Author: T&T Staff

#FreeFutures #FTSE ‘The Glorious 12th’, once again brought the start of the grouse season here in Scotland but the hills locally were mercifully quiet, everyone staying indoors to watch the FTSE making a further attempt at becoming airborne. Or perhaps the hills were peaceful, due to the local grouse & pheasant factory massively reducing production of cannon fodder. This was due to the uncertainty of permitted activities, thanks to the pandemic.

The hunt for grouse, while coming with the pretence it’s a challenge against wild birds, tends forget the animals are farmed, released on a moor, startled by beaters, then shot. It’s certainly one of these occasions where the birds probably regret learning to fly. The farmed grouse & pheasant, in normal years, can be a nuisance on the roads locally. They tend forget their preferred future intentions, instead opting to ambush unwary motorists driving past the pheasant farm, doubtless finding it hilarious watching a tourist plant their car or mobile home into a ditch while discovering single track roads don’t afford much room for manoeuvre. This year, driving past the estate which grows the traffic hazards has been a pleasure, an almost complete lack of suicidal pheasant.

 

The tenuous link, continuing to ask the question “Will The FTSE Fly or will it be shot down?” currently has a fairly optimistic theme, the London market continuing to feel like there is an upward underlying cycle.

However, near term below 7180 looks slightly problematic, calculating with the potential of reversal to an initial 7150 points. Given the FTSE closed the 12th at 7193, this obviously is not a massive drop requirement to the trigger level. In the even 7150 breaks, we would hope for a proper bounce at our secondary of 7127 points. We do have considerable doubts as to the reversal potential, thanks to the Blue downtrend on the chart. The market broke above this downtrend on Wednesday and, in addition, rather a lot of shares we monitor hit upward triggers. Despite what has felt like an effort to slow down the pace of rises, we’d hope the FTSE intends remain above the pandemic downtrend.

 

Further feeding our excuse to suggest a cheery future, the FTSE has managed, somehow, to regain its previous uptrend, trend #7 since October last year. Generally, when a price breaks below, then actually returns above a trend, there’s a pretty solid excuse for optimism. In the case of the FTSE, above 7222 points suggests ongoing traffic in the direction of 7251 points. If bettered, our secondary works out at 7357 points.

To spoil the party slightly, the FTSE still needs better 7550 to justify some fizzy wine as the London market will join the rest of developed world in exceeding the market level, prior to the Covid-19 drop last March. Have a good weekend, even though we need wait another 2 weeks for the next Grand Prix!

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

Once again, many thanks to the kind folk who keep us awash with coffee, when they find an advert on this page sufficiently interesting to visit.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:37:31PM	GOLD	1753.36	1741	1736	S	1754	1758	1762		1745
9:39:27PM	BRENT	70.96	70.48	70.33	U	71.4	71.72	71.98		70.8
9:42:42PM	FTSE	7209.46	7194	7186	B	7215	7214	7226		7184
9:45:19PM	FRANCE	6887.7	6856	6846	S	6872	6894	6899		6880	Success
9:47:17PM	GERMANY	15960.9	15814	15747	C	15898	15975	16034		15725	‘cess
9:50:44PM	US500	4460.87	4437	4432	R	4449	4462	4466		4434	Success
9:55:05PM	DOW	35531.6	35414	35281	I	35499	35532	35599		35419	‘cess
9:58:33PM	NASDAQ	15086.84	15030	15014	B	15080	15098	15117		15035	Success
10:00:59PM	JAPAN	28094	27993	27939	E	28080	28121	28163.5		28030

 

12/08/2021 FTSE Closed at 7193 points. Change of -0.37%. Total value traded through LSE was: £ 5,413,411,006 a change of 4.45%

11/08/2021 FTSE Closed at 7220 points. Change of 0.96%. Total value traded through LSE was: £ 5,182,803,131 a change of -6.82%

10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%

9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

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:AV. Aviva** **LSE:AVCT Avacta** **LSE:BBY BALFOUR BEATTY** **LSE:CASP Caspian** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:NG. National Glib** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:SBRY Sainsbury** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **

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Updated charts published on : Aviva, Avacta, BALFOUR BEATTY, Caspian, Centamin, Capita, MAN, Igas Energy, International Personal Finance, National Glib, Petrop etc, Quadrise, Sainsbury, Tesco, VICTORIA,

LSE:AV. Aviva. Close Mid-Price: 420.9 Percentage Change: + 3.47% Day High: 425.8 Day Low: 412.3

Target met. Further movement against Aviva ABOVE 425.8 should improve acc ……..

