Will Pensana Plc develop a share price magnet?

#Gold #Dow

Very rarely will a corporate website fit the criteria “you got me at the first sentence!” but #Pensana Plc managed this feat. Their headline “Building The Worlds First Sustainable Magnet Metal Supply Chain” deserved immediate approval. The reason, a personal fascination with Neodymium Magnets. These things, finding uses everywhere, are amazing, capable of holding up to 1,000 times their own weight. They’re not toys and find themselves used everywhere. Even our garden gate closes quite firmly, thanks to a little magnet strategically placed.

More recently, a project to build a “rock tumbler” ran into an issue, the rotating cylinder tending to squirm its way along the rolls and eventually climb out of the tumbling frame. The solution proved simple, a magnet inside the cylinder and a magnet at the end of the frame. When the two identical poles came into each others proximity, the cylinder was repelled and would squirm its way in the opposite direction for a while. A nice simple solution with no moving parts.

Obviously, rare earth magnets are used extensively in other flippant areas, such as electric vehicles, wind turbines, fridge magnets… etc.

 

The surprise with all this enthusiasm for magnets is the current state of Pensana Plc share price. By our usual standards, we’re supposed to imply it risks heading to 2.5p but recently, at the start of April, price movements ticked the first box to cancel the break below the Red uptrend. The share price broke trend at 80p at the start of February this year, immediately making a visit to 2.5p a genuine risk. However, at the start of April, the share exceeded the point of trend break, strongly suggesting the drop threat is no longer lingering with intent. Instead, we should apparently be search for triggers which imply imminent gains, if such are possible against the background of the current stock market.

Visually it appears sane to allocate the most recent high of 93p as a viable trigger level. Movement above this level calculates with the potential of gains to an initial 122p. Our longer term secondary, if this initial ambition is exceeded, works out at 153p. Beyond such a level, we shall prefer to examine the tea leaves again as some quite disproportionate gains appear possible.

Perhaps the company intend develop a share price magnet… For everything to go horribly wrong, the share now requires trade below 59p as once again, our ridiculous potential of 2.5p shall become valid.

Many thanks to the nice folk who effectively “buy the coffee” when clicking on a fascinating advert on this page.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:34:32PM BRENT 102.26
10:59:08PM GOLD 1898.05 1891 1879 1853 1902 1919 1921 1931 1904 Success
11:01:29PM FTSE 7445.9 Success
11:03:12PM FRANCE 6524 Success
11:04:50PM GERMANY 14077.54 Success
11:06:26PM US500 4293
11:08:28PM DOW 34040 33298 33200 32896 33620 34112 34178 34390 33812
11:10:32PM NASDAQ 13511.24
11:12:29PM JAPAN 26794

 

25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%
22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%
19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%
14/04/2022 FTSE Closed at 7616 points. Change of -100%. Total value traded through LSE was: £ 6,624,976,338 a change of 0%
13/04/2022 FTSE Closed at 7580 points. Change of 0%. Total value traded through LSE was: £ 5,507,163,189 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:ASC Asos** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:HL. Hargreaves Lansdown** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SNN Sanne Plc** **

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Updated charts published on : Asos, Carclo, Cellular Goods, Hargreaves Lansdown, Just Eat, Ocado Plc, Rolls Royce, Sanne Plc,

LSE:ASC Asos Close Mid-Price: 1400 Percentage Change: -0.36% Day High: 1414 Day Low: 1377

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LSE:CAR Carclo Close Mid-Price: 25 Percentage Change: -1.38% Day High: 25.9 Day Low: 24

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LSE:CBX Cellular Goods Close Mid-Price: 2.62 Percentage Change: -2.78% Day High: 2.62 Day Low: 2.25

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LSE:HL. Hargreaves Lansdown. Close Mid-Price: 978.8 Percentage Change: + 1.24% Day High: 982.4 Day Low: 946.4

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LSE:JET Just Eat. Close Mid-Price: 2121 Percentage Change: + 0.57% Day High: 2171.5 Day Low: 2016

Weakness on Just Eat below 2016 will invariably lead to 1971 with seconda ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1036 Percentage Change: -0.58% Day High: 1047 Day Low: 995.8

Target met. Continued weakness against OCDO taking the price below 995.8 ……..

