Author: T&T Staff

XE:SGL #Brent #WallSt

The carbon fibre industry is fascinating, due to the sheer mass of applications in which this amazing product finds itself. For most of us, the only frequent reminder are Formula1 commentators moaning about how long it takes track marshals to brush carbon fibre away, following a race track incident. In reality, whether it’s aircraft, wind turbines, building insulation, prosthetic limbs, or even Lithium-Ion batteries, both carbon and graphite are found. Someone once described carbon as “the duct tape of life”, a pretty fair description.

The company SGL are one of the biggies in the field with 31 locations worldwide. Back in the 1990’s, they even gained notoriety as a ringleader in a cartel which controlled supply and prices of carbon to the North American markets! However, nowadays, we’d be more inclined to congratulate their good taste in having a manufacturing facility in Muir of Ord in the Scottish Highlands, a convenient jumping off point for everywhere interesting in the north.

 

Our weekly trawl of European traded shares which look interesting revealed something potentially positive for SGL.

Currently, trades above 7.4€ should provoke further price recovery to an initial 8.2 euro. This is where things have the potential to trigger a change in the share price’ fortunes. Closure above 8.2 will place the price above the merciless Blue downtrend since 2012. Such a movement should prove sufficient for an attempt at 11.2€ initially, along with some almost certain hesitation due to prior highs. However, should 11.2 be exceeded, we can plan for a longer term 14.8€, along with a need to once again review the share price future.

For everything to go horribly wrong, the price needs crash below 4.85. Should such a tragedy occur, goodness knows how many race marshals shall be needed to brush up the mess…

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:42:20PM	BRENT	123.2	119.64	118.45	116.74	121.63	123.58	124.11	124.49	122.48	Success
10:06:07PM	GOLD	1853									‘cess
10:08:11PM	FTSE	7567
10:09:59PM	FRANCE	6407
10:15:08PM	GERMANY	14392
10:16:48PM	US500	4119
10:19:45PM	DOW	32930	32816	32777	32633	32978	33255	33414	33619	33015
10:21:43PM	NASDAQ	12624
10:23:18PM	JAPAN	28130	Not	got	a	clue!	28284	28333	28734	27873

8/06/2022 FTSE Closed at 7593 points. Change of -0.07%. Total value traded through LSE was: £ 6,758,685,339 a change of -1.74%

7/06/2022 FTSE Closed at 7598 points. Change of -0.13%. Total value traded through LSE was: £ 6,878,313,102 a change of 13.3%

6/06/2022 FTSE Closed at 7608 points. Change of 1.01%. Total value traded through LSE was: £ 6,070,626,814 a change of 3.85%

1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%

31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%

30/05/2022 FTSE Closed at 7600 points. Change of -100%. Total value traded through LSE was: £ 5,407,099,048 a change of 0%

27/05/2022 FTSE Closed at 7585 points. Change of 0%. Total value traded through LSE was: £ 5,290,006,868 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:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:DDDD 4D Pharma** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:IGAS Igas Energy** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:RMG Royal Mail** **LSE:SBRY Sainsbury** **LSE:SRP Serco** **

********

Updated charts published on : BALFOUR BEATTY, BP PLC, 4D Pharma, EasyJet, Gulf Keystone, Igas Energy, IQE, Intertek, Royal Mail, Sainsbury, Serco,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 267 Percentage Change: -0.37% Day High: 273.6 Day Low: 266.6

Further movement against BALFOUR BEATTY ABOVE 273.6 should improve accele ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 451.4 Percentage Change: + 1.10% Day High: 452.5 Day Low: 448.75

Target met. Continued trades against BP. with a mid-price ABOVE 452.5 sho ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:DDDD 4D Pharma Close Mid-Price: 30.4 Percentage Change: -3.80% Day High: 31.7 Day Low: 29.8

If 4D Pharma experiences continued weakness below 29.8, it will invariabl ……..

Subscribe for more

</p

View Previous 4D Pharma & Big Picture ***

LSE:EZJ EasyJet Close Mid-Price: 478.5 Percentage Change: -1.95% Day High: 496.9 Day Low: 462.3

Continued weakness against EZJ taking the price below 462.3 calculates as ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 310 Percentage Change: + 3.16% Day High: 310 Day Low: 302

Target met. Continued trades against GKP with a mid-price ABOVE 310 shoul ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:IGAS Igas Energy Close Mid-Price: 25.5 Percentage Change: -1.92% Day High: 26 Day Low: 24.2

If Igas Energy experiences continued weakness below 24.2, it will invaria ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:IQE IQE. Close Mid-Price: 41 Percentage Change: + 13.89% Day High: 41.05 Day Low: 35.85

In the event of IQE enjoying further trades beyond 41.05, the share shoul ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:ITRK Intertek Close Mid-Price: 4490 Percentage Change: -1.56% Day High: 4585 Day Low: 4467

In the event Intertek experiences weakness below 4467 it calculates with ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***

LSE:RMG Royal Mail Close Mid-Price: 291.4 Percentage Change: -5.17% Day High: 307.9 Day Low: 290

In the event Royal Mail experiences weakness below 290 it calculates with ……..

