Author: T&T Staff

#FTSE #Gold Here in Argyll. the excitement of seeing a nuclear sub quickly wanes, along with mild concern at Europes largest nuclear weapons store being just a few miles away. However, a client asked if we’ve ever looked at the price of Uranium as surely the world’s overwhelming demand more the element for cheaper, greener, energy, and also, a cleaner environment must be making the price attractive.

Oddly, we’ve never noticed ‘Green’ Political parties campaigning for more Nuclear power but from a common sense perspective, such an energy source does tend make a lot of sense. Especially now, as many years of expertise in handling uranium safely exist. Some fools even live, quite comfortably, with massive nuclear stores on their doorstep!

Unable to identify a reliable futures market for the product daily price movements, we did a little digging and quickly unearthed Uranium Energy Corp (AMEX:UEC), a US based mining and exploration company. At present, their share price is around 2.95 USD. Life promises to become interesting should the company start trading above $3.50 as this should trigger movement to $5.6 next. Above this level, things become fascinating, thanks to our secondary calculating at $8.17 and a new all time high. Perhaps all this needs are Green politicians to start promoting nuclear power as a future!

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FTSE for FRIDAY (FTSE:UKX) The UK market has experienced a pretty foul few days, closing the session on Thursday with a ‘lower low’ which dumped the index in a zone with the potential of ongoing reversals to 6830. Perhaps worse, the market has now broken it’s 8th uptrend in a year. Despite none of the previous trend breaks proving to be a precursor to disaster, the unpleasant situation now is the index requires above 7088 currently before any recovery dare be taken seriously. Regaining a trend is always a good thing, we find.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

Near term, below 6998 points threatens reversal to an initial 6977 points. If broken, our secondary calculates at 6944 points. If triggered, the tightest stop feels like 7053 points.

Alternately, above 7053 works out with an initial ambition of 7088 points, a curious number given the level required to regain the prior uptrend. Our secondary calculation is quite surprising, apparently movement above 7088 should provoke rapid gains in the direction of 7200. Rather neatly, such a target will serve to wipe out the losses of the last few days.

Have a good weekend. Hopefully the coming Grand Prix proves less boring than last weekends.

As always, massive thanks to those kind folk who discover adverts on this page worth a visit.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:48:06PM	BRENT	71.01	70.88	70.575		71.67	72.93	73.21		71.86	Sorry
9:49:53PM	GOLD	1794.34	1783	1778		1795	1801	1807		1786
9:53:44PM	FTSE	7008	6990	6946		7045	7068	7077		7003	Success
10:12:03PM	FRANCE	6657.5	6649	6630		6670	6708.4	6722		6659	Success
10:14:05PM	GERMANY	15575.47	15526	15472.5		15615	15696	15720		15583
10:15:45PM	US500	4492.97	4486	4466		4508	4522	4531		4497
10:19:21PM	DOW	34877.5	34786	34651.5		34988	35040	35130		34840	Shambles
10:30:47PM	NASDAQ	15562	15545	15476		15630	15642	15677.5		15543
10:32:40PM	JAPAN	30102	30018	29939		30136	30198	30272.5		30055	Success

9/09/2021 FTSE Closed at 7024 points. Change of -1%. Total value traded through LSE was: £ 5,564,442,934 a change of 5.99%

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of -100%. Total value traded through LSE was: £ 4,992,272,040 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:BDEV Barrett Devs** **LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:CEY Centamin** **LSE:EZJ EasyJet** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:TLW Tullow** **

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Updated charts published on : Asos, Barrett Devs, Block Energy PLC, British Telecom, Centamin, EasyJet, Hargreaves Lansdown, HSBC, British Airways, Natwest, Polymetal, Royal Mail, Tullow,

LSE:ASC Asos Close Mid-Price: 3153 Percentage Change: -5.88% Day High: 3376 Day Low: 3133

Target met. If Asos experiences continued weakness below 3133, it will in ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 690.6 Percentage Change: + 0.94% Day High: 690.8 Day Low: 676.8

Weakness on Barrett Devs below 676.8 will invariably lead to 643 with sec ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 2.73 Percentage Change: -0.73% Day High: 3.05 Day Low: 2.73

All Block Energy PLC needs are mid-price trades ABOVE 3.05 to improve acc ……..

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LSE:BT.A British Telecom Close Mid-Price: 161.2 Percentage Change: -2.21% Day High: 163.55 Day Low: 159.35

Target met. If British Telecom experiences continued weakness below 159.3 ……..

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LSE:CEY Centamin Close Mid-Price: 92.48 Percentage Change: -1.78% Day High: 94.54 Day Low: 92.44

Weakness on Centamin below 92.44 will invariably lead to 90p but importan ……..

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LSE:EZJ EasyJet Close Mid-Price: 708.2 Percentage Change: -10.24% Day High: 756.2 Day Low: 680

Target met. Continued weakness against EZJ taking the price below 680 cal ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1446 Percentage Change: -2.33% Day High: 1475 Day Low: 1433

If Hargreaves Lansdown experiences continued weakness below 1431 it calcu ……..

