#Gold #Dow_Jones It’s surprising to have a favourite Penguin story but one of my nieces provided one when she was around 6 years old at school. The kids has been asked to write a summary about a book they’d been asked to read. Her summary simply and essentially read; “This book told me more about Penguins than I wanted to know!” Interestingly, she’s now a Vet working in a German zoo, still hates Penguins but really likes Bears!
Which brings us to Rockhopper Plc, named after a famed make of penguin.
Given Rockhoppers share price movements since the end of September last year, the share price has broken through a very obvious downtrend, making serious attempts to head upward. Broadly speaking, we generally suspect any company associated with the Falklands area to be the victim of “ramping” in internet discussion forums. However, the pattern of growth – possibly aside from the surge upward on Monday 6th – doesn’t reflect the usual fuel for damage inflicted by gullible investors slavishly following “experts” in chatrooms.
However, if we choose to embrace optimism, it’s currently the case movements above 32p should trigger ongoing traffic to an initial 38p. Our longer term secondary calculates at an astounding future 51p, a price level not seen since 2015 and fully in the clutches of a long term attraction at an amazing and probably unlikely, 84p.
The issue we have with unexpected surges upward in price comes from the truism; “The higher they go, the harder they fall”, which is why we despise surges based on facts made of vapour. Balancing this, Rockhopper share price should only have risen to 25p as this theoretically represented a level where a stumble was anticipated. Aside from a brief hiccup at the end of the year, the share has spent the last three sessions behaving as if our 25p were not an issue, generally a signal the market has further plans for the price. Hopefully this is the case as some oilers long suffering shareholders really deserve a break!
Should things plan on going horribly wrong, our converse scenario paints a picture of danger, if the share price dips below 23p as reversal to an initial 18p looks possible with our longer term secondary coming in at 8.5p, a number which unfortunately makes some visual sense. In this instance, our inclination is toward optimism.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:48:08PM | BRENT | 7621 | |||||||||
| 11:12:15PM | GOLD | 2634.33 | 2623 | 2617 | 2601 | 2637 | 2650 | 2660 | 2675 | 2633 | Success |
| 11:15:00PM | FTSE | 8204 | |||||||||
| 11:17:49PM | STOX50 | 4964 | Success | ||||||||
| 11:23:50PM | GERMANY | 20138.2 | Success | ||||||||
| 11:36:10PM | US500 | 5976.7 | ‘cess | ||||||||
| 11:39:00PM | DOW | 42696 | 42620 | 42455 | 42231 | 42819 | 43127 | 43259 | 43621 | 42903 | |
| 11:42:28PM | NASDAQ | 21563 | ‘cess | ||||||||
| 11:46:56PM | JAPAN | 40092 | Shambles |
6/01/2025 FTSE Closed at 8249 points. Change of 0.32%. Total value traded through LSE was: £ 5,105,577,084 a change of -3.75%
3/01/2025 FTSE Closed at 8223 points. Change of 0.61%. Total value traded through LSE was: £ 5,304,674,170 a change of 278.32%
31/12/2024 FTSE Closed at 8173 points. Change of 0.64%. Total value traded through LSE was: £ 1,402,162,545 a change of -42.6%
30/12/2024 FTSE Closed at 8121 points. Change of -100%. Total value traded through LSE was: £ 2,442,888,350 a change of 0%
29/12/2024 FTSE Closed at 8149 points. Change of 0%. Total value traded through LSE was: £ 2,693,002,049 a change of 0% 
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:IDS International Distribution** **LSE:IGG IG Group** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **
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Updated charts published on : Block Energy PLC, International Distribution, IG Group, Rockhopper, Scottish Mortgage Investment Trust,
LSE:BLOE Block Energy PLC. Close Mid-Price: 0.7 Percentage Change: + 7.69% Day High: 0.7 Day Low: 0.65
Continued weakness against BLOE taking the price below 0.65 calculates as ……..
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View Previous Block Energy PLC & Big Picture ***
LSE:IDS International Distribution. Close Mid-Price: 363.8 Percentage Change: + 0.00% Day High: 364.6 Day Low: 363.6
Target met. In the event of International Distribution enjoying further t ……..
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View Previous International Distribution & Big Picture ***
LSE:IGG IG Group. Close Mid-Price: 998.5 Percentage Change: + 0.15% Day High: 1001 Day Low: 995
All IG Group needs are mid-price trades ABOVE 1001 to improve acceleratio ……..
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View Previous IG Group & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 31.5 Percentage Change: + 14.13% Day High: 31.5 Day Low: 27.9
Target met. In the event of Rockhopper enjoying further trades beyond 31. ……..
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View Previous Rockhopper & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust. Close Mid-Price: 992.8 Percentage Change: + 2.20% Day High: 993.6 Day Low: 975
Continued trades against SMT with a mid-price ABOVE 993.6 should improve ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***