Author: T&T Staff

#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** **

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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** **

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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.

#Gold #Dax

A bunch of emails about Nanosynth Group provoked inevitable jokes, wondering if they were a bunch of tiny techno music people from the 1990’s. However, disappointingly, it appears their forte is the synthesis and real world application of nanoparticles. Previously known as Remote Monitored Systems, their share price has been pretty insipid this year but recent days are showing a change in fortunes, hopefully with longer term potentials.

With news of the company securing a massive contract from India for supply of masks which apparently feature their technology, we start to wonder if the gazillions previously spent on facial recognition technology in London shall prove to be a complete waste of money. With it looking like Covid-19 is a threat which isn’t going away, crowds of protesters, challenging whatever takes their fancy, need only slide on a face mask to conceal identities! Not only Covid-19 looks here to stay but also, a need for effective face coverings. Doubtless, investors shall be asking themselves if Nanosynth intend make an impression in their local European markets?

 

The most recent 8 sessions have seen Nanosynth move from 0.57p to an impressive 1.37p and we wonder if the rising cycle is complete. There’s actually a compelling argument which would normally expect some volatility at the 1.37 level but, should the share price manage higher, a visit to an utterly tame 1.50p looks possible. Our inclination is to regard 1.50p as a stronger trigger level for the longer term. Moves above 1.50p should make an attempt toward 1.97p in the future. Above this level, things start to get interesting, thanks to a calculation pointing at 4.25p as providing a distant ambition.

Nanosynth share price would need shrink below 0.8p to provoke concern for the longer term, according to our software.

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

Yet again, our thanks to those who ‘buy us a coffee’ when they spot an interesting advert on this page!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:43:02PM	BRENT	71.65
9:46:33PM	GOLD	1815.5	1804	1799	1791	1814	1819	1822	1829	1809	Success
9:49:59PM	FTSE	7133.5									Success
9:52:15PM	FRANCE	6685.5									Shambles
9:56:12PM	GERMANY	15844	15758	15718.5	15622	15855	15852	15882	15923	15790	Success
9:58:24PM	US500	4531.62
10:00:33PM	DOW	35420									‘cess
10:03:33PM	NASDAQ	15603
10:06:21PM	JAPAN	28091									Success

 

 

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 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

20/08/2021 FTSE Closed at 7087 points. Change of -100%. Total value traded through LSE was: £ 4,737,378,456 a change of 0%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:SPX Spirax** **LSE:SRP Serco** **

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Updated charts published on : BALFOUR BEATTY, EasyJet, Fresnillo, HSBC, Omega Diags, Oxford Instruments, Parkmead, Polymetal, Reabold Resources PLC, Spirax, Serco,

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 286 Percentage Change: + 0.99% Day High: 286.6 Day Low: 276.8

In the event BALFOUR BEATTY experiences weakness below 276.8 it calculate ……..

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LSE:EZJ EasyJet Close Mid-Price: 796 Percentage Change: -1.61% Day High: 801.6 Day Low: 776.8

If EasyJet experiences continued weakness below 776.8, it will invariably ……..

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LSE:FRES Fresnillo. Close Mid-Price: 854 Percentage Change: + 0.97% Day High: 862.8 Day Low: 847.8

In the event of Fresnillo enjoying further trades beyond 862.8, the share ……..

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LSE:HSBA HSBC Close Mid-Price: 386.2 Percentage Change: -2.22% Day High: 390.5 Day Low: 382.4

Target met. Weakness on HSBC below 382.4 will invariably lead to 379 with ……..

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LSE:ODX Omega Diags. Close Mid-Price: 58 Percentage Change: + 4.50% Day High: 60.5 Day Low: 55.5

Continued trades against ODX with a mid-price ABOVE 60.5 should improve t ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2615 Percentage Change: -2.43% Day High: 2715 Day Low: 2600

In the event of Oxford Instruments enjoying further trades beyond 2715, t ……..