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LSE:RR. Rolls Royce Close Mid-Price: 86.83 Percentage Change: -5.18% Day High: 91.52 Day Low: 87.03

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LSE:SNN Sanne Plc. Close Mid-Price: 906 Percentage Change: + 0.00% Day High: 907 Day Low: 905

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

Barclays Plc, looking dangerous.

#Brent #Dax

Sometimes things are not what they seem. A TV interview with Queen musician, Brian May, was a visual surprise. The guy has gradually turned into a clone of Top Gear bloke, James May! He only needed start talking about the awkward float valve in an old SU carb to complete the visual illusion. Barclays, once upon a time a share which radiated hope for recovery has morphed, now joining a select group of very few shares trading below their “Russia” drop from March 7th.

Despite the “Russia” drop being to 142p and Barclays recently hitting 140p, only very slight hope may be taken from the 10p bounce as the share price has failed to to move into the realms of safety. Worse, from our perspective, by wandering below 142p, the share has triggered a serious reversal potential. Ongoing weakness below 140p now suggests the threat of a an initial 132p with secondary, if broken, a hopeful “bottom” at 96p.

Strange to say, the only thing giving some hope is the Blue downtrend which dates back 10 years. For some reason, movements against Barclays since July of 2021 are attempting to treat this Blue trend as important. We fear this level of respect is only a bad news story away from being broken, the visuals tending suggest a plunge to 95p should impress folk looking to grab a piece of the UK banking sector for under a quid…

 

To get out of trouble, above 151p is supposed to generate a lift to an initial 156p. If exceeded, our secondary works out at 169p which sounds useful but unfortunately fails to exceed any sort of recent highs. At present, Barclays requires above 184p to suggest a comprehensive attempt is being made to escape the zone which increasingly looks capable of dragging the price down to 96p.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
5:36:37PM BRENT 105.53 105.1 102.54 98.77 107.15 107.71 108.175 109.2 105.7 ‘cess
5:38:29PM GOLD 1932.04 ‘cess
5:43:33PM FTSE 7482.45 Success
5:45:40PM FRANCE 6536.5
5:48:17PM GERMANY 14020 14003 13958 13862 14039 14155 14195 14259 14083 Success
6:05:13PM US500 4273 Success
6:07:16PM DOW 33833.1 Success
6:09:18PM NASDAQ 13361.05 Success

 

22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%
21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%
19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%
14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%
13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%
12/04/2022 FTSE Closed at 7576 points. Change of -100%. Total value traded through LSE was: £ 5,811,485,837 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:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:POG Petrop etc** **

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Updated charts published on : Avacta, BALFOUR BEATTY, Carclo, IQE, Ocado Plc, Petrop etc,

LSE:AVCT Avacta. Close Mid-Price: 142.5 Percentage Change: + 4.78% Day High: 143.5 Day Low: 131.5

Target met. In the event of Avacta enjoying further trades beyond 143.5, ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 256.2 Percentage Change: -2.06% Day High: 260 Day Low: 256

Apparently, moves now above just 270p should power this toward an initial ……..

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LSE:CAR Carclo Close Mid-Price: 25.35 Percentage Change: -3.80% Day High: 25.6 Day Low: 25.6

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LSE:IQE IQE Close Mid-Price: 31.6 Percentage Change: -6.65% Day High: 33.5 Day Low: 31.85

Ongoing traffic below 30.8 suggests coming travel down to an initial 29.5 ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1042 Percentage Change: -4.40% Day High: 1083.5 Day Low: 1027

In the event Ocado Plc experiences weakness below 1027 it calculates with ……..

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LSE:POG Petrop etc. Close Mid-Price: 2 Percentage Change: + 2.56% Day High: 2.75 Day Low: 2.11

All Petrop etc needs are mid-price trades ABOVE 2.75 to improve accelerat ……..

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

Our internationally popular FTSE for FRIDAY

#FTSE #WallSt

Sometimes it’s possible to utterly confuse yourself by looking at something too closely. Other times, you risk crashing in flames, ‘cos you didn’t bother looking. And at present, it’s worth looking at the FTSE every which way, because it’s behaving utterly cluelessly. We’ve always the fear; “If it ain’t goin’ up, it’s gonna go down” will apply when shares behave this way, so perhaps we should look for dangerous drop triggers against the London main index.

