#FTSE #WallSt A client emailed asking us to examine Games Workshop, a share we’ve forgotten about, probably quite wilfully. A personal guilty secret is a love of Science Fiction writing but unfortunately, the folk who catalogue books include “fantasy” such as Star Wars, Dr Who, and Games Workshops main product, “Warhammer” in the category of Sci-Fi. Unfortunately, there’s an extremely large bunch of Warhammer fans who enthusiastically self publish a massive range of Warhammer stories, based on the popular game from Games Workshop. Accidentally downloading a few of the Warhammer audio-books, none proved of sufficient interest to justify getting beyond the first chapters, and thus the theme joined Star Wars & Dr Who in my personal “blocked” list in the Sci-Fi category.
However, this personal foible hasn’t proven sufficient to dampen Games Workshop share price rise. The company employ a “zero tolerance” approach to those who impinge their Intellectual Property, this doubtless being the reason fans produce so much literature, rather than models, coffee mugs, t-shirts, images, maps, for which Games Workshop jealously protect their copyright. Another company who use “zero tolerance” for their character sets is Disney and the policy certainly hasn’t harmed them.
It’s quite interesting – from our nerd perspective – to note Games Workshop (GW to their friends) are now trading above our logical “Top”, the number beyond which we normally be unable to calculate. This worked out at 18,941p and with a relatively impressive degree of confidence, the market managed to confirm our calculations with the current very visible pause around the 19,000p level. But we’re starting to suspect the current hiatus may yet prove just a stutter for the future as now, above 20,340p should apparently trigger a climb to an initial 20,606p. Our secondary, if bettered, works out at 21,304 and yet another all time high. In fact, our secondary target level is a bit arguable as we can also present a longer term ambition at a future 22,128p.
Who knew there was so much interest in the UK’s answer to Dungeons & Dragons. Perhaps the current UK Prime Minister should consider copyright on his speeches as it seems there is serious money to be made from Fantasy.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 12:03:59AM | BRENT | 7855.4 | |||||||||
| 11:08:38PM | GOLD | 4334.04 | ‘cess | ||||||||
| 11:11:25PM | FTSE | 10461.3 | 10430 | 10401 | 10360 | 10477 | 10524 | 10537 | 10565 | 10486 | ‘cess |
| 11:14:10PM | STOX50 | 6235 | Shambles | ||||||||
| 11:28:49PM | GERMANY | 24798.9 | Shambles | ||||||||
| 11:33:50PM | US500 | 7524 | Shambles | ||||||||
| 11:37:21PM | DOW | 52075 | 51694 | 51514 | 51285 | 51828 | 52200 | 52305 | 53170 | 51977 | |
| 11:51:24PM | NASDAQ | 30067.5 | ‘cess | ||||||||
| 11:54:12PM | JAPAN | 69440 | ‘cess |
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:AV. Aviva** **LSE:EMG MAN** **LSE:HSBA HSBC** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **
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Updated charts published on : Aviva, MAN, HSBC, Rockhopper, Rolls Royce,
LSE:AV. Aviva. Close Mid-Price: 638.6 Percentage Change: + 0.00% Day High: 0 Day Low: 0
In the event of Aviva enjoying further trades beyond 638.6, the share sho ……..
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LSE:EMG MAN. Close Mid-Price: 295.8 Percentage Change: + 0.00% Day High: 0 Day Low: 0
All MAN needs are mid-price trades ABOVE 295.8 to improve acceleration to ……..
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LSE:HSBA HSBC. Close Mid-Price: 1409.6 Percentage Change: + 0.00% Day High: 0 Day Low: 0
All HSBC needs are mid-price trades ABOVE 1418 to improve acceleration to ……..
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View Previous HSBC & Big Picture ***
LSE:RKH Rockhopper. Close Mid-Price: 69.3 Percentage Change: + 0.00% Day High: 0 Day Low: 0
If Rockhopper experiences continued weakness below 68.9, it will invariab ……..
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View Previous Rockhopper & Big Picture ***
LSE:RR. Rolls Royce. Close Mid-Price: 1393 Percentage Change: + 0.00% Day High: 0 Day Low: 0
In the event of Rolls Royce enjoying further trades beyond 1407.6, the sh ……..
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View Previous Rolls Royce & Big Picture ***