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LSE:PMG Parkmead Close Mid-Price: 41.25 Percentage Change: -0.60% Day High: 41.5 Day Low: 40.6

Continued weakness against PMG taking the price below 40.6 calculates as ……..

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LSE:POLY Polymetal Close Mid-Price: 1448 Percentage Change: -1.76% Day High: 1490 Day Low: 1449

Continued weakness against POLY taking the price below 1449 calculates as ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.26 Percentage Change: -15.87% Day High: 0.3 Day Low: 0.26

Target met. In the event Reabold Resources PLC experiences weakness below ……..

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LSE:SPX Spirax. Close Mid-Price: 16110 Percentage Change: + 0.06% Day High: 16410 Day Low: 16025

In the event of Spirax enjoying further trades beyond 16410, the share sh ……..

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LSE:SRP Serco. Close Mid-Price: 133.3 Percentage Change: + 0.76% Day High: 133.5 Day Low: 130.2

Continued weakness against SRP taking the price below 130.2 calculates as ……..

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

#Brent #Nasdaq Hosting the final highland games of the season at the end of August, our part of Argyll generally also signals something else. Quite literally, the day after the highland games end, there’s generally a change in the weather with winter making itself felt. This year and last, the pandemic inspired absence of ‘the games’ has seen something new. Neither torrential rain nor frosts appeared, perhaps proving climate change innocent but instead, it’s all the fault of the Cowal Games. We had a great holiday weekend!

Relying on indicators, while fraught with danger, also involves relying on common sense, especially when dealing with the markets. Natwest Plc finally broke above their Blue longer term downtrend, the share price enthusiastically celebrating by failing to reach our (previous) initial breakout target of 226p. Does this imply inherent weakness or perhaps, something else?

The chart below shows how the share price has performed during August. Critically, despite a plunge to 209p, the last three weeks has seen the share fail to close below the point of the break of the Blue downtrend. Our in-house rules suggest it’s now ‘just’ a matter of time until the share reaches its target level. The current situation suggests movements above 220p should next head toward 229p with our longer term secondary still presenting 251p as a viable ambition.

Of course, the other implication of these dance steps will be of a share price executing a series of ‘higher highs’ with the result our Big Picture scenario can be adjusted slightly for those blessed with infinite patience (or more probably, trapped at higher levels due to 10:1 share price consolidation) at 332p. This, of course, is really a dismal 33.2p in old money.

For now, we’re mildly optimistic for the future. Though it may just be due to the Cowal Games not taking place. At least we’d also the distraction of the weekends Belgian F1 for light relief… As predicted, the Belgian driver was declared winner, awarded points, without actually competing in a race!

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

As ever, many thanks to the kind folks who find adverts on this page worthy of visiting. It buys a daily coffee!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop
10:53:50PM	BRENT	72.08	71	70.445	69.7	72.2	72.78	75.35	78.89	69.57
10:55:39PM	GOLD	1810.83
10:57:39PM	FTSE	7163.98
10:59:36PM	FRANCE	6681.7
11:01:55PM	GERMANY	15900.32
11:04:52PM	US500	4533.12
11:06:17PM	DOW	35412.7
11:09:27PM	NASDAQ	15608	15425	15350	15259	15499	15623	15631	15660	15570
11:12:07PM	JAPAN	27703

 

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 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

20/08/2021 FTSE Closed at 7087 points. Change of 0.41%. Total value traded through LSE was: £ 4,737,378,456 a change of -4.32%

19/08/2021 FTSE Closed at 7058 points. Change of -1.55%. Total value traded through LSE was: £ 4,951,507,181 a change of -2.94%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:CNA Centrica** **LSE:EZJ EasyJet** **LSE:FRES Fresnillo** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:RBD Reabold Resources PLC** **LSE:TSCO Tesco** **

********

Updated charts published on : Avacta, Centrica, EasyJet, Fresnillo, Omega Diags, Oxford Instruments, Parkmead, Reabold Resources PLC, Tesco,

LSE:AVCT Avacta Close Mid-Price: 122 Percentage Change: -7.58% Day High: 130.5 Day Low: 121

This continues to be all over the place and we suspect it now intends a bo ……..

