Author: T&T Staff

With all the controversy about vaccines & masks, a decision to wear a different type of mask to a hospital appointment provoked some interesting results. Immediately recognised as, unlike in movies, they don’t hide your identity. More importantly, the nurses were in hysterics, the ward sister gleefully ‘borrowing’ it for a staff meeting. It appears the FTSE is also clearly wearing its own version of a superhero mask.

Witnessing a day, where the FTSE yet again did well despite a backdrop of the Nasdaq down 2.3%, Wall St down by 1.5%, France down and Germany flat, the UK market has continued to excel in the initial optimism which followed the pre-pandemic high being exceeded. Unfortunately, the market is now facing the next major hurdle. It closed Thursday at 7672 points, marginally below the previous high in January 2020 of 7674 points. We’d be comfortable Friday would again experience gains, if the UK index had just managed a few points higher. However, the visual implication given by this behaviour may be of slight nerves in the market place. Even the day high, at 7687 points, proved slightly below the previous high on the Blue trend at 7689 points. Perhaps we’re being a little pedantic but we’re more than a little curious as to what level the FTSE shall run out of steam, while it catches up with the previously flamboyant nature of other markets in the world.

 

The immediate situation for the FTSE 100 is pretty straightforward as movement above 7688 points should next target recovery to an initial 7714 with secondary, if bettered, at 7770 points. If triggered, the tightest stop looks like 7622 points.

Our alternate scenario allows weakness below 7622 to provoke reversals to an initial 7579 with secondary, if broken, a bottom of 7513 points and hopefully a proper bounce. The index now needs below 7380 to justify real panic.

As for the Nasdaq, it feels difficult letting a 2.3% reversal pass without comment. Presently trading at 14,705 points, the market requires below 14,450 to justify ongoing concern as this calculates with the potential of reversal to 13,755 next. If broken, our secondary works out at 12,941 points and visually, we’d hope for a rebound. Given price movements on the Nasdaq this week, we’re already resigned to 13,755 making an appearance.

Many thanks, again from the coffee fund, to those who discover an advert on this page worth visiting. 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:45:19PM	BRENT	90.81	90.38	89.7		91.1	91.93	92.71		90.96	‘cess
9:47:15PM	GOLD	1827.2	1821	1816		1836	1843	1852		1825	Shambles
9:48:52PM	FTSE	7616.73	7606	7591		7647	7690	7724		7627	‘cess
9:51:43PM	FRANCE	7043	7037	6988		7079	7142	7160		7077	Success
9:54:00PM	GERMANY	15385	15354	15309		15471	15582	15621		15480	‘cess
9:56:13PM	US500	4498.62	4482	4446		4532	4554	4566		4519	Success
9:58:13PM	DOW	35239	35105	34991		35355	35570	35636		35407	Success
10:00:55PM	NASDAQ	14705.27	14632	14591		14782	14836	14862		14728
10:03:38PM	JAPAN	27375	27333	27206		27614	27525	27574		27421	‘cess

 

10/02/2022 FTSE Closed at 7672 points. Change of 0.38%. Total value traded through LSE was: £ 6,626,677,333 a change of -0.02%

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

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:AVCT Avacta** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:GLEN Glencore Xstra** **LSE:IAG British Airways** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **

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Updated charts published on : Aviva, Avacta, Carnival, EasyJet, Fresnillo, Glencore Xstra, British Airways, Scancell, Vodafone,

LSE:AV. Aviva. Close Mid-Price: 445.5 Percentage Change: + 0.00% Day High: 448.8 Day Low: 443.6

Target met. All Aviva needs are mid-price trades ABOVE 448.8 to improve a ……..

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LSE:AVCT Avacta Close Mid-Price: 64 Percentage Change: -6.57% Day High: 68 Day Low: 61.5

Weakness on Avacta below 61.5 will invariably lead to 55 with secondary, ……..

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LSE:CCL Carnival. Close Mid-Price: 1585.2 Percentage Change: + 2.22% Day High: 1604 Day Low: 1535.6

Target met. Further movement against Carnival ABOVE 1604 should improve a ……..

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LSE:EZJ EasyJet. Close Mid-Price: 727.4 Percentage Change: + 3.94% Day High: 727.6 Day Low: 702

Further movement against EasyJet ABOVE 727.6 should improve acceleration ……..

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LSE:FRES Fresnillo Close Mid-Price: 631.6 Percentage Change: -0.69% Day High: 640.4 Day Low: 621.8

If Fresnillo experiences continued weakness below 612, it will invariably ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 421.05 Percentage Change: + 0.25% Day High: 428.4 Day Low: 417.5

In the event of Glencore Xstra enjoying further trades beyond 428.4, the ……..

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LSE:IAG British Airways. Close Mid-Price: 178.3 Percentage Change: + 1.91% Day High: 180.04 Day Low: 173.72

All British Airways needs are mid-price trades ABOVE 180.04 to improve a ……..

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LSE:SCLP Scancell Close Mid-Price: 15.5 Percentage Change: -7.46% Day High: 16.75 Day Low: 15.62

Continued weakness against SCLP taking the price below 15.62 calculates a ……..

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LSE:VOD Vodafone Close Mid-Price: 138.44 Percentage Change: -0.79% Day High: 141.6 Day Low: 136.98

Target met. All Vodafone needs are mid-price trades ABOVE 141.6 to improv ……..

