A Ferrari & Our FTSE for FRIDAY NYSE:RACE & FTSE:UKX

#FreeFutures This year, Formula 1 has proven quite vibrant, less processional than recent years, and even Ferrari are looking more interesting. Obviously, the marque doesn’t have a chance of winning any titles but it’s nice to see the red cars ‘up there’. Despite a suspicion the current leader for the drivers title, Red Bull, shall be discovered to be secretly interpreting rules to suit themselves, Ferrari remain trailing at just 4th place in the constructors standings.

However, the car manufacturer appear to be suffering a share price which is doing very nicely! Perhaps this confirms the theory of Ferrari making their best road cars, when their racing team is doing poorly. The company last won a world championship in 2007 but their shares, traded in New York, continue to go from strength to strength.

The immediate situation is quite positive, suggesting movement next above $238 should make an attempt at an initial confident $245. If exceeded, we can calculate the potential of a longer term visit to $257. For everything to go into reverse, the share price needs slip below $204 as this permits reversal an initial $191 with secondary, if broken, at $175 and an almost certain bounce.

Hey, chart goes here

FTSE for FRIDAY It has been a pretty painful week, the UK market  enjoying a range of just 60 ish points over 4 days. As we enter the Halloween weekend, should we suspect a major fright is awaiting to panic traders? There is a detail worthy of consideration. Our report last Friday provided a target of 7275 points. On both Tuesday and Wednesday of this week, the index achieved 7280 points, marginally above our target level and giving a reasonable reserve of hope for what’s coming next.

Above 7281 points now suggests coming strength to an initial 7354 points. If bettered, our secondary calculates at 7425 points. An interesting (from our perspective) detail relates to the recent period of relative hiatus, while on an upward cycle. Quite often, things change pretty fast with sharp upward movements over a period of days. While it’s the case the FTSE needs trouble the 7500 point, just to challenge the market level, pre-pandemic, arguments are accumulating supporting such a potential.

 

If everything intends go a little bit wrong, the FTSE needs below 7210 points to risk triggering reversal to an initial 7156 points. If broken, we can work out the risk of a secondary at 7082 points, hopefully with a solid bounce.

Hey, chart goes here

As always, many thanks to those who find worthwhile adverts to visit 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
9:46:54PM BRENT 83.98 81.6 81.045 82.72 84 84.585 83.24 ‘cess
9:48:28PM GOLD 1799.39 1792 1787 1804 1811 1816.5 1792 Success
9:50:26PM FTSE 7246 7217 7200 7256 7261 7274 7229 ‘cess
9:53:00PM FRANCE 6801.5 6764 6752.5 6804 6805 6829 6764 Success
9:54:45PM GERMANY 15664.46 15626 15614 15696 15715 15745 15644 ‘cess
9:56:45PM US500 4587.42 4569 4561 4591 4593 4600 4577 Success
9:58:17PM DOW 35776.7 35502 35418 35607 35796 35833.5 35597 ‘cess
10:00:34PM NASDAQ 15680 15636 15576.5 15722 15738 15765.5 15698 ‘cess
10:02:44PM JAPAN 28871 28672 28624 28862 28915 28998 28790

 

28/10/2021 FTSE Closed at 7249 points. Change of -0.06%. Total value traded through LSE was: £ 4,684,429,352 a change of -6.92%
27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%
26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%
25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%

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:CAR Carclo** **LSE:EXPN Experian** **LSE:IHG Intercontinental Hotels Group** **LSE:LLOY Lloyds Grp.** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **LSE:VOD Vodafone** **

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Updated charts published on : Carclo, Experian, Intercontinental Hotels Group, Lloyds Grp., Quadrise, Rockhopper, Rolls Royce, Sainsbury, Tullow, Vodafone,

LSE:CAR Carclo. Close Mid-Price: 43.7 Percentage Change: + 3.55% Day High: 45.1 Day Low: 43.1

Target met. Further movement against Carclo ABOVE 45.1 should improve acc ……..

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LSE:EXPN Experian. Close Mid-Price: 3320 Percentage Change: + 0.12% Day High: 3319 Day Low: 3289

Above 3337 should enter a cycle to an initial 3420 with secondary, if bett ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5088 Percentage Change: + 1.23% Day High: 5100 Day Low: 4990

This is poised on the edge of some action. Above just 5115 now calculates ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.58 Percentage Change: + 1.27% Day High: 50.33 Day Low: 49.15

All Lloyds Grp. needs are mid-price trades ABOVE 50.33 to improve acceler ……..

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LSE:QFI Quadrise Close Mid-Price: 3.55 Percentage Change: -2.34% Day High: 3.4 Day Low: 3.29

Weakness on Quadrise below 3.29 will invariably lead to 2.8 and hopefully ……..