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LSE:HSBA HSBC Close Mid-Price: 376.45 Percentage Change: -1.08% Day High: 379.4 Day Low: 373.5

If HSBC experiences continued weakness below 373.5, it will invariably le ……..

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LSE:IAG British Airways Close Mid-Price: 151.48 Percentage Change: -1.06% Day High: 152.02 Day Low: 146.64

Target met. In the event British Airways experiences weakness below 146. ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 42.51 Percentage Change: + 0.24% Day High: 42.78 Day Low: 41.35

Continued weakness against LLOY taking the price below 41.35 calculates a ……..

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LSE:NWG Natwest Close Mid-Price: 208.9 Percentage Change: -0.67% Day High: 210.1 Day Low: 206.8

Now looking dangerous, travel below 206.8 suggests continued reversal to 2 ……..

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LSE:POLY Polymetal Close Mid-Price: 1389.5 Percentage Change: -3.17% Day High: 1430.5 Day Low: 1389

Target met. If Polymetal experiences continued weakness below 1389, it wi ……..

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LSE:RMG Royal Mail Close Mid-Price: 475.7 Percentage Change: -1.61% Day High: 481.3 Day Low: 469.1

Target met. If Royal Mail experiences continued weakness below 469.1, it ……..

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LSE:TLW Tullow Close Mid-Price: 40.39 Percentage Change: -2.98% Day High: 41.64 Day Low: 40.27

Continued weakness against TLW taking the price below 40.27 calculates as ……..

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

#FTSE #SP500

We finally remembered to take a glance at the German market again, hoping to find a share worthy of some examination. There are numerous facilities on the internet, giving lists of the most active shares on markets. For Germany, Steinhoff topped the list, even meriting a “Strong Buy” rating though we’re not familiar with the process used for such a definition.

The company, Steinhoff International, are a South African/German/Dutch company with listings SA and Germany. They deal mainly in furniture and household goods, operating worldwide and a trawl of the corporate website was surprising, insofar as we’d never heard of the company despite their massive presence. Then again, here in the UK, we notice the company ‘Poundland’ are one of their subsidiaries, literally the only company name we recognised from UK high streets. Perhaps our island is simply too small to deserve notice.

 

Something quite peculiar happened the other day with Steinhoff share price. Just after 2pm on Monday, it was spiked down to 0.06 Euro, recovering within half an hour and is presently trading around 0.215 Euro. Over the years, we’ve learned to pay attention to spikes are they can easily be used by the markets to generate movement of some strength. However, our favourite flavour of spikes generally take place at the market open, rather than half way through the trading day. With the aggressive nature of this particular drop and recovery, even if it was simply a “fat finger” moment, we suspect the market shall doubtless use the added bandwidth to provide some future gains.

As the chart below highlights, the drop on Monday, while taking the price momentarily below the Blue downtrend, saw the share close in an area of safety. It’s easy to feel sorry for the folk who thought their ‘Stop Loss’ level was safe, tucked discreetly below a 3 year old trend.

As a result, movement next exceeding 0.24 Euro looks very capable of producing recovery toward an initial 0.30 Euro. If bettered, our longer term calculation gives 0.46 as a reasonable ambition sometime in the future.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:57:21PM	BRENT	72.46									‘cess
9:59:48PM	GOLD	1789.42									‘cess
10:04:40PM	FTSE	7085.56	7065	7053	7028	7106	7133	7160	7195	7087	Success
10:06:37PM	FRANCE	6663.5									Success
10:08:55PM	GERMANY	15615.3									Success
10:22:52PM	US500	4513.17	4505	4500.5	4484	4521	4522	4528	4540	4504	Success
10:25:30PM	DOW	35029									Success
10:28:00PM	NASDAQ	15611									Success
10:29:48PM	JAPAN	29959									‘cess

8/09/2021 FTSE Closed at 7095 points. Change of -0.76%. Total value traded through LSE was: £ 5,249,791,565 a change of 12.94%

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -100%. Total value traded through LSE was: £ 7,249,282,364 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:BDEV Barrett Devs** **LSE:CEY Centamin** **LSE:HSBA HSBC** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:QFI Quadrise** **LSE:VEC Vectura** **

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Updated charts published on : Asos, Barrett Devs, Centamin, HSBC, British Airways, IQE, Lloyds Grp., Quadrise, Vectura,

LSE:ASC Asos Close Mid-Price: 3350 Percentage Change: -3.54% Day High: 3438 Day Low: 3302

Target met. In the event Asos experiences weakness below 3302 it calculat ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 684.2 Percentage Change: -3.44% Day High: 704.4 Day Low: 686.8

If Barrett Devs experiences continued weakness below 686.8, it will invar ……..

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LSE:CEY Centamin Close Mid-Price: 94.16 Percentage Change: -0.99% Day High: 95.48 Day Low: 94

In the event Centamin experiences weakness below 94 it calculates with a ……..