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LSE:CNA Centrica Close Mid-Price: 51.2 Percentage Change: -0.43% Day High: 51.74 Day Low: 51.06

Almost at the point of interesting, Centrica need only exceed 52p to give ……..

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LSE:EZJ EasyJet Close Mid-Price: 809 Percentage Change: -0.34% Day High: 814.4 Day Low: 793.2

The immediate visuals are something of a concern. Below 790 indicates the ……..

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LSE:FRES Fresnillo. Close Mid-Price: 845.8 Percentage Change: + 1.12% Day High: 852.2 Day Low: 838.8

Continued trades against FRES with a mid-price ABOVE 852.2 should improve ……..

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LSE:ODX Omega Diags. Close Mid-Price: 55.5 Percentage Change: + 6.73% Day High: 58 Day Low: 52

Target met. All Omega Diags needs are mid-price trades ABOVE 58 to improv ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2680 Percentage Change: + 2.49% Day High: 2690 Day Low: 2575

Target met. Continued trades against OXIG with a mid-price ABOVE 2690 sho ……..

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LSE:PMG Parkmead Close Mid-Price: 41.5 Percentage Change: -2.92% Day High: 42 Day Low: 41.5

Weakness on Parkmead below 41.5 will invariably lead to 39p. If broken, o ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.32 Percentage Change: -14.86% Day High: 0.37 Day Low: 0.3

Continued weakness against RBD taking the price below 0.3 calculates as l ……..

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LSE:TSCO Tesco. Close Mid-Price: 254.85 Percentage Change: + 0.73% Day High: 258.2 Day Low: 254.2

Continued trades against TSCO with a mid-price ABOVE 258.2 should improve ……..

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

#FTSE #WallSt A visit across to the mainland (and the big city) provided reason for a surprise. Traffic levels appear to be back to normal but, perhaps more importantly, people appear to be finally remembering how to drive again. For a while, during the various Lockdown phases, every trip ensuring a new experience of utter morons on the road, completely out of practice in any form of driving discipline.

The problem wasn’t speeding, quite the converse. Also, difficult manoeuvres like parking or turning often produced classical levels of utter incompetence. But today, whether on the motorways or the  dangerous realms of car parks, there was absolutely no drama. It makes us wonder how long it shall be before the FTSE manages to get its act in order and behave like a proper index!

 

At time of writing, the UK index is around 7124 points, a country mile away from challenging the pre-pandemic highs around 7550 points and in doing so, joining the rest of the civilised world in becoming useful. At present, there appears very little inclination for the market to behave properly and given Thursdays fun and games, we’re becoming a little nervous. The 40 point spike down at the market open, followed by ever decreasing lows, appeared to follow no logic. Perhaps it was simply a spiteful attempt to inhibit the FTSE from actually doing anything positive as the holiday month of August comes toward a close.

The situation now risks being fairly unpleasant, if the FTSE meanders below 7095 points as reversal to an initial 7071 looks very possible. Should this level break, a more serious risk of ongoing reversal to 7003 points calculates as possible. If triggered, the tightest stop level looks like 7130 points, a reasonable number given the risk/reward parameters. Amusingly, should this play out, it will represent the 8th time a FTSE uptrend has broken since November last year. As we implied, this is a market which needs to learn to drive, preferably upward.

 

Our alternate scenario comes, if the FTSE manages above 7147 points as this should produce movement to a pretty tame 7162 points. If bettered, our secondary works out at 7194 points. The tightest stop looks like 7107 points.