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LSE:RKH Rockhopper Close Mid-Price: 5.7 Percentage Change: -6.56% Day High: 6.08 Day Low: 5.99

Continued weakness against RKH taking the price below 4.5 now allows for ……..

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LSE:RR. Rolls Royce Close Mid-Price: 132.02 Percentage Change: -1.42% Day High: 136.26 Day Low: 131.16

In the event Rolls Royce experiences weakness below 131.16 it calculates ……..

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LSE:SBRY Sainsbury Close Mid-Price: 299.6 Percentage Change: -2.25% Day High: 307.8 Day Low: 297.3

Further movement against Sainsbury ABOVE 307.8 should improve acceleratio ……..

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LSE:TLW Tullow Close Mid-Price: 45.77 Percentage Change: -4.67% Day High: 47.8 Day Low: 45.46

Target met. Continued weakness against TLW taking the price below 45.46 c ……..

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LSE:VOD Vodafone Close Mid-Price: 108.98 Percentage Change: -2.71% Day High: 111.78 Day Low: 109.1

Continued weakness against VOD taking the price below 109.1 calculates as ……..

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

MCG Pharmaceuticals LON:MXC Ready to bounce?

#BrentFutures #WallSt There’s a golden rule about downtrends. Always draw the line through the high of the day. Equally, with uptrends, draw the line through the low of the day. All perfectly simple and unfortunately, sometimes utterly wrong. MGC currently exhibit a fascinating downtrend, one which makes very little sense as it fails to conform to ‘the rules’.

Since September, the share price has been declining in a steady, painful, manner with each day inflicting yet another little cut in the price. It can be difficult to believe this behaviour is due to conventional trading logic, especially as a glance at the price trend reveals something unusual. Reversals conform to a Closing Price trend, ignoring the highs and lows of the day. On the sessions of 15th and 18th October (circled), this behaviour was painfully obvious as the chart inset below shows. The share price, quite literally, run exactly at the level of the trend for those two sessions and out of curiosity, we backtracked the trend line to discover it commenced on February 18th, not at the high of the day (9.275p) but instead, at the day closing price of 7.43p.

Hey, chart goes here

From our perspective, this both warns us to dampen expectations for the future but also, gives a pretty solid clue as to the point when the share price can be regarded as starting recovery. Should the market permit the share to actually close a session above this Blue line, some real hope becomes possible as the market indicates the downtrend is no longer valid. Hopefully!

For now, it appears weakness below 2.55 should head toward 2.3p next, ideally this proving to be a point capable of justifying a bounce. Our secondary, should the share manage to close below 2.3p is pretty concerning, an ultimate bottom of 1.3p.

Should the cannabis focussed company intend display some strength, above 2.95p should prove significant, calculating with the potential of recovery to an initial 4.1p. If exceeded, our longer term secondary works out at a less comfortable 5p

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:49:51PM BRENT 83.44 83.36 82.825 81.81 84.26 85.16 85.75 86.55 84.15 Success
9:51:53PM GOLD 1796.71
9:53:26PM FTSE 7259.95
9:55:58PM FRANCE 6734.5 Shambles
9:57:45PM GERMANY 15683.3
10:00:08PM US500 4555.87 ‘cess
10:02:27PM DOW 35537.2 35495 35401 35235 35605 35705 35744 35827 35610 Success
10:04:22PM NASDAQ 15609.69
10:06:40PM JAPAN 28683 Success

Again, our thanks to the kind folk who find advertising on this page worth a visit. We seriously appreciate our daily coffee!

.

27/10/2021 FTSE Closed at 7253 points. Change of -0.33%. Total value traded through LSE was: £ 5,032,708,114 a change of -16.48%
26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%
25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:CPI Capita** **LSE:FGP Firstgroup** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:NWG Natwest** **LSE:PPC President Energy** **LSE:SBRY Sainsbury** **LSE:TLW Tullow** **

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Updated charts published on : Block Energy PLC, Carclo, Capita, Firstgroup, HSBC, International Personal Finance, Natwest, President Energy, Sainsbury, Tullow,

LSE:BLOE Block Energy PLC Close Mid-Price: 1.55 Percentage Change: -1.59% Day High: 1.55 Day Low: 1.43

If Block Energy PLC experiences continued weakness below 1.43, it will in ……..

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LSE:CAR Carclo. Close Mid-Price: 42.2 Percentage Change: + 2.06% Day High: 43.9 Day Low: 41.5

In the event of Carclo enjoying further trades beyond 43.9, the share sho ……..

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LSE:CPI Capita. Close Mid-Price: 48.4 Percentage Change: + 1.06% Day High: 48.69 Day Low: 47.52

Now above 54p allows movement to 60 initially. If bettered, our secondary ……..

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LSE:FGP Firstgroup. Close Mid-Price: 100.5 Percentage Change: + 4.52% Day High: 102.7 Day Low: 99

Target met. All Firstgroup needs are mid-price trades ABOVE 102.7 to impr ……..

