FTSE for FRIDAY & some GOLD thoughts (FTSE:UKX)

#FTSE #GOLD

A throwaway saying, “Sleepwalked into it”, has always gone unquestioned until last night, when a surprise side effect of a Diabetes drug decided to make itself known. Apparently, I rose from bed, stepped over the sleeping dog, walked through the lounge into the kitchen, and turned the kettle on. Then went into the toilet and flushed without using it, returning to the kitchen and turning the kettle off. And then went back to bed. My wife realised something was “off” as I’d ignored her ‘morning’ greeting and also ignored my expresso machine in favour of the kettle. Facing the usual quandary question of whether to wake the sleepwalker, she instead rushed to get her mobile phone to video the incident and tripped over the dog who’d suddenly stood up, falling onto the bed, waking me.

The point behind this is pretty simple. The sleepwalker avoided hazards, the person who was awake didn’t.

Maybe the term “Sleepwalked into it” is another of life’s misnomers but regardless, we’re trying a new drug to treat Type 2 Diabetes as this wasn’t a comfortable experience for anyone in the household.

Last week in our FTSE for FRIDAY, we’d expressed some optimism for the FTSE as despite lots of media hype suggesting market reversals, the FTSE appears to indeed be setting out on a path to 7777 points, refusing to sleepwalk into the much promised recession. The situation remains fairly promising.

Now above 7604 suggests the potential of further gains to an initial tame 7622 points with secondary, if beaten, a slightly more encouraging 7642 points. Overall, we continue to regard 7777 as a viable target eventually on the current cycle. Unfortunately, the required stop loss for this scenario remains insane at 7421 points.

Our converse scenario implies the market needs below 7505 to provoke reversal to an initial 7481 with secondary, if broken, at 7421 and hopefully a bounce.

GOLD (XAU/USD) is getting a little interesting, presenting some allegedly safe characteristics. It’s apparently the case movement now above 1805 dollars should next make an attempt at 1835 dollars with our secondary, if bettered, working out at 1901 dollars. We’ve loads of arguments favouring gains such as this, perhaps too many as it makes us suspicious. Then again, it is the festive season and maybe Gold is about to enjoy its own little Santa Rally. It needs below $1750 to justify panic.

 

Have a good weekend.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:54:04PM BRENT 87.1 86.2 85.07 87.76 89.36 89.965 86.7 Success
9:57:13PM GOLD 1803.69 1793 1789 1799 1804 1810 1774 Success
9:59:25PM FTSE 7560.73 7542 7520 7566 7619 7649 7573
10:01:42PM STOX50 3980.9 3965 3953 3987 4004 4015 3983
10:03:57PM GERMANY 14487 14414 14364 14510 14564 14614 14473
10:05:40PM US500 4073.67 4049 4036 4088 4090 4100 4068 ‘cess
10:07:45PM DOW 34362 34124 33872 34339 34664 34787 34445
10:09:32PM NASDAQ 12022 11923 11882 12055 12119 12158 12006 ‘cess
10:11:48PM JAPAN 28001 27922 27855 28045 28304 28420 28134 ‘cess

 

1/12/2022 FTSE Closed at 7558 points. Change of -0.2%. Total value traded through LSE was: £ 4,958,235,310 a change of -42.03%
30/11/2022 FTSE Closed at 7573 points. Change of 0.81%. Total value traded through LSE was: £ 8,552,950,993 a change of 45.26%
29/11/2022 FTSE Closed at 7512 points. Change of 0.51%. Total value traded through LSE was: £ 5,887,947,739 a change of 42.84%
28/11/2022 FTSE Closed at 7474 points. Change of -0.16%. Total value traded through LSE was: £ 4,121,947,461 a change of -6.58%
25/11/2022 FTSE Closed at 7486 points. Change of 0.27%. Total value traded through LSE was: £ 4,412,047,721 a change of 36.26%
24/11/2022 FTSE Closed at 7466 points. Change of 0.01%. Total value traded through LSE was: £ 3,237,992,179 a change of -28.67%
23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%

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:AVCT Avacta** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **

********

Updated charts published on : Avacta, Centamin, Diageo, Fresnillo, Hikma, Igas Energy, IG Group, Intercontinental Hotels Group, IQE, ITM Power, Intertek,

LSE:AVCT Avacta. Close Mid-Price: 106.4 Percentage Change: + 4.31% Day High: 108.5 Day Low: 102.5

If Avacta experiences continued weakness below 102.5, it will invariably ……..

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LSE:CEY Centamin. Close Mid-Price: 108.5 Percentage Change: + 2.75% Day High: 108.85 Day Low: 105.7

Target met. In the event of Centamin enjoying further trades beyond 108.8 ……..

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LSE:DGE Diageo. Close Mid-Price: 3846 Percentage Change: + 1.00% Day High: 3881.5 Day Low: 3828.5

All Diageo needs are mid-price trades ABOVE 3881.5 to improve acceleratio ……..

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LSE:FRES Fresnillo. Close Mid-Price: 903.2 Percentage Change: + 0.62% Day High: 910 Day Low: 893.6

Target met. Continued trades against FRES with a mid-price ABOVE 910 shou ……..

