change: -1.35% Day High: 474 Day Low: 465.7
If BP PLC experiences continued weakness below 465.7, it will invariably ……..
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View Previous BP PLC & Big Picture ***
LSE:BT.A British Telecom. Close Mid-Price: 126.1 Percentage Change: + 1.98% Day High: 126.6 Day Low: 123.7
Further movement against British Telecom ABOVE 126.6 should improve accel ……..
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View Previous British Telecom & Big Picture ***
LSE:CCL Carnival. Close Mid-Price: 1141 Percentage Change: + 5.50% Day High: 1149 Day Low: 1082.5
Target met. Continued trades against CCL with a mid-price ABOVE 1149 shou ……..
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View Previous Carnival & Big Picture ***
LSE:CEY Centamin. Close Mid-Price: 101.3 Percentage Change: + 0.80% Day High: 103.4 Day Low: 100.6
Target met. Further movement against Centamin ABOVE 103.4 should improve ……..
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View Previous Centamin & Big Picture ***
LSE:EZJ EasyJet. Close Mid-Price: 474.8 Percentage Change: + 0.42% Day High: 481.9 Day Low: 467.8
All EasyJet needs are mid-price trades ABOVE 481.9 to improve acceleratio ……..
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View Previous EasyJet & Big Picture ***
LSE:FRES Fresnillo Close Mid-Price: 587.4 Percentage Change: -0.94% Day High: 598.2 Day Low: 582.4
Further movement against Fresnillo ABOVE 598.2 should improve acceleratio ……..
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View Previous Fresnillo & Big Picture ***
LSE:GENL Genel Close Mid-Price: 70.7 Percentage Change: -2.62% Day High: 73.9 Day Low: 68.6
Target met. Continued weakness against GENL taking the price below 68.6 c ……..
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View Previous Genel & Big Picture ***
LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 6332 Percentage Change: + 0.44% Day High: 6366 Day Low: 6242
Target met. In the event of Intercontinental Hotels Group enjoying furthe ……..
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View Previous Intercontinental Hotels Group & Big Picture ***
LSE:OCDO Ocado Plc Close Mid-Price: 593.6 Percentage Change: -0.10% Day High: 626.2 Day Low: 585.2
In the event of Ocado Plc enjoying further trades beyond 626.2, the share ……..
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View Previous Ocado Plc & Big Picture ***
LSE:QED Quadrise. Close Mid-Price: 2.56 Percentage Change: + 16.36% Day High: 3.1 Day Low: 2.35
Target met. All Quadrise needs are mid-price trades ABOVE 3.1 to improve ……..
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View Previous Quadrise & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 285.4 Percentage Change: + 3.14% Day High: 288.3 Day Low: 281.1
Target met. Further movement against Rolls Royce ABOVE 288.3 should impro ……..
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View Previous Rolls Royce & Big Picture ***
LSE:STAR Star Energy. Close Mid-Price: 8.15 Percentage Change: + 0.00% Day High: 7.96 Day Low: 7.51
If Star Energy experiences continued weakness below 7.51, it will invaria ……..
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View Previous Star Energy & Big Picture ***
LSE:TW. Taylor Wimpey. Close Mid-Price: 131.75 Percentage Change: + 0.57% Day High: 132.9 Day Low: 130.65
In the event of Taylor Wimpey enjoying further trades beyond 132.9, the s ……..
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View Previous Taylor Wimpey & Big Picture ***