Subscribe for more

</p

View Previous Royal Mail & Big Picture ***

LSE:SBRY Sainsbury. Close Mid-Price: 222.4 Percentage Change: + 0.45% Day High: 224.4 Day Low: 220.2

Target met. If Sainsbury experiences continued weakness below 220.2, it ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 182.7 Percentage Change: + 0.50% Day High: 183.3 Day Low: 180.5

Target met. Further movement against Serco ABOVE 183.3 should improve acc ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

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

LSE:BLVN #FTSE #SP500)

Sometimes, when an AIM share makes a spectacular jump, it will quickly mimic our unwanted cat. The animals food bowl is in the kitchen, safely above opportunistic dog levels. To get to her food, she steps onto a footstool, then jumps to “her” feeding area. Sometimes when not paying attention, she fails to make the last few inches, her claws scraping the cupboard door as she slides to ground level with furious indignity.

Thankfully, Bowleven share price doesn’t appear determined to mimic the cat. We’ve been flooded with emails, due to the shares flamboyant Tuesday. Presumably they’ve released some good news to the marketplace, something which justifies real movement. We hope!

 

To get the bad news out of the way immediately, the price needs relax below 3.2p before we’d experience concerns for the future. And by relax, we mean ‘close a session’ below 3.2p, the level at which the share broke through the Blue downtrend since 2019.

 

However, the share price has now closed a session above the Blue downtrend and, perhaps more importantly, has also closed higher than its previous high in March. Despite “only” closing the session at 4.75p, it has officially entered the realms of “higher highs” and therefore, optimism is justified. From a near term perspective, should it trade above just 5.3p, we’ve a pretty weak argument favouring ongoing price recovery to 7.1p next. In the normal scheme of events, we’d propose a “safe” trigger level above Tuesdays 6.25p but when we review what actually happened after this initial high was achieved, it seems 5.3p can be nominated as the next growth trigger.

Above 7.1p and things start to become a little strange, due to a collection of quite strong recovery potentials.

Our secondary target calculates at 11.1p, an ambition which makes quite a lot of visual sense as there’s even the impression of a glass ceiling waiting in the future distance. We can even provide a 3rd level ambition, should the share price manage to actually CLOSE a session above 7.1p in the future. In this scenario, we can politely mention 15p. To be fair, we rarely produce a report where we give the potential of a share price trebling but in this instance, it’s difficult not to mention the potentials.

Hopefully the company avoid shooting themselves in the foot.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:52:07PM	BRENT	120.08
9:54:45PM	GOLD	1852.46
10:12:55PM	FTSE	7623	7569	7538	7501	7599	7626	7638	7661	7602
10:15:19PM	FRANCE	6521									Success
10:25:34PM	GERMANY	14585
10:27:30PM	US500	4152.12	4096	4081	4053	4126	4165	4173	4206	4125	Shambles
10:29:41PM	DOW	33122.6									‘cess
10:31:31PM	NASDAQ	12683									Success
10:33:23PM	JAPAN	28141

7/06/2022 FTSE Closed at 7598 points. Change of -0.13%. Total value traded through LSE was: £ 6,878,313,102 a change of 13.3%

6/06/2022 FTSE Closed at 7608 points. Change of 1.01%. Total value traded through LSE was: £ 6,070,626,814 a change of 3.85%

1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%

31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%

30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%

27/05/2022 FTSE Closed at 7585 points. Change of -100%. Total value traded through LSE was: £ 5,290,006,868 a change of 0%

26/05/2022 FTSE Closed at 7564 points. Change of 0%. Total value traded through LSE was: £ 5,961,976,188 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:BLOE Block Energy PLC** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:DDDD 4D Pharma** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:ITRK Intertek** **LSE:SCLP Scancell** **

********

Updated charts published on : Block Energy PLC, Bowleven, BP PLC, 4D Pharma, Gulf Keystone, Glencore Xstra, Intertek, Scancell,

LSE:BLOE Block Energy PLC. Close Mid-Price: 2 Percentage Change: + 21.21% Day High: 2 Day Low: 1.65

Target met. All Block Energy PLC needs are mid-price trades ABOVE 2 to im ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

LSE:BLVN Bowleven. Close Mid-Price: 4.75 Percentage Change: + 90.00% Day High: 6.25 Day Low: 2.81

Target met. Continued trades against BLVN with a mid-price ABOVE 6.25 sho ……..

Subscribe for more

</p

View Previous Bowleven & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 446.5 Percentage Change: + 1.37% Day High: 449.3 Day Low: 439.2

Target met. In the event of BP PLC enjoying further trades beyond 449.3, ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:DDDD 4D Pharma Close Mid-Price: 31.6 Percentage Change: -4.24% Day High: 33.05 Day Low: 30.55

In the event 4D Pharma experiences weakness below 30.55 it calculates wit ……..