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LSE:HIK Hikma. Close Mid-Price: 1541.5 Percentage Change: + 1.82% Day High: 1557.5 Day Low: 1506.5

Target met. Further movement against Hikma ABOVE 1557.5 should improve ac ……..

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LSE:IGAS Igas Energy Close Mid-Price: 20.2 Percentage Change: -8.18% Day High: 21.6 Day Low: 19.5

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LSE:IGG IG Group. Close Mid-Price: 836.5 Percentage Change: + 2.07% Day High: 844.5 Day Low: 822.5

All IG Group needs are mid-price trades ABOVE 844.5 to improve accelerati ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 4820 Percentage Change: + 0.48% Day High: 4863 Day Low: 4806

Target met. All Intercontinental Hotels Group needs are mid-price trades ……..

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LSE:IQE IQE. Close Mid-Price: 53.1 Percentage Change: + 2.31% Day High: 54.4 Day Low: 52.2

Target met. In the event of IQE enjoying further trades beyond 54.4, the ……..

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LSE:ITM ITM Power. Close Mid-Price: 104.55 Percentage Change: + 1.36% Day High: 108.1 Day Low: 102.35

All ITM Power needs are mid-price trades ABOVE 108.1 to improve accelerat ……..

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LSE:ITRK Intertek. Close Mid-Price: 4093 Percentage Change: + 1.19% Day High: 4158 Day Low: 4059

Continued trades against ITRK with a mid-price ABOVE 4158 should improve ……..

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

Easyjet Plc (LSE:EZJ), ready to soar or sore?

#Gold #Stoxx

We quite cruelly refer to market price gaps at the open of trade as “manipulation”. Our reasoning is quite basic, if no-one was able to trade, how else can the market justify the price movement? But if manipulation is your thing, few shares prove quite as fascinating as Easyjet, a share where we’ve been painting little red circles since 2020 on inexplicable price movements.

There are a lot, an awful lot, roughly 10 per year.

From our perspective, it’s a sodding nuisance as software likes data which makes sense. When gaps in the trading value of shares appear, they provoke a degree of confusion and led us to introduce a little piggy bank of gap values against shares. These accumulating values essentially allow for Plus or Minus parameters in any major price movement. To be fair, we’ve as little confidence in this logic proving correct or having any hope the reader will understand the point being made.

 

With Easyjet, the confusion is strong with this one. We reviewed the share a couple of months ago, promising we’d revisit if the price closed above our 355p target level.

Trading around 390p at time of writing, the share price needs exceed just 415p to give considerable hope for an ascent to an initial 457p with secondary, if bettered, at a longer term 572p. So far, so good, unless we throw a spanner in the works and take account of manipulation gaps. Above our secondary hovers a third level calculation at 793p, a number which visually even looks sane! Our confidence always increases, when target values match historic highs or lows. In the case of the 800p level, the share price has tended to pivot above and below for quite a while.

 

Unfortunately, this is Easyjet and we’re a little worried at the effort employed to stop the share price from closing above Blue, the downtrend since pre-pandemic 2020. If this avoidance of the trend proves correct, below 370p risks promoting reversal to an initial 323p with secondary, if broken, down at 258p.

We think Easyjet shall offer a surprise and head to 572p next.

 

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:00:22PM BRENT 86.78
10:03:43PM GOLD 1770.08 1757 1754 1749 1765 1771 1776 1780 1757 ‘cess
10:07:01PM FTSE 7615.89 Success
10:19:35PM STOX50 4019.2 3941 3912 3876 3971 4020 4037 4031 3988 ditto
10:26:50PM GERMANY 14588
10:28:41PM US500 4086 Success
10:30:59PM DOW 34565 ditto
10:33:31PM NASDAQ 12048.8 ditto
10:35:45PM JAPAN 28361 ditto

 

30/11/2022 FTSE Closed at 7573 points. Change of 0.81%. Total value traded through LSE was: £ 8,552,950,993 a change of 45.26%
29/11/2022 FTSE Closed at 7512 points. Change of 0.51%. Total value traded through LSE was: £ 5,887,947,739 a change of 42.84%
28/11/2022 FTSE Closed at 7474 points. Change of -0.16%. Total value traded through LSE was: £ 4,121,947,461 a change of -6.58%
25/11/2022 FTSE Closed at 7486 points. Change of 0.27%. Total value traded through LSE was: £ 4,412,047,721 a change of 36.26%
24/11/2022 FTSE Closed at 7466 points. Change of 0.01%. Total value traded through LSE was: £ 3,237,992,179 a change of -28.67%
23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%
22/11/2022 FTSE Closed at 7452 points. Change of 1.03%. Total value traded through LSE was: £ 3,425,428,256 a change of -30.51%

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:ASC Asos** **LSE:BARC Barclays** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Asos, Barclays, Carclo, Cellular Goods, Diageo, Glencore Xstra, Igas Energy, Natwest, Ocado Plc, Standard Chartered,

LSE:ASC Asos. Close Mid-Price: 631.5 Percentage Change: + 3.36% Day High: 628.5 Day Low: 585

If Asos experiences continued weakness below 585, it will invariably lead ……..