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LSE:HSBA HSBC Close Mid-Price: 444.7 Percentage Change: -0.55% Day High: 448.15 Day Low: 442.5

Exceeding 449 now looks capable of an initial 467 with secondary, if bette ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 134 Percentage Change: + 2.13% Day High: 135.2 Day Low: 128.4

Below 126 now looks troublesome, suggesting weakness to an initial 115 wit ……..

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LSE:NWG Natwest Close Mid-Price: 233 Percentage Change: -0.55% Day High: 235 Day Low: 232.4

All Natwest needs are mid-price trades ABOVE 235 to improve acceleration ……..

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LSE:PPC President Energy. Close Mid-Price: 1.95 Percentage Change: + 0.00% Day High: 1.95 Day Low: 1.95

Now mildly interesting as ^above 1.95 now suggests recovery to an initial ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 306.5 Percentage Change: + 1.69% Day High: 306.6 Day Low: 300.6

Continued trades against SBRY with a mid-price ABOVE 306.6 should improve ……..

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LSE:TLW Tullow Close Mid-Price: 48.01 Percentage Change: -0.39% Day High: 48.53 Day Low: 46.73

If Tullow experiences continued weakness below 46.73, it will invariably ……..

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

Airbus Group EU:AIR & a bumpy landing?

#FTSE #Nasdaq As one of a generation who grew up, eagerly hoping for an Airfix model kit at Xmas, there were a few areas where close attention needed paid. The glue which came with the kits especially needed time to dry, there being few things more irritating than a plane leaning drunkenly on a sagging set of wheels. The ultimate crime usually surfaced with the wings and flaps, especially as a bad joint was almost impossible to fix invisibly.

 

During one of the documentaries, showing how great the Airbus A380 was to be, it was boasted about the amazing weight savings achieved by gluing the wings on to the body of the monstrosity. Personally, this provoked a ‘Wait, What?’ moment. You glue wings onto children’s toy aircraft but in commercial aviation, surely only nuts and bolts could be safe. Preferably really big nuts and bolts, along with screws and other conventional methods of attaching important bits to an airframe.

While adulthood brings an understanding of how glue is best used, childhood memories of building an Airfix Boeing 747 and fighting to ensure the tail flaps remained intact, thanks to the glue drying too fast remained. A personal ‘memo to self’, never fly an Airbus A380 was sent. In fact, any aircraft made by Airbus tend be avoided, thanks to a (justifiable) fear of flying. Last time I was in one of their products, a landing at Bristol proved quite memorable due to the thing skidding on the runway.

In other words, approaching Airbus share price, a degree of personal bias exists and it’s not in a favourable way.

 

The immediate situation looks a little dangerous, the share price risking coming unglued should it now manage below 107€. Currently trading around 110€, the price doesn’t need work hard to hit the trigger level as movement below 107 calculates with the potential of reversal to an initial 97€. If broken, our secondary works out at 85€ and hopefully a proper bounce. There is a danger, below the 85 Euro level of an ultimate bottom calculating down at 70€, this being a level we cannot calculate below without starting to employ minus signs!

Thankfully, the price doesn’t need much work to climb above this level of misery. In the event the share now manages to close a session above 118.5€, some miracles appear possible as growth to an initial 145 becomes possible. If exceeded, our secondary calculates at 159€ and a new all time high for the plane-makers price.

Unfortunately, for now we suspect patience shall be required. It feels like reversal to 85 should be expected.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:13:50PM BRENT 85.49
10:22:10PM GOLD 1793.06
10:24:12PM FTSE 7274.38 7227 7210 7186 7250 7282 7299 7317 7260 ‘cess
10:26:14PM FRANCE 6757 Success
10:35:24PM GERMANY 15727 Success
10:38:38PM US500 4572.87 Success
10:40:58PM DOW 35784.4 ‘cess
10:42:52PM NASDAQ 15544 15515 15500.5 15429 15607 15715 15766.5 15965 15513 Success
10:45:22PM JAPAN 28951 28880 28776.5 28621 29040 29243 29343.5 29484 28990 Success

 

26/10/2021 FTSE Closed at 7277 points. Change of 0.76%. Total value traded through LSE was: £ 6,025,954,185 a change of 32.49%
25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%

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:AFC AFC Energy** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **LSE:TLW Tullow** **

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Updated charts published on : AFC Energy, British Telecom, Carclo, Carnival, MAN, Firstgroup, Fresnillo, ITM Power, Quadrise, Tullow,

LSE:AFC AFC Energy. Close Mid-Price: 60 Percentage Change: + 10.29% Day High: 61.4 Day Low: 54.1

Further movement against AFC Energy ABOVE 63.5 to prove significant, now ……..