Subscribe for more

</p

View Previous 4D Pharma & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 300.5 Percentage Change: + 1.86% Day High: 303 Day Low: 295

Further movement against Gulf Keystone ABOVE 303 should improve accelerat ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:GLEN Glencore Xstra Close Mid-Price: 539.6 Percentage Change: -0.35% Day High: 548.3 Day Low: 535.6

In the event of Glencore Xstra enjoying further trades beyond 548.3, the ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:ITRK Intertek Close Mid-Price: 4561 Percentage Change: -1.13% Day High: 4617 Day Low: 4519

Continued weakness against ITRK taking the price below 4519 calculates as ……..

Subscribe for more

</p

View Previous Intertek & Big Picture ***

LSE:SCLP Scancell Close Mid-Price: 12.25 Percentage Change: -3.54% Day High: 13.12 Day Low: 12.25

This is rather unsettled as now below 12.25 suggests imminent weakness to ……..

Subscribe for more

</p

View Previous Scancell & Big Picture ***

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

#Gold #WallSt

To be honest, it was easy to completely forget about the little boxes which plugged into a phone socket, routing outbound calls to cheaper providers than British Telecom. This was back in the late 1990’s, when BT tended treat innovation as a nuisance and sometimes, even behaved as if this new fangled Broadband was inconvenient. It transpires TelecomPlus were behind the Smart Box, now rebranded as Utility Warehouse.

It’s quite nice to realise an innovator not only survived but has actually flourished in the period since. Currently trading around 1720p, the shares could be picked up for 62p back in 2002. Also interesting to note is our favourite source of salacious gossip for shares, Wikipedia, is devoid of any juicy information. We picked up an accurate summary of Telecom Plus activities from their “About Us” page (below), giving more information than Wikipedia achieves!

Currently, something quite interesting is happening with LSE:TEP share price as it’s achieving higher highs than any point since 2014. Perhaps more importantly, there was some sort of Glass Ceiling vaguelly around the 15.50 quid level and the share appears desperate to leave it being. Now above 1724p calculates with the potential of price growth to an initial 1870p, a point at which we’d suspect some hesitation. Unfortunately, there’s an argument developing against the potentials, should such a level be exceeded.

Above 1870p, certainly presents a secondary target of a nice round 2000p. However, if our 15.50 quid Glass Ceiling argument is valid, the share price could simply continue acceleration to a longer term 2340p.

We’re pretty optimistic against this one and it needs below 1460p to foul our calculations for the future.

 

Many thanks to the nice people who discover fascinating adverts to visit on this page. The income from clicks keeps the coffee pouring.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:45:43PM	BRENT	119.23									Shambles
10:47:30PM	GOLD	1841	1840	1834	1820	1857	1858	1864	1872	1847
10:49:28PM	FTSE	7608									‘cess
10:51:17PM	FRANCE	6538									‘cess
10:58:27PM	GERMANY	14693									Success
11:00:05PM	US500	4123.17
11:02:10PM	DOW	32924.2	32796	32636	32427	32982	33263	33443	33652	33038
11:04:10PM	NASDAQ	12608
11:06:26PM	JAPAN	28019									Success

6/06/2022 FTSE Closed at 7608 points. Change of 1.01%. Total value traded through LSE was: £ 6,070,626,814 a change of 3.85%

1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%

31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%

30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%

27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%

26/05/2022 FTSE Closed at 7564 points. Change of -100%. Total value traded through LSE was: £ 5,961,976,188 a change of 0%

25/05/2022 FTSE Closed at 7522 points. Change of 0%. Total value traded through LSE was: £ 6,164,105,326 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:BLOE Block Energy PLC** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:FGP Firstgroup** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **

********

Updated charts published on : Block Energy PLC, BP PLC, Cellular Goods, Diageo, Firstgroup, Gulf Keystone, Glencore Xstra, Hurrican Energy, Igas Energy, Natwest, Ocado Plc, Oxford Instruments, Rolls Royce, Serco,

LSE:BLOE Block Energy PLC. Close Mid-Price: 1.65 Percentage Change: + 1.54% Day High: 1.85 Day Low: 1.62

In the event of Block Energy PLC enjoying further trades beyond 1.85, the ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

LSE:BP. BP PLC. Close Mid-Price: 440.45 Percentage Change: + 2.12% Day High: 444.5 Day Low: 436.2

All BP PLC needs are mid-price trades ABOVE 444.5 to improve acceleration ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:CBX Cellular Goods. Close Mid-Price: 2 Percentage Change: + 2.56% Day High: 2.08 Day Low: 1.95

Continued trades against CBX with a mid-price ABOVE 2.08 should improve t ……..