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LSE:BARC Barclays. Close Mid-Price: 161.24 Percentage Change: + 0.15% Day High: 162.8 Day Low: 160.38

Continued trades against BARC with a mid-price ABOVE 162.8 should improve ……..

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LSE:CAR Carclo Close Mid-Price: 14 Percentage Change: -11.11% Day High: 14.95 Day Low: 10.6

Target met. If Carclo experiences continued weakness below 10.6, it will ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.25 Percentage Change: -7.41% Day High: 1.35 Day Low: 1.25

In the event Cellular Goods experiences weakness below 1.25 it calculates ……..

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LSE:DGE Diageo. Close Mid-Price: 3808 Percentage Change: + 1.06% Day High: 3833 Day Low: 3774.5

Further movement against Diageo ABOVE 3833 should improve acceleration to ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 563.5 Percentage Change: + 2.31% Day High: 566.4 Day Low: 549

Target met. Continued trades against GLEN with a mid-price ABOVE 566.4 sh ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 22 Percentage Change: + 3.29% Day High: 21.4 Day Low: 20.4

Target met. If Igas Energy experiences continued weakness below 20.4, it ……..

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LSE:NWG Natwest. Close Mid-Price: 261.9 Percentage Change: + 0.54% Day High: 264.4 Day Low: 260.3

Continued trades against NWG with a mid-price ABOVE 264.4 should improve ……..

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LSE:OCDO Ocado Plc. Close Mid-Price: 622.6 Percentage Change: + 0.91% Day High: 634.2 Day Low: 613

Continued trades against OCDO with a mid-price ABOVE 750 should improve th ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 617.4 Percentage Change: + 1.38% Day High: 617.8 Day Low: 608.2

Further movement against Standard Chartered ABOVE 617.8 should improve ac ……..

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

Nasdaq and Wall Street (NASDAQi:NDX & DOWi:DJI), a tale of two index

#FTSE #Nasdaq

Perception can be a strange thing. After falling on wet decking, a visit to A&E seemed wise, a visit which, if the media were believed would be a nightmare of epic proportions. Obviously NHS Scotland is different but, 60 minutes later and advised not to drive for 24 hours, I was sent home with a little pat on the head. (Not kidding!) Concussion seems unlikely.

Sometimes, a little extra work is required, taking a “belt & braces” approach to a subject and currently, the US Nasdaq market is providing a quite amazing masterclass in chart behaviour. Recently, we’ve written at length on how important it can be, when a price or value exceeds the level of a previous trend break.

The Nasdaq, presently trading around 11,500, managed this feat back in October but essentially has failed to launch. This is rather odd, given Wall St has been enjoying its own little party and looks capable of continuing the festivities. For the Nasdaq, the trend break level was identical to the current value of the index, so perhaps we’re witnessing the phenomena of “backtesting” (we’re not, the idea is a fallacy). Instead, there’s something rather strange going on, the reasons for which defeat us but, also serve to present an opportunity for a future Long position.

The chart below has a couple of extracts, giving Nasdaq price movements since September. For reasons known only to the gods of the market, the Nasdaq has not yet closed above the prior Red trend, instead carefully assigned a place mumbling along just below the Red trend line. This sort of behaviour, while defying logic, comes with a pretty confident promise.

Should the Nasdaq opt to close a session above Red, it’s almost certainly intending to head up. At present, this implies a requirement for the index to close above 11,870 points as a cycle to 12,734 points shall hopefully commence. Any stop loss can usually be extremely tight in this circumstance, so it’s perhaps worth keeping an eye on.

 

As usual, we can present a converse scenario, one which isn’t particularly exciting as it suggests weakness below 11,600 threatens reversal to 11,237 with secondary, if broken, at 10,986 and ideally a bounce. The index needs below 10,600 to allude the need for running shoes.

Wall Street Above, we mentioned it being party time for Wall St. Some of the numbers are truly impressive as we’re not used to presenting scenario with 1,000+ point jump potentials.

Currently, above 34,387 calculates as capable of a lift to 35,000 next with our secondary, if exceeded, working out at 36,145 points. This ambition almost matches the highs experienced by Wall St at the start of this year and should the US primary market want to send a message of “everything is rosy”, we can now calculate a third level ambition at an eventual 37,100 points and a new all time high.

If things intend going wrong for the DOW, closure below 33,300 will serve to give early warning as this risks triggering reversal to an initial 32,667 points with secondary, if broken, at 32,045 points and hopefully a bounce.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:05:37PM FTSE 7538 7487 7479 7458 7515 7542 7553 7572 7500 Success
9:07:39PM BRENT 84.62 Success
9:10:00PM GOLD 1748.96 ‘cess
9:11:53PM STOX50 3949 ‘cess
9:14:33PM GERMANY 14409
9:28:26PM US500 3954.72
9:31:12PM DOW 33846
9:33:08PM NASDAQ 11494 11442 11374 11194 11579 11682 11769 11878 11608 ‘cess
9:35:41PM JAPAN 27979 ‘cess

 