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LSE:BT.A British Telecom. Close Mid-Price: 143.25 Percentage Change: + 5.95% Day High: 144.6 Day Low: 134.85

Weakness on British Telecom below 134.85 will invariably lead to 134 with ……..

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LSE:CAR Carclo. Close Mid-Price: 41.35 Percentage Change: + 12.06% Day High: 42.9 Day Low: 36.4

Target met. All Carclo needs are mid-price trades ABOVE 42.9 to improve a ……..

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LSE:CCL Carnival. Close Mid-Price: 1483.8 Percentage Change: + 1.78% Day High: 1500.2 Day Low: 1449.8

This continues to flounder around uncertainly, currently looking like an a ……..

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LSE:EMG MAN. Close Mid-Price: 242.5 Percentage Change: + 2.71% Day High: 242.3 Day Low: 236.6

Target met. Continued trades against EMG with a mid-price ABOVE 242.3 sho ……..

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LSE:FGP Firstgroup. Close Mid-Price: 96.15 Percentage Change: + 2.94% Day High: 96.35 Day Low: 92.05

Target met. In the event of Firstgroup enjoying further trades beyond 96. ……..

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LSE:FRES Fresnillo Close Mid-Price: 886 Percentage Change: -4.01% Day High: 927 Day Low: 883.6

In the event of Fresnillo enjoying further trades beyond 927, the share s ……..

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LSE:ITM ITM Power. Close Mid-Price: 483.8 Percentage Change: + 5.86% Day High: 487.2 Day Low: 459

All ITM Power needs are mid-price trades ABOVE 487.2 to improve accelerat ……..

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LSE:QFI Quadrise Close Mid-Price: 3.58 Percentage Change: -0.97% Day High: 3.5 Day Low: 3.45

If Quadrise experiences continued weakness below 3.45, it will invariably ……..

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LSE:TLW Tullow Close Mid-Price: 48.2 Percentage Change: -2.69% Day High: 50.46 Day Low: 48.17

Weakness on Tullow below 48.17 will invariably lead to 45 with secondary ……..

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

France, the interesting CAC40 Index EU:PX1

France, the CAC40 Index. (EU:PX1)

It took a low flying Chinook helicopter to initiate a classic ‘just stop & think’ moment. Determined to ensure grand-daughters enjoy their next visit, time spent on Youtube discovering how to make bottle rockets from 2ltr coke bottles had revealed something more interesting. The girls already enjoy target shooting and what could be better than aiming a crossbow at a plastic bottle target, a hit making a successful ‘kaboom’ and the bottle vanishes in a mist of water.

Apparently, inflating a 2ltr bottle, half filled with water, to a pressure of 30 pounds per square inch (psi), would give the desired result. Obviously, it was important to build a practice rig and as the massive Chinook flew overhead, I was nervously watching a Pepsi bottle making ominous creaks and groans while the compressor bravely pumped away. As it achieved 10 psi, wondering why we’ve been buzzed by military hardware on several occasions recently, a little alarm bell rung. The nearby city of Glasgow is about to host a major Climate Conference, world leaders are attending, the military will be keeping a weather eye on everything. And meanwhile, I was about to conduct a very loud experiment designed to impress a 10 year old firing a crossbow.  Needless to say, as the Climate Conference kicks off this weekend, the girls will attending a local softplay, walking the dog, and generally trying to avoid anything which sounds like an serious explosion. The collection of empty plastic bottles were placed in the green recycling bin, just as Boris Johnston announced this was also a waste of time…

 

The above, obviously, has nothing to do with France, other than the fact their countries leadership shall be in Glasgow for this Climate jamboree. Oh, and the rather important detail the CAC40 is looking fairly positive at the moment. The index finally exceeded the pre-pandemic level back in April (the FTSE still isn’t close) and has performed pretty strongly since. Despite some recent questionable behaviour, we suspect France intends continue growth. Already, the index has challenged its previous all time high of 6928 points back in 2001, achieving 6914 points this August. Perhaps this imaginary “Double Top” shall be blamed for causing hesitation but with a 20 year hiatus between the highs, we have doubts. According to our software, the CAC40 needs reverse below 6230 before any dip must be taken seriously.

Instead, the index only requires above 6800 points to suggest Big Picture influences shall exert themselves, calculating with a cycle to an initial 7350 points. If bettered, our longer term secondary works out at 7591 points and we emphatically would expect hesitation at such a level.

 

To visit the dark side, the index needs below 6230 points. Movement such as this works out with a reversal potential to an initial 5973 with secondary, if broken, at 5654 points. Perhaps more painfully, reversal such as this risks fouling up all Big Picture calculations, forcing us back to the drawing board.

