Angle Plc (LSE:AGL) where statistics matter

#Gold #Nasdaq I remember a scare story when I was younger, one which proclaimed 1 in 10 people will get cancer. A few years later and the ratio changed to 1 in 5, and then there was a memorable night in a pub where four of us were joking about which one would get the illness.  From the perspective of the cancer industry, things continue to improve, a recent outlook suggesting 1 in 2 folk shall be diagnosed.

It’s certainly a growth market. From the four of us sitting in that pub joking about who was going to be the 1 in 4, three were diagnosed in the years which followed, allowing for one undeniable conclusion. The advertising industry is consistently rubbish at predicting just what’s going on in the world. The cynic within does question if the problem is of more cancers or is the real reason one of greater accuracy of diagnosis, ideally while the patient is still alive and able to present for testing.

Angle Plc appear to be producing some important products, in particular their breast cancer system which provides personalised cancer care through non-invasive liquid biopsy. Anything to improve the level of care in such a field is deserving of some attention but unfortunately, this doesn’t answer why Angle Plc have experienced such a rotten share price ride since 2022.

 

Thankfully, there are some early signs of optimism for the share price future but don’t get us wrong. The share is currently trading in a zone where we can calculate an “ultimate bottom”, the level below which we cannot calculate, down at just 5p. Perhaps the surge to 37 at the start of this year deserves some hope, creating an immediate situation where above just 26p should now trigger share price recovery to 35p. Such a scenario could be quite significant, allowing the price to break above the immediate downtrend and commence a cycle to a secondary target of 47p and beyond.

While this share price is presently trading in a pretty foul zone, it’s certainly not difficult to argue in favour of sharp recovery kicking off, due to any eventual closure above Blue taking the price into a region where a sharp future movement to an impressive looking 96p becomes possible.

Unlike cancer statistics, we suspect this one shall prove worth watching.

 


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:27:13PM BRENT 7789.1
10:29:50PM GOLD 2005.94 2001 1999 1900 2008 2030 2041 2054 2018 ‘cess
10:33:12PM FTSE 7433.2 Success
10:36:43PM STOX50 4397.6 Success
10:39:24PM GERMANY 16409 ‘cess
10:42:02PM US500 4735.8 ‘cess
10:45:50PM DOW 37283.5 ‘cess
10:48:40PM NASDAQ 16729 16566 16503 16370 16682 16775 16853 16950 16720
10:51:14PM JAPAN 35507

 

17/01/2024 FTSE Closed at 7446 points. Change of -1.48%. Total value traded through LSE was: £ 5,457,663,350 a change of -3.81%
16/01/2024 FTSE Closed at 7558 points. Change of -0.47%. Total value traded through LSE was: £ 5,673,801,232 a change of 52.3%
15/01/2024 FTSE Closed at 7594 points. Change of -0.39%. Total value traded through LSE was: £ 3,725,366,941 a change of -35.31%
12/01/2024 FTSE Closed at 7624 points. Change of 0.63%. Total value traded through LSE was: £ 5,758,721,485 a change of -30.28%
11/01/2024 FTSE Closed at 7576 points. Change of -0.98%. Total value traded through LSE was: £ 8,259,450,269 a change of 68.77%
10/01/2024 FTSE Closed at 7651 points. Change of -0.42%. Total value traded through LSE was: £ 4,893,879,848 a change of -19.09%
9/01/2024 FTSE Closed at 7683 points. Change of -0.14%. Total value traded through LSE was: £ 6,048,276,632 a change of 28.89%

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:AVCT Avacta** **LSE:BP. BP PLC** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:SPT Spirent Comms** **LSE:STAN Standard Chartered** **

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Updated charts published on : Avacta, BP PLC, Fresnillo, Hikma, Spirent Comms, Standard Chartered,


LSE:AVCT Avacta Close Mid-Price: 105 Percentage Change: -1.87% Day High: 106.5 Day Low: 102

In the event Avacta experiences weakness below 102 it calculates with a d ……..

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LSE:BP. BP PLC Close Mid-Price: 448.5 Percentage Change: -0.84% Day High: 450.45 Day Low: 442.2

Target met. In the event BP PLC experiences weakness below 442.2 it calcu ……..

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LSE:FRES Fresnillo Close Mid-Price: 487.9 Percentage Change: -2.96% Day High: 498.6 Day Low: 477.5

Target met. Weakness on Fresnillo below 477.5 will invariably lead to 436 ……..

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LSE:HIK Hikma Close Mid-Price: 1965 Percentage Change: -0.25% Day High: 1980.5 Day Low: 1946.5

Further movement against Hikma ABOVE 1980.5 should improve acceleration t ……..

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LSE:SPT Spirent Comms Close Mid-Price: 123.9 Percentage Change: -3.28% Day High: 130 Day Low: 123.2

Continued trades against SPT with a mid-price ABOVE 130 should improve th ……..

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LSE:STAN Standard Chartered Close Mid-Price: 575 Percentage Change: -2.41% Day High: 581.2 Day Low: 571

Continued weakness against STAN taking the price below 571 calculates as ……..

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*** End of “Updated Today” comments on shares

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