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LSE:HSBA HSBC Close Mid-Price: 380.55 Percentage Change: -0.51% Day High: 381.75 Day Low: 375.65

Target met. In the event HSBC experiences weakness below 375.65 it calcul ……..

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LSE:IAG British Airways Close Mid-Price: 153.1 Percentage Change: -1.14% Day High: 159.54 Day Low: 152.5

Target met. Continued weakness against IAG taking the price below 152.5 c ……..

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LSE:IQE IQE Close Mid-Price: 43.7 Percentage Change: -5.00% Day High: 46.6 Day Low: 43.5

In the event IQE experiences weakness below 43.5 it calculates with a dro ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 42.41 Percentage Change: -1.95% Day High: 42.92 Day Low: 42.25

Weakness on Lloyds Grp. below 42.25 will invariably lead to 3 promoting r ……..

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LSE:QFI Quadrise Close Mid-Price: 4 Percentage Change: -0.37% Day High: 4.01 Day Low: 4

In the event of Quadrise enjoying further trades beyond 4.5p, the share sh ……..

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LSE:VEC Vectura. Close Mid-Price: 163.8 Percentage Change: + 0.00% Day High: 164 Day Low: 163.8

Currently painfully slow, movement next above 167p should aim for an initi ……..

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

#France #Dax A wry smile was justified, when reading the news Ryanair were not going ahead with their massive order for a bunch of new Boeing aircraft. The company announcement, during the worst part of the pandemic was, we felt, suspicious. At the time, we wondered if it was a PR exercise to help defend Boeing or perhaps, a manoeuvre to essentially suggest airline shares have a strong future.

Whatever the company master plan, we can only suspect the posturing about buying 76 new Boeing 737 Max is no longer needed. Ryanair share price has successfully recovered to pre-pandemic highs but, for the last 9 months, has essentially flatlined, the share price fluffing around within a 2 Euro trading range. Passenger numbers, apparently already showing a substantial improvement, will doubtless surge in 2022 as familiarity with vaccines, covid case handling, and more efficient methods of handling cattle at airports are introduced.

There’s another aspect of flying, one we had been unaware of. Apparently passenger jets also carry freight. The combination of the pandemic, along with political incompetence over Brexit, combined to ensure industries like shellfish and salmon have seen their exports crash by around 95%. This reduction in freight business must be harming some airlines as freight in the opposite direction is also being affected, the Brexit poison chalice continuing to cause shortages in virtually every sector of life. Recent news of builders merchant, Jewson, now rationing supplies to the trade and warning of 20% price rises, will doubtless provoke nerves in the construction industry with a necessary knock-on for share prices.

 

Returning to Ryanair, their share price has proven directionless in 2021, the price still needing exceed 17.6 Euro to give an indication some price recovery is coming. From a chart perspective, there’s a perfect example of a “glass ceiling”, the share reaching a flight level first defined at the start of 2018 and effectively maintained as a ‘thou shall not pass” level since. Movements now above 17.6 calculate with the potential of an initial 19.5 with our secondary, if exceeded, working out at 22 Euro and a new all time high. This, for an airline which is always rated “worst” for customer service, still surprises us.

Ryanair share price needs below 14.5 Euro to justify early onset concern.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

Many thanks again to the kind folk who find advertising on this page worthy of a visit. We’re almost at the stage of buying a new Ferrari every day. Hopefully the eBay site selling the photo’s doesn’t increase their prices!!!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:58:06PM	BRENT	71.43									‘cess
10:00:37PM	GOLD	1794.24									Success
10:04:04PM	FTSE	7128.94									‘cess
10:06:51PM	FRANCE	6705.7	6701	6696	6677	6721	6729	6736	6741	6712	‘cess
10:09:40PM	GERMANY	15829	15820	15812	15763	15855	15864	15878	15901	15820
10:26:03PM	US500	4520.07									‘cess
10:29:04PM	DOW	35100.3									Success
10:31:49PM	NASDAQ	15673									‘cess
10:34:05PM	JAPAN	29921									Success

 

7/09/2021 FTSE Closed at 7149 points. Change of -0.53%. Total value traded through LSE was: £ 4,648,354,855 a change of 42.06%

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of -100%. Total value traded through LSE was: £ 4,211,324,881 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:EZJ EasyJet** **LSE:FOXT Foxtons** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:STAN Standard Chartered** **LSE:TSCO Tesco** **

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Updated charts published on : Asos, EasyJet, Foxtons, British Airways, IQE, ITM Power, ITV, Marks and Spencer, Tesco,

LSE:ASC Asos Close Mid-Price: 3473 Percentage Change: -0.49% Day High: 3546 Day Low: 3465

Continued weakness against ASC taking the price below 3465 calculates as ……..

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LSE:EZJ EasyJet Close Mid-Price: 778 Percentage Change: -2.04% Day High: 796.4 Day Low: 772.6

Target met. In the event EasyJet experiences weakness below 772.6 it calc ……..