29/11/2022 FTSE Closed at 7512 points. Change of 0.51%. Total value traded through LSE was: £ 5,887,947,739 a change of 42.84%
28/11/2022 FTSE Closed at 7474 points. Change of -0.16%. Total value traded through LSE was: £ 4,121,947,461 a change of -6.58%
25/11/2022 FTSE Closed at 7486 points. Change of 0.27%. Total value traded through LSE was: £ 4,412,047,721 a change of 36.26%
24/11/2022 FTSE Closed at 7466 points. Change of 0.01%. Total value traded through LSE was: £ 3,237,992,179 a change of -28.67%
23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%
22/11/2022 FTSE Closed at 7452 points. Change of 1.03%. Total value traded through LSE was: £ 3,425,428,256 a change of -30.51%
21/11/2022 FTSE Closed at 7376 points. Change of -0.12%. Total value traded through LSE was: £ 4,929,378,651 a change of -6.71%

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:AVCT Avacta** **LSE:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:NWG Natwest** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **

********

Updated charts published on : Avacta, Barclays, Cellular Goods, Diageo, Glencore Xstra, Natwest, Standard Chartered, Tern Plc,

LSE:AVCT Avacta Close Mid-Price: 116.9 Percentage Change: -2.58% Day High: 125 Day Low: 116.5

In the event of Avacta enjoying further trades beyond 125, the share shou ……..

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LSE:BARC Barclays. Close Mid-Price: 161 Percentage Change: + 1.78% Day High: 161.78 Day Low: 157.28

In the event of Barclays enjoying further trades beyond 161.78, the share ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.35 Percentage Change: -1.82% Day High: 1.38 Day Low: 1.32

Target met. Continued weakness against CBX taking the price below 1.32 ca ……..

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LSE:DGE Diageo Close Mid-Price: 3768 Percentage Change: -0.48% Day High: 3812.5 Day Low: 3763.5

Continued trades against DGE with a mid-price ABOVE 3812.5 should improve ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 550.8 Percentage Change: + 2.32% Day High: 552.4 Day Low: 539.1

In the event of Glencore Xstra enjoying further trades beyond 552.4, the ……..

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LSE:NWG Natwest. Close Mid-Price: 260.5 Percentage Change: + 2.32% Day High: 261.4 Day Low: 254.2

Target met. All Natwest needs are mid-price trades ABOVE 261.4 to improve ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 609 Percentage Change: + 5.04% Day High: 609 Day Low: 580.6

Continued trades against STAN with a mid-price ABOVE 609 should improve t ……..

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LSE:TERN Tern Plc. Close Mid-Price: 10.75 Percentage Change: + 4.88% Day High: 11.25 Day Low: 10.25

Further movement against Tern Plc ABOVE 11.25 should improve acceleration ……..

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

Unilever Plc (LSE:ULVR), escaping the ice cream meltdown?

#Gold #SP500

Unilever are engrossed in a pantomime legal dispute with a company they own, the Ben & Jerry’s brand. The levels of hilarity are already at 11 on a scale of 1 to 10. We’re boycotting Israel, announce the ice cream company. Oh No You’re Not, says their owner, Oh Yes We Are, say Ben & Jerry’s board. Unilever opted to stop paying board members who refused to fall in line.

Additionally, Unilever establish another company to market Ben & Jerry’s product in Israel, an easy task as they already own the company.

A group of 28 managers within Ben & Jerry opted to write to the CEO of Unilever, protesting what was going on and complaining Unilever were impeding their activism in Israel. The whole thing is starting to sound similar to the can of worms Mr Musk uncovered with his takeover of Twitter, a corporate body hosting a management structure which has managed to forget why they’re in business. The oil companies (and tobacco industry) are old hands at this game, pretending to care but in reality, they are in business to make money. Admittedly, BP pulled a classic on the public back in 2004, their “caring” advertising campaign encouraging each member of the public to be aware about reducing their personal carbon footprint.

The phrase has become a fixture in the climate change chorus book.

The reality is BP’s adverting folk were under extreme pressure from corporate to “do something” about the bad PR the company faced (around 8 companies worldwide apparently produce around 80% of pollution) and some genius came up with the idea of blaming the public. The entire concept of a Personal Carbon Footprint, invented by a marketing department, ensured the corporate could continue with their behaviour unchanged.

But when managers in a business start talking about “our activism”, surely it’s time for eyebrows to head upward. The forthcoming court case should prove interesting, a company essentially at war with itself.

 

However, with regard Unilever share price, things are looking tastier than Ben & Jerry’s ice cream which, in solidarity with my allergy to egg, remains untried.

The immediate situation suggests movement exceeding 4163p should make a recovery attempt to 4239 next with secondary, if beaten, calculating at a very viable looking 4553p. This secondary target level should prove crucial from a Big Picture perspective as closure above such a level places the share “at risk” of a future attempt at 5460p and a new all time high.