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

<m> John Strang

#DAX #NK225 It’s be nice to say our visit to Polar Cap was inspired by local events on Wednesday but the reality was easier, a couple of emails asking our opinion on where bottom may be! The local events? Using an angle grinder to remove/install a tumble drier vent, during snow & hail storms, and sunny weather. Also, glancing at the lawn, an unpleasant realisation the grass needs cut already…

Thanks to Argyll’s changeable weather, a job which should have taken maybe 30 minutes managed to spin out to a few hours. I’m one of these people who dislikes using electrical tools in wet weather, jumping at the chance of being “rained off” any unpleasant task. Attacking a six inch vent pipe, during a snowstorm, gave a rock solid excuse but unfortunately, every time the weather turned, by the time all the electrical equipment was safe, the sun would invariably come out. The day started to feel like the weather was playing a practical joke and worse, by the time the old vent was removed, it became apparent the new vent was going to need cemented in place and cement doesn’t harden well in freezing conditions. As a result, our tumble drier now vents into a pair of lady’s tights, the only thing immediately available to cover the hole in the outside wall until the weather improves.

 

We’ve never covered Polar Capital before and glanced at their website to discover what they’re up to. They choose to describe themselves as;

 

“Polar Capital is an investment-led, integrated multi-boutique that is a boutique itself. It is a specialist active fund management business whose culture is characterised as meritocratic and collaborative.“

Due to an intense dislike of buzzword-prose, it was easy to stop reading at this point but would guess, given their range of locations along with 16 investment teams operating autonomously, the company are pretty good in their field.

 

The company share price has performed pretty nicely since the pandemic plunge, recovering from a low of 282p to a high of 950p and is currently trading around 628p. Curiously, our calculated recovery target worked out at 916p and once again, we’re seeing a share which exceeded target intraday, yet failed to actually close a session above 916p. The highest closing price achieved was 915p and once again, we find another share where we fear this perceived weakness allows reversals.

The immediate situation is fairly straightforward as weakness below 598p should eventually make a visit down to 542p. We’d hope for a bounce at such a level but warn, if 542p breaks on any initial surge downward, our eventual secondary calculates at a hopeful bottom of 324p. If we rely on the visuals, it appears 542p would certainly provide a reasonable floor level on the current reversal cycle.

Needing a small miracle, the share price requires exceed 800p to nullify the foregoing conclusions, especially as this would imply the potential of a visit to a longer term 1133p and a new all time high. Hopefully our ‘functional, logic-based, projection‘ of a bottom at 542p proves accurate. (Our thanks to Honeywell for their rather ancient Buzzword Generator)

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:41:47PM	BRENT	91.31
9:44:03PM	GOLD	1833.39									‘cess
9:46:34PM	FTSE	7663.75									‘cess
10:17:20PM	FRANCE	7151.4									Success
10:20:02PM	GERMANY	15537	15407	15380	15324	15509	15548	15593	15670	15439	Success
10:22:13PM	US500	4589.42									Success
10:25:43PM	DOW	35826.9									Success
10:27:58PM	NASDAQ	15065									Success
10:30:13PM	JAPAN	27830	27386	27348	27186	27540	27836	27855	27985	27658	Success

.

9/02/2022 FTSE Closed at 7643 points. Change of 1%. Total value traded through LSE was: £ 6,627,688,349 a change of 1.84%

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:EZJ EasyJet** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **

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Updated charts published on : Aviva, British Telecom, Carclo, Carnival, Centrica, EasyJet, British Airways, IQE, ITM Power, Quadrise,

LSE:AV. Aviva. Close Mid-Price: 445.5 Percentage Change: + 0.29% Day High: 447 Day Low: 441.4

In the event of Aviva enjoying further trades beyond 447, the share shoul ……..

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LSE:BT.A British Telecom. Close Mid-Price: 198.5 Percentage Change: + 0.53% Day High: 199.85 Day Low: 196.65

Target met. Continued trades against BT.A with a mid-price ABOVE 199.85 s ……..

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LSE:CAR Carclo Close Mid-Price: 31.3 Percentage Change: -7.94% Day High: 32 Day Low: 30.4

If Carclo experiences continued weakness below 30.4, it will invariably l ……..

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LSE:CCL Carnival. Close Mid-Price: 1550.8 Percentage Change: + 3.08% Day High: 1566.8 Day Low: 1503.4

Target met. Continued trades against CCL with a mid-price ABOVE 1566.8 sh ……..

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LSE:CNA Centrica. Close Mid-Price: 78.9 Percentage Change: + 0.82% Day High: 79.48 Day Low: 78.34

In the event of Centrica enjoying further trades beyond 79.48, the share ……..

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LSE:EZJ EasyJet. Close Mid-Price: 699.8 Percentage Change: + 3.58% Day High: 718.4 Day Low: 685

Target met. All EasyJet needs are mid-price trades ABOVE 718.4 to improve ……..

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LSE:IAG British Airways. Close Mid-Price: 174.96 Percentage Change: + 4.67% Day High: 174.98 Day Low: 167.54

Further movement against British Airways ABOVE 174.98 should improve acc ……..

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LSE:IQE IQE. Close Mid-Price: 35.75 Percentage Change: + 5.15% Day High: 36.5 Day Low: 34.35

Target met. All IQE needs are mid-price trades ABOVE 36.5 to improve acce ……..

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LSE:ITM ITM Power. Close Mid-Price: 278.8 Percentage Change: + 12.33% Day High: 287.4 Day Low: 251.4

This might be important, I’m not entirely sure thanks to the level of cont ……..