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LSE:FOXT Foxtons Close Mid-Price: 52.2 Percentage Change: -1.88% Day High: 53.5 Day Low: 51.5

This is not a happy share, currently indicating weakness below 51 shall ma ……..

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LSE:IAG British Airways Close Mid-Price: 154.86 Percentage Change: -1.00% Day High: 157.54 Day Low: 154.72

Weakness on British Airways below 154.72 will invariably lead to 153 and ……..

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LSE:IQE IQE Close Mid-Price: 46 Percentage Change: -12.88% Day High: 51.6 Day Low: 46

This is not looking great today, share price moves below 46 suggesting a c ……..

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LSE:ITM ITM Power Close Mid-Price: 517.5 Percentage Change: -0.48% Day High: 536 Day Low: 515.5

In the event of ITM Power enjoying further trades beyond 536, the share s ……..

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LSE:ITV ITV Close Mid-Price: 116.6 Percentage Change: -0.38% Day High: 116.95 Day Low: 115.8

Movement now below 111 promises reversal to an initial 98 with secondary, ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 187.1 Percentage Change: + 3.34% Day High: 189.9 Day Low: 183

Target met. Further movement against Marks and Spencer ABOVE 189.9 should ……..

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LSE:STAN Standard Chartered Close Mid-Price: 459.1 Percentage Change: -0.04% Day High: 462.4 Day Low: 456.7

The price now needs above 472 to suggest coming movement to an initial 502 ……..

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LSE:TSCO Tesco. Close Mid-Price: 258.4 Percentage Change: + 0.39% Day High: 259.6 Day Low: 257.1

Further movement against Tesco ABOVE 259.6 should improve acceleration to ……..

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

#Gold #Nasdaq An email flooded in, complaining we cover Lloyds too often, even using the word “obsessed…” It’s probably true to say UK retail banks deserve less coverage that we give, thanks to their pitiful share price movements. However, clients prefer we maintain a close watch the the retail banks, after all, they must do something useful at some point? Mustn’t they?

Fairly recently, Bloomberg TV had a couple of segments, essentially promoting the UK banking sector as worth watching closely. The consensus was one we think everyone knows, the share prices are probably undervalued and the sector has failed to perform with similar flamboyance to similar markets in Europe and North America. A US Hedge Fund guy appeared confident he’d discovered a sleeping giant whereas another talking head asserted it’s all just a matter of time. We actually run daily analysis on each of the big three retail banks, constantly hoping to see a signal something is coming, and by producing a Big Picture report on each every three weeks, it forces us to re-evaluate the sector potentials.

However, when someone takes time to complain a report against Lloyds every three weeks is too often, should this be regarded as a suggestion investors are now completely fed up with the banks? If so, the wider implications for the stock market must justify pause for thought, if private traders have become jaded with what should be the core of the market, the Financial Sector.

 

Obviously, this has absolutely nothing to do with FTSE 250 member, Crest Nicholson, a 55 year old building company focussed in the south of England. According to their website and a quick trawl of Google news, the company build a surprising range of properties of varied size, also collaborating with housing associations, financial institutions, and Homes England.

Their share price has experienced considerable, understandable, trauma since the pandemic crash last year and has not yet recovered to the pre-pandemic highs above 500p. The good news, despite recent lethargic behaviour, there are early signs some gains should be coming soon. Presently trading around 423p, we’d hope movement above just 431p should trigger recovery toward an initial 455p. As the chart shows, this should challenge the Blue downtrend of the last 5 years, hopefully creating a scenario for longer term fireworks.

Closure above 455p will doubtless be crucial, expecting a gain thereafter toward 499p. In the event 499p is exceeded, we calculate a cycle should commence toward a longer term 640p. Visually, given prior highs back in 2017, we’d anticipate some hesitation, should such a level make an appearance.

Trends and Targets. Past performance is not a reliable indicator of future results.

Again, our thanks to the kind folk who continue to find adverts on this page worth a visit. (Today, coffee AND croissants!)

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:20:25PM	BRENT	71.94
10:22:17PM	GOLD	1823.81	1819	1814.5	1808	1828	1830	1833	1837	1821
10:25:03PM	FTSE	7186.29									‘cess
10:28:41PM	FRANCE	6746									Success
10:36:53PM	GERMANY	15935									Success
10:38:47PM	US500	4547
10:40:48PM	DOW	35437
10:42:55PM	NASDAQ	15702	15644	15630	15604	15680	15708	15743	15807	15642	‘cess
10:49:56PM	JAPAN	30085									Success

 

 

6/09/2021 FTSE Closed at 7187 points. Change of 0.69%. Total value traded through LSE was: £ 3,272,196,059 a change of -29.07%

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of 0.34%. Total value traded through LSE was: £ 4,211,324,881 a change of 13.85%

26/08/2021 FTSE Closed at 7124 points. Change of -100%. Total value traded through LSE was: £ 3,698,877,507 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:EXPN Experian** **LSE:FGP Firstgroup** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:ITM ITM Power** **LSE:RKH Rockhopper** **

********

Updated charts published on : Asos, Avacta, Experian, Firstgroup, Fresnillo, Gulf Keystone, ITM Power, Rockhopper,

LSE:ASC Asos Close Mid-Price: 3490 Percentage Change: -0.14% Day High: 3583 Day Low: 3489

Weakness on Asos below 3489 will invariably lead to 3350 with secondary ( ……..

