#DOW #FTSE #Bitcoin remains attracting plenty of interest, despite the inability of folk to trade it via conventional, respectable, brokers. However, when it managed to ditch 30% of its value during an amazing session on Wednesday, we’re curious as to whether folk remain fascinated. Someone, somewhere, probably thought it was a solid BUY at $39k on Wednesday at noon, the price matching the low of the day. Just 2 hours later, it had lost another $9,000, inevitably collecting a lot of ‘stops’ on the way down.

Once sufficient stop losses had been harvested just above the $30,000 level, the price recovered as if nothing serious had happened.

In fairness, not only Bitcoin experienced a mugging. The issue spread throughout crypto-land, Ethereum being down 43% at one point. All things considered, Wednesday was a bad day for crypto currency but probably a good day for underwear sales. The issue now is one of recovery or more correctly, will it recover?

 

Presently trading around $39,600, Bitcoin presents a puzzle for the reversal experienced. We had fully expected it to fall further, a suspicion which has failed to go away. In the event of the value now breaking below $37,500, there’s a distinct risk of a reversal cycle commencing to an initial $26,200 with secondary, when broken, at a bottom (hopefully) of $21,100 along with an (almost) certain bounce. We are currently unable to calculate anything below the $21k level and for this reason alone, would hope for a significant rebound if such a point is discovered.

To point at a return to happy Bitcoin days, the price needs above $42,700 as this is supposed to trigger recovery to an initial $50,600. If exceeded, our secondary works out at $61,200. Our expectations of such a secondary appearing anytime soon, are roughly at a similar level as anticipating Chelsea fans staging a track invasion at this weekends Monaco Grand Prix.

FTSE for FRIDAY Fridays tend treat the FTSE fairly indifferently but for some reason, our outlook for the day calculates fairly positively. It’s certainly unlikely to be anything related to Formula 1 as Monaco must surely qualify as the one race the sport could do without. Unless it rains, the prospect of watching a 200mph convoy for 90 minutes tends to lack appeal. It’s a race which only assumes attraction, if attending in person. With someone else preferably paying the bills. Generally, whoever starts in front, stays in front and that’s it.

Oddly, the FTSE has prepared itself for Friday by slightly nudging to the front, hence our optimism.

 

Above 7020 points suggests the possibility of some useless growth toward an initial 7031 points. Hopefully the UK market doesn’t opt to spoil the day by choosing to open for trade around the 7031 level as this will tend dampen our expectations. Above 7031 could easily trigger ongoing recovery toward 7074 points with secondary, if exceeded, a less likely 7127 points.

If triggered, the tightest stop loss level looks like 6965 points.

The alternate scenario, if everything intends go pear shaped, demands the market weaken below 6950. This risks triggering a reversal cycle to an initial 6807 points. If broken, we’d hope the pattern would bottom at 6688 points.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:07:55PM	BRENT	64.98	64.75	64.55		65.63	66.1	67.225		65.32	‘cess
10:10:00PM	GOLD	1877.45	1865	1860		1879	1880	1886.5		1872
10:12:35PM	FTSE	7022	6953	6937		7007	7031	7063.5		6950
10:15:33PM	FRANCE	6351	6305	6293		6330	6365	6374		6332	Success
10:18:44PM	GERMANY	15349	15281	15261.5		15344	15398	15521.5		15283	‘cess
10:21:05PM	US500	4155	4081	4045		4126	4174	4199		4128	Success
10:24:10PM	DOW	34069	33770	33698		34004	34224	34257		34036	Success
10:26:55PM	NASDAQ	13494	13382	13369		13508	13529	13578		13388
10:29:13PM	JAPAN	28174	27963	27890		28082	28307	28334		28143	‘cess

 

20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%

19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%

18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%

17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%

14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

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:AGM Applied Graphene** **LSE:BLVN Bowleven** **LSE:CASP Caspian** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:NG. National Glug** **LSE:PHP Primary Health** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:SCLP Scancell** **LSE:ZOL Zoldav** **

********

Updated charts published on : Applied Graphene, Bowleven, Caspian, Centrica, Diageo, ECO (Atlantic) O & G, National Glug, Primary Health, Polymetal, Royal Mail, Scancell, Zoldav,

LSE:AGM Applied Graphene. Close Mid-Price: 32.6 Percentage Change: + 4.15% Day High: 34 Day Low: 32.5

Price movements continue to behave like a drunk, trying to put his trouser ……..

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LSE:BLVN Bowleven. Close Mid-Price: 4.25 Percentage Change: + 0.00% Day High: 4.25 Day Low: 3.9

If Bowleven experiences continued weakness below 3.9, it will invariably ……..

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LSE:CASP Caspian. Close Mid-Price: 2.12 Percentage Change: + 0.00% Day High: 2.12 Day Low: 2.12

Target Met but it has utterly failed to bounce. The share needs above 2.6 ……..