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LSE:QFI Quadrise Close Mid-Price: 1.8 Percentage Change: -2.70% Day High: 1.9 Day Low: 1.8

If Quadrise experiences continued weakness below 1.8, it will invariably ……..

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

With Valentines Day approaching, we wonder if Cellular Goods shall reap any benefit from their cannabis lotions and creams. Recent findings reveal substantial skin improvements with the application of CBD products. There are few gestures more romantic than saying to a loved one;  “Your face is bloated, sagging and looked old. Here’s a cream!”

All kidding aside, it’s easy to suspect CBD products will join many beauty regimes, especially as they actually work. From a personal standpoint, I’ve been using Oil of Ulay for nearly 30 years and can confirm it doesn’t work. I’m still as ugly now as I was then… Quite seriously, the last 10 years brought a need for moisturisers and skin care products, due to repeated chemotherapy. All the needles and lines leave substantial damage, provoking a repeated fight as nurses require undamaged skin to allow them to continue their routine abuse. Medical plumbing which once could be attached to the back of a hand gradually migrates up the arm, the wounds not healing in time for the next session. Then the nurse discovers you’ve another arm! While thankfully now receiving treatment (very successfully) which requires none of the invasive drips and transfusions, if I were, I’d be eager to try Cellular Goods CBD infused products.

 

Last time we reviewed Cellular Goods in October 2021, we appear to have gotten everything right but now, it’s all going horribly wrong for some reason. It’s interesting we’d proposed a potential high of 10.6p, the share price cheerfully exceeding this for 7 sessions toward the end of November but there was a crucial detail which is noteworthy. We often bang on about the need for a price to actually CLOSE above our target levels and in the case of LSE:CBX, despite reaching 11.6p, the highest the price closed at was 10.66p on November 30th. It’s silly to get excited at the extra 6/100th’s of a penny as we round our numbers down. The result is a perfect example of the need for targets to be exceeded, before making assumptions the door is open for a positive future. We’ve shown an inset on the chart which clearly highlights the drama at the 10.6p level last year.

By failing to exceed our 10.6p calculation, the first box was ticked in a scenario which allowed for potential weakness. When the share price managed to flutter below the Red uptrend at the end of last month, the 2nd box pointing at continued weakness was ticked and now, we must concede there’s a real problem. Should the share price now manage to wander below 5p, it risks reversal down to an initial 4.1p with secondary, if broken, at a hopeful bouncy bottom of 1.9p. To escape this mess, the share requires exceed Blue on the chart, presently around 7.6p as this should promote recovery to 9.5p. Above such a level and we’ll take another look at future potentials.

Who knows, perhaps the share will be a surprise Valentines day gift?

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:06:00PM	BRENT	90.77									Success
10:07:47PM	GOLD	1827.21									‘cess
10:11:19PM	FTSE	7594.29
10:14:39PM	FRANCE	7035.1	6984	6949	6904	7039	7071	7089	7121	7020	‘cess
10:16:32PM	GERMANY	15298.8									‘cess
10:52:11PM	US500	4526.17									Shambles
10:54:28PM	DOW	35500									‘cess
10:58:15PM	NASDAQ	14788	14628	14487	14225	14638	14791	14869	14999	14649	‘cess
11:00:08PM	JAPAN	27395									‘cess

 

8/02/2022 FTSE Closed at 7567 points. Change of -0.08%. Total value traded through LSE was: £ 6,508,230,293 a change of 10.94%

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%

31/01/2022 FTSE Closed at 7464 points. Change of -0.03%. Total value traded through LSE was: £ 6,086,283,575 a change of -43.89%

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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:MKS Marks and Spencer** **LSE:OCDO Ocado Plc** **LSE:OXIG Oxford Instruments** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:SCLP Scancell** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **

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Updated charts published on : Aston Martin, Aviva, Avacta, BP PLC, Cellular Goods, ECO (Atlantic) O & G, EasyJet, Gulf Keystone, HSBC, Marks and Spencer, Ocado Plc, Oxford Instruments, President Energy, Quadrise, Scancell, Standard Chartered, Vodafone,

LSE:AML Aston Martin Close Mid-Price: 1114.5 Percentage Change: -1.46% Day High: 1138 Day Low: 1090

Weakness on Aston Martin below 1090 will invariably lead to 1014 with sec ……..

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LSE:AV. Aviva. Close Mid-Price: 444.2 Percentage Change: + 1.12% Day High: 446 Day Low: 439.4

Continued trades against AV. with a mid-price ABOVE 446 should improve th ……..

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LSE:AVCT Avacta Close Mid-Price: 67 Percentage Change: -10.07% Day High: 75 Day Low: 66.5

If Avacta experiences continued weakness below 66.5, it will invariably l ……..

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LSE:BP. BP PLC Close Mid-Price: 399 Percentage Change: -2.36% Day High: 418 Day Low: 398.35

Continued trades against BP. with a mid-price ABOVE 418 should improve th ……..

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LSE:CBX Cellular Goods Close Mid-Price: 5.5 Percentage Change: -5.17% Day High: 5.65 Day Low: 5.55

Continued weakness against CBX taking the price below 5.55 calculates as ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 31 Percentage Change: + 3.33% Day High: 32.5 Day Low: 31

Further movement against ECO (Atlantic) O & G ABOVE 32.5 should improve a ……..