Subscribe for more

</p

View Previous Cellular Goods & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3704.5 Percentage Change: + 2.28% Day High: 3737 Day Low: 3663

All Diageo needs are mid-price trades ABOVE 3737 to improve acceleration ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:FGP Firstgroup Close Mid-Price: 136 Percentage Change: -0.73% Day High: 143.6 Day Low: 134.9

Further movement against Firstgroup ABOVE 143.6 should improve accelerati ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:GKP Gulf Keystone. Close Mid-Price: 295 Percentage Change: + 2.61% Day High: 301 Day Low: 288

In the event of Gulf Keystone enjoying further trades beyond 301, the sha ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 541.5 Percentage Change: + 3.40% Day High: 542.6 Day Low: 529.7

Continued trades against GLEN with a mid-price ABOVE 542.6 should improve ……..

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

LSE:HUR Hurrican Energy Close Mid-Price: 7.44 Percentage Change: -4.12% Day High: 7.84 Day Low: 7.25

If Hurrican Energy experiences continued weakness below 7.25, it will inv ……..

Subscribe for more

</p

View Previous Hurrican Energy & Big Picture ***

LSE:IGAS Igas Energy Close Mid-Price: 26.6 Percentage Change: -0.75% Day High: 27.4 Day Low: 25

Target met. Continued weakness against IGAS taking the price below 25 cal ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 230.4 Percentage Change: + 1.63% Day High: 233.1 Day Low: 228.6

Continued trades against NWG with a mid-price ABOVE 233.1 should improve ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 951.4 Percentage Change: + 4.71% Day High: 953.6 Day Low: 917.4

Target met. Further movement against Ocado Plc ABOVE 953.6 should improve ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:OXIG Oxford Instruments. Close Mid-Price: 2335 Percentage Change: + 4.94% Day High: 2370 Day Low: 2200

Target met. Further movement against Oxford Instruments ABOVE 2370 should ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 92.92 Percentage Change: + 4.72% Day High: 93.81 Day Low: 89.16

Target met. In the event of Rolls Royce enjoying further trades beyond 94 ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 180 Percentage Change: + 0.61% Day High: 182.5 Day Low: 178.1

Continued trades against SRP with a mid-price ABOVE 182.5 should improve ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

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

#Brent #CAC40

(LSE:BARC) When we previously reviewed #Barclays, we’d a thing about 140p, giving grave warnings should such a level break. Thankfully, the share price has avoided such a trigger level like a politician avoiding the truth, carefully skirting around it. Hopefully this is final confirmation some residual value is seen in the bank share price, despite its horrific behaviour since dinosaurs ruled the earth.

This, of course, logically brings us to ‘Jurassic World Dominion’, due in UK cinemas this week. A neighbour is visiting Los Angeles and blagged his way into a special early screening last week. His take appears quite straightforward, deeming it worth going to a cinema to see as the original gang are back together again. Perhaps this, coupled with another few recent major titles, shall contribute to cinema chain share prices showing some solid recovery.

 

Barclays share price is certainly showing potentials, almost presenting itself as pretty close to a sure thing. Of course, given we are discussing a retail bank and thus, it must be remembered there’s no such thing as a “sure thing” where a UK bank is concerned. It was amusing reading some notes on profitability, realising the 3rd most profitable part of Barclays is based in Luxemburg, an office with just 54 staff members and potentially a branch where income is legally diverted to avoid paying UK taxes. The story had a certain whiff of the bank taking careful aim at their own share price, once again!

For now, above 174p should trigger confident price movement to an initial 188p with secondary, if exceeded, now calculating at 204p. To spoil such a party, the share needs break below 161p as this would utterly foul our calculations.

Hopefully, movement to our 188p target level comes quicker than the August Bank Holiday which currently feels like a very distant hope.

 

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
6:18:19PM	BRENT	120.51	115.59	114.94	112.92	117.13	120.9	121.32	123.99	118.6
6:20:38PM	GOLD	1851
6:34:57PM	FTSE	7567
7:14:40PM	FRANCE	6486	6470	6456	6424	6497	6552	6564	6619	6522
7:16:46PM	GERMANY	14495
7:41:41PM	US500	4108
7:43:26PM	DOW	32896
7:46:49PM	NASDAQ	12548
7:48:22PM	JAPAN	27561

1/06/2022 FTSE Closed at 7532 points. Change of -0.99%. Total value traded through LSE was: £ 5,845,714,503 a change of -53.49%

31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%

30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%

27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%

26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%

25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%

24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%

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:BLOE Block Energy PLC** **LSE:BLVN Bowleven** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Block Energy PLC, Bowleven, Cellular Goods, Diageo, Hurrican Energy, Igas Energy, Serco, Standard Chartered,

LSE:BLOE Block Energy PLC. Close Mid-Price: 1.62 Percentage Change: + 16.07% Day High: 1.62 Day Low: 1.4

Further movement against Block Energy PLC ABOVE 1.62 should improve accel ……..