 

Finally, the Formula 1 season resumes, where the Belgian driver shall doubtless score a “surprise” victory in his home Grand Prix…

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
9:53:22PM	BRENT	70.57	69.55	68.545		71.34	71.65	72.475		69.85	Shambles
9:54:59PM	GOLD	1792.02	1779	1775		1791	1797	1800		1789
9:57:36PM	FTSE	7132.66	7092	7078		7135	7146	7155		7116	Success
10:01:11PM	FRANCE	6649	6616	6587		6673	6683	6701.5		6632	Success
10:03:15PM	GERMANY	15777	15699	15622		15813	15838	15879		15738
10:04:54PM	US500	4474.37	4468	4463		4487	4495	4498		4479	‘cess
10:08:20PM	DOW	35256	35197	35143		35340	35362	35407		35267	‘cess
10:10:09PM	NASDAQ	15292	15269	15254		15356	15372	15404		15298	Success
10:11:54PM	JAPAN	27657	27588	27517		27768	27812	27852		27632

 

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 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

20/08/2021 FTSE Closed at 7087 points. Change of 0.41%. Total value traded through LSE was: £ 4,737,378,456 a change of -4.32%

19/08/2021 FTSE Closed at 7058 points. Change of -1.55%. Total value traded through LSE was: £ 4,951,507,181 a change of -2.94%

18/08/2021 FTSE Closed at 7169 points. Change of -0.17%. Total value traded through LSE was: £ 5,101,308,767 a change of 1.33%

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:CASP Caspian** **LSE:ITM ITM Power** **LSE:POLY Polymetal** **LSE:RKH Rockhopper** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:VOD Vodafone** **

********

Updated charts published on : Carclo, Caspian, ITM Power, Polymetal, Rockhopper, Serco, Standard Chartered, Vodafone,

LSE:CAR Carclo Close Mid-Price: 40.3 Percentage Change: -4.50% Day High: 41.6 Day Low: 39.1

Above 50 allegedly points at 64 next with secondary, if bettered, working ……..

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LSE:CASP Caspian. Close Mid-Price: 3.38 Percentage Change: + 4.17% Day High: 3.45 Day Low: 3.35

Target met. All Caspian needs are mid-price trades ABOVE 3.45 to improve ……..

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LSE:ITM ITM Power Close Mid-Price: 493 Percentage Change: -0.12% Day High: 503 Day Low: 488.2

Further movement against ITM Power ABOVE 503 should improve acceleration ……..

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LSE:POLY Polymetal Close Mid-Price: 1468.5 Percentage Change: -3.61% Day High: 1525 Day Low: 1459

If Polymetal experiences continued weakness below 1459, it will invariabl ……..

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LSE:RKH Rockhopper. Close Mid-Price: 8.82 Percentage Change: + 1.26% Day High: 9.17 Day Low: 8.5

Below 8.5 remains dangerous, pointing at 6.6 with secondary, if broken, do ……..

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LSE:SRP Serco Close Mid-Price: 132.4 Percentage Change: -1.19% Day High: 137 Day Low: 131.2

Target met. Weakness on Serco below 131.2 will invariably lead to 129 wit ……..

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LSE:STAN Standard Chartered Close Mid-Price: 459.1 Percentage Change: -0.61% Day High: 462.6 Day Low: 456.1

The lack of any recovery attempts is a worry. The price now needs above 47 ……..

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LSE:VOD Vodafone Close Mid-Price: 122.5 Percentage Change: -0.39% Day High: 123.38 Day Low: 122

Some useful recovery appears possible near term as movement above 124 shou ……..

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

#Gold #CAC40 When we reviewed #Kingfisher a year ago, our criteria for a move to current levels proved quite concise. Absolutely everything should now point to continuing success for the owner of B&Q, just a few little flies splashing around in the ointment! With pandemic restrictions easing, the stores appear to be fully open, a recent trip to buy some hardware even allowing a direct path to the checkout, rather than the ridiculous maze of arrows.

However, similar to supermarkets, there appeared to be rather a lot of duplicate items on shelves, giving a suspicion the store was perhaps suffering from the supply chain problems which are distressingly common. The timber yard, once the shock at ridiculous prices eased, also was sparsely stocked. Perhaps this was just common sense, someone in the buying department opting to reduce stock levels rather than face being stuck with products at impossible prices. Worldwide, the price of timber is thankfully easing, perhaps due to the markets voting with their wallet.  For instance, the NASDAQ Lumber commodity index is presently around $480. A couple of months ago, it was at $1670. The return to $480 takes the market back to levels experienced since 2016, aside from the impossible spike experienced in the first half of this year.

