Author: T&T Staff

#FTSE #Nasdaq

By unspoken agreement, when my wife arrived home from an expedition to the mainland, I’m always “on duty”, able to help unload whatever garbage she’s bought from garden centres, home hardware stores, and of course, Tesco. But today, she drove up the driveway and despite me working with the garden strimmer, felt able to empty the card on her own. The reason was quite simple. We’ve a petrol strimmer and there’s a Big Rule with petrol driven garden machines. Once you’ve got the things started, under no circumstances dare you stop the engine unless you want a fight with the pull chord.In a fit of inspiration, came the realisation the stock market is nothing like a garden strimmer.

 

Due to the machines warped sense of humour, once started you must keep it going whereas with the stock market, there is no reason to always have a play in place. Often (like currently) quite the opposite applies and deciding to step away can often be the most important winning trade. Many traders will doubtless not talk about these incidents, substantial losses caused by a feeling they “had” to trade despite a small voice saying the opposite. In-house, we’ve currently got a hysterical pretend position with one of the Spread Bet organisations. For reasons which should be obvious, we maintain several demo accounts as it can prove quite surprising how different organisations present the futures markets. The numbers never vary that greatly but it can prove a mild shock, when ‘after hours’ market spikes occur as some providers exaggerate just a little.

Our in-house faux pas occurred toward the end of January, a spur of the moment decision to “buy” Nasdaq at 13,807, thanks to a spike down on one of the demo platforms. Of course, as it was a pretend trade, it was also completely forgotten about until this evening, when a glance at that particular Spread Bet platform revealed the trade was now 1,000 points down. Placing even a demo trade, out of boredom, was silly, especially one which had neither a Stop Loss order nor a Close Position & Profit order.

 

To escape the above epiphany and return to the real world, our glance at various European shares revealed Vivendi appear on the edge of some troubling behaviour. Since their parting of ways with Universal Music last year, the share price has described a pretty boring path, fluttering around the 10-12€ level. However, it appears to be knocking on the door of some dramatics at present, the share price needing below 11.05€ to trigger reversals to an initial 10.5.

It’s crucial to note, should 10.5 break, there’s a very real risk for ongoing reversal down to a bottom of 8.77€, hopefully a level the share price decides to bounce. From a Big Picture perspective, the share is already lurching around at bottom levels, resulting in a mild hope 10.5 may be deemed “bottom” and with any bounce capable of bettering 12.2€, travel to 13.5 calculates as possible.

Perhaps worth keeping an eye on.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:17:41PM	FTSE	7311	7300	7260	7185	7388	7461	7499	7513	7391	Shambles
10:20:10PM	BRENT	105.07
10:22:07PM	GOLD	1905.62
10:23:48PM	FRANCE	6369.2
10:26:48PM	GERMANY	13566.45									Success
10:31:02PM	US500	4149.77									Success
10:33:15PM	DOW	33235									‘cess
10:35:59PM	NASDAQ	12838.87	12792	12702	12473	12932	13225	13257	13411	13093	‘cess
10:38:28PM	JAPAN	25998									Success

 

26/04/2022 FTSE Closed at 7386 points. Change of 0.08%. Total value traded through LSE was: £ 7,501,270,625 a change of 7.74%

25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%

22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%

21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%

19/04/2022 FTSE Closed at 7601 points. Change of -100%. Total value traded through LSE was: £ 6,126,164,773 a change of 0%

14/04/2022 FTSE Closed at 7616 points. Change of 0%. Total value traded through LSE was: £ 6,624,976,338 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:CCL Carnival** **LSE:EZJ EasyJet** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SRP Serco** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Asos, Carnival, EasyJet, IQE, Ocado Plc, Rolls Royce, Serco, Taylor Wimpey,

LSE:ASC Asos Close Mid-Price: 1334 Percentage Change: -4.71% Day High: 1430 Day Low: 1331

In the event Asos experiences weakness below 1331 it calculates with a dr ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

LSE:CCL Carnival Close Mid-Price: 1284 Percentage Change: -2.13% Day High: 1357 Day Low: 1280.5

Perhaps above 1470 shall give hope, hinting at the potential of recovery t ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***

LSE:EZJ EasyJet Close Mid-Price: 553.2 Percentage Change: -2.67% Day High: 585 Day Low: 553.2

Easyjet feels like it is awaiting an excuse to head upward as movement now ……..

Subscribe for more

</p

View Previous EasyJet & Big Picture ***

LSE:IQE IQE Close Mid-Price: 30.5 Percentage Change: -3.94% Day High: 32.6 Day Low: 30.5

If IQE experiences continued weakness below 30.5, it will invariably lead ……..