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LSE:AVCT Avacta Close Mid-Price: 119 Percentage Change: -4.72% Day High: 125.5 Day Low: 111.5

Target met. Weakness on Avacta below 111.5 will invariably lead to 97 wit ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 318 Percentage Change: + 1.27% Day High: 320.2 Day Low: 314

All BALFOUR BEATTY needs are mid-price trades ABOVE 320.2 to improve acce ……..

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LSE:CASP Caspian. Close Mid-Price: 3.15 Percentage Change: + 6.78% Day High: 3.2 Day Low: 2.95

Target met. In the event of Caspian enjoying further trades beyond 3.2, t ……..

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LSE:CEY Centamin Close Mid-Price: 95.28 Percentage Change: -1.83% Day High: 97.84 Day Low: 95.58

Continued weakness against CEY taking the price below 95.58 calculates as ……..

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LSE:CPI Capita. Close Mid-Price: 47.97 Percentage Change: + 1.18% Day High: 48.68 Day Low: 46.78

In the event of Capita enjoying further trades beyond 48.68, the share sh ……..

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LSE:EMG MAN. Close Mid-Price: 219.1 Percentage Change: + 1.20% Day High: 220 Day Low: 216.8

All MAN needs are mid-price trades ABOVE 220 to improve acceleration towa ……..

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LSE:IGAS Igas Energy Close Mid-Price: 13.7 Percentage Change: -11.61% Day High: 13.5 Day Low: 13.5

In the event Igas Energy experiences weakness below 13.5 it calculates wi ……..

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LSE:IPF International Personal Finance Close Mid-Price: 152 Percentage Change: -0.91% Day High: 156.8 Day Low: 152.6

Should International Personal Finance enjoy further trades beyond 157, the ……..

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LSE:NG. National Glib. Close Mid-Price: 950.5 Percentage Change: + 0.28% Day High: 954.2 Day Low: 948.6

Target met. In the event of National Glib enjoying further trades beyond ……..

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LSE:POG Petrop etc Close Mid-Price: 19.29 Percentage Change: -1.28% Day High: 19.72 Day Low: 19.22

If Petrop etc experiences continued weakness below 19.22, it will invaria ……..

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LSE:QFI Quadrise. Close Mid-Price: 3.96 Percentage Change: + 6.17% Day High: 4.2 Day Low: 3.63

Target met. All Quadrise needs are mid-price trades ABOVE 4.2 to improve ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 303.6 Percentage Change: + 0.36% Day High: 304.3 Day Low: 301

Further movement against Sainsbury ABOVE 305 should improve acceleration ……..

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LSE:TSCO Tesco. Close Mid-Price: 241.2 Percentage Change: + 0.96% Day High: 241.85 Day Low: 238.6

Target met. All Tesco needs are mid-price trades ABOVE 241.85 to improve ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.35 Percentage Change: -6.94% Day High: 3.6 Day Low: 3.35

Weakness on VICTORIA below 3.35 will invariably lead to 2.75 with seconda ……..

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View Previous VICTORIA & Big Picture ***

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

#DAX #SP500 The 6th largest (in the UK) specialist in modern warfare and 52nd largest in the world, defence contractor Qinetic enjoy a share price which remains pretty comparatively stable. However, some interesting potentials are making themselves known, making an upward lurch toward a new all time high feel very possible. A visit to their website is recommended to experience the range of fields in which the company are active.

At time of writing, the share is trading around 338p, needing above just 358p to potentially trigger fireworks. Such a movement calculates with an initial, fairly tame, ambition of 371p with secondary, if bettered, a new high of 410p. This secondary hope is quite a big deal, allowing us to project a big picture future of 487p, along with a strong suggestion this defence contractor share price has moved up to an entirely new trading range.