For everything to go horribly wrong, their share price needs close a session below 3800p.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:23:29PM BRENT 83.28 Success
10:25:21PM GOLD 1740.16 1739 1737 1728 1747 1752 1757 1763 1743 Success
10:28:06PM FTSE 7475
10:30:01PM STOX50 3931.5 Success
10:34:34PM GERMANY 14360 Success
10:37:18PM US500 3967.72 3955 3927 3921 3998 4012 4021 4043 3980 Success
10:39:40PM DOW 33852.9 Success
10:41:59PM NASDAQ 11607 Success
10:43:49PM JAPAN 28081

 

28/11/2022 FTSE Closed at 7474 points. Change of -0.16%. Total value traded through LSE was: £ 4,121,947,461 a change of -6.58%
25/11/2022 FTSE Closed at 7486 points. Change of 0.27%. Total value traded through LSE was: £ 4,412,047,721 a change of 36.26%
24/11/2022 FTSE Closed at 7466 points. Change of 0.01%. Total value traded through LSE was: £ 3,237,992,179 a change of -28.67%
23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%
22/11/2022 FTSE Closed at 7452 points. Change of 1.03%. Total value traded through LSE was: £ 3,425,428,256 a change of -30.51%
21/11/2022 FTSE Closed at 7376 points. Change of -0.12%. Total value traded through LSE was: £ 4,929,378,651 a change of -6.71%
18/11/2022 FTSE Closed at 7385 points. Change of -100%. Total value traded through LSE was: £ 5,283,705,968 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:AVCT Avacta** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:SCLP Scancell** **LSE:TERN Tern Plc** **

********

Updated charts published on : Avacta, Cellular Goods, Diageo, IQE, ITM Power, Scancell, Tern Plc,

LSE:AVCT Avacta. Close Mid-Price: 120 Percentage Change: + 9.09% Day High: 119.5 Day Low: 111

Above 123 has the potential to become interesting, suggesting the possibil ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.38 Percentage Change: -3.51% Day High: 1.43 Day Low: 1.38

Weakness on Cellular Goods below 1.38 will invariably lead to 1.32 next w ……..

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LSE:DGE Diageo. Close Mid-Price: 3786 Percentage Change: + 0.62% Day High: 3806 Day Low: 3739

This is starting to look mildly interesting as above 3806 now points at th ……..

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LSE:IQE IQE. Close Mid-Price: 51.7 Percentage Change: + 3.19% Day High: 52.4 Day Low: 49.75

All IQE needs are mid-price trades ABOVE 52.4 to improve acceleration tow ……..

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LSE:ITM ITM Power. Close Mid-Price: 103.6 Percentage Change: + 6.02% Day High: 106 Day Low: 95.18

Something might be happening here as movement continuing above 107 now sug ……..

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LSE:SCLP Scancell. Close Mid-Price: 25.1 Percentage Change: + 10.57% Day High: 25.35 Day Low: 22.65

Target met. All Scancell needs are mid-price trades ABOVE 25.35 to improv ……..

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LSE:TERN Tern Plc. Close Mid-Price: 10.25 Percentage Change: + 13.89% Day High: 10.25 Day Low: 9

Dear parrot impersonator, Tern, is looking like it’s starting to come back ……..

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

Barclays Plc (LSE:BARC) in lights

 #Brent #Dax

As we approach December, it’s becoming clear how similar this time of year is to spring but not in a global warming sense. Instead, we start to see the first glimmers of illuminated garden ornaments sprout in the first weeks of November and, with the month running downhill into the festive season, things start to exhibit the occasional Full Blown Santa mode.

We can close at home upon being asked to paint the Xmas tree. My wife had a cunning plan last year, instead of burning the old tree, keep it and paint it white once all the needles fell off. For eleven months, the old Xmas tree was dumped in the forest and, upon being reminded, a shock awaited. There’s an entire industry dedicated to reducing pine needles falling off trees but, if ignored, it seems the things retain their needles without difficulty. Obviously, there was a simple fix, just chuck it over the 7 metre cliff at the top of the garden, the theory being a good shock would dislodge the brown foliage. The thing tumbled down in a cloud of needles but, when examined, every branch still looked like it retained its plumage. Taking inspiration from a John Cleese sketch, the next idea was to give it a good thrashing, the detritus on ground suggesting the plan had worked. But once again, the bulk of the tree remained covered in needles.

Eventually, the job had to be done by hand, wearing thick gloves and rubbing along every single little branch and twig. Eventually, we had a naked tree, ready to be spray painted which but unfortunately, there was now a problem. It was 3pm and here in the Scottish mountains, it’s getting dark. As a result, the project is delayed until next weekend which is fine, ‘cos Xmas decorations shouldn’t start to sprout until December or, during a pandemic.

 

The simile with the famed John Cleese sketch, giving his car a good thrashing with a branch, popped to mind while this uncooperative pine tree was being swung against an innocent beech tree as we knew we were writing about Barclays. Three weeks ago when we covered the share, our first criteria was a scenario where above 155p should trigger movement to 160p initially. The last week saw this ambition attained, their share price reaching a magnificent 160.22p twice! The price clearly needs a good thrashing…

Our inclination is to take some hope from two directions.

By a spiteful 0.22p, the price did exceed our initial target, creating a situation where above 160.22p should need provoke an initial 169p with our longer term secondary, should this level be exceeded, now calculating at 187p.

Additionally, there’s the behaviour of the share price since it regained the Red uptrend since the pandemic crash of 2020. As the chart inset highlights, the market is taking extraordinary lengths to maintain Barclays share price in comparative safety above the trend, generally a pretty confident signal for the future.