Subscribe for more

</p

View Previous IQE & Big Picture ***

LSE:OCDO Ocado Plc Close Mid-Price: 950 Percentage Change: -8.30% Day High: 1048 Day Low: 950.6

Target met. Weakness on Ocado Plc below 950.6 will invariably lead to 941 ……..

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

LSE:RR. Rolls Royce Close Mid-Price: 84.11 Percentage Change: -3.13% Day High: 89.01 Day Low: 84.19

Continued weakness against RR. taking the price below 84.19 calculates as ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SRP Serco Close Mid-Price: 149.7 Percentage Change: -0.20% Day High: 153.9 Day Low: 149.1

In the event of Serco enjoying further trades beyond 153.9, the share sho ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:TW. Taylor Wimpey. Close Mid-Price: 128.75 Percentage Change: + 0.55% Day High: 133.4 Day Low: 129.05

Now below 128 looks troubling, calculating with the potential of weakness ……..

Subscribe for more

</p

View Previous Taylor Wimpey & Big Picture ***

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

#Gold #Dow

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

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

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

 

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

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

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

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

FUTURES

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

 

25/04/2022 FTSE Closed at 7380 points. Change of -1.87%. Total value traded through LSE was: £ 6,962,693,363 a change of 2.9%

22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%

21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%

19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%

14/04/2022 FTSE Closed at 7616 points. Change of -100%. Total value traded through LSE was: £ 6,624,976,338 a change of 0%

13/04/2022 FTSE Closed at 7580 points. Change of 0%. Total value traded through LSE was: £ 5,507,163,189 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:HL. Hargreaves Lansdown** **LSE:JET Just Eat** **LSE:OCDO Ocado Plc** **LSE:RR. Rolls Royce** **LSE:SNN Sanne Plc** **

********

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

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

Target met. Continued weakness against ASC taking the price below 1377 ca ……..

Subscribe for more

</p

View Previous Asos & Big Picture ***

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

In the event Carclo experiences weakness below 24 it calculates with a dr ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

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

If Cellular Goods experiences continued weakness below 2.25, it will inva ……..

Subscribe for more

</p

View Previous Cellular Goods & Big Picture ***

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

If Hargreaves Lansdown experiences continued weakness below 946.4, it wil ……..

Subscribe for more

</p

View Previous Hargreaves Lansdown & Big Picture ***

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

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

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

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

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

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

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

Rolls Royce share price is really misbehaving as below 87 now suggests rev ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

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

It’s still the base of below 899 suggesting reversal to an initial 848 wit ……..

Subscribe for more

</p

View Previous Sanne Plc & Big Picture ***

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

#Brent #Dax

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

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

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

 

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

FUTURES

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

 

22/04/2022 FTSE Closed at 7521 points. Change of -1.39%. Total value traded through LSE was: £ 6,766,539,663 a change of -21.54%

21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%

19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -100%. Total value traded through LSE was: £ 5,811,485,837 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:CAR Carclo** **LSE:IQE IQE** **LSE:OCDO Ocado Plc** **LSE:POG Petrop etc** **

********

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

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

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

Subscribe for more

</p

View Previous Avacta & Big Picture ***

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

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

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

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

This is looking a bit risky as weakness next below 25 suggests coming reve ……..

Subscribe for more

</p

View Previous Carclo & Big Picture ***

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

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

Subscribe for more

</p

View Previous IQE & Big Picture ***

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

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

Subscribe for more

</p

View Previous Ocado Plc & Big Picture ***

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

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

Subscribe for more

</p

View Previous Petrop etc & Big Picture ***

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

#FTSE #WallSt

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

 

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

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

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

 

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

Have a good weekend and enjoy the Italian GP.

 

FUTURES

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

 

21/04/2022 FTSE Closed at 7627 points. Change of -0.03%. Total value traded through LSE was: £ 8,624,086,669 a change of 11.51%

20/04/2022 FTSE Closed at 7629 points. Change of 0.37%. Total value traded through LSE was: £ 7,734,053,627 a change of 26.25%

19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -100%. Total value traded through LSE was: £ 5,811,485,837 a change of 0%

11/04/2022 FTSE Closed at 7618 points. Change of 0%. Total value traded through LSE was: £ 5,589,702,864 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:IAG British Airways** **LSE:IHG Intercontinental Hotels Group** **LSE:POG Petrop etc** **LSE:STAN Standard Chartered** **LSE:TRN The Trainline** **

********

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

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

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

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

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

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

Subscribe for more

</p

View Previous British Airways & Big Picture ***

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

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

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***

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

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

Subscribe for more

</p

View Previous Petrop etc & Big Picture ***

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

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

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***

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

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

Subscribe for more

</p

View Previous The Trainline & Big Picture ***

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

#Gold #Nasdaq

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

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

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

 