Subscribe for more

</p

View Previous Block Energy PLC & Big Picture ***

LSE:BLVN Bowleven. Close Mid-Price: 2.5 Percentage Change: + 0.00% Day High: 2.5 Day Low: 2.38

Weakness on Bowleven below 2.38 will invariably lead to 1.5 with secondar ……..

Subscribe for more

</p

View Previous Bowleven & Big Picture ***

LSE:CBX Cellular Goods. Close Mid-Price: 1.95 Percentage Change: + 5.41% Day High: 1.95 Day Low: 1.85

All Cellular Goods needs are mid-price trades ABOVE 1.95 to improve accel ……..

Subscribe for more

</p

View Previous Cellular Goods & Big Picture ***

LSE:DGE Diageo Close Mid-Price: 3622 Percentage Change: -1.44% Day High: 3731.5 Day Low: 3621.5

In the event of Diageo enjoying further trades beyond 3731.5, the share s ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:HUR Hurrican Energy Close Mid-Price: 7.76 Percentage Change: -2.51% Day High: 7.9 Day Low: 7.61

In the event Hurrican Energy experiences weakness below 7.61 it calculate ……..

Subscribe for more

</p

View Previous Hurrican Energy & Big Picture ***

LSE:IGAS Igas Energy Close Mid-Price: 26.8 Percentage Change: -3.94% Day High: 28.7 Day Low: 26

Weakness on Igas Energy below 26 will invariably lead to 25 with secondar ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 178.9 Percentage Change: + 1.53% Day High: 181.5 Day Low: 177.3

Target met. All Serco needs are mid-price trades ABOVE 181.5 to improve a ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:STAN Standard Chartered. Close Mid-Price: 632.8 Percentage Change: + 0.48% Day High: 640.2 Day Low: 631.8

Continued trades against STAN with a mid-price ABOVE 640.2 should improve ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***

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

#FTSE #Gold

The other day, news broke that the woman who wrote “How To Murder Your Husband!” had been arrested, for murdering her husband. Perhaps someone at Tullow has a similar cunning plan, albeit perhaps too late, and will produce a book called “How To Murder A Share Price!”. From a high of 16 quid in 2012 to a low of 7.5p in 2020 took a special sort of management skill.

Thankfully, Wikipedia host a page which covers Tullows exploits and misfortunes in fascinating detail, the sum total of which indicates doing business in Africa is difficult and relying on the UK Government for help may perhaps become an error. It even gives mention to “Government figures were embroiled in the nexus of money and power fuelling climate change include William Hague, George Osborne, Michael Gove, Oliver Letwin, Vince Cable and Prime Minister David Cameron himself. Both William Hague and Michael Gove were said to have connections to Tullow”… Surprisingly, there’s no mention of the current UK PM.

The above screenshot is from their “About Us” page, surely suggesting the company must enjoy a strong base, a solid level from which the company share price almost must exhibit some recovery given what’s happening with Oil and Gas prices world wide? Unfortunately, at present there’s very little hope being displayed by recent price movements and perhaps investors feel understandably nervous, due to the company track record.

Presently trading around 55p, the share price requires exceed 61.5p to exceed Blue on the chart, a downtrend since 2019 which we feel shall prove relevant to the future. Movement above this line looks extremely capable of triggering recovery to an initial 69 with secondary, if bettered, at a comfortable looking 71.5p. We’ve a collection of different indicators, all giving the 71p level as a key target level, one which should prove game changing for the longer term, if the share price manages to close above 71p.

For now, there appears a slight issue, should the price discover an excuse to ignore world events and slump below 52p. This is potentially nasty, risking a visit to an initial 48p with secondary, if broken, at a hopeful bottom of 38p.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:20:00PM	BRENT	115.76	115.02	113.43	111	116.47	120.14	120.84	122.78	118.45	‘cess
9:21:49PM	GOLD	1836.76									Success
9:28:39PM	FTSE	7599	7570	7545	7510	7605	7648	7661	7691	7610	Success
9:30:48PM	FRANCE	6474									Success
9:34:04PM	GERMANY	14424									Success
9:43:09PM	US500	4130									Success
9:45:51PM	DOW	33051									Success
9:50:06PM	NASDAQ	12650									Success
9:51:59PM	JAPAN	27208									Shambles

31/05/2022 FTSE Closed at 7607 points. Change of 0.09%. Total value traded through LSE was: £ 12,568,637,540 a change of 132.45%

30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%

27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%

26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%

25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%

24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%

23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BP. BP PLC** **LSE:ECO ECO (Atlantic) O & G** **LSE:IGAS Igas Energy** **LSE:SRP Serco** **LSE:TRN The Trainline** **

********

Updated charts published on : BP PLC, ECO (Atlantic) O & G, Igas Energy, Serco, The Trainline,

LSE:BP. BP PLC. Close Mid-Price: 434.25 Percentage Change: + 0.17% Day High: 441.3 Day Low: 431.35

Further movement against BP PLC ABOVE 441.3 should improve acceleration t ……..