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LSE:EZJ EasyJet. Close Mid-Price: 675.6 Percentage Change: + 4.00% Day High: 680 Day Low: 651.2

Target met. In the event of EasyJet enjoying further trades beyond 680, t ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 235 Percentage Change: -1.47% Day High: 244.5 Day Low: 234.5

Further movement against Gulf Keystone ABOVE 244.5 should improve acceler ……..

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LSE:HSBA HSBC. Close Mid-Price: 563.5 Percentage Change: + 1.19% Day High: 566.1 Day Low: 556.9

Target met. In the event of HSBC enjoying further trades beyond 566.1, th ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 195.05 Percentage Change: -1.24% Day High: 197 Day Low: 191.6

Continued weakness against MKS taking the price below 191.6 calculates as ……..

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LSE:OCDO Ocado Plc Close Mid-Price: 1225 Percentage Change: -12.94% Day High: 1307 Day Low: 1140.5

Target met. In the event Ocado Plc experiences weakness below 1140.5 it c ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2040 Percentage Change: -1.69% Day High: 2080 Day Low: 2025

Weakness on Oxford Instruments below 2025 will invariably lead to 2005 wi ……..

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LSE:PPC President Energy Close Mid-Price: 1.57 Percentage Change: -8.70% Day High: 1.75 Day Low: 1.57

Continued weakness against PPC taking the price below 1.57 calculates as ……..

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LSE:QFI Quadrise Close Mid-Price: 1.85 Percentage Change: -3.90% Day High: 1.9 Day Low: 1.85

Continued weakness against QFI taking the price below 1.85 calculates as ……..

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LSE:SCLP Scancell Close Mid-Price: 16.62 Percentage Change: -3.62% Day High: 17.45 Day Low: 16.62

Target met. If Scancell experiences continued weakness below 16.62, it wi ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 571.4 Percentage Change: + 0.53% Day High: 573.6 Day Low: 565.6

Target met. All Standard Chartered needs are mid-price trades ABOVE 573.6 ……..

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LSE:VOD Vodafone Close Mid-Price: 137.22 Percentage Change: -0.13% Day High: 139.66 Day Low: 136.26

Target met. Continued trades against VOD with a mid-price ABOVE 139.66 sh ……..

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

#Gold #SP500 The exterior visuals of our local cinema, here in our bit of Argyll, tend allow speculation as to whether they still show “Gone With The Wind”. From an exterior glance, the building fails to achieve any form of modernity, while failing to display a single sign of architectural creativity. Inside, it’s thankfully a different story, incredibly comfortable, despite a ticket booth which always reminds of the “Back to the Future” movies for some reason.

Now, as an early vaccine adopter and recently armed with the 2nd booster shot for Covid, it’s tempting to visit the cinema again as some reasonable titles are being released. Plus, there’s always a slight feeling of guilt at failing to support a local business, an ancient cinema which has survived without being part of a chain, yet still manages to charge absurd prices for goodies from the foyer. And this, of course, brings us to Cineworld and the very last sentence of our report in July last year (link), when we mentioned;

“For now, we suspect it intends head toward 44p, hopefully failing to break such a level and giving a fairly strong level to rebound from.”

On December 13th last year, the price closed the session at 44.13p and we sat back, eating popcorn and waiting for a bounce. Alas, the next day it broke below the critical 44p level, shuffling down to 43.8p briefly in a movement which justified a Spock from Star trek raised eyebrow. This was a small danger sign, something like a little itch in your nose which precedes an enormous sneeze. Just a day later, the sneeze happened with the share price being gapped down to 33p at the open. The market clearly had other ideas for the direction Cineworld were due to take.

 

There are a couple of small points which are perhaps noteworthy. Firstly, there’s the Blue trend line on the chart, a line the share price has being paying close attention to this year. This innocent looking line dates back to 2017, an era when Cineworld traded at 700p. Secondly, when a share price reacts to such a trend, there’s an implication of the potential forces which may become apparent, should the price manage to close a session above Blue. We’re not suggesting any sort of recovery to 700p but experience has taught jumps upward tend be flamboyant, in circumstances where the starting point for a share trend is significantly higher. As Cineworld are currently trading around 1/20th of their high, quite a lot of force could be with it…

To dwell on the current potential downsides, below 33p threatens reversal to 28p next, hopefully with a proper bounce. If broken, our longer term secondary calculates at 17p and “ultimate” bottom, the level below which we run out of numbers. Should the 17p level make a guest appearance, perhaps a Glass Floor shall form as this visual matches prior lows from 2020.

 

Thankfully, there are sufficient reasons for a “However” as above 40p looks capable of triggering recovery to an initial 54p with secondary, if bettered, working out at a longer term 78p. This is an early example of the possibilities for strength, thanks to the price once trading substantially higher. We’ve given a few teasers above this level on the chart below but realistically, we shall prefer revisit if the 78p level ever stars in this lots future.