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LSE:AVCT Avacta. Close Mid-Price: 140.5 Percentage Change: + 2.93% Day High: 145 Day Low: 135.5

All Avacta needs are mid-price trades ABOVE 145 to improve acceleration t ……..

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LSE:EXPN Experian. Close Mid-Price: 3313 Percentage Change: + 2.03% Day High: 3319 Day Low: 3254

Target met. In the event of Experian enjoying further trades beyond 3319, ……..

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LSE:FGP Firstgroup. Close Mid-Price: 90 Percentage Change: + 1.12% Day High: 95 Day Low: 88.35

Continued trades against FGP with a mid-price ABOVE 95 should improve the ……..

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LSE:FRES Fresnillo Close Mid-Price: 858 Percentage Change: -0.51% Day High: 870.8 Day Low: 850

Further movement against Fresnillo ABOVE 870.8 should improve acceleratio ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 188 Percentage Change: + 2.51% Day High: 193.8 Day Low: 183.2

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

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LSE:ITM ITM Power. Close Mid-Price: 520 Percentage Change: + 3.17% Day High: 528 Day Low: 497

Target met. Continued trades against ITM with a mid-price ABOVE 528 shoul ……..

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LSE:RKH Rockhopper Close Mid-Price: 8.55 Percentage Change: -1.72% Day High: 8.8 Day Low: 8.41

If Rockhopper experiences continued weakness below 8.41, it will invariab ……..

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

#BrentFutures #DaxFutures When we previously reviewed #Lloyds, we moaned about their share price (as always), complaining it had spent three weeks with a 3p trading range. Unsurprisingly, we can recycle our previous comments as the share remains with a foul bandwidth of movements. Rather spitefully, it moved down, into a trading range 3p lower than last time, maintaining its width of range.

 

Unfortunately, there are now a few Red Flags giving cause for concern!

Firstly, there’s the Red trend line on the chart, dating back to September 2020. The share has broken this uptrend, moving into a position where any excuse for a solid reversal is liable to provoke sharp downward moves.

Secondly, there’s the circled area on the chart. This particular blip through the uptrend is something we tend regard as an early warning for trouble. Despite the share price not closing below the uptrend, the market essentially served warning the uptrend dare not be regarded as sacred. It can be broken…

Third, by closing Friday at 43.41p, Lloyds share price achieved an official  “Lower Low”, closing the day at a lower level than any time since the trend was broken and also, closing below the early warning level referred to previously.

When we collate all these troubling signs, it’s easy to conclude the world is about to end for Lloyds but the reality is probably less dramatic. Weakness now continuing below 43.2p looks capable of near term reversals to 41.55p. If broken, our secondary calculates at 38.8p  and hopefully a proper bounce. If the market is serious about giving Lloyds a bit of a kicking, the price could even hit 36p, a level where it’s ‘almost a requirement’ the share rebounds. We’d stress our use of the word ‘almost; in the previous sentence. At times, it feels like the only real requirement in retail banking shares is for the market to cause the maximum level of pain to private investors.

 

For things to take a turn for the better with Lloyds Bank, apparently above 45.8p should trigger recovery to an initial 47p, far from the most exciting potential. If bettered, our secondary currently calculates at 50.5p. At this level, it becomes crucial for the share price to close a session above 50p as this should serve notice for some stronger future price recovery.

Trends and Targets. Past performance is not a reliable indicator of future results.

Again, our thanks to the folk who find adverts on this page worth a visit. It continues to feel like being bought a coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
2:54:43PM	BRENT	72.4	72.3	72.165	71.69	72.95	73.59	73.8425	74.34	72.5
2:56:18PM	GOLD	1827								1819
3:00:59PM	FTSE	7145.48								7123
3:15:29PM	FRANCE	6678								6673
3:18:36PM	GERMANY	15768	15684	15633	15508	15790	15827	15851	15907	15750
3:21:57PM	US500	4536.77
2:09:31PM	DOW	35372
8:17:47PM	NASDAQ	15651.82
8:52:33PM	JAPAN	29604

 

3/09/2021 FTSE Closed at 7138 points. Change of -0.35%. Total value traded through LSE was: £ 4,613,097,281 a change of 1%

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of 0.34%. Total value traded through LSE was: £ 4,211,324,881 a change of 13.85%

26/08/2021 FTSE Closed at 7124 points. Change of -0.36%. Total value traded through LSE was: £ 3,698,877,507 a change of -14%

25/08/2021 FTSE Closed at 7150 points. Change of 0.35%. Total value traded through LSE was: £ 4,301,236,714 a change of -11.3%

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:EME Empyrean** **LSE:FRES Fresnillo** **LSE:GKP Gulf Keystone** **LSE:IQE IQE** **LSE:MRW Morrisons** **LSE:POLY Polymetal** **

********

Updated charts published on : Asos, Empyrean, Fresnillo, Gulf Keystone, IQE, Morrisons, Polymetal,

LSE:ASC Asos Close Mid-Price: 3495 Percentage Change: -5.54% Day High: 3701 Day Low: 3493

Target met. If Asos experiences continued weakness below 3493, it will in ……..