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LSE:CNA Centrica Close Mid-Price: 52.32 Percentage Change: -1.47% Day High: 52.84 Day Low: 51.74

Target met. Weakness on Centrica below 51.74 will invariably lead to 49.5 ……..

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LSE:DGE Diageo. Close Mid-Price: 3402.5 Percentage Change: + 1.66% Day High: 3400.5 Day Low: 3356.5

Continued trades against DGE with a mid-price ABOVE 3400.5 should improve ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 22.75 Percentage Change: + 1.11% Day High: 22.75 Day Low: 22.5

Outlook unchanged: This is still a little worrying, needing below 21p to r ……..

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LSE:NG. National Glug. Close Mid-Price: 950.9 Percentage Change: + 2.18% Day High: 949.3 Day Low: 927.4

In the event of National Glug enjoying further trades beyond 949.3, the s ……..

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LSE:PHP Primary Health. Close Mid-Price: 151.8 Percentage Change: + 0.13% Day High: 152.9 Day Low: 151.3

PHP continues to bore us silly, the price failing comprehensively to do an ……..

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LSE:POLY Polymetal. Close Mid-Price: 1714 Percentage Change: + 1.18% Day High: 1717 Day Low: 1685

Further movement against Polymetal ABOVE 1717 should improve acceleration ……..

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LSE:RMG Royal Mail. Close Mid-Price: 539.8 Percentage Change: + 2.82% Day High: 540 Day Low: 495.7

Target met. Further movement against Royal Mail ABOVE 540 should improve ……..

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LSE:SCLP Scancell. Close Mid-Price: 21 Percentage Change: + 0.00% Day High: 21 Day Low: 21

This is looking worrying as below 19.75 risks reversal to an initial 17.5 ……..

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LSE:ZOL Zoldav Close Mid-Price: 26.5 Percentage Change: -3.64% Day High: 27.5 Day Low: 26.5

Continued weakness against ZOL taking the price below 26.5 calculates as ……..

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

#Dax_Futures #SP500 Similar to the International Space Station, lots of people appear to be watching out for this share making a movement. Unlike the space station, we’re still awaiting the share price to make a reliable movement whereas with orbiting space junk, you can step outside and see it pass, extremely reliably. Last night, for instance, popping out with a camera at 11.29pm gave a 6 minute viewing of the celestial object***. If only share price movements proved as reliable!

 

One aspect where we expect Amigo to prove useful comes with a straightforward scenario. Next time the share price manages to exceed 30.3p, we can calculate the potential of price recovery to an initial 43p. If exceeded, our secondary calculates at 55p. We’re inclined toward hope with this, due to the recent high of 30.3p being, from our perspective, arithmetically exact. When this sort of thing happens, there’s almost an inevitability as to what shall happen, next time such a target level is exceeded.

In other words, the price should go up.

Visually, our ambition of 55p also challenges the pre-Covid highs of February 2020, making some sort of hesitation very possible if such a level is achieved. One price movement certainly gave rise to curiosity as the plunge to 17.5p on May 11th felt quite contrived, creating a suspicion some shares needed a stop loss triggered to make them available. This incident of a 5p drop which recovered in minutes was certainly pretty vivid, again carrying a suggestion of a price getting ready to make a proper movement.

If wanting to play as safe as possible, waiting until the share price exceeds 31.75p to trigger ‘proper’ recovery is the current arithmetically correct level but our inclination is to expect the prior high of 30.3p making itself a trigger level. The price needs below 17.5p to give alarm, threatening reversal to 10.75p.

***A little caveat if intending to view the Space Station. Check for clouds! A potential 6 minute viewing can quickly evaporate into a brief glimpse of a moving light.

***Also, again our thanks to those who find the adverts google place on this page fascinating.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:34:25PM	BRENT	66.57									Success
9:38:40PM	GOLD	1870.16									Success
9:42:38PM	FTSE	6966									Success
9:45:36PM	FRANCE	6274									Success
9:47:56PM	GERMANY	15153	15080	14957	14759	15198	15238	15320	15443	15093	Success
9:51:52PM	US500	4110	4059	4039	3991	4116	4117	4135.5	4161	4082	Success
9:54:40PM	DOW	33855									Success
10:10:32PM	NASDAQ	13221									Success
10:13:04PM	JAPAN	27934									Success

19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%

18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%

17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%

14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

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:AML Aston Martin** **LSE:ASC Asos** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:IHG Intercontinental Hotels Group** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **LSE:ZOL Zoldav** **

********

Updated charts published on : Aston Martin, Asos, Cellular Goods, Centrica, Empyrean, Genel, Intercontinental Hotels Group, Omega Diags, Polymetal, Rolls Royce, Tullow, Zoldav,

LSE:AML Aston Martin Close Mid-Price: 1901 Percentage Change: -0.11% Day High: 1907.5 Day Low: 1865

If Aston Martin experiences continued weakness below 1865, it will invari ……..