Their share price would require to slip below 148p to give the first signal of real trouble ahead, threatening an initial 138p with secondary, if broken, a less confident looking 128p. Goodness knows why the reversal projection is in 10p increments.

Numbers are like pine needles, there’s far too many of them.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
8:38:38PM BRENT 83.98 83.54 82.42 80.93 85.75 86.89 87.42 88.59 85.08
8:41:13PM GOLD 1755.38
8:42:48PM FTSE 7483
8:56:44PM STOX50 3963
5:00:52PM GERMANY 14548 14489 14452 14408 14558 14584 14604 14640 14532
5:02:15PM US500 4027
5:05:14PM DOW 34360.5
5:06:48PM NASDAQ 11768
5:08:45PM JAPAN 28417

 

25/11/2022 FTSE Closed at 7486 points. Change of 0.27%. Total value traded through LSE was: £ 4,412,047,721 a change of 36.26%
24/11/2022 FTSE Closed at 7466 points. Change of 0.01%. Total value traded through LSE was: £ 3,237,992,179 a change of -28.67%
23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%
22/11/2022 FTSE Closed at 7452 points. Change of 1.03%. Total value traded through LSE was: £ 3,425,428,256 a change of -30.51%
21/11/2022 FTSE Closed at 7376 points. Change of -0.12%. Total value traded through LSE was: £ 4,929,378,651 a change of -6.71%
18/11/2022 FTSE Closed at 7385 points. Change of 0.53%. Total value traded through LSE was: £ 5,283,705,968 a change of 16.51%
17/11/2022 FTSE Closed at 7346 points. Change of -0.31%. Total value traded through LSE was: £ 4,534,930,132 a change of -10.24%

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:BLVN Bowleven** **LSE:FRES Fresnillo** **LSE:IGG IG Group** **LSE:LLOY Lloyds Grp.** **LSE:SCLP Scancell** **

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Updated charts published on : Bowleven, Fresnillo, IG Group, Lloyds Grp., Scancell,

LSE:BLVN Bowleven. Close Mid-Price: 1.95 Percentage Change: + 0.00% Day High: 1.95 Day Low: 1.7

If Bowleven experiences continued weakness below 1.7, it will invariably ……..

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LSE:FRES Fresnillo Close Mid-Price: 895.4 Percentage Change: -0.47% Day High: 905.8 Day Low: 886.2

All Fresnillo needs are mid-price trades ABOVE 905.8 to improve accelerat ……..

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LSE:IGG IG Group. Close Mid-Price: 828 Percentage Change: + 0.18% Day High: 834 Day Low: 822

Continued trades against IGG with a mid-price ABOVE 834 should improve th ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 46.31 Percentage Change: + 0.81% Day High: 47.35 Day Low: 45.8

All Lloyds Grp. needs are mid-price trades ABOVE 47.35 to improve acceler ……..

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LSE:SCLP Scancell. Close Mid-Price: 22.7 Percentage Change: + 9.40% Day High: 22.85 Day Low: 20.75

Target met. Continued trades against SCLP with a mid-price ABOVE 22.85 sh ……..

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

Our FTSE for FRIDAY (FTSE:UKX) , amazing potentials 

#FTSE #GOLD

The first 24 hours, following the Flu & Covid vaccine treatments have proven, personally, singularly unpleasant. Everything is sore and worse, the promised fever made itself known a few hours ago. This is nothing like flu, just horribly uncomfortable, and I’d suggest booking the following day off work, if you’re the sort of person who experiences side effects from meds.

Feeling able to take the dog out, we bumped into “Gerty” (another golden retriever) and her owner. Thankfully, when our pair of animals get together, they run around like lunatics. But Gerty’s owner had a tale to tell. She works for a household name luxury brand company, constantly adding and removing products from their website. As she works from home, she’s quite able to define her own hours but a new manager tried to cause an issue. The corporate decided they’d follow the Black Friday discount path in the UK, introducing a 10% price reduction from 3am on Friday morning. The new manager asked if my chum would work during the night, reducing every single product price.

Blinking frantically, she did a quick tally of their vast range of luxury goods, advising the new manager if she were to re-price everything, she’d be lucky to complete the job by Monday. The bloke tried to dig his heels in until she suggested he contact their IT department, just to introduce a Black Friday discount on the checkout page. The manager finally conceded re-pricing over 3,000 products individually was liable to prove impossible.

On the bright side, meeting another dog walker allowed her to unload her irritation while our dogs ran each other ragged.

It occurs, there’s probably been many days when anger at the way the markets behave ensured another dog walker becoming the victim of a frustrated boring lecture. This week is certainly proving a perfect example, very little actually happening thanks to Turkey Day in the US, followed by a day shopping and shooting at each other.

 

However, despite the US teetering on the edge of festive malaise, the FTSE is still trying to head upward. albeit in tiny little increments.

Currently, it appears 7509 points should provide a solid trigger level, one capable of projecting the index to a tame 7535 points next. If triggered, the tightest stop is massive, requiring 7423 points. The reason behind this is quite extraordinary; our secondary, longer term, target level works out at 7777 points!