Hey, chart goes here

Thanks to the kind folk who “buy us a coffee” when they discover an advert worth visiting 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
10:13:26PM BRENT 85.26 ‘cess
10:15:04PM GOLD 1808 1791 1789 1782 1800 1810 1813.5 1818 1796
10:17:17PM FTSE 7236.78 Shambles
10:19:44PM FRANCE 6715.5 ‘cess
10:22:45PM GERMANY 15645.61
10:26:28PM US500 4573.27 4538 4530 4515 4560 4575 4584 4597 4555 ‘cess
10:29:28PM DOW 35761.4
10:32:24PM NASDAQ 15548.22 Success
10:37:58PM JAPAN 28799

 

25/10/2021 FTSE Closed at 7222 points. Change of 0.25%. Total value traded through LSE was: £ 4,548,373,792 a change of -2.6%
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%

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:BARC Barclays** **LSE:BT.A British Telecom** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **

********

Updated charts published on : Barclays, British Telecom, MAN, Fresnillo, Marks and Spencer, Rolls Royce, Sainsbury, Scancell,

LSE:BARC Barclays. Close Mid-Price: 200.6 Percentage Change: + 0.87% Day High: 203.85 Day Low: 199.44

All Barclays needs are mid-price trades ABOVE 203.85 to improve accelerat ……..

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LSE:BT.A British Telecom Close Mid-Price: 135.2 Percentage Change: -1.10% Day High: 137.4 Day Low: 135.15

In the event British Telecom experiences weakness below 135.15 it calcula ……..

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LSE:EMG MAN Close Mid-Price: 236.1 Percentage Change: -0.08% Day High: 239.1 Day Low: 235.2

Target met. Further movement against MAN ABOVE 239.1 should improve accel ……..

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LSE:FRES Fresnillo. Close Mid-Price: 923 Percentage Change: + 0.70% Day High: 924.2 Day Low: 900.8

Target met. Continued trades against FRES with a mid-price ABOVE 924.2 sh ……..

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View Previous Fresnillo & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 182.15 Percentage Change: + 2.36% Day High: 184.65 Day Low: 177.5

This is a bit of a mess, trading marginally above the pre-pandemic drop le ……..

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LSE:RR. Rolls Royce Close Mid-Price: 132.54 Percentage Change: -1.89% Day High: 136.14 Day Low: 131.24

If Rolls Royce experiences continued weakness below 131.24, it will invar ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 295.9 Percentage Change: + 0.78% Day High: 301 Day Low: 293.6

In the event of Sainsbury enjoying further trades beyond 301, the share s ……..

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LSE:SCLP Scancell. Close Mid-Price: 21.5 Percentage Change: + 0.00% Day High: 21.75 Day Low: 21.5

This continues to flatline but the visuals suggest the share is approachin ……..

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

Barclays Plc & a Brent Crude comment

#Brent_Crude #Dax Fuel prices in the UK continue to explore new highs, a fact brought sharply home when filling a couple of cans of diesel for our little tractor. The thing has a spiteful fuel tank, pretending to run out of fuel when below 5 ltrs. This only happens when cutting the lawn from left to right, otherwise it’s fine heading up and down. The lawn, you see, slopes and few things are more irritating than spluttering to a halt with a fuel gauge reading 1/4 full. Maybe this winter will be the one when I remember to reposition the fuel valve…

The price to fill the two diesel cans was nearly 15 quid. When I last filled the cans earlier this year, I remember handing over a 10 pound note and a single 1 pound coin! It’s annoying to report I probably bought fuel for the tractor (grudgingly, surely the last cut of the year) at the lowest and highest prices of 2021. This suspicion is due to the price of Brent Crude. We keep calculating the $86 level as a potential point of hesitation on the current rising cycle. Visually, this is also borne out by the high back in 2018 as there are few things the market likes more than invent a reason for hesitation in price movements. As the chart below highlights, Brent Crude now has every excuse to experience some hesitation, regardless of Big Picture growth characteristics. In the event the product discovers a reason to drip below $77, all bets are off for the longer term.

Hey, chart goes here

Barclays Plc (LSE:BARC) As for Barclays, when we reviewed the share 3 weeks ago, we gave criteria for a climb to 198.7p. The share closed Friday at 198.86p, so this ambition can be successfully crossed off. The important detail, from a software perspective, is our initial target was exceeded, creating a set of circumstances where some optimism for the future is possible. Now above 202p looks important, calculating with an initial target level at 216p next. If exceeded, our longer term secondary works out at 222p.

Despite it being true the “Big Picture” now demands we admit a longer term 240p should be regarded as the driving hope, our inclination is for caution, simply due to the retail banks dreadful performance in the last 7 years. Our real problem surfaces, if we concede the share is entering a true recovery cycle, thanks to the Big Picture also giving a target above 240p as an astounding leap to 407p.

If Barclays opts to explore reasons to destroy hope, the share price needs move below 161p. Ideally, the share should now only need infinite patience, world peace, universal health, and competent UK governments. Perhaps ‘infinite patience’ shall be a realistic hope.