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LSE:ASC Asos Close Mid-Price: 4726 Percentage Change: -3.06% Day High: 4824 Day Low: 4624

Weakness on Asos below 4624 will invariably lead to 4326 with secondary, ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.65 Percentage Change: -2.21% Day High: 6.78 Day Low: 6.55

Target met. Continued weakness against CBX taking the price below 6.55 ca ……..

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LSE:CNA Centrica Close Mid-Price: 53.1 Percentage Change: -0.93% Day High: 53.92 Day Low: 52.54

If Centrica experiences continued weakness below 52.54, it will invariabl ……..

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LSE:EME Empyrean. Close Mid-Price: 7.1 Percentage Change: + 2.16% Day High: 7.2 Day Low: 6.9

Target met. Further movement against Empyrean ABOVE 7.2 should improve ac ……..

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LSE:GENL Genel Close Mid-Price: 144 Percentage Change: -4.38% Day High: 151 Day Low: 142.6

In the event Genel experiences weakness below 142.6 it calculates with a ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4781 Percentage Change: -2.17% Day High: 4830 Day Low: 4726

This is becoming a worry as below 4700 now suggests coming reversal toward ……..

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LSE:ODX Omega Diags Close Mid-Price: 66.5 Percentage Change: -2.21% Day High: 68 Day Low: 64.5

Weakness on Omega Diags below 64.5 will invariably lead to 61 with second ……..

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LSE:POLY Polymetal. Close Mid-Price: 1694 Percentage Change: + 1.16% Day High: 1708 Day Low: 1646

Continued trades against POLY with a mid-price ABOVE 1708 should improve ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 103.36 Percentage Change: + 0.41% Day High: 103.66 Day Low: 99.98

If Rolls Royce experiences continued weakness below 99.98, it will invari ……..

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LSE:TLW Tullow Close Mid-Price: 52.2 Percentage Change: -2.94% Day High: 53.04 Day Low: 50.92

Tullow are starting to exhibit some interesting potentials. It’s now the c ……..

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LSE:ZOL Zoldav Close Mid-Price: 27.5 Percentage Change: -3.51% Day High: 28.5 Day Low: 27.5

Weakness on Zoldav below 27.5 will invariably lead to 23 with secondary ( ……..

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

#France #WallSt and Eon from Trends and Targets

Our weekly trip to discover which shares are being most heavily traded in Europe brought E.On to our attention. To be honest, we’d no idea the company was German based, for some reason assuming they were Spanish. A glance at their corporate website revealed a pretty thorough checklist of all the current “right on” terms. They’ve Diversity mentioned, Hydrogen, Fuel Cells, Digital, Sustainability, and of course Innovation. The word “Profitable” was also mentioned once, a daring departure from the norm. Most corporate entities seem to prefer a web presence where dangerous trigger words like ‘profit’ are avoided!

Presently trading around 10,5 Eur, the share price is starting to show some interesting potentials despite spending most of May trapped in the arms of boring. Needing only above 10.8 Eur, a trip toward an initial 11.29 looks pretty assured and confident. For some surprising reason, we’ve multiple calculations all pointing at such an ambition and the story doesn’t actually end there.

Our secondary calculation, should 11.29 be exceeded, works out at 13 Eur. In fact, it may even be 13.4 Euro, thanks to the circled gap on the chart tossing a spanner in the works. Yet again, something surprising occurs with this secondary ambition as yet again, we’ve multiple arguments favouring price recovery to such a level. For this sort of thing to occur once, when reviewing a share price, is pretty unusual and generally indicates a comfortable “no-brainer” expectation of movement to a target level. We’ve never experienced this twice, against the same share, both from Big Picture and Near Term calculations. Time will tell as we’ve no idea what the numbers are telling us…

 

We started by complained Eon share price has been pretty boring during May and the reason appears to be the Blue line on the chart. If we zoom out, viewing the Big Picture since 2014, considerable effort is being made (currently) to inhibit Eon from exploring above this level. (See the inset) As a result, anything now above 10.8 is liable to promote fairly fast and strong price recovery.

Many thanks to those folk who find the few adverts on this page interesting. Pays for our necessary coffee intake!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:41:51PM	BRENT	68.43									‘cess
10:43:57PM	GOLD	1869.68									‘cess
10:46:09PM	FTSE	7006.34									Shambles
10:48:12PM	FRANCE	6326.2	6323	6306	6267	6370	6357	6364	6377	6331	‘cess
10:50:12PM	GERMANY	15301									‘cess
10:53:21PM	US500	4118.42
10:55:48PM	DOW	34012	33976	33884	33683	34126	34126	34158	34219	34038	Success
10:58:03PM	NASDAQ	13196.22
11:00:09PM	JAPAN	28026									Success

 

18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%

17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%

14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

 

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:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:LLOY Lloyds Grp.** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **

********

Updated charts published on : BP PLC, British Telecom, Cellular Goods, Diageo, IG Group, International Personal Finance, Lloyds Grp., Polymetal, Royal Mail,

LSE:BP. BP PLC. Close Mid-Price: 316.8 Percentage Change: + 0.44% Day High: 322.3 Day Low: 315.45

All BP PLC needs are mid-price trades ABOVE 322.3 to improve acceleration ……..