For everything to go wrong, the earliest indication will look like travel below 311p as this risks triggering reversal to an initial 281p with secondary, if broken, calculating down at 227p and hopefully a bottom.

 

It’s almost amusing to write this but we typically trawl the media for anything interesting relating to companies we’re writing about. In the case of Qinetic, it appears safe to say they keep themselves “off the rader” which is apt, given some of their specialities.

 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
10:11:40PM	BRENT	71.41									Shambles
10:16:35PM	GOLD	1751									Success
10:20:26PM	FTSE	7207.66									‘cess
10:22:02PM	FRANCE	6867.7									Success
10:28:47PM	GERMANY	15858	15723	15688	15621	15801	15889	15939	16067	15694	Success
10:30:19PM	US500	4447	4426	4418.5	4408	4438	4450	4453	4462	4435
10:33:20PM	DOW	35475.8									Success
10:35:58PM	NASDAQ	15019									Shambles
10:38:01PM	JAPAN	28232									Success

 

11/08/2021 FTSE Closed at 7220 points. Change of 0.96%. Total value traded through LSE was: £ 5,182,803,131 a change of -6.82%

10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%

9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:BP. BP PLC** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:NWG Natwest** **LSE:QFI Quadrise** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **

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Updated charts published on : Aviva, Barclays, BALFOUR BEATTY, BP PLC, Capita, MAN, Glencore Xstra, International Personal Finance, Natwest, Quadrise, Sainsbury, Spirax,

LSE:AV. Aviva. Close Mid-Price: 406.8 Percentage Change: + 0.94% Day High: 408.1 Day Low: 401.3

All Aviva needs are mid-price trades ABOVE 408.1 to improve acceleration ……..

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LSE:BARC Barclays. Close Mid-Price: 186.5 Percentage Change: + 0.60% Day High: 187.18 Day Low: 184.18

Continued trades against BARC with a mid-price ABOVE 187.18 should improv ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 314 Percentage Change: + 1.82% Day High: 315.2 Day Low: 305.4

Further movement against BALFOUR BEATTY ABOVE 315.2 should improve accele ……..

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LSE:BP. BP PLC. Close Mid-Price: 311.7 Percentage Change: + 0.91% Day High: 312.7 Day Low: 308

In the event of BP PLC enjoying further trades beyond 312.7, the share sh ……..

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LSE:CPI Capita. Close Mid-Price: 47.41 Percentage Change: + 3.29% Day High: 47.95 Day Low: 45.53

Target met. Further movement against Capita ABOVE 47.95 should improve ac ……..

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LSE:EMG MAN. Close Mid-Price: 216.5 Percentage Change: + 1.03% Day High: 217.4 Day Low: 213.9

Target met. In the event of MAN enjoying further trades beyond 217.4, the ……..

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View Previous MAN & Big Picture ***

LSE:GLEN Glencore Xstra. Close Mid-Price: 341.35 Percentage Change: + 3.30% Day High: 341.05 Day Low: 331.1

Target met. Continued trades against GLEN with a mid-price ABOVE 341.05 s ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 153.4 Percentage Change: + 3.79% Day High: 154 Day Low: 150

Further movement against International Personal Finance ABOVE 154 should ……..

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LSE:NWG Natwest. Close Mid-Price: 220.1 Percentage Change: + 1.34% Day High: 221.3 Day Low: 217.5

Continued trades against NWG with a mid-price ABOVE 221.3 should improve ……..

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View Previous Natwest & Big Picture ***

LSE:QFI Quadrise. Close Mid-Price: 3.73 Percentage Change: + 11.34% Day High: 3.7 Day Low: 3.22

Target met. Further movement against Quadrise ABOVE 3.7 should improve ac ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 302.5 Percentage Change: + 2.93% Day High: 301.9 Day Low: 293

Target met. Continued trades against SBRY with a mid-price ABOVE 301.9 sh ……..

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LSE:SPX Spirax. Close Mid-Price: 15765 Percentage Change: + 4.23% Day High: 16145 Day Low: 15185

Target met. In a truly unusual circumstance, we’ve run out of numbers. Ap ……..