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 30.5 Percentage Change: + 4.10% Day High: 30.5 Day Low: 29.25

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 30. ……..

Subscribe for more

</p

View Previous ECO (Atlantic) O & G & Big Picture ***

LSE:IGAS Igas Energy Close Mid-Price: 27.9 Percentage Change: -2.11% Day High: 30 Day Low: 27.5

Target met. In the event Igas Energy experiences weakness below 27.5 it c ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 176.2 Percentage Change: + 0.51% Day High: 178 Day Low: 175.3

In the event of Serco enjoying further trades beyond 178, the share shoul ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:TRN The Trainline Close Mid-Price: 318.7 Percentage Change: -2.92% Day High: 333.4 Day Low: 315.4

All The Trainline needs are mid-price trades ABOVE 333.4 to improve accel ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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

#Gold #Nasdaq

We received a few emails asking about Comptoir, due to this AIM listed Lebanese themed restaurant chain share price umping by a solid 48%. The reason was fairly straightforward, a return to normality has brought a return to profits. The corporate website is worth a visit, if only due to their homage to the Queen at the bottom of the screen.

It certainly made for a pleasant change, seeing a Brit who isn’t Tommy Cooper wearing a red Fez.

Here in Argyll, there’s a distinct lack of Lebanese cuisine, an absence enhanced by the wonderful collection of Lebanese recipe food on the website. Perhaps next time we take a visit to England, it will be worth trying the experience as the chain don’t have a presence north of the border. Unfortunately, every single experience of food from “that side of the Med” has ensured a thoroughly spoiled holiday and a surprise weight loss regime. Our last trip to Egypt prompted a final travel embargo, thanks to previous culinary disasters on trips to Morocco, Algeria, and Tunisia. However, despite enjoying a ‘sensitive tummy’, the opportunity of trying a nations traditional food from the safety of London holds a certain attraction.

 

Comptoir share price certainly managed to move faster than myself running to a toilet in Cairo. Despite it closing the day at 8p after a day high at 11.75p, we shall be curious should it now find sufficient impetus to exceed 10.9p. Movement such as this is liable to now trigger a dash in the direction of 15p next. We tend suspect some hesitation at such a level, should it grace our screens, if only due to a prior high back in 2019. Sometimes the prospect of a glass ceiling becomes a self fulfilling prophecy. However, above 15p calculates with the potential of 18.5p as a secondary, a target level we’re not currently inclined to hold out hope for.

Closure above 15p shall become quite a big deal in the longer term, effectively placing the price in a region with the potential of a distant 29p.

 

Alas, there is a small problem with all this optimism and it comes from the faint Grey trendline on the chart. (see inset) This line represents the shares closing price highs since 2019 and for some reason, the market refused to let the share close above this particular trend, despite the price being substantially higher during the session. This behaviour gives a worrying message of the market keeping an eye on the share, along with an unpleasant threat of below 7.75p triggering reversal back to 5.25p, entrenching the price until such time a future excuse is discovered for another attempt at growth.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:31:01PM	BRENT	117.67									‘cess
9:34:08PM	GOLD	1855.87	1847	1845	1841	1861	1863	1872	1883	1851	Shambles
9:36:58PM	FTSE	7611.9									‘cess
9:39:26PM	FRANCE	6565.2									‘cess
9:41:19PM	GERMANY	14587
10:10:32PM	US500	4180.1									Success
10:12:57PM	DOW	33299									‘cess
10:14:47PM	NASDAQ	12816	12715	12673	12604	12802	12882	12907	12966	12828
10:16:56PM	JAPAN	27321									Success

30/05/2022 FTSE Closed at 7600 points. Change of 0.2%. Total value traded through LSE was: £ 5,407,099,048 a change of 2.21%

27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%

26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%

25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%

24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%

23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%

20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…

Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:AV. Aviva** **LSE:AZN Astrazeneca** **LSE:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:IAG British Airways** **LSE:NWG Natwest** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **

********

Updated charts published on : Aviva, Astrazeneca, Barclays, Cellular Goods, Diageo, ECO (Atlantic) O & G, MAN, British Airways, Natwest, Ocado Plc, Rolls Royce, Serco, Standard Chartered, Tern Plc, The Trainline,

LSE:AV. Aviva Close Mid-Price: 434.7 Percentage Change: -1.41% Day High: 443.2 Day Low: 433.7

Further movement against Aviva ABOVE 443.2 should improve acceleration to ……..

Subscribe for more

</p

View Previous Aviva & Big Picture ***

LSE:AZN Astrazeneca Close Mid-Price: 10468 Percentage Change: -1.06% Day High: 10676 Day Low: 10396

All Astrazeneca needs are mid-price trades ABOVE 10676 to improve acceler ……..