 

The immediate chart below reviews minute by minute movements on the FTSE, since the start of March. Visually, it’s pretty clear things have proven fairly tepid since the start of April, the market effectively flatlining. The previous high on the FTSE was 7688 points, achieved on February 10th, and the market has yet to attempt to exceed such a level. To be fair, there’s a heck of a strong argument demanding the FTSE head to 7740 points next, if only the index would wander above the Blue line on the chart. At time of writing, this Blue level is at 7637 points and we shall prove as attainable as a UK politician telling the truth. To be blunt, the closer the index approaches the trend, the greater the chances of the market opting to react in a negative fashion. Hence, our suspicion we need to check drop triggers.

It looks like the first indication of real trouble shall come, if the FTSE stumbles below 7594 points as this calculates with the potential of sharp reversal to an initial 7538 points. The visuals against such a reversal tend imply a reasonable chance of a bounce, given all the market lows in the first week of April. Things become a little more dangerous, should 7538 break as travel down to a secondary at 7436 works out as possible.

At this level, things risk becoming nastier than a Scottish ‘summer’ day, due to the need for divine intervention to inhibit a further reversal cycle which eventually approaches the 7200 point level…

 

During the course of Thursday evening, news from the USA regarding potential interest rate changes provoked hysterics on most indices. In common with the rest of the world, FTSE futures dropped sharply but we feel the level at which the real market opens on Friday morning shall be crucial, both in defining if the FTSE faces some near term drops or, if the market opens the day above 7594 points, a slight chance for another day enjoying watching London do very little…

Have a good weekend and enjoy the Italian GP.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:39:41PM BRENT 108.35 106.4 105.32 108 108.9 109.305 107.1
10:52:03PM GOLD 1951.69 1936 1931 1950 1958 1966 1948 ‘cess
10:54:33PM FTSE 7551.43 7534 7528 7561 7591 7607 7541 Shambles
10:56:37PM FRANCE 6599 6583 6512 6642 6758 6802 6680 Success
11:02:15PM GERMANY 14332 14303 14245 14435 14464 14517 14365 Success
11:05:05PM US500 4388.72 4384 4372 4410 4439 4456 4391 Success
11:07:31PM DOW 34751 34714 34477 34990 35114 35291 34808 Shambles
11:10:38PM NASDAQ 13704 13662 13632 13844 13869 13946 13825 Success
11:13:06PM JAPAN 27125 27056 26783 27266 27333 27394 27219 Success

 

21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%
20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%
19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%
14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%
13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%
12/04/2022 FTSE Closed at 7576 points. Change of -100%. Total value traded through LSE was: £ 5,811,485,837 a change of 0%
11/04/2022 FTSE Closed at 7618 points. Change of 0%. Total value traded through LSE was: £ 5,589,702,864 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:AML Aston Martin** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:POG Petrop etc** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

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Updated charts published on : Aston Martin, British Airways, Intercontinental Hotels Group, Petrop etc, Standard Chartered, The Trainline,

LSE:AML Aston Martin. Close Mid-Price: 900.2 Percentage Change: + 5.19% Day High: 905.6 Day Low: 831

Further movement against Aston Martin ABOVE 905.6 should improve accelera ……..

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LSE:IAG British Airways. Close Mid-Price: 152.9 Percentage Change: + 6.17% Day High: 155.96 Day Low: 145.82

In the event of British Airways enjoying further trades beyond 155.96, t ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5306 Percentage Change: + 1.03% Day High: 5386 Day Low: 5254

All Intercontinental Hotels Group needs are mid-price trades ABOVE 5386 t ……..

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LSE:POG Petrop etc. Close Mid-Price: 1.95 Percentage Change: + 21.88% Day High: 2.3 Day Low: 1.7

In terms of percentage gains, this allegedly demands being reviewed but t ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 524.2 Percentage Change: + 1.87% Day High: 527 Day Low: 514.2

Continued trades against STAN with a mid-price ABOVE 527 should improve t ……..

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LSE:TRN The Trainline. Close Mid-Price: 289.2 Percentage Change: + 0.98% Day High: 303.2 Day Low: 270.3

Further movement against The Trainline ABOVE 303.2 should improve acceler ……..

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

Ceconomy, a horror story?