Hey, chart goes here

Our thanks to the nice people who effectively “buy us a coffee” by discovering adverts on this page worthy of a visit.

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:19:53PM BRENT 85 83.3 83 82.24 84.5 85.28 85.61 86.38 83.4 ‘cess
9:22:11PM GOLD 1793.32 Success
9:23:59PM FTSE 7215.41 Success
9:26:19PM FRANCE 6748 Success
9:29:19PM GERMANY 15548 15488 15484 15440 15544 15618 15648 15688 15550 ‘cess
9:32:20PM US500 4545.22 ‘cess
9:35:34PM DOW 35675 Success
9:38:19PM NASDAQ 15356 Success
9:43:28PM JAPAN 28686 ‘cess
22/10/2021 FTSE Closed at 7204 points. Change of 0.19%. Total value traded through LSE was: £ 4,669,794,204 a change of -12.27%
21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:IGAS Igas Energy** **LSE:POG Petrop etc** **LSE:TLW Tullow** **LSE:ZOL Zoldav** **

********

Updated charts published on : Asos, Barclays, BALFOUR BEATTY, Diageo, MAN, Fresnillo, Igas Energy, Petrop etc, Tullow, Zoldav,

LSE:ASC Asos. Close Mid-Price: 2773 Percentage Change: + 2.14% Day High: 2782 Day Low: 2699

Target met. Further movement against Asos ABOVE 2782 should improve accel ……..

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LSE:BARC Barclays. Close Mid-Price: 198.86 Percentage Change: + 1.00% Day High: 201.1 Day Low: 196.66

Further movement against Barclays ABOVE 201.1 should improve acceleration ……..

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LSE:BBY BALFOUR BEATTY Close Mid-Price: 257.2 Percentage Change: -0.16% Day High: 258.8 Day Low: 256.6

In the event BALFOUR BEATTY experiences weakness below 256.6 it calculate ……..

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LSE:DGE Diageo. Close Mid-Price: 3639.5 Percentage Change: + 0.92% Day High: 3660.5 Day Low: 3603.5

Continued trades against DGE with a mid-price ABOVE 3666 should improve t ……..

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LSE:EMG MAN. Close Mid-Price: 236.3 Percentage Change: + 1.37% Day High: 236.3 Day Low: 232.9

Target met. All MAN needs are mid-price trades ABOVE 236.3 to improve acc ……..

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LSE:FRES Fresnillo. Close Mid-Price: 916.6 Percentage Change: + 1.98% Day High: 920 Day Low: 897.6

Target met. Further movement against Fresnillo ABOVE 920 should improve a ……..

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LSE:IGAS Igas Energy Close Mid-Price: 15.35 Percentage Change: -6.97% Day High: 16 Day Low: 15.35

This is dangerously confusing as weakness below 15 suggests the potential ……..

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LSE:POG Petrop etc. Close Mid-Price: 25.1 Percentage Change: + 3.04% Day High: 25.28 Day Low: 24.4

Further movement against Petrop etc ABOVE 25.28 should improve accelerati ……..

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LSE:TLW Tullow Close Mid-Price: 48.84 Percentage Change: -3.06% Day High: 50.7 Day Low: 48.25

In the event Tullow experiences weakness below 48.25 it calculates with a ……..

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LSE:ZOL Zoldav. Close Mid-Price: 30 Percentage Change: + 15.38% Day High: 30.5 Day Low: 26.5

Target met. In the event of Zoldav enjoying further trades beyond 30.5, t ……..

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

Our world famous FTSE for FRIDAY

#FTSE #GOLD A probably unhealthy addiction to Google statistics continues, primarily driven by the fact the 2nd greatest number of visitors to our website in the last week apparently came from China. Each visitor remained for less than a second! Whereas folk from the UK average 47 minutes on site, Singapore 31 minutes, and even the Maldives taking 12 minutes on average browsing, per visitor. Thankfully, the nice folk from Reunion Island remain on our list of international visitors.

The China puzzle is a real head scratcher as Google doesn’t count ‘bots’. Perhaps our negative mention of China Evergrande a few weeks merited attention but we note trading in the company shares has now been suspended, probably one of the least surprising market movements recently. Obviously, there is a risk of this impacting the markets again.

Hey, chart goes here

 

This week on the FTSE could be fairly described as boring, the market comprehensively failing to show direction with a trading range of around 50 points. It almost feels like the market has been in shock at achieving a new high since the pandemic plunge of March last year. We’d hoped the “surge” to 7244 a week ago would be significant, inspiring confidence in the marketplace. But unfortunately, the last 4 sessions were utterly lame and lacking in any commitment.