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LSE:BT.A British Telecom. Close Mid-Price: 170.5 Percentage Change: + 2.59% Day High: 171.25 Day Low: 165.25

All British Telecom needs are mid-price trades ABOVE 171.25 to improve ac ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.8 Percentage Change: -2.86% Day High: 7 Day Low: 6.78

If Cellular Goods experiences continued weakness below 6.78, it will inva ……..

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LSE:DGE Diageo Close Mid-Price: 3349 Percentage Change: -0.36% Day High: 3387 Day Low: 3325

All Diageo needs are mid-price trades ABOVE 3387 to improve acceleration ……..

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LSE:IGG IG Group Close Mid-Price: 850 Percentage Change: -1.73% Day High: 871.5 Day Low: 852

This is entering dodgy territory. Now below 837p appears threatening, an i ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 141.8 Percentage Change: + 3.50% Day High: 142.8 Day Low: 135

Target met. Further movement against International Personal Finance ABOVE ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.6 Percentage Change: + 1.10% Day High: 48.95 Day Low: 48.31

In the event of Lloyds Grp. enjoying further trades beyond 48.95, the sha ……..

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LSE:POLY Polymetal. Close Mid-Price: 1674.5 Percentage Change: + 1.73% Day High: 1683.5 Day Low: 1654.5

All Polymetal needs are mid-price trades ABOVE 1683.5 to improve accelera ……..

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LSE:RMG Royal Mail. Close Mid-Price: 529.6 Percentage Change: + 2.00% Day High: 531 Day Low: 521.2

Continued trades against RMG with a mid-price ABOVE 531 should improve th ……..

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

Ripple & HSBC (Coin:XRPUSD) & LSE:HSBA) We’re not entirely clear how folk are able to trade the crypto, Ripple, but our interest is aroused due to the number of emails received regarding our thoughts for the its future. The immediate picture would be attractive, if we were not discussing a crypto as we don’t trust their pricing across exchanges. For Ripple, presently trading around 1.513, it appears movement above 1.70 is almost certain to promote price growth toward an initial 1.95.
Should such a level be exceeded, we can calculate a secondary ambition which we’d usually refer to as ‘longer term’ at 2.19. Of course, as this is a crypto, longer term can easily mean sometime in the next hour or so. When things get exciting, crypto will almost move pretty fast.
It’s curious to note our ambition around the 1.95 level coincides with a Blue downtrend line, a feature in price movements which dates back to 2018. Common sense tends suggest expecting some price hesitation at such a level, especially as it almost matches the prior highs from April this year.
Only if Ripple tends trade below 0.86 would we now be inclined to panic as the reversal threat to 0.07 is quite hideous. To be fair, we suspect the Red line on the chart would intrude as we’re not the only folk capable of drawing straight lines.

As always, our thanks to those who find useful advertising on this page!

HSBC Holdings PLC (LSE:HSBA) When we last reviewed this bank in 2020 (link), we quite gloomily projected the threat of a bottom at 302p. We were feeling quite smug about our prediction until Sept 21st when the market opted to gap (manipulate) the price below our target (circled). Just four days later, the market opted to gap the price above our target level. How we chuckled as a perfect Lady GaGa performance ensued. This is a reference to some really irrational behaviour, mainly from London, where a price is Gapped Down, then Gapped Up. This piece of insanity will often be the precursor for a period of strength and in the case of HSBC, the share price rose steadily from 302p up to 450p. By any standards, an epic GaGa performance, one rarely seen since Covid-19 hit the markets in March 2020.
To be honest, we’ve been unable to produce a reliable map for this behaviour, due to these price gaps giving a period where the share has moved without trades. This makes our usual progression formula uncertain. As everyone learns, you can multiply zero by a million and the answer is still zero. Perhaps this alone provides a reason for this type of market behaviour.
The situation now with HSBC suggests growth next exceeding 459p should aim for an initial 491p. With closure above this point, our longer term secondary calculates at a confident looking 575p.
Should HSBC decide to explore the u-bend in the toilet of share prices, it needs drop below 410 to suggest panic as this threatens reversal to an initial 379p. If broken, our secondary is at 306p and an almost certain bottom.