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

#FTSE #WallSt There’s something about Metro Bank  we find attractive, perhaps the lack of corporate baggage held by other retail banks. It’s refreshing, when the first retail High St bank in over 100 years describe their outlets as “Stores” or “Shops” in a real attempt to soften perception away from the intimidating facade once propagated in Mary Poppins and Harry Potter. However, other High St banks have long tried to alter public perception, if only with lower counters in their branches.

But Metro Bank remain the dog friendly chain of outlets and more recently, appear to be experimenting with hosting childrens craft weeks in a few of their stores. If only the company hadn’t experienced their little whoopsie with an accounting error back in 2019, causing their share price to drop 39% in a single day. This event has overseen a period of rot for the company share price, diminishing from 2200p to a low of 58p toward the end of last year. In 2018, the bank share price had peaked at just over £40!

Such has been the level of drama, we cannot display a meaningful 5 year chart as scaling forces price movements since the start of the pandemic to appear as a virtually flat line.

 

However, there are early signs something is brewing in the recovery aisle for this retail shop and we’d suggest paying attention, should the price manage above 112p. At time of writing, the share is trading around 100p, so perhaps this isn’t such a distant trigger level. Above 112p calculates as capable of driving price recovery toward an initial 126p with secondary, if bettered, working out at a longer term 142p. At this secondary level, the all important signal for the longer term shall arrive depending on where the price manages to close a session.

In the event the share manages to actually close above 140p, some quite surprising longer term expectations become available as we can project future movement to 215p, along with a possible glass ceiling. This is due to such a calculation also challenging the share price pre-Covid high last year and other shares, when reaching this level, are tending to pause for thought for a while, prior to any further movements northward.

For alarm bells to ring, the share needs below 88p as this risks a very real threat of matching last years lows.

Currently, we’re a little bit optimistic over this lots potentials.

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

As always, a big thanks to those who find useful adverts 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
9:51:10PM	BRENT	70.61
9:52:54PM	GOLD	1728.85
9:56:10PM	FTSE	7178.88	7113	7093.5	7065	7148	7180	7229	7273	7114	Success
9:58:10PM	FRANCE	6834
10:00:59PM	GERMANY	15789									Shambles
10:04:02PM	US500	4436.72									Success
10:06:32PM	DOW	35265
10:08:58PM	NASDAQ	15060									‘cess
10:11:08PM	JAPAN	27987	27792	27709	27571	27900	28008	28057.5	28145	27925	Success

 

10/08/2021 FTSE Closed at 7151 points. Change of 0.27%. Total value traded through LSE was: £ 5,561,861,537 a change of 12.31%

9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

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:AV. Aviva** **LSE:CPI Capita** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:MRW Morrisons** **LSE:NG. National Glib** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **LSE:QFI Quadrise** **LSE:SBRY Sainsbury** **LSE:VEC Vectura** **LSE:VOG VICTORIA** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aviva, Capita, MAN, Firstgroup, Morrisons, National Glib, Omega Diags, Polymetal, Quadrise, Sainsbury, Vectura, VICTORIA, Zoo Digital,

LSE:AV. Aviva. Close Mid-Price: 403 Percentage Change: + 0.67% Day High: 403.6 Day Low: 396.8

In the event of Aviva enjoying further trades beyond 403.6, the share sho ……..

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LSE:CPI Capita. Close Mid-Price: 45.9 Percentage Change: + 6.74% Day High: 46.27 Day Low: 42.6

Continued trades against CPI with a mid-price ABOVE 46.27 should improve ……..

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LSE:EMG MAN. Close Mid-Price: 214.3 Percentage Change: + 2.39% Day High: 215.6 Day Low: 209.5

Target met. Continued trades against EMG with a mid-price ABOVE 215.6 sho ……..

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LSE:FGP Firstgroup. Close Mid-Price: 91.6 Percentage Change: + 0.33% Day High: 92.3 Day Low: 89.7

Further movement against Firstgroup ABOVE 92.3 should improve acceleratio ……..