If we opt to fear the worst, the FTSE needs fall below 7156 points to justify some slight near term concern. We can calculate the potential of this triggering reversals to an initial 7116 points with secondary, if broken, at a painful looking 7048 points. If triggered, the tightest stop loss level looks like a tempting 7186 points, almost too tight to be trusted given the reversal potentials.

More likely, we suspect movements above 7216 points should prove interesting, calculating with a fairly useless potential of 7232 points. If bettered, our secondary is a more alluring 7275 points and yet another high for the period since last years pandemic drop.

Have a good weekend. Here in Scotland, we’ve had the first snow of winter, along with the first frosts!

Hey, chart goes here

Again, a massive thank-you to those who find adverts on the page of sufficient interest to visit. We appreciate the top-up to the coffee fund!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:11:30PM BRENT 84.25 82.8 82.095 83.65 84.82 85 84.06 Success
10:13:13PM GOLD 1783.24 1774 1770 1786 1789 1798 1778
10:15:24PM FTSE 7200.16 7179 7158 7211 7212 7220 7184 ‘cess
10:17:27PM FRANCE 6715.5 6655 6647 6689 6715 6738 6675
10:19:50PM GERMANY 15482 15455 15443 15490 15533 15563 15480 Success
10:22:13PM US500 4540 4521 4515 4531 4552 4558 4537 ‘cess
10:23:54PM DOW 35614 35442 35377.5 35575 35657 35682 35460
10:25:52PM NASDAQ 15400 15380 15364 15463 15499 15530 15409 Shambles
10:28:34PM JAPAN 28521 28403 28341 28696 28844 28943.5 28619 Success

 

21/10/2021 FTSE Closed at 7190 points. Change of -0.46%. Total value traded through LSE was: £ 5,323,076,986 a change of 2.72%
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%

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:BLOE Block Energy PLC** **LSE:CAR Carclo** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:ITM ITM Power** **LSE:QFI Quadrise** **LSE:TLW Tullow** **

********

Updated charts published on : Asos, Block Energy PLC, Carclo, Centamin, EasyJet, ITM Power, Quadrise, Tullow,

LSE:ASC Asos. Close Mid-Price: 2715 Percentage Change: + 2.03% Day High: 2741 Day Low: 2620

In the event of Asos enjoying further trades beyond 2741, the share shoul ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 1.57 Percentage Change: -1.56% Day High: 1.6 Day Low: 1.52

Continued weakness against BLOE taking the price below 1.52 calculates as ……..

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View Previous Block Energy PLC & Big Picture ***

LSE:CAR Carclo. Close Mid-Price: 38 Percentage Change: + 5.56% Day High: 40.1 Day Low: 36.5

Continued trades against CAR with a mid-price ABOVE 40.1 should improve t ……..

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LSE:CEY Centamin Close Mid-Price: 96.68 Percentage Change: -2.17% Day High: 98.28 Day Low: 96.56

Above 105 should give hope, along with movement to an initial 114p. If exc ……..

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LSE:EZJ EasyJet. Close Mid-Price: 599.8 Percentage Change: + 1.45% Day High: 606.2 Day Low: 576

If EasyJet experiences continued weakness below 576, it will invariably l ……..

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LSE:ITM ITM Power. Close Mid-Price: 479.8 Percentage Change: + 8.40% Day High: 481.8 Day Low: 437.8

In the event of ITM Power enjoying further trades beyond 481.8, the share ……..

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View Previous ITM Power & Big Picture ***

LSE:QFI Quadrise Close Mid-Price: 3.56 Percentage Change: -1.25% Day High: 3.5 Day Low: 3.5

This doesn’t feel very happy as weakness below 3.5 points to reversal to a ……..

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View Previous Quadrise & Big Picture ***

LSE:TLW Tullow Close Mid-Price: 50.38 Percentage Change: -3.85% Day High: 52.12 Day Low: 49.91

Continuing to let folk down, Tullow now need only better 56p to suggest a ……..

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View Previous Tullow & Big Picture ***

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

Can ITM Power inflate again?

#Gold #Nasdaq

Our previous report on ITM in November 2019 has proven quite extraordinary. We’d the courage to show some future targets on the illustrative charts but opted to “bottle it” in the text. To be honest, the only thing which permitted movement from 80p to 248p was a calculation, rather than any specific chart logic. Not only did the price reach 248p, it was gapped above this level in 2020 and somehow made its way to 724p eventually!

 

We had been impressed at the company technological Hydrogen Cell base and it certainly appears the market was equally fascinated. However, on the chart below, we’ve circled something which bothers us a little. Since March 2020, there has been a pretty solidly defined uptrend and earlier this month, the share price briefly spiked below the uptrend. As we’ve mentioned previously, this sort of one session event can often be taken as a warning signal, the market essentially broadcasting the uptrend cannot be trusted.