 

Success
17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%

14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%

---

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:06:50PM	BRENT	69.39									‘cess
10:08:34PM	GOLD	1867.28	1843	1835	1824	1856	1868	1872.75	1882	1852	Success
10:10:29PM	FTSE	7061.04
10:12:15PM	FRANCE	6382
10:14:14PM	GERMANY	15432
10:16:18PM	US500	4165
10:24:04PM	DOW	34368
10:28:04PM	NASDAQ	13325.15	13187	13144.5	13041	13285	13405	13466	13558	13303	Success
10:30:59PM	JAPAN	27761									Success

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:AML Aston Martin** **LSE:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:IPF International Personal Finance** **LSE:NG. National Glug** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Aston Martin, Barclays, Cellular Goods, Foxtons, Hurrican Energy, International Personal Finance, National Glug, Sainsbury,

LSE:AML Aston Martin Close Mid-Price: 1915.5 Percentage Change: -2.15% Day High: 1956.5 Day Low: 1880

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LSE:BARC Barclays Close Mid-Price: 179.22 Percentage Change: -0.82% Day High: 182.24 Day Low: 178.14

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LSE:CBX Cellular Goods. Close Mid-Price: 7 Percentage Change: + 0.00% Day High: 7.1 Day Low: 6.88

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LSE:FOXT Foxtons Close Mid-Price: 59.2 Percentage Change: -0.50% Day High: 60 Day Low: 58.7

Foxton share price movements seem a little off colour, especially given ho ……..
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LSE:HUR Hurrican Energy. Close Mid-Price: 0.71 Percentage Change: + 7.87% Day High: 0.73 Day Low: 0.64

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LSE:IPF International Personal Finance. Close Mid-Price: 137 Percentage Change: + 0.59% Day High: 140 Day Low: 136.6

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LSE:NG. National Glug Close Mid-Price: 931.1 Percentage Change: -0.53% Day High: 942.1 Day Low: 924.6

Continued trades against NG. with a mid-price ABOVE 942.1 should improve ……..
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LSE:SBRY Sainsbury. Close Mid-Price: 264.5 Percentage Change: + 2.12% Day High: 266.8 Day Low: 259.8

Target met. In the event of Sainsbury enjoying further trades beyond 266. ……..
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*** End of “Updated Today” comments on shares.

#Brent_Futures #DAX The UK retail banks are behaving like politicians, only instead of teasing “end of lockdown”, they tease “share price recovery!” We’re increasingly less likely to believe either politicians or the market, thanks to events tending signal neither actually have a clue. Just when we thought it was safe to exit our collective cages, the current hysteria about ‘Covid from India is going to get you’ fails to gel with the hospitality industry suggesting people need drink an extra patriotic 158 pints of beer on average between now and the end of year to undo the damage to their profits. As for politicians and Covid-19, the virus spread ignores a few tiny little details. If flying from some countries into the UK, you can only land in Scotland if willing to accept mandatory quarantine, a nice little earner for the hotel industry. As a result, folk coming to Scotland fly into Heathrow, travel internally to Scotland, and promise to isolate themselves at home for 10 days. They face a difficult threat. Apparently someone might phone them to ask if they are staying indoors…

And then, we question why the illness continues to spread while the markets (in the UK) fail to recover?

Natwest managed a miracle trigger surge above our 201p trigger, utterly failing to achieve our 212p target, instead fizzing out at just 208p with news India Covid was now on our shores. In normal circumstances, the series of price movements would create about the closest thing to a Sure Thing trade as it’s possible to get. Apparently, for Natwest we can now report above 212p should enter a recovery cycle to an initial 250p, a confident and sane looking recovery target. In fact, we can even tighten this now to above 210p allegedly being capable of triggering a series of remorseless drives upward.

We even can calculate a longer term secondary at 306p, something we’re less confident on despite the Big Picture visuals.

 

There is something fairly encouraging revealed by recent price moves. We previously moaned the share needed below 183p to undo any growth trigger. Thus far, the lowest achieved since the trend break upward has been 184.75p, frighteningly close to cancelling recovery potentials but failing to cancel the scenario. As the inset on the chart reveals, this lunge downward came immediately following the previous lunge upward, signalling the market is perfectly aware of both the Blue and Red trend lines. Traditionally, our inclination is to go with any initial trend break as setting the tone for the future. Thus, the movement to 208p may well prove a viable early warning for a share which intends surprise recovery toward 250p.

We’re hopefully not being gullible but the picture shown does lend itself to suggesting Natwest are about to make a surprise recovery surge upward. Goodness knows when! For everything to go wrong, the bank share price needs now sink below 175p. This would be a poor show, threatening a reversal cycle to a bottom, hopefully, at 141p.

