#Stoxx #Germany We’ve become quite firmly against the concept of wind-power, especially onshore. Suspecting it’s only a great idea for companies who are subsidy junkies, here in Argyll there’s always quite lively resistance every time a new “will be great for the community” planning application crawls from under a rock. Oddly, the current weather, along with the vile winter of 2010, reminds of why wind turbines are a waste of money. When we REALLY need electricity in times of cold, such as 2010, or in times of air conditioners such as right now, the wind isn’t blowing. The winter of 2010/11 was spectacular, sub-zero for around 12 weeks due to something called a “Blocking High”. There was no wind and our private hydro electric system couldn’t run, due to the brook being frozen. It was a nasty reminder of how “green” initiatives didn’t work, when most needed. Thankfully, we’ve a forest above the garden, loads of trees and plenty of fuel for our wood burning stove.
Currently, with super weather conditions, the brook in the garden is dry and when we look across the sea to wind turbines polluting Ayrshire, they’re all taking a break due to the lack of wind.
In conclusion, for Argyll, green energy repeatedly doesn’t work, when power is needed. At present, there’s a local battle against an initiative to bring 500′ tall wind turbines to the area, the thinking presumably being a bigger turbine will cope with our miserable weather, when it isn’t freezing or boiling. 500 foot tall wind turbines will obviously foul up Argyll’s scenery, even soaring above the hills which almost successfully conceal our nearest town of Dunoon, a place trapped in time, where nothing actually happens. An ongoing joke is the local cinema still plays “Gone With The Wind” on repeat. (though, to be fair, the place is quite nice inside and their goodies prices as shameless as any mainland cinema)
Our conscience clear after admitting our bias against wind farm charlatans, selling products which don’t work when needed, we must concede Greencoat share price is on the edge of becoming interesting. we’ve been able to calculate 108p as a potential trigger level for creating fun days ahead. Perhaps there’s an expectation the newest UK Prime Minister shall introduce a new set of headline grabbing initiatives, allowing movement above 108 to trigger gains to an initial 118 with our secondary, if beaten, at a future 131p. These sort of movements shall doubtless prove quite attractive, giving the threat of a Big Picture 161p providing a distant attraction.
Should things intend go ‘IBM Shaped’ (glance at their share price), below 99p should cause extreme eyebrow action, giving the potential for weakness to an initial 96p with our secondary, if broken, at 90p and perhaps a bottom. Or perhaps not, the Big Picture suggesting bottom should be just above 76p.
This could prove worth watching.
FUTURES
FUTURES
| Time Issued | Market | Price At Issue | Short Entry | Fast Exit | Slow Exit | Stop | Long Entry | Fast Exit | Slow Exit | Stop | Prior |
| 10:36:19PM | BRENT | 8479.1 | |||||||||
| 11:07:07PM | GOLD | 4060.33 | |||||||||
| 11:37:58PM | FTSE | 10489 | |||||||||
| 11:40:33PM | STOX50 | 6287.2 | 6236 | 6226 | 6202 | 6275 | 6295 | 6322 | 6366 | 6262 | |
| 11:43:32PM | GERMANY | 25012 | 24838 | 24691 | 24515 | 25019 | 25138 | 25228 | 25358 | 25034 | |
| 11:45:45PM | US500 | 7575.2 | |||||||||
| 11:48:25PM | DOW | 52675 | ‘cess | ||||||||
| 11:50:37PM | NASDAQ | 29510.7 | Shambles |
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:FRES Fresnillo** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:ZOO Zoo Digital** **
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Updated charts published on : Fresnillo, Genel, Zoo Digital,
LSE:FRES Fresnillo. Close Mid-Price: 2515 Percentage Change: + 0.00% Day High: 0 Day Low: 0
Continued weakness against FRES taking the price below 2472 calculates as ……..
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LSE:GENL Genel. Close Mid-Price: 51.4 Percentage Change: + 0.00% Day High: 0 Day Low: 0
In the event Genel experiences weakness below 51.4 it calculates with a d ……..
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LSE:ITRK Intertek. Close Mid-Price: 5830 Percentage Change: + 0.00% Day High: 0 Day Low: 0
The next task for Intertek is to get the price above 5840 (not with a fak ……..
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LSE:ZOO Zoo Digital. Close Mid-Price: 9.75 Percentage Change: + 0.00% Day High: 0 Day Low: 0
In the event Zoo Digital experiences weakness below 9.38 it calculates wi ……..
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