#FTSE #Nasdaq There’s a series currently on telly called “Landman” which has become a reliable excuse to waste an hour every week, watching the dramas of a mid-level oil company. It’s not “Dallas” (thankfully) and a developing storyline caught my attention. One of the workers, receiving a large settlement from his employer, has a cunning plan. He’s chasing after oil wells which have dried up, believing if he can get around 50 locations, he’ll be able to attract fracking companies to squeeze out what’s remaining. One dry well will not interest a fracking operator but 50 well sites will get their attention.
This brought an article we wrote about DEC three months ago to mind, when we noted they are the ‘Largest Owner Of Oil Wells’ in North America. We’d assumed the company were building a land bank, due to their ability to decommission wells at a substantially lower price than everyone else. But what if they were awaiting a US President coming, one whose tagline was “Drill, Baby, Drill” and is due to be crowned in just 12 days.
Should DEC be the inspiration for the “Landman” storyline, we’d be amazed but in the real world, since our previous analysis, their share price has risen from 983p to 1427p, achieving our primary and secondary targets with remarkable accuracy. Unsurprisingly, we’ve received emails asking for a “What’s Next?” update. Please remember our entire suspicion for future growth is based entirely on a telly program plotline but, should it story be based on real world potentials, there’s obviously a reasonable chance the owner of “Largest Owner Of Oil Wells in North America” could be poised to use fracking to extract substantial amounts of oil and gas from the land of wells they’ve bought.
Now above 1429p calculates with the potential of a lift to an initial 1630p with our secondary, if exceeded, working out at 1764p and some probable hesitation. Rather impressively, should – in the long term – the share price close above 1764p, it enters a realm where a future 3023 shall be seen as exerting an influence!
Of course, we’ve a converse scenario tucked away, just to make folk miserable. Below 1200p now suggests a potential for weakness to an initial 1061p and hopefully a proper bounce. Closure below such a level opens up a threat of travel down to 940p and a need for us to utterly revamp all our calculations.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 11:22:11PM | BRENT | 7717.5 | |||||||||
| 11:25:01PM | GOLD | 2650.82 | ‘cess | ||||||||
| 11:35:43PM | FTSE | 8236.8 | 8188 | 8164 | 8131 | 8215 | 8262 | 8281 | 8312 | 8232 | Shambles |
| 11:40:01PM | STOX50 | 4999.8 | |||||||||
| 11:43:31PM | GERMANY | 20307.2 | ‘cess | ||||||||
| 11:48:03PM | US500 | 5918.1 | ‘cess | ||||||||
| 11:51:39PM | DOW | 42570.4 | ‘cess | ||||||||
| 11:54:42PM | NASDAQ | 21219 | 21103 | 21069 | 20858 | 21237 | 21703 | 21848 | 22203 | 21450 | Success |
| 11:57:36PM | JAPAN | 39789 | ‘cess |
7/01/2025 FTSE Closed at 8245 points. Change of -0.05%. Total value traded through LSE was: £ 5,502,690,636 a change of 7.78%
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:CPI Capita** **LSE:RKH Rockhopper** **LSE:SMT Scottish Mortgage Investment Trust** **LSE:TW. Taylor Wimpey** **
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Updated charts published on : Capita, Rockhopper, Scottish Mortgage Investment Trust, Taylor Wimpey,
LSE:CPI Capita Close Mid-Price: 13.48 Percentage Change: -2.46% Day High: 13.72 Day Low: 13.44
If Capita experiences continued weakness below 13.44, it will invariably ……..
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View Previous Capita & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 32.7 Percentage Change: + 3.81% Day High: 33.9 Day Low: 31.4
Continued trades against RKH with a mid-price ABOVE 33.9 should improve t ……..
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View Previous Rockhopper & Big Picture ***
LSE:SMT Scottish Mortgage Investment Trust Close Mid-Price: 985.2 Percentage Change: -0.77% Day High: 994.6 Day Low: 978.4
Further movement against Scottish Mortgage Investment Trust ABOVE 994.6 s ……..
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View Previous Scottish Mortgage Investment Trust & Big Picture ***
LSE:TW. Taylor Wimpey Close Mid-Price: 114.6 Percentage Change: -4.46% Day High: 119 Day Low: 114.35
Target met. Weakness on Taylor Wimpey below 114.35 will invariably lead t ……..
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View Previous Taylor Wimpey & Big Picture ***