#Gold #Nasdaq

Our weekly trawl of Europe turned up Ceconomy, describing themselves as “We are more than a retail company – we are the European leader for concepts and brands in the field of consumer electronics. With our products, brands and solutions, we simplify life in the digital world.” Alas, their share price movements currently say something rather less optimistic and with their Q2 results due on 13th May, it’s easy to imagine some negative action.

Of course, there’s a caveat and it’s all to do with my dentist. Thanks to some really restrictive practices during the Covid-19 period, a visit to the dentist revealed 4 teeth required extraction, the four front ones. The operation took place today and proved to be the most unpleasant and painful experience ever had in a dental surgery. There was blood, there was sweat (the dentist) and there were uncontrollable tears as the guilty gum abscess did its best to ensure anaesthesia didn’t  work well. Long story short, it’s unlikely the writer is in the best frame of mind to look favourably on a share price!

With Ceconomy looking like it intends wither on the vine, the share probably is volunteering itself as the ideal target for a bout of misery.

 

There’s been something quite peculiar going on as share price movements this year are proving quite unreliable. The price has been carefully walked down what should be the historical downtrend since 2018. As the chart inset highlights, it’s hard to escape the impression this slow visual murder is anything but deliberately engineered as we wonder if the dramatics intend conclude with a nasty stab downward to a bottom, hopefully a level capable of provoking a rebound?

This being the case, weakness now below 3€ looks very capable of driving reversal to an initial 2.5€. If broken, our ‘longer term’ secondary target works out at 1.5€ and hopefully an ultimate bottom for the share. For everything to suddenly come up roses, the share price needs exceed 3.8€ to enter a region where a recovery cycle toward an initial 4.5 makes some sense. If exceeded, our secondary calculates at a visually sane 5.8.

Importantly, closure above 4.5€ is liable to prove game changing for the long term, making an attempt at 5.8€ very probable but realistically, we’d need admit a long term target of 7.2€ has become possible. Perhaps it’s the pain of dentistry talking but I suspect this intends head to 1.5 and a hopeful bottom. Perhaps worth watching.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:16:00PM BRENT 106.73
10:17:23PM GOLD 1958.07 1943 1938 1931 1951 1959 1962 1970 1950
10:19:30PM FTSE 7631.01
10:24:05PM FRANCE 6612 Success
10:25:31PM GERMANY 14374 Success
10:27:21PM US500 4474.67 ‘cess
10:29:50PM DOW 35232 ‘cess
10:54:42PM NASDAQ 14081.6 13954 13916.5 13791 14058 14146 14233 14306 14038 Shambles
10:56:36PM JAPAN 27219 ‘cess

Kenmare Resources looking hopeful

#Gold #SP500

Kenmare Resources Plc, an established mining company, operate in Mozambique. Therefore, they obviously have absolutely nothing in common with the “twee” Scottish village of Kenmore in Perthshire, home of what is probably the tightest hairpin bend in existence. It’s a pity, ‘cos the email request immediately reminded on the time my wife and her motorbike vanished at slow speed into the heather as we made our way down to Kenmore.

 

However, Kenmare Resources Plc do present a mildly interesting facet of share price history, especially what can happen when a share suffers a 190:1 share split. Historically, we abhor these movements as they almost never work out well for folk who were invested prior to the “here’s One Share to replace your existing One Hundred and Ninety Shares”. When the price of Kenmare is adjusted to handle the manipulation, there’s visually little chance of the price ever achieving recompense for the folk trapped from the days in 2012, when the price was around 630p. It now needs achieve 120,000p just for these folk to break even.

The chart below endeavours to outline how painful this is for long term investors. While it was certainly not a fun experience watching the share tumble from the 630p level to under a penny, just 4 years later, the share split has only served to make the price once again sound respectable, leaving many folk destined to ‘walk funny’ due to the massive reduction in real value.

Importantly though, the flatline isn’t quite as flat as the Big Picture chart implies, the share price now trading roughly twice the level when the split occurred and, perhaps more importantly, some folk who’ve been invested since 2015 are now showing an actual profit! Better still, it feels some continued price recovery is now possible as movement above 530p looks capable of provoking ongoing travel to an initial 552p with secondary, if bettered, at 588p and some probable hesitation.