Our converse scenario suggests weakness below 7423 threatens reversal to an initial 7406 points with secondary, if broken, working out at 7389 points.

We suspect some near term reversals, until Wall St gets its head back in order. Have a good weekend, even without Formula 1…

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:21:03PM FTSE 7468.5 7440 7411 7476 7490 7496 7456
9:47:29PM BRENT 85.07 83.88 82.5 84.89 85.78 86.06 84.5
9:49:14PM GOLD 1757.01 1752 1750 1757 1759 1762 1752 ‘cess
9:51:41PM STOX50 3966 3945 3934 3968 3977 4029 3922 Success
9:53:35PM GERMANY 14557.5 14473 14446 14531 14575 14591 14533
9:55:18PM US500 4040.45 4030 4026 4041 4043 4047 4030
9:57:25PM DOW 34271 34209 34174 34283 34306 34338 34241
10:13:19PM NASDAQ 11900 11845 11827 11883 11916 11961 11847
10:15:03PM JAPAN 28362 28319 28261 28390 28492 28546 28327

 

24/11/2022 FTSE Closed at 7466 points. Change of 0.01%. Total value traded through LSE was: £ 3,237,992,179 a change of -28.67%
23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%
22/11/2022 FTSE Closed at 7452 points. Change of 1.03%. Total value traded through LSE was: £ 3,425,428,256 a change of -30.51%
21/11/2022 FTSE Closed at 7376 points. Change of -0.12%. Total value traded through LSE was: £ 4,929,378,651 a change of -6.71%
18/11/2022 FTSE Closed at 7385 points. Change of 0.53%. Total value traded through LSE was: £ 5,283,705,968 a change of 16.51%
17/11/2022 FTSE Closed at 7346 points. Change of -0.31%. Total value traded through LSE was: £ 4,534,930,132 a change of -10.24%
15/11/2022 FTSE Closed at 7369 points. Change of -100%. Total value traded through LSE was: £ 5,052,481,735 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:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:TSCO Tesco** **LSE:VOD Vodafone** **

********

Updated charts published on : Barclays, Cellular Goods, Centrica, Fresnillo, Hikma, Lloyds Grp., Marks and Spencer, Oxford Instruments, Sainsbury, Scancell, Tesco, Vodafone,

LSE:BARC Barclays. Close Mid-Price: 159.42 Percentage Change: + 0.72% Day High: 160.22 Day Low: 158.08

All Barclays needs are mid-price trades ABOVE 161 to improve acceleration ……..

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LSE:CBX Cellular Goods Close Mid-Price: 1.43 Percentage Change: -1.72% Day High: 1.45 Day Low: 1.43

This is terrible, getting into “needs a miracle” territory. Weakness below ……..

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LSE:CNA Centrica. Close Mid-Price: 95.82 Percentage Change: + 1.23% Day High: 96.56 Day Low: 95.06

Continued trades against CNA with a mid-price ABOVE 97 should improve the ……..

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LSE:FRES Fresnillo. Close Mid-Price: 899.6 Percentage Change: + 0.92% Day High: 900.6 Day Low: 884

Further movement against Fresnillo ABOVE 900.6 should improve acceleratio ……..

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LSE:HIK Hikma Close Mid-Price: 1507.5 Percentage Change: -0.23% Day High: 1541.5 Day Low: 1502

All Hikma needs are mid-price trades ABOVE 1541.5 to improve acceleration ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 45.94 Percentage Change: + 1.00% Day High: 46.18 Day Low: 45.45

In the event of Lloyds Grp. enjoying further trades beyond 46.18, the sha ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 126.75 Percentage Change: + 0.88% Day High: 128.3 Day Low: 125.05

All Marks and Spencer needs are mid-price trades ABOVE 128.3 to improve a ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2180 Percentage Change: -1.36% Day High: 2255 Day Low: 2170

Further movement against Oxford Instruments ABOVE 2255 should improve acc ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 226.1 Percentage Change: + 1.25% Day High: 227.2 Day Low: 223.4

Continued trades against SBRY with a mid-price ABOVE 227.2 should improve ……..

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LSE:SCLP Scancell. Close Mid-Price: 20.75 Percentage Change: + 9.21% Day High: 21.05 Day Low: 19.12

Target met. Further movement against Scancell ABOVE 21.05 should improve ……..

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LSE:TSCO Tesco. Close Mid-Price: 237.6 Percentage Change: + 0.64% Day High: 238.4 Day Low: 235.7

In the event of Tesco enjoying further trades beyond 238.4, the share sho ……..

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LSE:VOD Vodafone Close Mid-Price: 92.67 Percentage Change: -2.10% Day High: 92.9 Day Low: 89.91

Target met. If Vodafone experiences continued weakness below 89.91, it wi ……..

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

Shell Plc (LSE:SHEL), more profits due?

#Brent #Nasdaq

An unexpected advantage of receiving the Covid/Flu vaccines is a surprise inability to hear the faux screams of impoverished politicians confronted with Shell’s recent incursion into the kingdom of obscene profits, largely due to profiteering. A strange side effect is similar to a head cold, my hearing ability currently resembling someone wearing headphones, while listening to Yoko Ono music.