As always, many thanks to those who find adverts of interest. Fridays visitors justified a chocolate croissant!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:44:36PM	BRENT	68.63	67.31	66.79	66.16	68.02	68.68	68.82	69.56	67.92
8:46:51PM	GOLD	1844.5									‘cess
8:59:09PM	FTSE	7077.42									‘cess
9:02:10PM	FRANCE	6419									Success
9:33:28PM	GERMANY	15472.48	15275	15182	15079	15376	15493	15542.75	15648	15391	Success
9:40:00PM	US500	4170.97									‘cess
9:41:53PM	DOW	34378									‘cess
9:43:53PM	NASDAQ	13385									Success
9:50:05PM	JAPAN	28259									Success

14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%

6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%

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:DGE Diageo** **LSE:EMG MAN** **LSE:GENL Genel** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glug** **LSE:SBRY Sainsbury** **LSE:VEC Vectura** **

********

Updated charts published on : Diageo, MAN, Genel, Hurrican Energy, Igas Energy, International Personal Finance, Lloyds Grp., National Glug, Sainsbury, Vectura,

LSE:DGE Diageo. Close Mid-Price: 3353.5 Percentage Change: + 1.51% Day High: 3377.5 Day Low: 3323

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LSE:EMG MAN. Close Mid-Price: 171.4 Percentage Change: + 4.96% Day High: 172.05 Day Low: 164.05

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LSE:GENL Genel Close Mid-Price: 152 Percentage Change: -0.91% Day High: 154.8 Day Low: 149.4

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LSE:HUR Hurrican Energy Close Mid-Price: 0.66 Percentage Change: -12.36% Day High: 0.76 Day Low: 0.66

Target met. Continued weakness against HUR taking the price below 0.66 ca ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 21 Percentage Change: + 6.06% Day High: 19.85 Day Low: 19.85

Weakness on Igas Energy below 19.85 will invariably lead to 15.80 with se ……..

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LSE:IPF International Personal Finance Close Mid-Price: 136.2 Percentage Change: -1.16% Day High: 138.8 Day Low: 134

Target met. All International Personal Finance needs are mid-price trades ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.25 Percentage Change: + 2.65% Day High: 48.27 Day Low: 47.26

Continued trades against LLOY with a mid-price ABOVE 48.27 should improve ……..

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LSE:NG. National Glug. Close Mid-Price: 936.1 Percentage Change: + 1.31% Day High: 941.5 Day Low: 930

Further movement against National Glug ABOVE 941.5 should improve acceler ……..

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LSE:SBRY Sainsbury Close Mid-Price: 259 Percentage Change: -0.08% Day High: 262.4 Day Low: 258.5

Further movement against Sainsbury ABOVE 262.4 should improve acceleratio ……..

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LSE:VEC Vectura Close Mid-Price: 118 Percentage Change: -0.51% Day High: 122 Day Low: 118.2

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

#FTSE It has been a few months since we last reviewed #Brent_Crude and now, we’ve reason to suspect it needs an update. Not least in our thinking is the Blue downtrend which dates back to 2014. The close up detail is pretty important, tending to highlight the market is perfectly aware of this downtrend. As shown on the chart inset, Brent Crude bubbled up above the trend at the start of May, frothing just above the surface before being driven underground again.

From our perspective, the implication behind this behaviour is straightforward. Next time Brent exceeds the $71 level, it’s going to be difficult to avoid a cycle to an initial $76 with secondary, when exceeded, at a longer term $94. We would anticipate some hesitation, should the $94 level make an appearance.

For everything to go wrong, our alternate scenario suggests weakness below 63 could now start a drip down to a bottom of $50 eventually.

Our inclination is to view price movements in May as an early warning for gains ahead, especially as it’s quite rare for a commodity to present such a clear case for price growth. Seeing how the market chose to react, when the product bettered a 7 year trend, was quite illuminating, tending suggest any gain – if triggered – is liable to be sharp and fast, doubtless with a minimal stop loss requirement. For some reason, the internet on Thursday had a photographic deluge of people in America panic buying petrol, with folk in Florida being quite creative in their choice of container. Quite how they intend to retrieve their fuel from wheelie bins in the back of pick up trucks should prove ‘interesting’.

FTSE for FRIDAY (FTSE:UKX) This week, the FTSE proved as friendly as a visit to a dentist but we’re inclined to hope the reversals have ceased. Certainly, the “surprise” recovery on Thursday for the FTSE, with the market moving from 2.5% down to a negligible 0.6% down by the end of day tended to scream “bottom at 6823 points” and we should now employ blind faith for further market recovery. All kidding aside, this is our expectation but one punctuated by a suspicion there may be another fake drop first. If this proves the case, we’d hope for a bounce around the 6860 level, if only due to the FTSE falling asleep for 2.5 hours at this level during Tuesday.

We’re inclined to place a trigger level at 7010 for any recovery as movement above this level calculates as capable of an initial 7058 points with secondary, if exceeded, at 7139 points. Such movement will tend suggest the last three days were simply an illusion, creating a scenario with an underlying attraction coming from 7496 points, almost precisely the level of the FTSE before Covid-19 coughed all the toys out of the pram. There are quite a few deeper reasons to anticipate FTSE recovery and we feel the main question is the path any recovery shall take. A heck of a lot of major corporates which comprise the FTSE are triggering recovery levels, just failing to move – yet!

 

Our converse scenario occurs, if the FTSE finds an excuse to slide below 6857 points. Such a movement threatens reversal continuing to an initial 6792. If broken, our secondary calculates down at 6724 and we’d hope for a bounce at such a point.