 

Many thanks to the nice folk who find an advert worthy of visiting on this page. Keeps us in Taylors Lazy Sunday coffee beans!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:26:27PM	BRENT	92.47									‘cess
9:29:02PM	GOLD	1821.65	1808	1806	1801	1816	1824	1827	1843	1811	Success
9:30:56PM	FTSE	7580.1
9:33:06PM	FRANCE	7026.9
9:35:09PM	GERMANY	15210									Shambles
9:39:22PM	US500	4493.22	4469	4460	4439	4506	4523	4528	4548	4480
9:41:11PM	DOW	35141.7
10:06:15PM	NASDAQ	14615									Success
10:08:08PM	JAPAN	27206

 

7/02/2022 FTSE Closed at 7573 points. Change of 0.76%. Total value traded through LSE was: £ 5,866,179,162 a change of 4.27%

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%

31/01/2022 FTSE Closed at 7464 points. Change of -0.03%. Total value traded through LSE was: £ 6,086,283,575 a change of -43.89%

28/01/2022 FTSE Closed at 7466 points. Change of -1.16%. Total value traded through LSE was: £ 10,846,360,111 a change of 33.05%

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:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:FOXT Foxtons** **LSE:GKP Gulf Keystone** **LSE:HSBA HSBC** **LSE:IQE IQE** **LSE:MKS Marks and Spencer** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:QFI Quadrise** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **

********

Updated charts published on : Avacta, BALFOUR BEATTY, BP PLC, Cellular Goods, ECO (Atlantic) O & G, Empyrean, Foxtons, Gulf Keystone, HSBC, IQE, Marks and Spencer, Oxford Instruments, Primary Health, Quadrise, Standard Chartered, Vodafone,

LSE:AVCT Avacta Close Mid-Price: 74.5 Percentage Change: -21.78% Day High: 85.5 Day Low: 73.5

This is looking grim as below 73p now risks a visit to 55 with secondary, ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 248.6 Percentage Change: -1.19% Day High: 252.4 Day Low: 246.2

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LSE:BP. BP PLC. Close Mid-Price: 408.65 Percentage Change: + 0.68% Day High: 409.45 Day Low: 398

All BP PLC needs are mid-price trades ABOVE 409.45 to improve acceleratio ……..

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LSE:CBX Cellular Goods Close Mid-Price: 5.8 Percentage Change: -0.85% Day High: 5.85 Day Low: 5.65

Weakness on Cellular Goods below 5.65 will invariably lead to 5.50 with s ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 30 Percentage Change: + 7.14% Day High: 30.5 Day Low: 28.25

Target met. Continued trades against ECO with a mid-price ABOVE 30.5 shou ……..

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LSE:EME Empyrean. Close Mid-Price: 7.35 Percentage Change: + 2.08% Day High: 7.6 Day Low: 6.9

Further movement against Empyrean ABOVE 7.6 should improve acceleration t ……..

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LSE:FOXT Foxtons Close Mid-Price: 37.7 Percentage Change: -4.44% Day High: 38.9 Day Low: 36.65

Target met. If Foxtons experiences continued weakness below 36.65, it wil ……..

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LSE:GKP Gulf Keystone Close Mid-Price: 238.5 Percentage Change: -0.21% Day High: 242.5 Day Low: 234.5

Target met. All Gulf Keystone needs are mid-price trades ABOVE 242.5 to i ……..

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LSE:HSBA HSBC. Close Mid-Price: 556.9 Percentage Change: + 2.18% Day High: 557 Day Low: 545.2

Target met. Further movement against HSBC ABOVE 557 should improve accele ……..

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LSE:IQE IQE. Close Mid-Price: 33.85 Percentage Change: + 2.58% Day High: 34.25 Day Low: 32.8

Further movement against IQE ABOVE 34.25 should improve acceleration towa ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 197.5 Percentage Change: -3.09% Day High: 206 Day Low: 198.95

Weakness on Marks and Spencer below 198.95 will invariably lead to 188 wi ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2075 Percentage Change: + 0.48% Day High: 2085 Day Low: 2035

Continued weakness against OXIG taking the price below 2035 calculates as ……..

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LSE:PHP Primary Health Close Mid-Price: 135.4 Percentage Change: -1.46% Day High: 138.7 Day Low: 135.4

In the event Primary Health experiences weakness below 135.4 it calculate ……..

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LSE:QFI Quadrise Close Mid-Price: 1.92 Percentage Change: -7.45% Day High: 2 Day Low: 1.9

Target met. In the event Quadrise experiences weakness below 1.9 it calcu ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 568.4 Percentage Change: + 2.41% Day High: 566.6 Day Low: 553.6

In the event of Standard Chartered enjoying further trades beyond 566.6, ……..

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LSE:VOD Vodafone. Close Mid-Price: 137.4 Percentage Change: + 2.37% Day High: 138.14 Day Low: 134.34

Target met. Further movement against Vodafone ABOVE 138.14 should improve ……..

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

#Brent #DAX We wonder if the recent little hiccup with Facebook share price, among others to be fair, share prove emblematic of a wider problem. For quite some time, we’ve thought many tech stocks – and some pharma’s – have enjoyed too great a success, share prices going higher, far higher, than logically sane. But somewhere in the world, there’s a market where share prices tend opt for boredom, the concept of flamboyant behaviour suspected to be a thing of the past.

Obviously, we’re looking at the FTSE 100, home of undervalued but respectable shares. The UK’s retail banks, long ignored, may even be poised for some time in the sun, hopefully seen as a safer haven against the hysterical behaviour exhibited in the US market place against the likes of Moderna, Netflix, and recently, Meta (aka Facebook). With the likes of Barclays, the share price is already starting to look interesting, something especially clear when viewing the company performance on Wall St. Lloyds Bank share price, is not yet copying Barclays on Wall St, presently trading around $2.76US but requiring above $3.43US to tell us to anticipate some real movement. Such a trigger looks capable of provoking a cycle to $5.85US eventually.