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LSE:EME Empyrean. Close Mid-Price: 5.4 Percentage Change: + 0.00% Day High: 5.55 Day Low: 5.25

Weakness on Empyrean below 5.25 will invariably lead to 4p with secondary ……..

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LSE:FRES Fresnillo. Close Mid-Price: 862.4 Percentage Change: + 3.50% Day High: 867.2 Day Low: 834.4

All Fresnillo needs are mid-price trades ABOVE 867.2 to improve accelerat ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 183.4 Percentage Change: + 3.73% Day High: 186.4 Day Low: 174.4

Further movement against Gulf Keystone ABOVE 186.4 should improve acceler ……..

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LSE:IQE IQE. Close Mid-Price: 53.3 Percentage Change: + 0.19% Day High: 54.6 Day Low: 52.5

All IQE needs are mid-price trades ABOVE 54.6 to improve acceleration tow ……..

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LSE:MRW Morrisons. Close Mid-Price: 290 Percentage Change: + 0.10% Day High: 294.9 Day Low: 289

All Morrisons needs are mid-price trades ABOVE 294.9 to improve accelerat ……..

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LSE:POLY Polymetal. Close Mid-Price: 1459 Percentage Change: + 1.74% Day High: 1461 Day Low: 1432.5

Weakness on Polymetal below 1432.5 will invariably lead to 1420 with seco ……..

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

#FTSE #Gold

We often advocate the benefits of stepping back and taking a look at the big picture. Tonight’s step back was somewhat enforced. Out of nowhere, a massive spider wandered out from beneath a monitor, pausing on Russia & Alaska on the laminated world map which makes my glass top desk more civilised. Without thinking, I upended an empty glass, trapping the prehistoric beastie while it bridged the Bering Sea, doubtless pacing angrily.

Then I stepped back, probably not as far as my wife would (she’d still be running, heading to France!). The accuracy of the trap was a real surprise, the insect slowly patrolling the edge of the glass and looking for an escape route. Generally, when trapping a spider, it will lose a leg in a frantic process to flee. But this time, I’d a completely intact arachnid glaring at me while I debating taking a photograph or not. Eventually, laziness voted against a Kodak moment, grabbing a camera would mean I’d also to tidy my desk and to my knowledge, hell has not yet frozen over. I stood back, building sufficient courage to slide thin card under the glass and remove the spider to the garden.

Above the spider, the #3 monitor was showing a chart of the FTSE which dated back to 2018. There’s a potential downtrend I’ve been ignoring but now, there’s a vague chance of it coming into play. At present, the FTSE needs exceed 7,380 points to surpass this trend line. Despite assigning the FTSE level, pre-pandemic drop, of 7550 as the point above which things may speed up substantially, we’re inclined to go with the visuals and hope 7,380 shall provide a reasonable trigger level for fast future acceleration.

In fact, we can even tighten down on that number, thanks to movements since the pandemic low of March last year. From a Big Picture perspective, above 7225 points is supposed to bring a visit to 7289 points. Should the FTSE somehow manage to exceed 7289 points, our Big Picture secondary comes into play at 8093 points. In other words, we’re neither comfortable suggesting the pre-pandemic high as a trigger, nor a break above the Blue downtrend. Instead, we should be looking for any immediate potential on the stock market to attain 7289 points. Given the FTSE is trading around 7160 at time of writing, it’s surely not a massive leap to watch for.

Trends and Targets. Past performance is not a reliable indicator of future results.

 

Near term (and remember the above), the FTSE allegedly needs trade above 7184 points to trigger near term movement to 7226 points. If bettered, our secondary target calculates at 7302 points, an ambition we do not anticipate happening in the same day, given the glacial pace of the markets at present. However, this secondary is liable to prove quite a big deal thanks to the target infringing in “Big Picture” territory, hopefully providing a successful pointer to the future.

After all, hasn’t the UK’s Boris managed to fix Brexit, Covid-19, and everything else?

Our alternate scenario triggers, if the FTSE manages below 7128 points as reversal to an initial 7111 looks possible. If broken, our secondary calculates at 7075 points and hopefully a proper bounce. For now, we remain optimistic.

Trends and Targets. Past performance is not a reliable indicator of future results.

Our thanks to the kind folks who find adverts on this page worth a visit. Keeps us in coffee!