Google must have emplaced some useful adverts on this page on Thursday. Again, our thanks to those folk who deemed them worth a visit!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:48:34PM	BRENT	66.94	66.37	65.66		67.27	68.46	68.815		67.97	Success
10:50:22PM	GOLD	1826	1808	1803		1822	1829	1833.5		1820	‘cess
10:53:08PM	FTSE	6979.85	6909	6879		6984	6990	7038		6909	Success
10:54:50PM	FRANCE	6306.8	6270	6257		6304	6317	6329		6270	Success
10:56:39PM	GERMANY	15254	15138	15106		15225	15271	15297		15162	Success
10:58:52PM	US500	4114	4071	4044		4133	4145	4174.5		4075	Shambles
11:02:24PM	DOW	34036	33772	33670		34048	34183	34326.5		33933	‘cess
11:04:28PM	NASDAQ	13105	13007	12940		13176	13236	13283.5		13007	Shambles
11:06:39PM	JAPAN	27714	27406	27304		27650	27810	28010.5		27521	Success

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%

6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%

5/05/2021 FTSE Closed at 7039 points. Change of -100%. Total value traded through LSE was: £ 6,461,512,143 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:AFC AFC Energy** **LSE:ASC Asos** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:GENL Genel** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:OPG OPG Power Ventures** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : AFC Energy, Asos, Carclo, Cellular Goods, Centrica, Capita, Genel, British Airways, IQE, ITM Power, OPG Power Ventures, Polymetal, Reabold Resources PLC, Taylor Wimpey,

LSE:AFC AFC Energy. Close Mid-Price: 53.7 Percentage Change: + 0.19% Day High: 54.9 Day Low: 49.3

In the event AFC Energy experiences weakness below 49.3 it calculates wit ……..

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LSE:ASC Asos Close Mid-Price: 4742 Percentage Change: -2.79% Day High: 4830 Day Low: 4650

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LSE:CAR Carclo Close Mid-Price: 66 Percentage Change: -4.07% Day High: 71 Day Low: 65

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LSE:CBX Cellular Goods. Close Mid-Price: 7.2 Percentage Change: + 0.00% Day High: 7.35 Day Low: 7.05

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LSE:CNA Centrica Close Mid-Price: 54.02 Percentage Change: -1.85% Day High: 54.38 Day Low: 53.42

Imminent weakness below 53.4 points at an initial 51 with secondary a bott ……..

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LSE:CPI Capita. Close Mid-Price: 41.33 Percentage Change: + 0.17% Day High: 41.44 Day Low: 39.62

If Capita experiences continued weakness below 39.62, it will invariably ……..

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LSE:GENL Genel Close Mid-Price: 153.4 Percentage Change: -12.04% Day High: 168.8 Day Low: 152.6

Weakness on Genel below 152.6 will invariably lead to 138 with secondary ……..

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LSE:IAG British Airways Close Mid-Price: 191.9 Percentage Change: -0.90% Day High: 195.58 Day Low: 185.58

Continued weakness against IAG taking the price below 185.58 calculates a ……..

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LSE:IQE IQE Close Mid-Price: 49.3 Percentage Change: -6.27% Day High: 55 Day Low: 46.8

Target met. In the event IQE experiences weakness below 46.8 it calculate ……..

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LSE:ITM ITM Power Close Mid-Price: 332 Percentage Change: -0.18% Day High: 341 Day Low: 307.6

Target met. If ITM Power experiences continued weakness below 307.6, it w ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 17.88 Percentage Change: + 0.00% Day High: 17.88 Day Low: 17.88

This is supposed to be heading up, yet failing to do so. There’s now a cle ……..

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LSE:POLY Polymetal Close Mid-Price: 1578 Percentage Change: -2.02% Day High: 1615 Day Low: 1557

With movement above just 1650, this risks becoming of interest as growth t ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.65 Percentage Change: -2.99% Day High: 0.68 Day Low: 0.64

Now below 0.55 looks problematic, allowing reversals to an initial 0.38 wi ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 174 Percentage Change: -0.51% Day High: 175.15 Day Low: 169.75

This almost fell off a little cliff as below 169 now points at 159 with se ……..

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

#Dax #Nasdaq Few things are more annoying than a song stuck in your head. Inevitably, this lot promoted “Sylvia’s Mother” by Dr Hook into the #1 position, making us wonder how long it takes employees of the company to start detesting the tune! In our review of Sylvania back in 2019 (link), we mentioned forces were at work which allowed a lunge in the direction of 61p. This was due to price movements from six years previously.

 

Sylv Price Today

Obviously, with the share now trading around 140p, our goal was achieved. An awkward situation now exists as we’re forced to travel back to 1999. Thankfully an abiding dislike of the singer Prince ensured his dreadful tune with that number in the title didn’t emulate Dr Hook.