 

To return to a UK perspective and Sterling share price valuations for Lloyds, if we rely on trend lines, the immediate Blue downtrend suggests the share needs above 60p currently to promote joy for the future, ideally triggering a surge to an initial 65p with secondary, if bettered, a longer term 77p. What surprises us currently are two very different formula, both of which point to the immediate movement cycle heading to 58.5p as a major point of interest. Generally speaking, when a bunch of arguments produce similar target levels for a share, it takes something quite dramatic for such a target to be avoided. As a result, despite Lloyds bouncing around in the lower 50’s, we’ve considerable hope sufficient force will appear to drive it upward to our 58.6p.

We suspect the price shall only require closure above this 58.5p target level to signify our bigger picture ambition of 77p assuming a degree of reality. For everything to start going horribly wrong, the share price currently needs weaken below 47p.

 

Finally, and absolutely nothing to do with Lloyds Bank, for the first time in decades, my weekend was hijacked by a brilliant book, a biography by someone called Sonia Purnell. It’s called “A Woman of No Importance” and was about someone called Virginia Hall, described as WWII’s most dangerous spy. An utterly fascinating ‘read’. (Available as an audiobook)

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
3:26:57PM	BRENT	92.54	91.26	90.985	90.17	92.8	92.9	93.425	94.55	91	Success
3:29:05PM	GOLD	1808.39									Shambles
3:31:28PM	FTSE	7525
3:34:20PM	FRANCE	6998.1									‘cess
3:38:18PM	GERMANY	15160	15135	15073	14853	15241	15304	15343	15384	15178	Success
3:40:22PM	US500	4523.47
3:50:01PM	DOW	35221.6									‘cess
3:52:08PM	NASDAQ	14769									Success
3:53:52PM	JAPAN	27295									Success

4/02/2022 FTSE Closed at 7516 points. Change of 3.55%. Total value traded through LSE was: £ 5,625,836,746 a change of -14.55%

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%

31/01/2022 FTSE Closed at 7464 points. Change of -0.03%. Total value traded through LSE was: £ 6,086,283,575 a change of -43.89%

28/01/2022 FTSE Closed at 7466 points. Change of -1.16%. Total value traded through LSE was: £ 10,846,360,111 a change of 33.05%

27/01/2022 FTSE Closed at 7554 points. Change of 1.14%. Total value traded through LSE was: £ 8,151,826,198 a change of 20.71%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:EME Empyrean** **LSE:GKP Gulf Keystone** **LSE:IQE IQE** **LSE:PHP Primary Health** **LSE:SCLP Scancell** **LSE:VOD Vodafone** **

********

Updated charts published on : Aston Martin, Centrica, Capita, Empyrean, Gulf Keystone, IQE, Primary Health, Scancell, Vodafone,

LSE:AML Aston Martin Close Mid-Price: 1124.5 Percentage Change: -2.43% Day High: 1163 Day Low: 1115

If Aston Martin experiences continued weakness below 1115, it will invari ……..

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LSE:CNA Centrica Close Mid-Price: 76.48 Percentage Change: -1.52% Day High: 78.32 Day Low: 76.16

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LSE:CPI Capita Close Mid-Price: 31.09 Percentage Change: -2.11% Day High: 31.8 Day Low: 30.59

In the event Capita experiences weakness below 30.59 it calculates with a ……..

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LSE:EME Empyrean. Close Mid-Price: 7.2 Percentage Change: + 2.13% Day High: 7.45 Day Low: 7

All Empyrean needs are mid-price trades ABOVE 7.45 to improve acceleratio ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 239 Percentage Change: + 8.64% Day High: 240 Day Low: 221

Target met. In the event of Gulf Keystone enjoying further trades beyond ……..

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LSE:IQE IQE. Close Mid-Price: 33 Percentage Change: + 3.45% Day High: 33.2 Day Low: 31.95

In the event of IQE enjoying further trades beyond 33.2, the share should ……..

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LSE:PHP Primary Health Close Mid-Price: 137.4 Percentage Change: -2.62% Day High: 142.4 Day Low: 137.7

Target met. Continued weakness against PHP taking the price below 137.7 c ……..

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LSE:SCLP Scancell. Close Mid-Price: 17.5 Percentage Change: + 0.57% Day High: 17.75 Day Low: 17.25

In the event Scancell experiences weakness below 17.25 it calculates with ……..

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LSE:VOD Vodafone. Close Mid-Price: 134.22 Percentage Change: + 0.48% Day High: 135.92 Day Low: 134.42

In the event of Vodafone enjoying further trades beyond 135.92, the share ……..

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

FTSE for FRIDAY (FTSE:UKX)

With all the bad stuff going on in the world, often only mitigated by the comic relief provided by the UK’s Prime Minister, we decided it may be worth going back in time and looking at how the market has recovered from previous trauma. The Tech Crash, the Financial Crash, both followed a similar playbook for recovery and we’re curious as to whether the Covid Crash shall mimic a similar path.

Currently, there are certainly plenty of reasons to be nervous. For instance, at time of writing, the Nasdaq is down -4.6% and also, Germany and France managed a day of reversals below -1.5%. For a change, the FTSE proved less sluggish, ‘only’ achieving -0.7% down for the day. As we’ve seen the FTSE often outperform other markets in gain strength during January, it appears reasonable to assume the FTSE remains in a recovery cycle, intending to catch up with the rest of the world. Whereas other markets appear to be experiencing retreats from all time highs. It’s all very strange…

By way of experiment, we decided to apply recovery strengths given in previous cycles in an attempt to figure out where the FTSE intends head. Always assuming Russia refrains from taking a holiday in Ukraine and the UK PM continues to wear an invisible big red clown nose. The consensus calculates with an initial target level around 8,100 points with secondary, if bettered, being a little more argumentative. When we apply the Tech Crash model, our secondary calculates at 8,355 points as providing a level where we should anticipate FTSE fireworks next. However, with the model from the Financial Crash – along with the 2016 Brexit Crash – we can now work out an eventual 8,860 as the level where the FTSE should experience real volatility. But amongst all this, we remains truly surprised at the broad agreement of the FTSE currently viewed as heading to the 8,100 level.