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:15:32PM	BRENT	72.7	71.15	70.895		72	73.4	73.8775		71.72	‘cess
10:28:27PM	GOLD	1809.68	1804	1802		1811	1814	1818		1808	‘cess
10:31:16PM	FTSE	7152	7139	7120.5		7161	7172	7178		7139
10:33:25PM	FRANCE	6753.2	6727	6696		6768	6777	6795.5		6743
10:37:06PM	GERMANY	15822	15762	15713.5		15852	15877	15893		15793
10:39:54PM	US500	4539	4517	4511		4534	4546	4553		4522	‘cess
10:43:23PM	DOW	35448	35318	35277		35389	35480	35545		35350
10:53:52PM	NASDAQ	15601.5	15552	15518		15607	15680	15708		15613
10:55:38PM	JAPAN	28634	28400	28312		28556	28673	28731.5		28519	‘cess

2/09/2021 FTSE Closed at 7163 points. Change of 0.2%. Total value traded through LSE was: £ 4,567,320,494 a change of -8.51%

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of 0.34%. Total value traded through LSE was: £ 4,211,324,881 a change of 13.85%

26/08/2021 FTSE Closed at 7124 points. Change of -0.36%. Total value traded through LSE was: £ 3,698,877,507 a change of -14%

25/08/2021 FTSE Closed at 7150 points. Change of 0.35%. Total value traded through LSE was: £ 4,301,236,714 a change of -11.3%

24/08/2021 FTSE Closed at 7125 points. Change of -100%. Total value traded through LSE was: £ 4,849,105,310 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:BT.A British Telecom** **LSE:CEY Centamin** **LSE:EXPN Experian** **LSE:GKP Gulf Keystone** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:NG. National Glib** **LSE:RBD Reabold Resources PLC** **LSE:SCLP Scancell** **LSE:SPX Spirax** **

********

Updated charts published on : Asos, British Telecom, Centamin, Experian, Gulf Keystone, ITM Power, Marks and Spencer, National Glib, Reabold Resources PLC, Scancell, Spirax,

LSE:ASC Asos Close Mid-Price: 3700 Percentage Change: -2.63% Day High: 3834 Day Low: 3706

Continued weakness against ASC taking the price below 3706 calculates as ……..

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LSE:BT.A British Telecom Close Mid-Price: 162.15 Percentage Change: -3.85% Day High: 168.1 Day Low: 161.55

In the event British Telecom experiences weakness below 161.55 it calcula ……..

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LSE:CEY Centamin Close Mid-Price: 95.1 Percentage Change: -5.14% Day High: 98.26 Day Low: 95.16

If Centamin experiences continued weakness below 95.16, it will invariabl ……..

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LSE:EXPN Experian. Close Mid-Price: 3252 Percentage Change: + 0.37% Day High: 3271 Day Low: 3234

Further movement against Experian ABOVE 3271 should improve acceleration ……..

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LSE:GKP Gulf Keystone. Close Mid-Price: 176.8 Percentage Change: + 13.92% Day High: 182 Day Low: 162

Finally, this has gotten a little bit interesting. Moves continuing above ……..

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LSE:ITM ITM Power Close Mid-Price: 494 Percentage Change: -1.20% Day High: 508 Day Low: 492.2

All ITM Power needs are mid-price trades ABOVE 508 to improve acceleratio ……..

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LSE:MKS Marks and Spencer Close Mid-Price: 182.8 Percentage Change: -0.92% Day High: 186.75 Day Low: 182.9

Target met. Continued trades against MKS with a mid-price ABOVE 186.75 sh ……..

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LSE:NG. National Glib Close Mid-Price: 944 Percentage Change: -0.24% Day High: 948.9 Day Low: 941.3

All National Glib needs are mid-price trades ABOVE 983, the share should ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.26 Percentage Change: -1.92% Day High: 0.26 Day Low: 0.22

Target met. If Reabold Resources PLC experiences continued weakness below ……..

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LSE:SCLP Scancell Close Mid-Price: 22 Percentage Change: -3.30% Day High: 22.75 Day Low: 22

Presumably this is awaiting some news as visually, the price should be goi ……..

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LSE:SPX Spirax. Close Mid-Price: 16595 Percentage Change: + 1.84% Day High: 16645 Day Low: 16225

Target met. Continued trades against SPX with a mid-price ABOVE 16645 sho ……..

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

#FTSE #US500

An email asked us to review this mob, a company who despite their website wording, actually appear to have reasonably solid potentials if triggers are exceeded. They’re an oil & gas producer but a Google search yielded this as the first search result; ‘Zephyr’s primary focus is the development of a high-impact appraisal project in Utah’s Paradox.’ Unfortunately, this opening sentence tells a casual visitor nothing.

Thankfully, there’s a simple map which advises the company operate in Nth Dakota, Colorado, and Utah too, along with useful information explaining they are an investment platform, formed to develop oil and gas interests in the Rocky Mountains.

 

One thing did interest us, quite a lot, and it wasn’t revealed until we reviewed historical share price data. The download dated back to 2004 when they presumably listed in London on the AIM market. The company share price is currently trading around 6p, achieving levels not seen since 2008 and cheerfully exceeded three previous upward attempts during the intervening years. It’s therefore officially in Higher High territory, hopefully able to provide some optimism for the longer term. An additional reason for optimism was provided in June this year. Circled, the share price was gapped (manipulated) up, a movement failing to make sense at first glance until we opted to draw a downtrend, one which dated back to a period in 2008 when the share price was above 10p.