Additionally, the supply chain problem continues and doubtless is making life interesting for B&Q. Whether it’s garden equipment, household goods, or whatever, the company import quite a few lines from Europe. Anecdotally, European haulers prefer avoid the UK. And UK lorry drivers are being unreasonable, demanding sensible pay if they return to their jobs. Between the pandemic hangover and the ongoing Brexit hangover, it’s apparently not fun being a UK retailer.

 

Near term, weakness on B&Q below 348p looks capable of provoking reversals to an initial 332p. If broken, our longer term secondary calculates at a less likely 289p. We’re not comfortable with the secondary calculation as it risks returning the share price below Blue on the chart, an amazing trend line which dates back to 1999!

More likely, it feels like strength exceeding 379p shall propel the share toward 431p next. Some hesitation feels very possible around such a level but closure above 431p should prove important for the longer term, suggesting a future trip toward 532p.

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
9:40:47PM	BRENT	71.2									‘cess
9:42:40PM	GOLD	1790.29	1782	1780	1771	1793	1797	1800	1806	1790	Success
9:44:46PM	FTSE	7139.5									‘cess
9:48:06PM	FRANCE	6673.2	6652	6641	6627	6681	6683	6692	6712	6659	‘cess
9:50:12PM	GERMANY	15852									‘cess
9:52:54PM	US500	4497.87
9:56:26PM	DOW	35439.3									‘cess
9:58:55PM	NASDAQ	15371.65
10:01:04PM	JAPAN	27792

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 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

20/08/2021 FTSE Closed at 7087 points. Change of 0.41%. Total value traded through LSE was: £ 4,737,378,456 a change of -4.32%

19/08/2021 FTSE Closed at 7058 points. Change of -1.55%. Total value traded through LSE was: £ 4,951,507,181 a change of -2.94%

18/08/2021 FTSE Closed at 7169 points. Change of -0.17%. Total value traded through LSE was: £ 5,101,308,767 a change of 1.33%

17/08/2021 FTSE Closed at 7181 points. Change of 0.39%. Total value traded through LSE was: £ 5,034,493,544 a change of 2.47%

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:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:PPC President Energy** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **

********

Updated charts published on : Asos, Barclays, Barrett Devs, Bowleven, Challenger Energy (aka Bahamas Pet), ITM Power, Marks and Spencer, President Energy, Rolls Royce, Speedyhire,

LSE:ASC Asos Close Mid-Price: 4004 Percentage Change: -0.57% Day High: 4146 Day Low: 4005

Even above 4170 is now liable to prove significant, allowing recovery to a ……..

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LSE:BARC Barclays. Close Mid-Price: 185.14 Percentage Change: + 1.83% Day High: 185.52 Day Low: 180.86

In the event of Barclays enjoying further trades beyond 185.52, the share ……..

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LSE:BDEV Barrett Devs. Close Mid-Price: 731 Percentage Change: + 0.27% Day High: 737.6 Day Low: 726.8

Continued trades against BDEV with a mid-price ABOVE 737.6 should improve ……..

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LSE:BLVN Bowleven. Close Mid-Price: 4.25 Percentage Change: + 0.00% Day High: 4.25 Day Low: 4.25

Perhaps worth watching anytime now as above 4.4 looks capable of a lift to ……..

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LSE:CEG Challenger Energy (aka Bahamas Pet) Close Mid-Price: 1.3 Percentage Change: -24.64% Day High: 1.7 Day Low: 1.32

Target met. In the event Challenger Energy (aka Bahamas Pet) experiences ……..