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LSE:MRW Morrisons. Close Mid-Price: 281.3 Percentage Change: + 0.90% Day High: 283.3 Day Low: 280.1

In the event of Morrisons enjoying further trades beyond 283.3, the share ……..

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LSE:NG. National Glib. Close Mid-Price: 951.5 Percentage Change: + 0.68% Day High: 952 Day Low: 943

Continued trades against NG. with a mid-price ABOVE 952 should improve th ……..

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LSE:ODX Omega Diags Close Mid-Price: 48 Percentage Change: -1.03% Day High: 49 Day Low: 31.5

Target met. If Omega Diags experiences continued weakness below 31.5, it ……..

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LSE:POLY Polymetal Close Mid-Price: 1467.5 Percentage Change: -1.01% Day High: 1499 Day Low: 1462.5

Target met. Weakness on Polymetal below 1462.5 will invariably lead to 14 ……..

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LSE:QFI Quadrise. Close Mid-Price: 3.35 Percentage Change: + 9.84% Day High: 3.35 Day Low: 3

It’s interesting to note a near term move above 3.35 points at 3.75, along ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 293.9 Percentage Change: + 1.07% Day High: 294 Day Low: 290

All Sainsbury needs are mid-price trades ABOVE 294 to improve acceleratio ……..

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LSE:VEC Vectura Close Mid-Price: 163.4 Percentage Change: -5.55% Day High: 175 Day Low: 173

In the event of Vectura enjoying further trades beyond 175, the share sho ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.6 Percentage Change: -6.49% Day High: 3.94 Day Low: 3.47

Continued weakness against VOG taking the price below 3.47 calculates as ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 149 Percentage Change: -0.67% Day High: 152.5 Day Low: 149

Target met. Further movement against Zoo Digital ABOVE 152.5 should impro ……..

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View Previous Zoo Digital & Big Picture ***

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

#Gold #WallSt If the claims are anything to go by, there’s something different going on with this maker of lithium batteries, especially as they threaten to turn the electric vehicle market on its head. Their first headline; “Charging to 80% of capacity in under 15 minutes!” should suffice to get peoples attention but when browsing the plethora of information and claims, the company could easily become a disruptive influence to the entire battery market.

With VW already on board and claims of a sufficient funds to take their product to market, we really should not be surprised at receiving a bunch of emails asking us to cast an eye over the share price. The new battery is described as ‘Solid State’, fast charging, long lasting, non-combustible (quite a big deal) and capable of holding double the power of current premium lithium-ion batteries. It all sounds quite exciting which begs the question, why is a share which traded at $132 after its launch now languishing at just $24 US.

Obviously, there’s an often distasteful trajectory followed by share prices, following a launch and we’re inclined to view QuantumScape as no different from many, many, others. In fact, we’re a little surprised the share price has not yet enacted the critical second surge, the one which, if the price exceeds the post-launch high of US $132 will suggest the sky is the limit. This turn of phrase is liable to prove justified, if the claims of the new battery translate to real life. The current nonsense, promising flying taxi services in exotic locations, tends fall apart, due to battery power and life. However, if this companies product lives up to the blurb in their press releases, things could become quite interesting throughout all aspects of the electric vehicle market.

 

Of course, there is ointment and there is a fly.

 

The online tech magazine, “WIRED”, took a deeper review of the company claims and frankly, their article gushed praise on the product. Then opted to mention an important caveat.

All the test results were produced from individual lithium cells, rather than complete batteries. An actual battery will comprise of around 100 lithium cells, creating a battery the size of a cigarette packet. An electric vehicle will typically require several hundred on these finished batteries. At the time of WIRED’s article, the company had not yet tested a fully built battery. The company boss says, confidently, “It’s not a question of whether this will work or not. It’s just a question of engineering.”

The WIRED article finishes, mentioning a couple of companies which previous raised huge sums, promising game changing batteries. They crashed, when their performance failed to match expectations.

 

However, on the basis all this smoke must be fueled by fire, perhaps this shall indeed be an opportunity to get involved at the ground floor level for a new product. Perhaps some research shall be justified.