If this is indeed the case, weakness next below 356p risks promoting trouble, allowing reversal to an initial 231p with secondary, if broken, calculating at a bottom of 155p. Visually, there are plenty of arguments favouring a bounce at the 231p level.

 

Perhaps we’re being too negative, reading too much into whatever happened on October 6th!

 

Presently trading around 442p, the share price now needs exceed 479p as this, allegedly, should trigger price recovery to 580p. If playing safe, waiting until the share price closes above Blue (currently 504p), should make some sense. Our longer term secondary, should 580p be exceeded, works out at 676p. The chart visuals suggest some hesitation at such a level.

Hey, chart goes here

Yet again, serious thanks to the folk who find adverts on this page so interesting. Google certainly seem to do their job, publishing decent content to ensure we’re kept in coffee!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:42:46PM BRENT 85.39 ‘cess
9:44:52PM GOLD 1781.78 1769 1767 1760 1781 1789 1794 1803 1773 ‘cess
9:46:41PM FTSE 7216.08
9:48:27PM FRANCE 6707.5 Success
9:50:55PM GERMANY 15507.82 ‘cess
9:54:35PM US500 4533.87
9:56:29PM DOW 35564 Success
9:58:20PM NASDAQ 15373.72 15332 15293 15238 15400 15462 15488 15540 15378
10:00:49PM JAPAN 29241
20/10/2021 FTSE Closed at 7223 points. Change of 0.08%. Total value traded through LSE was: £ 5,182,365,180 a change of -1.88%
19/10/2021 FTSE Closed at 7217 points. Change of 0.19%. Total value traded through LSE was: £ 5,281,678,962 a change of 1.68%
18/10/2021 FTSE Closed at 7203 points. Change of -0.43%. Total value traded through LSE was: £ 5,194,650,270 a change of -14.83%
15/10/2021 FTSE Closed at 7234 points. Change of 0.37%. Total value traded through LSE was: £ 6,099,387,832 a change of 10.37%
14/10/2021 FTSE Closed at 7207 points. Change of 0.92%. Total value traded through LSE was: £ 5,526,155,922 a change of -16.32%
13/10/2021 FTSE Closed at 7141 points. Change of 0.15%. Total value traded through LSE was: £ 6,604,225,806 a change of 15.2%
12/10/2021 FTSE Closed at 7130 points. Change of -0.22%. Total value traded through LSE was: £ 5,733,075,032 a change of 19.23%

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:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:OXIG Oxford Instruments** **

********

Updated charts published on : Asos, Carclo, Cellular Goods, Centrica, ECO (Atlantic) O & G, EasyJet, Fresnillo, Hurrican Energy, British Airways, IQE, Oxford Instruments,

LSE:ASC Asos. Close Mid-Price: 2661 Percentage Change: + 4.76% Day High: 2721 Day Low: 2495

Continued trades against ASC with a mid-price ABOVE 2721 should improve t ……..

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LSE:CAR Carclo. Close Mid-Price: 36 Percentage Change: + 10.09% Day High: 35.5 Day Low: 32.1

Needing above 37, this looks capable of movement to an initial 41.5 with s ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.8 Percentage Change: -1.45% Day High: 6.85 Day Low: 6.72

Continued weakness against CBX taking the price below 6.72 calculates as ……..

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LSE:CNA Centrica. Close Mid-Price: 60.22 Percentage Change: + 2.94% Day High: 61.1 Day Low: 58.78

In the event of Centrica enjoying further trades beyond 61.1, the share s ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 33.2 Percentage Change: + 9.57% Day High: 34.25 Day Low: 30.5

All ECO (Atlantic) O & G needs are mid-price trades ABOVE 34.25 to improv ……..

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LSE:EZJ EasyJet Close Mid-Price: 591.2 Percentage Change: -3.59% Day High: 614.8 Day Low: 581.8

This is looking increasingly dodgy as below 580 indicates coming reversal ……..

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LSE:FRES Fresnillo. Close Mid-Price: 897.4 Percentage Change: + 1.10% Day High: 899.8 Day Low: 883

All Fresnillo needs are mid-price trades ABOVE 899.8 to improve accelerat ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 4.8 Percentage Change: + 10.34% Day High: 4.7 Day Low: 4.2

If this will trade above 5.09, it now calculates with the potential of 6.4 ……..

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LSE:IAG British Airways Close Mid-Price: 157.5 Percentage Change: -4.87% Day High: 165.78 Day Low: 156.04

If British Airways experiences continued weakness below 152, it will inv ……..

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LSE:IQE IQE Close Mid-Price: 44 Percentage Change: -1.01% Day High: 45.6 Day Low: 44.05

Weakness on IQE below 43.5 will invariably lead to 40p next. If broken, s ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2340 Percentage Change: -2.50% Day High: 2455 Day Low: 2360

If this intends trouble, below 2175 will do it, allowing reversal to 1779 ……..

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