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

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

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

 

 

FUTURES

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

#Gold #SP500

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

 

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

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

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

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

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

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:05:05PM	BRENT	106.95									Success
10:12:04PM	GOLD	1950.42	1942	1939	1920	1960	1968	1974	1979	1956	Success
10:13:40PM	FTSE	7613.68
10:15:46PM	FRANCE	6576.8									‘cess
10:18:09PM	GERMANY	14197.58									‘cess
10:37:49PM	US500	4444.72	4430	4419	4402	4456	4472	4482	4500	4437	Success
10:40:09PM	DOW	34858.2									Success
10:42:25PM	NASDAQ	14084.97									Success
10:44:40PM	JAPAN	27221									‘cess

19/04/2022 FTSE Closed at 7601 points. Change of -0.2%. Total value traded through LSE was: £ 6,126,164,773 a change of -7.53%

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of -100%. Total value traded through LSE was: £ 5,560,387,967 a change of 0%

7/04/2022 FTSE Closed at 7551 points. Change of 0%. Total value traded through LSE was: £ 6,503,801,029 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:AVCT Avacta** **LSE:BP. BP PLC** **LSE:DARK Darktrace Plc** **LSE:EXPN Experian** **LSE:GLEN Glencore Xstra** **LSE:HL. Hargreaves Lansdown** **LSE:ITRK Intertek** **LSE:JET Just Eat** **LSE:TLW Tullow** **

********

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

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

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

Subscribe for more

</p

View Previous Asos & Big Picture ***

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

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

Subscribe for more

</p

View Previous Avacta & Big Picture ***

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

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

Subscribe for more

</p

View Previous BP PLC & Big Picture ***

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

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

Subscribe for more

</p

View Previous Darktrace Plc & Big Picture ***

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

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

Subscribe for more

</p

View Previous Experian & Big Picture ***

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

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

Subscribe for more

</p

View Previous Glencore Xstra & Big Picture ***

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

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

Subscribe for more

</p

View Previous Hargreaves Lansdown & Big Picture ***

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

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

Subscribe for more

</p

View Previous Intertek & Big Picture ***

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

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

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

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

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

Subscribe for more

</p

View Previous Tullow & Big Picture ***

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

#Brent #Dax

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

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

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

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

All Natwest need to is to start moving…

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:10:55PM	BRENT	111.84	109.7	108.41	106.56	112.25	112.77	114.16	119.78	109.73
10:12:42PM	GOLD	1979.34								1982
10:14:30PM	FTSE	7615.37								7600
10:16:09PM	FRANCE	6559								6560
10:17:44PM	GERMANY	14133.96	13964	13908	13823	14065	14159	14175	14246	14071
10:19:12PM	US500	4405.27								4394
10:21:05PM	DOW	34495								34467
10:22:23PM	NASDAQ	13969								13925
10:23:55PM	JAPAN	26919								26882

14/04/2022 FTSE Closed at 7616 points. Change of 0.47%. Total value traded through LSE was: £ 6,624,976,338 a change of 20.3%

13/04/2022 FTSE Closed at 7580 points. Change of 0.05%. Total value traded through LSE was: £ 5,507,163,189 a change of -5.24%

12/04/2022 FTSE Closed at 7576 points. Change of -0.55%. Total value traded through LSE was: £ 5,811,485,837 a change of 3.97%

11/04/2022 FTSE Closed at 7618 points. Change of -0.67%. Total value traded through LSE was: £ 5,589,702,864 a change of 0.53%

8/04/2022 FTSE Closed at 7669 points. Change of 1.56%. Total value traded through LSE was: £ 5,560,387,967 a change of -14.51%

7/04/2022 FTSE Closed at 7551 points. Change of -0.47%. Total value traded through LSE was: £ 6,503,801,029 a change of -11.79%

6/04/2022 FTSE Closed at 7587 points. Change of -0.34%. Total value traded through LSE was: £ 7,373,306,998 a change of -8.37%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:CEY Centamin** **LSE:DARK Darktrace Plc** **LSE:JET Just Eat** **LSE:PMG Parkmead** **LSE:STAN Standard Chartered** **

********

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

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

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

Subscribe for more

</p

View Previous Asos & Big Picture ***

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

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

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

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

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

Subscribe for more

</p

View Previous Centamin & Big Picture ***

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

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

Subscribe for more

</p

View Previous Darktrace Plc & Big Picture ***

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

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

Subscribe for more

</p

View Previous Just Eat & Big Picture ***

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

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

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

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

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

Subscribe for more

</p

View Previous Standard Chartered & Big Picture ***

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