I’m told to anticipate also enjoying a fever, sometime within the next 36 hours.

However, looking at the bar chart which supplies Shell’s performance each quarter since 2008, there was an immediate temptation to grab the numbers and run a series of calculations similar to those we use for shares. Unless Shell are careful, it looks like their next 1/4 report in January should be in the region of 11bn again, slightly below their July figure from earlier this year but a whimsical 2bn above Octobers figures, a number which doesn’t sound like it shall leave the company destitute. It’ll certainly be interesting to see how valid this projection proves, especially as oil prices continue to relaxThe company also announced the 5th increase in the level of dividend, since the pandemic low.

Hopefully the company remember to secrete some of their profits for the future, in preparation for future business interruptions.

Currently, Shell appear to be enjoying some useful potentials as we’ve two distinctly separate formula, each pointing at a future attempt around 2800p. We’re a little curious about this ambition as it visually challenges the high of 2018, when the share price reached 2810p. Our future target is marginally below the previous high, a reality which may prove problematic.

At time of writing, Shell are trading around 2356p and above just 2483p should be sufficient to kick-off another share price surge, giving an initial target at 2577p with our secondary, if beaten, calculating at 2797p and some almost certain hesitation. As always, we’ve an alternate scenario, one which suggests weakness below 2248p risks promoting reversal to an initial 2011 with our secondary, if broken, coming along at 1866p and a possible bounce.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:35:37PM BRENT 84.64 83.88 83.03 80.92 86.23 86.24 86.715 87.66 84.42 Success
10:39:18PM GOLD 1751.51 ‘cess
10:43:04PM FTSE 7464 ‘cess
10:45:00PM STOX50 3954
10:51:57PM GERMANY 14448
10:53:41PM US500 4035.32 ‘cess
10:56:25PM DOW 34250.7 Success
10:58:12PM NASDAQ 11858 11689 11635 11558 11765 11868 11918 11980 11708 Success
11:00:52PM JAPAN 28344 ‘cess

 

23/11/2022 FTSE Closed at 7465 points. Change of 0.17%. Total value traded through LSE was: £ 4,539,480,951 a change of 32.52%
22/11/2022 FTSE Closed at 7452 points. Change of 1.03%. Total value traded through LSE was: £ 3,425,428,256 a change of -30.51%
21/11/2022 FTSE Closed at 7376 points. Change of -0.12%. Total value traded through LSE was: £ 4,929,378,651 a change of -6.71%
18/11/2022 FTSE Closed at 7385 points. Change of 0.53%. Total value traded through LSE was: £ 5,283,705,968 a change of 16.51%
17/11/2022 FTSE Closed at 7346 points. Change of -0.31%. Total value traded through LSE was: £ 4,534,930,132 a change of -10.24%
15/11/2022 FTSE Closed at 7369 points. Change of -0.22%. Total value traded through LSE was: £ 5,052,481,735 a change of -8.73%
14/11/2022 FTSE Closed at 7385 points. Change of -100%. Total value traded through LSE was: £ 5,535,819,308 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:AGM Applied Graphene** **LSE:FRES Fresnillo** **LSE:HIK Hikma** **LSE:IQE IQE** **LSE:NG. National Glib** **LSE:OXIG Oxford Instruments** **LSE:SBRY Sainsbury** **LSE:SRP Serco** **

********

Updated charts published on : Applied Graphene, Fresnillo, Hikma, IQE, National Glib, Oxford Instruments, Sainsbury, Serco,

LSE:AGM Applied Graphene Close Mid-Price: 3.35 Percentage Change: -31.63% Day High: 4.75 Day Low: 3.25

If Applied Graphene experiences continued weakness below 3.25, it will in ……..

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LSE:FRES Fresnillo. Close Mid-Price: 891.4 Percentage Change: + 0.61% Day High: 895.4 Day Low: 877.6

In the event of Fresnillo enjoying further trades beyond 895.4, the share ……..

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LSE:HIK Hikma. Close Mid-Price: 1511 Percentage Change: + 2.65% Day High: 1516 Day Low: 1466

Target met. Continued trades against HIK with a mid-price ABOVE 1516 shou ……..

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LSE:IQE IQE. Close Mid-Price: 50 Percentage Change: + 1.42% Day High: 50.6 Day Low: 49

Further movement against IQE ABOVE 50.6 should improve acceleration towar ……..

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LSE:NG. National Glib. Close Mid-Price: 1032 Percentage Change: + 0.05% Day High: 1040.5 Day Low: 1025.5

All National Glib needs are mid-price trades ABOVE 1040.5 to improve acce ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2210 Percentage Change: + 1.14% Day High: 2220 Day Low: 2140

Continued trades against OXIG with a mid-price ABOVE 2220 should improve ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 223.3 Percentage Change: + 1.18% Day High: 224.4 Day Low: 217.6

Target met. In the event of Sainsbury enjoying further trades beyond 224. ……..

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LSE:SRP Serco Close Mid-Price: 168 Percentage Change: -1.23% Day High: 174.5 Day Low: 167.8

Further movement against Serco ABOVE 174.5 should improve acceleration to ……..

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