It certainly feels silly, proposing a further 500 points for the UK against a backdrop of other markets experiencing serious volatility. We can hope.

As for the FTSE for FRIDAY, despite international hysterics, we’re feeling strangely hopeful for some near term gains. To be blunt, while the market closed at 7528 on Thursday, we hope “they” gap the index up above 7565 at the open on Friday. If “they” opt to spike the market up rather than a gap, things could be unpleasant next week.

Working on the basis the market is gapped above 7565 at the open, we suspect a cycle to 7600 shall commence. If bettered, our near term secondary calculates at 7625 points. And if things get really frothy, the index could easily charge uphill to an impossible 7655 eventually! If triggered, the tightest stop level looks like Thursdays closing price of 7528 points.

 

Our alternate scenario demands weakness below 7528 to risk triggering reversal to an initial 7499 points. If broken, our secondary (and hopefully bounce point) works out at 7,448 points.

Have a good weekend. Now just 44 days until the Bahrain Grand Prix. And I’m getting my 4th Covid jag on Saturday!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:51:09PM	BRENT	90.84	87.82	87.18		89.5	91.15	91.46		88	Shambles
10:53:37PM	GOLD	1805.27	1793	1786		1805	1809	1816.5		1800
10:56:06PM	FTSE	7568	7510	7479		7562	7604	7618		7530	Success
10:58:53PM	FRANCE	6975.4	6969	6964		6997	7022	7073		6982	Success
11:01:34PM	GERMANY	15431.2	15368	15348		15445	15548	15574		15349	Success
11:05:51PM	US500	4521	4471	4427		4520	4544	4559		4501	Success
11:08:25PM	DOW	35277	35156	35081		35286	35395	35506		35194	‘cess
11:10:51PM	NASDAQ	14779	14670	14561		14755	14891	14957		14724	‘cess
11:12:48PM	JAPAN	27143	26940	26848		27168	27300	27342		27140	Success

 

3/02/2022 FTSE Closed at 7258 points. Change of -4.29%. Total value traded through LSE was: £ 6,584,025,295 a change of 21.45%

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%

31/01/2022 FTSE Closed at 7464 points. Change of -0.03%. Total value traded through LSE was: £ 6,086,283,575 a change of -43.89%

28/01/2022 FTSE Closed at 7466 points. Change of -1.16%. Total value traded through LSE was: £ 10,846,360,111 a change of 33.05%

27/01/2022 FTSE Closed at 7554 points. Change of 1.14%. Total value traded through LSE was: £ 8,151,826,198 a change of 20.71%

26/01/2022 FTSE Closed at 7469 points. Change of 1.33%. Total value traded through LSE was: £ 6,753,491,510 a change of 0.93%

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:CBX Cellular Goods** **LSE:HSBA HSBC** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:QFI Quadrise** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **LSE:ZOL Zoldav** **

********

Updated charts published on : Cellular Goods, HSBC, National Glib, Natwest, Omega Diags, Quadrise, Standard Chartered, Vodafone, Zoldav,

LSE:CBX Cellular Goods. Close Mid-Price: 5.8 Percentage Change: + 0.00% Day High: 5.85 Day Low: 5.75

Target met. If Cellular Goods experiences continued weakness below 5.75, ……..

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LSE:HSBA HSBC Close Mid-Price: 546.3 Percentage Change: -0.02% Day High: 552.3 Day Low: 543.3

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LSE:NG. National Glib Close Mid-Price: 1097 Percentage Change: -0.71% Day High: 1105.6 Day Low: 1087.8

Continued trades against NG. with a mid-price ABOVE 1105.6 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 252.6 Percentage Change: + 0.04% Day High: 258.1 Day Low: 246.3

Further movement against Natwest ABOVE 258.1 should improve acceleration ……..

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LSE:ODX Omega Diags. Close Mid-Price: 10.88 Percentage Change: + 14.47% Day High: 12.88 Day Low: 10.5

Target met. In the event of Omega Diags enjoying further trades beyond 12 ……..

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LSE:QFI Quadrise Close Mid-Price: 1.97 Percentage Change: -2.72% Day High: 2 Day Low: 1.94

Weakness on Quadrise below 1.94 will invariably lead to 1.9 initially wit ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 554.8 Percentage Change: + 0.51% Day High: 564.4 Day Low: 548.2

Further movement against Standard Chartered ABOVE 564.4 should improve ac ……..

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LSE:VOD Vodafone. Close Mid-Price: 133.58 Percentage Change: + 0.95% Day High: 134.26 Day Low: 130.04

Continued trades against VOD with a mid-price ABOVE 134.26 should improve ……..

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LSE:ZOL Zoldav Close Mid-Price: 17.5 Percentage Change: -10.26% Day High: 19.5 Day Low: 17.5

Target met. Continued weakness against ZOL taking the price below 17.5 ca ……..