By this method, we can try and make sense of where current price movements find their inspiration. Once upon a time, the share was trading above 600p and this appears to provide the arithmetic powering current price strength, a quite extraordinary situation from our perspective. Making matters more difficult, a couple of gaps exist on the chart which circle major price adjustments where there was no trading. Something happened at the start of the 21st century, when one morning the market awoke and decided Sylvania was no longer worth 5 quid a share but instead, around 33p represented fair value.

In the period since the share price exceeded 96p, we’ve little choice but to seek inspiration from the days when it was trading at 650p. From our standpoint, this is now the only thing making sense, capable of explaining the rise to current levels.

 

Next above 151p should prove capable of bringing a visit to an initial 162p. If exceeded, our longer term secondary calculates at 218p. Above such a level, things are necessarily vague, thanks to the circled gaps and we shall prefer revisit to run the numbers again. We’ve chosen to show a long term 336p but the reality of such ambition almost needs guesswork.

 

Finally, the inset below shows a textbook case of our target levels. Earlier in 2020, the share price indeed hit – and exceeded – our target of 61p. The share price then tanked, plunging to 24p. But at the start of September 2020, the price once again attained our 61p and once the prior highs were finally beaten, a state of “higher highs” existed and the rest is history with the price languishing at 140p presently. The value of the share price would need to literally half before we’d suggest time to panic.

*** Writing a daily thanks to the kind folk who chose to visit adverts on this page reminds people shouldn’t be taken for granted. We’re pleased Google are obviously directing interesting content here.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:10:13PM	BRENT	68.89									Success
10:16:31PM	GOLD	1815									Success
10:18:46PM	FTSE	6959.39
10:20:26PM	FRANCE	6245.5									Shambles
10:22:46PM	GERMANY	15079	15000	14969	14883	15129	15202	15226	15282	15112	‘cess
10:25:51PM	US500	4056									Success
10:29:32PM	DOW	33579.8									‘cess
10:31:52PM	NASDAQ	12978	12963	12899	12736	13195	13113	13204.5	13239	12992	‘cess
10:36:12PM	JAPAN	27963

 

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%

6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%

5/05/2021 FTSE Closed at 7039 points. Change of 1.68%. Total value traded through LSE was: £ 6,461,512,143 a change of 1.02%

4/05/2021 FTSE Closed at 6923 points. Change of -100%. Total value traded through LSE was: £ 6,395,995,707 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:AV. Aviva** **LSE:BLVN Bowleven** **LSE:BPC Bahamas Pet** **LSE:CAR Carclo** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:MRW Morrisons** **LSE:SBRY Sainsbury** **

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Updated charts published on : Aviva, Bowleven, Bahamas Pet, Carclo, Diageo, Glencore Xstra, International Personal Finance, IQE, Morrisons, Sainsbury,

LSE:AV. Aviva. Close Mid-Price: 403.5 Percentage Change: + 0.75% Day High: 405.1 Day Low: 397.3

Apparently this only needs above 417p to next start a path toward 473p. If ……..

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View Previous Aviva & Big Picture ***

LSE:BLVN Bowleven. Close Mid-Price: 4.75 Percentage Change: + 0.00% Day High: 4.75 Day Low: 4.25

Even below 4.1 now looks troubling, still painting 2.5 as a “bottom” targe ……..

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View Previous Bowleven & Big Picture ***

LSE:BPC Bahamas Pet. Close Mid-Price: 0.34 Percentage Change: + 5.47% Day High: 0.32 Day Low: 0.3

If Bahamas Pet experiences continued weakness below 0.30, it will invaria ……..

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LSE:CAR Carclo. Close Mid-Price: 68.8 Percentage Change: + 12.79% Day High: 70 Day Low: 58.8

Target met. In the event of Carclo enjoying further trades beyond 70, the ……..

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LSE:DGE Diageo. Close Mid-Price: 3298.5 Percentage Change: + 3.40% Day High: 3326 Day Low: 3251

Target met. Further movement against Diageo ABOVE 3326 should improve acc ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 333.1 Percentage Change: + 1.59% Day High: 339.25 Day Low: 329.6

Target met. Continued trades against GLEN with a mid-price ABOVE 339.25 s ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 134.4 Percentage Change: + 2.75% Day High: 136 Day Low: 129.6

In the event of International Personal Finance enjoying further trades be ……..

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LSE:IQE IQE Close Mid-Price: 52.6 Percentage Change: -2.23% Day High: 55.6 Day Low: 52.6

Should IQE experiences weakness below 52.6, it calculates with a drop pote ……..

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LSE:MRW Morrisons. Close Mid-Price: 184.3 Percentage Change: + 1.07% Day High: 186.45 Day Low: 183

In the event of Morrisons enjoying further trades beyond 186.45, the shar ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 259.3 Percentage Change: + 2.13% Day High: 259.9 Day Low: 253.4

Target met. Continued trades against SBRY with a mid-price ABOVE 259.9 sh ……..

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View Previous Sainsbury & Big Picture ***

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