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LSE:ITM ITM Power. Close Mid-Price: 493.6 Percentage Change: + 2.24% Day High: 499.8 Day Low: 483.6

In the event of ITM Power enjoying further trades beyond 499.8, the share ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 179.45 Percentage Change: + 5.13% Day High: 181.15 Day Low: 172

Target met. All Marks and Spencer needs are mid-price trades ABOVE 181.15 ……..

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LSE:PPC President Energy. Close Mid-Price: 1.8 Percentage Change: + 1.41% Day High: 1.8 Day Low: 1.65

In the event President Energy experiences weakness below 1.65 it calculat ……..

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LSE:RR. Rolls Royce Close Mid-Price: 116.48 Percentage Change: -1.52% Day High: 120.56 Day Low: 113.82

Target met. All Rolls Royce needs are mid-price trades ABOVE 121 to impro ……..

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LSE:SDY Speedyhire Close Mid-Price: 68.5 Percentage Change: -0.15% Day High: 70.6 Day Low: 67.1

In the event Speedyhire experiences weakness below 67.1 it calculates wit ……..

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

#FTSE #Nasdaq Our report on this lot last year proved pretty concise, the share managing to close 2p above our secondary target of 1511p when making its upward surge. We’re still surprised at the company achieving a new, all time high, in 2020, during the pandemic and lockdown. Perhaps spending time at home made folk focus on the important things like cushions and soft furnishings…

From a personal stance, it appears a trip to hell awaits, my wife wanting to visit Dunelm for curtains. Arguing we could do the job better by fitting hinged wooden shutters didn’t exactly go down well, despite a cheery suggestion they could be painted different colours every year to cater for any fashionable whimsy. Apparently, I simply must attend this torture visit due to giving ‘a look’ every time curtains are purchased. The choice is between a Charcoal Grey or Light Grey waste of money, a task leaving me overwhelmed with a lack of anticipation.

By way of explanation, my very first flat had massive windows, the previous owner opting to leave floral curtains in place. As soon as I could afford, they were replaced with wooden vertical blinds, electrically powered and triggered by a remote control. I still miss them. Combining a window covering with an electronic gadget proved an ideal solution, one which utterly horrified my mum when she visited. She returned home, clutching the “wonderful” floral curtains before they were dumped. Since this time, curtains tend provide an unusually lively conversation topic if I’m around.

 

In the hope of derailing a visit across to the mainland and Dunelm, it seemed a viable idea to glance at their share price. After all, imagine if they looked like they were in trouble, perhaps causing a wasted journey to an empty store? Alas, this seems not to be the case. As mentioned earlier, the company share price has achieved all time highs. While there are certainly threats of reversals, nothing particularly drastic appears probable.

Currently trading around 1316p, the share needs slip below 1276 to give early warning of potential trouble. Movement such as this risks reversal to an initial 1111p, a point at which prior lows almost promise a bounce as the market is liable to decide this shall be regarded as a floor level. The danger comes, should 1111p break, as ongoing reversals to 945p calculate as probable eventually. As the chart shows, there are no visual cues suggesting a reasonable excuse for a bounce at such a target level. Instead, we can now suggest a third level down at 753p as a point where a rebound becomes about as certain as it gets. Perhaps it’s worth remembering all this negative energy is due to my dislike of shopping for curtains!

 

A converse scenario is available, if Dunelm share price opts to exceed 1355p. This looks capable of triggering movement to an initial 1476p with secondary, if exceeded, at 1650p and yet another all time high. Above this point, we shall need revisit the longer term potentials, not least due to Dunelm ‘having form’ for experiencing reversals each time the price climbs another mountain. And if anyone is interested, I’m going for the Light Grey curtains, hopefully the least offensive visual option for a room…

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
10:14:18PM	BRENT	70.55									Success
10:16:33PM	GOLD	1803.15
10:19:29PM	FTSE	7120.61	7074	7064	7035	7126	7131	7152	7178	7095	‘cess
10:21:53PM	FRANCE	6659									Shambles
10:24:09PM	GERMANY	15907
10:26:05PM	US500	4488									‘cess
10:28:24PM	DOW	35398									‘cess
10:31:03PM	NASDAQ	15367.52	15302	15272.5	15235	15356	15385	15402	15484	15309	‘cess
10:32:56PM	JAPAN	27775									‘cess