For the longer term, closure above 588p shall prove crucial as this would emplace the share price in a region where influences from before the 190:1 share split become viable. As a result, we can calculate a future 683p as presenting a logical future ambition.

Finally, thanks for the emails regarding the photo of the muddy Easter dog. Glad to know it’s not just our monster who does this.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:05:05PM BRENT 106.95 Success
10:12:04PM GOLD 1950.42 1942 1939 1920 1960 1968 1974 1979 1956 Success
10:13:40PM FTSE 7613.68
10:15:46PM FRANCE 6576.8 ‘cess
10:18:09PM GERMANY 14197.58 ‘cess
10:37:49PM US500 4444.72 4430 4419 4402 4456 4472 4482 4500 4437 Success
10:40:09PM DOW 34858.2 Success
10:42:25PM NASDAQ 14084.97 Success
10:44:40PM JAPAN 27221 ‘cess
19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%
14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%
13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%
12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%
11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%
8/04/2022 FTSE Closed at 7669 points. Change of -100%. Total value traded through LSE was: £ 5,560,387,967 a change of 0%
7/04/2022 FTSE Closed at 7551 points. Change of 0%. Total value traded through LSE was: £ 6,503,801,029 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:ASC Asos** **LSE:AVCT Avacta** **LSE:BP. BP PLC** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:TLW Tullow** **

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Updated charts published on : Asos, Avacta, BP PLC, Darktrace Plc, Experian, Glencore Xstra, Hargreaves Lansdown, Intertek, Just Eat, Tullow,

LSE:ASC Asos Close Mid-Price: 1447 Percentage Change: -1.23% Day High: 1501 Day Low: 1398

Weakness on Asos below 1398 will invariably lead to 1378 with secondary ( ……..

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LSE:AVCT Avacta. Close Mid-Price: 133.5 Percentage Change: + 5.20% Day High: 136.5 Day Low: 125.5

Target met. Further movement against Avacta ABOVE 136.5 should improve ac ……..

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LSE:BP. BP PLC. Close Mid-Price: 401.05 Percentage Change: + 0.40% Day High: 407.7 Day Low: 401.25

Target met. Continued trades against BP. with a mid-price ABOVE 407.7 sho ……..

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LSE:DARK Darktrace Plc. Close Mid-Price: 384.2 Percentage Change: + 5.29% Day High: 388.9 Day Low: 361.6

Weakness on Darktrace Plc below 361.6 will invariably lead to 351 with se ……..

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LSE:EXPN Experian Close Mid-Price: 2711 Percentage Change: -1.02% Day High: 2774 Day Low: 2649

Target met. Continued weakness against EXPN taking the price below 2649 c ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 535.6 Percentage Change: + 1.67% Day High: 540.2 Day Low: 527

In the event of Glencore Xstra enjoying further trades beyond 540.2, the ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 959.2 Percentage Change: -0.91% Day High: 971 Day Low: 949.4

Continued weakness against HL. taking the price below 949.4 calculates as ……..

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LSE:ITRK Intertek Close Mid-Price: 4943 Percentage Change: -2.74% Day High: 5066 Day Low: 4912

Target met. In the event Intertek experiences weakness below 4912 it calc ……..

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LSE:JET Just Eat Close Mid-Price: 2171 Percentage Change: -3.62% Day High: 2253.5 Day Low: 2114.5

Target met. Continued weakness against JET taking the price below 2114.5 ……..

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LSE:TLW Tullow Close Mid-Price: 58.25 Percentage Change: -0.77% Day High: 60 Day Low: 57.35

Now above 63 should indicate recovery to an initial 68 with secondary, if ……..

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

Will Natwest get mud on its face?

#Brent #Dax

Share prices can behave like dogs. Sometimes, you just don’t know what they’ll do next. Easter monday and the familiar dog route – without needing a waxed cotton jacket for the first time this year – proved memorable. The almost white Golden Retriever decided she had always wanted to try chocolate brown, nose diving into a peat bog. Natwest share price is starting to feel poised for trouble also, the share enjoying plenty of reasons to head upward, yet refusing to do so.

It begs the question, do Natwest intend head into a peat bog?

Currently the share price needs decline below 206p to suggest coming trauma as such a movement risks promoting reversal to an initial 192p. If broken, our secondary calculation runs deep at 181p, effectively matching the depths of the Russia drop in March. Visually, should such a number appear, there’s certainly considerable hope for a bounce.