Subscribe for more

</p

View Previous Astrazeneca & Big Picture ***

LSE:BARC Barclays. Close Mid-Price: 171.22 Percentage Change: + 0.49% Day High: 173.34 Day Low: 170.12

Target met. Continued trades against BARC with a mid-price ABOVE 173.34 s ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

LSE:CBX Cellular Goods Close Mid-Price: 1.7 Percentage Change: -2.86% Day High: 1.7 Day Low: 1.45

If Cellular Goods experiences continued weakness below 1.45, it will inva ……..

Subscribe for more

</p

View Previous Cellular Goods & Big Picture ***

LSE:DGE Diageo. Close Mid-Price: 3668.5 Percentage Change: + 0.69% Day High: 3712.5 Day Low: 3649

Further movement against Diageo ABOVE 3712.5 should improve acceleration ……..

Subscribe for more

</p

View Previous Diageo & Big Picture ***

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 29.3 Percentage Change: + 3.90% Day High: 29.5 Day Low: 28.5

In the event of ECO (Atlantic) O & G enjoying further trades beyond 29.5, ……..

Subscribe for more

</p

View Previous ECO (Atlantic) O & G & Big Picture ***

LSE:EMG MAN. Close Mid-Price: 259.6 Percentage Change: + 0.70% Day High: 264.6 Day Low: 257.2

All MAN needs are mid-price trades ABOVE 264.6 to improve acceleration to ……..

Subscribe for more

</p

View Previous MAN & Big Picture ***

LSE:IAG British Airways. Close Mid-Price: 135.04 Percentage Change: + 3.49% Day High: 136.9 Day Low: 133.42

Continued trades against IAG with a mid-price ABOVE 136.9 should improve ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 228.9 Percentage Change: + 0.75% Day High: 231.7 Day Low: 228.1

Further movement against Natwest ABOVE 231.7 should improve acceleration ……..

Subscribe for more

</p

View Previous Natwest & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 935.2 Percentage Change: + 3.75% Day High: 944.8 Day Low: 897.8

Target met. All Ocado Plc needs are mid-price trades ABOVE 944.8 to impro ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 88.99 Percentage Change: + 2.39% Day High: 89.99 Day Low: 87.05

Continued trades against RR. with a mid-price ABOVE 89.99 should improve ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 175.3 Percentage Change: + 0.81% Day High: 176.2 Day Low: 171.3

Target met. Further movement against Serco ABOVE 176.2 should improve acc ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:STAN Standard Chartered Close Mid-Price: 626.6 Percentage Change: -0.06% Day High: 634.2 Day Low: 625.2

Target met. All Standard Chartered needs are mid-price trades ABOVE 634.2 ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***

LSE:TERN Tern Plc. Close Mid-Price: 16.75 Percentage Change: + 11.67% Day High: 17.25 Day Low: 15

Target met. Continued trades against TERN with a mid-price ABOVE 17.25 sh ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***

LSE:TRN The Trainline. Close Mid-Price: 328.3 Percentage Change: + 2.08% Day High: 330 Day Low: 321.6

In the event of The Trainline enjoying further trades beyond 330, the sha ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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

#Brent #Dax As it’s Kitchen Day in the USA, there’s a fair chance European markets shall open, move around a bit, then return to where they started at the end of business. This behaviour is almost like why we refer to this holiday as Kitchen Day, rather than its real title, “Memorial Day”. After all, everyone goes into the kitchen at some point, randomly opening drawers, before conceding they’ve forgotten why they were there in the first place, returning to the lounge or wherever with a vague hope you remember what prompted the visit.

In our own home, we’ve turned this ridiculous behaviour into an art, each of us constructing flamboyant answers to the inevitable question, “What was I looking for?” I think my wife won a personal best, when in utter frustration she grabbed her spare glasses, carelessly trying to fit them over the glasses she was already wearing. Glasses which, she’d gone into the kitchen to search for…

 

Last time we covered Natwest, we moaned it was as boring as the Miami GP. This time around, Monaco managed to defy expectations and produce a race which wasn’t entirely a snooze fest. The secret, as often is the case with Formula 1, was an ingredient often missing with this spectator event. “Just Add Water” in the shape of rain made the first half of proceedings fairly interesting, until everything reverted to type as the track dried out. Ferrari, with amazing incompetence, managed to give the winning position away and thus, became the first team since 2008 to fail to win despite qualifying first and second. The team in 2008 who pulled off this trick was, Ferrari… Hopefully Natwest share price doesn’t attempt to “do a Ferrari” as things are looking quite hopeful currently.

The key issue, as mentioned three weeks ago, is 227p. On Friday, the share closed the session at 227.2p, thus finding itself in pole position for some acceleration. Next above 230p should produce an attempt at 248p next with secondary, if exceeded, an amazing 270p. The reason we’re some impressed at the potential of 270p is simple. Such a movement risks becoming game changing for the retail banks long term potentials. We’ve shown them on the chart but shall refrain from saying them aloud, lest we jinx the process!