 

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 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

20/08/2021 FTSE Closed at 7087 points. Change of 0.41%. Total value traded through LSE was: £ 4,737,378,456 a change of -4.32%

19/08/2021 FTSE Closed at 7058 points. Change of -1.55%. Total value traded through LSE was: £ 4,951,507,181 a change of -2.94%

18/08/2021 FTSE Closed at 7169 points. Change of -0.17%. Total value traded through LSE was: £ 5,101,308,767 a change of 1.33%

17/08/2021 FTSE Closed at 7181 points. Change of 0.39%. Total value traded through LSE was: £ 5,034,493,544 a change of 2.47%

16/08/2021 FTSE Closed at 7153 points. Change of -0.9%. Total value traded through LSE was: £ 4,913,032,412 a change of 23.5%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BT.A British Telecom** **LSE:CASP Caspian** **LSE:FRES Fresnillo** **LSE:HSBA HSBC** **LSE:ITM ITM Power** **LSE:MKS Marks and Spencer** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:SRP Serco** **

********

Updated charts published on : BALFOUR BEATTY, British Telecom, Caspian, Fresnillo, HSBC, ITM Power, Marks and Spencer, Omega Diags, Oxford Instruments, Rolls Royce, Spirax, Serco,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 282.8 Percentage Change: -0.07% Day High: 285 Day Low: 279

Target met. Continued weakness against BBY taking the price below 279 cal ……..

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LSE:BT.A British Telecom. Close Mid-Price: 168.2 Percentage Change: + 0.03% Day High: 169.9 Day Low: 164.5

Continued weakness against BT.A taking the price below 164.5 calculates a ……..

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LSE:CASP Caspian. Close Mid-Price: 3.3 Percentage Change: + 11.86% Day High: 3.35 Day Low: 2.95

Target met. Continued trades against CASP with a mid-price ABOVE 3.35 sho ……..

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LSE:FRES Fresnillo Close Mid-Price: 845.4 Percentage Change: -0.09% Day High: 850 Day Low: 841

Further movement against Fresnillo ABOVE 850 should improve acceleration ……..

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LSE:HSBA HSBC Close Mid-Price: 390.4 Percentage Change: -1.23% Day High: 393.55 Day Low: 387.2

Continued weakness against HSBA taking the price below 387.2 calculates a ……..

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LSE:ITM ITM Power. Close Mid-Price: 482.8 Percentage Change: + 4.23% Day High: 494.2 Day Low: 464

Target met. Continued trades against ITM with a mid-price ABOVE 494.2 sho ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 170.7 Percentage Change: + 4.15% Day High: 172.45 Day Low: 167.3

Further movement against Marks and Spencer ABOVE 172.45 should improve ac ……..

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LSE:ODX Omega Diags. Close Mid-Price: 51 Percentage Change: + 3.03% Day High: 54.5 Day Low: 46.5

In the event of Omega Diags enjoying further trades beyond 54.5, the shar ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2555 Percentage Change: + 0.39% Day High: 2625 Day Low: 2460

Further movement against Oxford Instruments ABOVE 2625 should improve acc ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 118.28 Percentage Change: + 3.99% Day High: 117.86 Day Low: 114.1

In the event of Rolls Royce enjoying further trades beyond 117.86, the sh ……..

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LSE:SPX Spirax. Close Mid-Price: 16060 Percentage Change: + 0.09% Day High: 16345 Day Low: 15910

Target Met. Above 16345 now allows 16437 with secondary, if exceeded, at 1 ……..

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LSE:SRP Serco Close Mid-Price: 132.8 Percentage Change: -1.48% Day High: 137 Day Low: 132.5

If Serco experiences continued weakness below 132.5, it will invariably l ……..

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