However, we remain slightly optimistic for Natwest, due to the pattern of price movements during the last few months. The immediate situation hints, quite strongly, of movement above 226p being capable of a lift to 236p next with our longer term secondary working out at 260p, an ambition which should prove game changing for the share.

All Natwest need to is to start moving…

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:10:55PM BRENT 111.84 109.7 108.41 106.56 112.25 112.77 114.16 119.78 109.73
10:12:42PM GOLD 1979.34 1982
10:14:30PM FTSE 7615.37 7600
10:16:09PM FRANCE 6559 6560
10:17:44PM GERMANY 14133.96 13964 13908 13823 14065 14159 14175 14246 14071
10:19:12PM US500 4405.27 4394
10:21:05PM DOW 34495 34467
10:22:23PM NASDAQ 13969 13925
10:23:55PM JAPAN 26919 26882
14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%
13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%
12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%
11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%
8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%
7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%
6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

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:BDEV Barrett Devs** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:STAN Standard Chartered** **

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Updated charts published on : Asos, Barrett Devs, Centamin, Darktrace Plc, Just Eat, Parkmead, Standard Chartered,

LSE:ASC Asos. Close Mid-Price: 1465 Percentage Change: + 0.07% Day High: 1495 Day Low: 1445

If Asos experiences continued weakness below 1445, it will invariably lead ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 508.6 Percentage Change: + 1.19% Day High: 509 Day Low: 494.7

Target met. In the event Barrett Devs experiences weakness below 494, it c ……..

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LSE:CEY Centamin Close Mid-Price: 97.24 Percentage Change: -1.44% Day High: 99.42 Day Low: 97.74

Above just 102 should indicate a change of tempo, allowing movement to an ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 364.9 Percentage Change: -8.73% Day High: 418.6 Day Low: 364

If Darktrace Plc experiences continued weakness below 364, it will invari ……..

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LSE:JET Just Eat Close Mid-Price: 2252.5 Percentage Change: -5.73% Day High: 2379.5 Day Low: 2250.5

Weakness on Just Eat below 2250.5 will invariably lead to 2198p with seco ……..

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LSE:PMG Parkmead. Close Mid-Price: 55.7 Percentage Change: + 0.54% Day High: 56.8 Day Low: 56.8

Parkmead still needs trades above 60 to suggest recovery to an initial 67 ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 508.4 Percentage Change: + 1.19% Day High: 511.2 Day Low: 499.1

Now above 526 suggests sharp movement to an initial 555 with secondary, if ……..

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

FTSE for Chocolate Thursday

#FTSE #Gold

Some slight hope is apparent the FTSE should finally do something positive. Then again, it’s maybe just everyone looking forward to the chocolate jamboree over the coming Easter weekend, along with the first real stock market holiday of 2022. So far, April has proven quite frustrating, plenty of little nudges in the right direction, all invariably failing to come to fruition thanks to marketplace nerves about Russia, Johnston, inflation, the Chancellor, interest rates, parties, Covid-19, and anything else which takes the media’s fancy.

Meanwhile, there’s some concern among some sections of the media over reports the largest comet ever recorded is heading toward our planet and intends give it a miss… A bit of a pity as any excuse is always welcome to avoid trimming the lawn edges.

 

The FTSE closed Wednesday at 7580 points and now, need only exceed 7600 to enter a cycle toward an initial 7623 points. If bettered, our secondary ambition comes along at 7644 points and there’s something extremely interesting at such a level. Essentially, above 7644 and there’s very little impediment toward the FTSE entering a sharp race uphill toward 7735 points!

Should things decide to go the other way, our reversal scenario is fairly straightforward. Weakness now below 7550 points looks capable of promoting reversal to an initial 7501 points with secondary, if broken, down at 7424 points.