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

#DAX #SP500

Our weekly dip into Europe revealed Commerzbank are starting to become very interesting! The second largest in Germany, claiming to be active in more than 50 countries along with providing around 1/3rd of Germany’s trade finance. Unusually, for a company which has been trading since 1870, a glance at their history proved pretty much as expected with the usual corruption allegations along with some record fines. In other words, a bank…

The company shares were rated amongst the most active in Germany on Wednesday, along with a consensus technical rating as a “strong buy”. As a result, we approached their share price movements already armed with scepticism as, they’re a bank and thus, not worthy of any trust! However, the share price certainly appears on the edge of doing something fairly useful, even though we suspect some patience shall be required.

 

Visually, the immediate situation appears mildly encouraging with the share price closing at a new high, since breaking above the Blue downtrend. Conventionally, this should justify some hope if it were not for the cluster of highs (circled) back in 2019. At this point, our inclination is to become a little pedantic as, the price closing at 8.09€, it matched this little circle, creating an expectation of a Glass Ceiling forming around this level. Thankfully though, we’d hope any hesitation shall be temporary as the share price currently only needs trade above 8.25€ to hopefully enter a recovery cycle to an initial 10.8€. If bettered, we can calculate a longer term secondary up at 13.5€.

We’re a very strong suspicion an issue awaits at the 13.5 level as this matches, repeatedly, the highest level the share price has achieved since financial markets self destructed back in 2009. Significant longer term price recovery demands the share actually close above this level. For now, it feels like the market is about to repeat a familiar pattern of price movements. For everything to go horribly wrong for Commerzbank, the share price needs fail below 6€.

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Thanks to the bunch of folk who discovered interesting adverts on this page. It buys the (very welcome) coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:00:30PM	BRENT	89.16									Shambles
10:11:59PM	GOLD	1806.35									‘cess
10:14:53PM	FTSE	7588.45									‘cess
10:16:35PM	FRANCE	7133.4									‘cess
10:42:24PM	GERMANY	15578	15523	15478	15393	15648	15733	15765	15845	15616
10:44:16PM	US500	4555.52	4540	4524	4500	4582	4596	4621	4645	4548
10:46:48PM	DOW	35647									‘cess
10:48:56PM	NASDAQ	14867
10:51:33PM	JAPAN	27455									Success

2/02/2022 FTSE Closed at 7583 points. Change of 0.64%. Total value traded through LSE was: £ 5,421,060,269 a change of -9.84%

1/02/2022 FTSE Closed at 7535 points. Change of 0.95%. Total value traded through LSE was: £ 6,012,900,236 a change of -1.21%

31/01/2022 FTSE Closed at 7464 points. Change of -0.03%. Total value traded through LSE was: £ 6,086,283,575 a change of -43.89%

28/01/2022 FTSE Closed at 7466 points. Change of -1.16%. Total value traded through LSE was: £ 10,846,360,111 a change of 33.05%

27/01/2022 FTSE Closed at 7554 points. Change of 1.14%. Total value traded through LSE was: £ 8,151,826,198 a change of 20.71%

26/01/2022 FTSE Closed at 7469 points. Change of 1.33%. Total value traded through LSE was: £ 6,753,491,510 a change of 0.93%

25/01/2022 FTSE Closed at 7371 points. Change of 1.01%. Total value traded through LSE was: £ 6,691,379,675 a change of -33.53%

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:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:HSBA HSBC** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:QFI Quadrise** **LSE:TRN The Trainline** **LSE:ZOL Zoldav** **

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Updated charts published on : ECO (Atlantic) O & G, EasyJet, HSBC, National Glib, Omega Diags, Quadrise, The Trainline, Zoldav,

LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 28.25 Percentage Change: + 1.80% Day High: 29.25 Day Low: 27.75

Target met. All ECO (Atlantic) O & G needs are mid-price trades ABOVE 29. ……..

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

LSE:EZJ EasyJet Close Mid-Price: 627.4 Percentage Change: -1.63% Day High: 654.2 Day Low: 627.2

Continued trades against EZJ with a mid-price ABOVE 654.2 should improve ……..

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View Previous EasyJet & Big Picture ***

LSE:HSBA HSBC. Close Mid-Price: 546.4 Percentage Change: + 0.53% Day High: 549.4 Day Low: 540.1

Continued trades against HSBA with a mid-price ABOVE 549.4 should improve ……..

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View Previous HSBC & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 1104.8 Percentage Change: + 1.12% Day High: 1103.2 Day Low: 1087.2

All National Glib needs are mid-price trades ABOVE 1103.2 to improve acce ……..

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View Previous National Glib & Big Picture ***

LSE:ODX Omega Diags. Close Mid-Price: 9.5 Percentage Change: + 22.58% Day High: 9.88 Day Low: 7.75

This looks very like the price is enacting a “panic” escape attempt, thank ……..

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View Previous Omega Diags & Big Picture ***

LSE:QFI Quadrise. Close Mid-Price: 2.02 Percentage Change: + 0.75% Day High: 2.02 Day Low: 1.98

If Quadrise experiences continued weakness below 1.98, it will invariably ……..

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LSE:TRN The Trainline Close Mid-Price: 229.4 Percentage Change: -1.71% Day High: 242.2 Day Low: 228.4

Target met. All The Trainline needs are mid-price trades ABOVE 242.2 to i ……..

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View Previous The Trainline & Big Picture ***

LSE:ZOL Zoldav Close Mid-Price: 19.5 Percentage Change: -7.14% Day High: 19.5 Day Low: 19.5

Weakness on Zoldav below 19.5 will invariably lead to 17 next. If broken, ……..

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