 

For things to go horribly wrong, the share price needs break below Blue, the long term downtrend, last stabbed by the Russia drop which looks capable of becoming a distant memory. Below 195p currently threatens reversal to 155p with secondary, if broken, an eventual bottom at 126p.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:14:49PM	BRENT	115.66	113.4	112.705	111.59	114.9	116.05	117.26	118.56	115	‘cess
3:50:08PM	GOLD	1854									‘cess
4:04:58PM	FTSE	7597									‘cess
2:18:37PM	FRANCE	6529									Success
2:31:09PM	GERMANY	14534	14227	14178	14059	14300	14535	14651	14790	14400	Success
2:58:54PM	US500	4158									Success
3:06:36PM	DOW	33204									‘cess
3:24:13PM	NASDAQ	12679									Success
3:29:56PM	JAPAN	27145									Success

 

27/05/2022 FTSE Closed at 7585 points. Change of 0.28%. Total value traded through LSE was: £ 5,290,006,868 a change of -11.27%

26/05/2022 FTSE Closed at 7564 points. Change of 0.56%. Total value traded through LSE was: £ 5,961,976,188 a change of -3.28%

25/05/2022 FTSE Closed at 7522 points. Change of 0.51%. Total value traded through LSE was: £ 6,164,105,326 a change of -26.57%

24/05/2022 FTSE Closed at 7484 points. Change of -0.39%. Total value traded through LSE was: £ 8,394,166,006 a change of 28.44%

23/05/2022 FTSE Closed at 7513 points. Change of 1.68%. Total value traded through LSE was: £ 6,535,271,427 a change of -11.05%

20/05/2022 FTSE Closed at 7389 points. Change of 1.19%. Total value traded through LSE was: £ 7,347,493,432 a change of 4.36%

19/05/2022 FTSE Closed at 7302 points. Change of -1.83%. Total value traded through LSE was: £ 7,040,483,001 a change of 0.49%

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:EMG MAN** **LSE:FGP Firstgroup** **LSE:IGAS Igas Energy** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TERN Tern Plc** **LSE:TRN The Trainline** **

********

Updated charts published on : Barclays, MAN, Firstgroup, Igas Energy, Ocado Plc, Oxford Instruments, Serco, Standard Chartered, Tern Plc, The Trainline,

LSE:BARC Barclays. Close Mid-Price: 170.38 Percentage Change: + 1.61% Day High: 171.08 Day Low: 166.46

Further movement against Barclays ABOVE 171.08 should improve acceleratio ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

LSE:EMG MAN. Close Mid-Price: 257.8 Percentage Change: + 0.19% Day High: 261.3 Day Low: 256

In the event of MAN enjoying further trades beyond 261.3, the share shoul ……..

Subscribe for more

</p

View Previous MAN & Big Picture ***

LSE:FGP Firstgroup. Close Mid-Price: 134.4 Percentage Change: + 3.54% Day High: 142.5 Day Low: 129.5

Continued trades against FGP with a mid-price ABOVE 142.5 should improve ……..

Subscribe for more

</p

View Previous Firstgroup & Big Picture ***

LSE:IGAS Igas Energy Close Mid-Price: 28.7 Percentage Change: -20.28% Day High: 35.2 Day Low: 28.1

If Igas Energy experiences continued weakness below 28.1, it will invaria ……..

Subscribe for more

</p

View Previous Igas Energy & Big Picture ***

LSE:OCDO Ocado Plc. Close Mid-Price: 901.4 Percentage Change: + 5.01% Day High: 902.4 Day Low: 843

In the event of Ocado Plc enjoying further trades beyond 902.4, the share ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:OXIG Oxford Instruments. Close Mid-Price: 2305 Percentage Change: + 2.67% Day High: 2365 Day Low: 2235

All Oxford Instruments needs are mid-price trades ABOVE 2365 to improve a ……..

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***

LSE:SRP Serco. Close Mid-Price: 173.9 Percentage Change: + 3.70% Day High: 174.9 Day Low: 167.5

Target met. Continued trades against SRP with a mid-price ABOVE 174.9 sho ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:STAN Standard Chartered. Close Mid-Price: 627 Percentage Change: + 0.51% Day High: 629.2 Day Low: 620.8

Target met. In the event of Standard Chartered enjoying further trades be ……..

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***

LSE:TERN Tern Plc. Close Mid-Price: 15 Percentage Change: + 9.09% Day High: 15.25 Day Low: 13.75

All Tern Plc needs are mid-price trades ABOVE 15.25 to improve accelerati ……..

Subscribe for more

</p

View Previous Tern Plc & Big Picture ***

LSE:TRN The Trainline Close Mid-Price: 321.6 Percentage Change: -0.77% Day High: 328.4 Day Low: 315.6

Further movement against The Trainline ABOVE 328.4 should improve acceler ……..

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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