We’re always quite pleased when this sort of thing is shown. It tends imply a very deliberate decision to remove a price from a downtrend, commencing a new trend.

At present, we can calculate 7.1p as enjoying trigger level potentials. Movement above this level should prove capable of an attempt at 8.37p in the future, then things get useful. By achieving such a level and hopefully bettering it, we can calculate a distant target of 12.9p as being available. This almost sounds ridiculous when applied to a share which was trading below 0.5p less than a year ago but regardless of common sense, the potentials for further growth certainly exist.

To get into trouble, the share price needs sink below Red on the chart, currently around 4p. This risks provoking reversal to 2.38p and that’s it. We cannot calculate below such a level.

Trends and Targets. Past performance is not a reliable indicator of future results.

Our thanks to those who ‘buy us a coffee’ when they spot an interesting advert on this page and visit it!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:46:46PM	BRENT	71.25									Success
9:48:58PM	GOLD	1813.87
9:50:44PM	FTSE	7158.06	7135	7120	7097	7151	7189	7206	7227	7152
9:56:40PM	FRANCE	6759.2									Success
9:59:17PM	GERMANY	15809									Success
10:01:06PM	US500	4525	4517	4509.5	4499	4531	4541	4546	4554	4521
10:02:56PM	DOW	35310.4
10:05:10PM	NASDAQ	15613.59									Success
10:17:23PM	JAPAN	28539									Success

1/09/2021 FTSE Closed at 7149 points. Change of 0.42%. Total value traded through LSE was: £ 4,992,272,040 a change of -31.13%

31/08/2021 FTSE Closed at 7119 points. Change of -0.41%. Total value traded through LSE was: £ 7,249,282,364 a change of 72.14%

27/08/2021 FTSE Closed at 7148 points. Change of 0.34%. Total value traded through LSE was: £ 4,211,324,881 a change of 13.85%

26/08/2021 FTSE Closed at 7124 points. Change of -0.36%. Total value traded through LSE was: £ 3,698,877,507 a change of -14%

25/08/2021 FTSE Closed at 7150 points. Change of 0.35%. Total value traded through LSE was: £ 4,301,236,714 a change of -11.3%

24/08/2021 FTSE Closed at 7125 points. Change of 0.23%. Total value traded through LSE was: £ 4,849,105,310 a change of 11.85%

23/08/2021 FTSE Closed at 7109 points. Change of -100%. Total value traded through LSE was: £ 4,335,174,689 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:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:EME Empyrean** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:MKS Marks and Spencer** **LSE:POLY Polymetal** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Barrett Devs, Carnival, Centrica, Empyrean, IG Group, IQE, Lloyds Grp., Marks and Spencer, Polymetal, Taylor Wimpey,

LSE:BDEV Barrett Devs. Close Mid-Price: 742.8 Percentage Change: + 0.51% Day High: 745.8 Day Low: 736.8

Further movement against Barrett Devs ABOVE 745.8 should improve accelera ……..

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LSE:CCL Carnival. Close Mid-Price: 1575.6 Percentage Change: + 0.34% Day High: 1612.4 Day Low: 1567

All Carnival needs are mid-price trades ABOVE 1612.4 to improve accelerat ……..

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LSE:CNA Centrica. Close Mid-Price: 52.16 Percentage Change: + 0.38% Day High: 53.26 Day Low: 51.92

Continued trades against CNA with a mid-price ABOVE 53.26 should improve ……..

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LSE:EME Empyrean Close Mid-Price: 5.35 Percentage Change: -4.46% Day High: 5.55 Day Low: 5.35

If Empyrean experiences continued weakness below 5.35, it will invariably ……..

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LSE:IGG IG Group. Close Mid-Price: 945 Percentage Change: + 0.91% Day High: 947.5 Day Low: 931

Continued trades against IGG with a mid-price ABOVE 947.5 should improve ……..

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LSE:IQE IQE. Close Mid-Price: 53 Percentage Change: + 1.15% Day High: 53 Day Low: 51.1

This is showing a potential of being useful soon as ^up above 53 points at ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 44.02 Percentage Change: + 0.56% Day High: 45 Day Low: 43.95

This is quite dreadful, over a month and Lloyds failing to require an upda ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 184.5 Percentage Change: + 2.79% Day High: 184 Day Low: 180.5

In the event of Marks and Spencer enjoying further trades beyond 184, the ……..

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LSE:POLY Polymetal Close Mid-Price: 1446 Percentage Change: -0.14% Day High: 1467 Day Low: 1437

In the event Polymetal experiences weakness below 1437 it calculates with ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 182.25 Percentage Change: -0.36% Day High: 185 Day Low: 181.95

Further movement against Taylor Wimpey ABOVE 185 should improve accelerat ……..

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