For the present, we’re inclined toward FTSE optimism, though perhaps it’s the threat of enjoying a couple of days break which, against all rules, look certain to be accompanied by good weather. 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
9:43:22PM BRENT 108.34 103.81 102.735 105.3 108.63 109.3 106.75 Success
9:44:46PM GOLD 1976.79 1962 1957 1973 1982 1984 1971
9:47:15PM FTSE 7572.78 7541 7532 7581 7596 7623 7555
9:49:36PM FRANCE 6543.7 6462 6425 6528 6568 6605 6474 ‘cess
9:51:45PM GERMANY 14092 13958 13936 14057 14142 14165 14065
10:07:22PM US500 4444 4388 4368 4406 4448 4458 4436
10:16:57PM DOW 34556.9 34142 34027 34302 34608 34622 34523 ‘cess
10:19:49PM NASDAQ 14206.24 14120 14064 14182 14263 14318 14164 Success
10:22:20PM JAPAN 26916 26645 26608 26804 26975 27051 26817 ‘cess
13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%
12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%
11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%
8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%
7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%
6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%
5/04/2022 FTSE Closed at 7613 points. Change of 0.73%. Total value traded through LSE was: £ 8,046,795,473 a change of 61.76%

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:AML Aston Martin** **LSE:BDEV Barrett Devs** **LSE:BP. BP PLC** **LSE:CASP Caspian** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:SBRY Sainsbury** **LSE:SRP Serco** **LSE:TSCO Tesco** **

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Updated charts published on : Applied Graphene, Aston Martin, Barrett Devs, BP PLC, Caspian, Darktrace Plc, Experian, Fresnillo, Genel, Intertek, Just Eat, Sainsbury, Serco, Tesco,

LSE:AGM Applied Graphene. Close Mid-Price: 19 Percentage Change: + 0.00% Day High: 19 Day Low: 19

In the event Applied Graphene experiences weakness below 19, it calculates ……..

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LSE:AML Aston Martin Close Mid-Price: 807 Percentage Change: -1.25% Day High: 823.4 Day Low: 783

Target Met. Now below 782 suggests reversal to 765 next with secondary, if ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 502.6 Percentage Change: -1.99% Day High: 515.4 Day Low: 499.6

In the event Barrett Devs experiences weakness below 499.6 it calculates ……..

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LSE:BP. BP PLC. Close Mid-Price: 397.35 Percentage Change: + 0.35% Day High: 400.7 Day Low: 392.8

Further movement against BP PLC ABOVE 400.7 should improve acceleration t ……..

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LSE:CASP Caspian Close Mid-Price: 2.9 Percentage Change: -3.33% Day High: 3 Day Low: 2.8

Continued weakness against CASP taking the price below 2.8 calculates as ……..

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LSE:DARK Darktrace Plc Close Mid-Price: 399.8 Percentage Change: -11.65% Day High: 479 Day Low: 384.7

In the event Darktrace Plc experiences weakness below 384.7 it calculates ……..

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LSE:EXPN Experian Close Mid-Price: 2734 Percentage Change: -0.69% Day High: 2744 Day Low: 2693

If Experian experiences continued weakness below 2693, it will invariably ……..

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LSE:FRES Fresnillo. Close Mid-Price: 822.8 Percentage Change: + 2.88% Day High: 822.8 Day Low: 793.4

Further movement against Fresnillo ABOVE 822.8 should improve acceleratio ……..

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LSE:GENL Genel Close Mid-Price: 194 Percentage Change: -1.02% Day High: 199 Day Low: 194.2

In the event of Genel enjoying further trades beyond 199, the share shoul ……..

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LSE:ITRK Intertek Close Mid-Price: 5060 Percentage Change: -0.43% Day High: 5082 Day Low: 5006

Continued weakness against ITRK taking the price below 5006 calculates as ……..

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LSE:JET Just Eat Close Mid-Price: 2389.5 Percentage Change: -4.52% Day High: 2503.5 Day Low: 2325.5

If Just Eat experiences continued weakness below 2325.5, it will invariab ……..

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LSE:SBRY Sainsbury Close Mid-Price: 238.6 Percentage Change: -2.45% Day High: 242.1 Day Low: 234.8

Weakness on Sainsbury below 234.8 will invariably lead to 220 with second ……..

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LSE:SRP Serco. Close Mid-Price: 150 Percentage Change: + 1.28% Day High: 152.1 Day Low: 147.7

Target met. Further movement against Serco ABOVE 152.1 should improve acc ……..

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LSE:TSCO Tesco Close Mid-Price: 265.2 Percentage Change: -2.00% Day High: 264.6 Day Low: 251.7

Target met. In the event Tesco experiences weakness below 251.7 it calcul ……..

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