 

Near term, presently trading at $24, the price needs exceed $27.7 to suggest imminent share movement to an initial $33. If exceeded, our secondary works out at $41.25. In the grand scheme of things, neither ambition is particularly interesting but, should our secondary be exceeded, things are liable to improve quite fast.  There is the potential of a heck of a jump toward $108, a level at which we’d anticipate some hesitation.

The share price needs below $15.8 to provoke real concern, thanks to our drop target being prefaced by a minus sign!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:59:06PM	BRENT	69.1									Success
11:01:46PM	GOLD	1730.04	1718	1708	1693	1740	1742	1759	1770	1726	Success
11:04:06PM	FTSE	7140.59									Shambles
11:05:54PM	FRANCE	6821
11:08:09PM	GERMANY	15771.88									Success
11:10:13PM	US500	4435.07	4421	4415.5	4408	4436	4438	4442	4450	4424
11:12:06PM	DOW	35124
11:13:55PM	NASDAQ	15138.19
11:15:54PM	JAPAN	27933									Success

 

9/08/2021 FTSE Closed at 7132 points. Change of 0.14%. Total value traded through LSE was: £ 4,952,268,424 a change of -14.01%

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:CEY Centamin** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:FGP Firstgroup** **LSE:HL. Hargreaves Lansdown** **LSE:IGAS Igas Energy** **LSE:MRW Morrisons** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:RMG Royal Mail** **LSE:SRP Serco** **LSE:VEC Vectura** **LSE:VOG VICTORIA** **

********

Updated charts published on : Aviva, Barclays, Centamin, Capita, 4D Pharma, Firstgroup, Hargreaves Lansdown, Igas Energy, Morrisons, National Glib, Natwest, Oxford Instruments, Petrop etc, Polymetal, President Energy, Royal Mail, Serco, Vectura, VICTORIA,

LSE:AV. Aviva. Close Mid-Price: 400.3 Percentage Change: + 0.30% Day High: 401.5 Day Low: 396.9

Continued trades against AV. with a mid-price ABOVE 401.5 should improve ……..

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LSE:BARC Barclays. Close Mid-Price: 184.38 Percentage Change: + 0.94% Day High: 184.82 Day Low: 182.16

Further movement against Barclays ABOVE 184.82 should improve acceleratio ……..

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LSE:CEY Centamin Close Mid-Price: 97.66 Percentage Change: -3.69% Day High: 101.3 Day Low: 97.94

Weakness on Centamin below 97.94 will invariably lead to 90p but importan ……..

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LSE:CPI Capita. Close Mid-Price: 43 Percentage Change: + 7.34% Day High: 43.4 Day Low: 39.11

All Capita needs are mid-price trades ABOVE 43.4 to improve acceleration ……..

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LSE:DDDD 4D Pharma. Close Mid-Price: 82.6 Percentage Change: + 0.98% Day High: 83.2 Day Low: 80.2

Target met. Weakness on 4D Pharma below 80.2 will invariably lead to 78 w ……..

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LSE:FGP Firstgroup. Close Mid-Price: 91.3 Percentage Change: + 1.39% Day High: 91.6 Day Low: 89.2

All Firstgroup needs are mid-price trades ABOVE 91.6 to improve accelerat ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1454.5 Percentage Change: -11.34% Day High: 1541.5 Day Low: 1431

Target met. In the event Hargreaves Lansdown experiences weakness below 1 ……..

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LSE:IGAS Igas Energy Close Mid-Price: 15.5 Percentage Change: -4.02% Day High: 15.05 Day Low: 15.05

If Igas Energy experiences continued weakness below 15.05, it will invari ……..

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LSE:MRW Morrisons. Close Mid-Price: 278.8 Percentage Change: + 0.00% Day High: 281.9 Day Low: 278

Continued trades against MRW with a mid-price ABOVE 281.9 should improve ……..

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LSE:NG. National Glib. Close Mid-Price: 945.1 Percentage Change: + 0.39% Day High: 948.3 Day Low: 940

Further movement against National Glib ABOVE 948.3 should improve acceler ……..

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LSE:NWG Natwest. Close Mid-Price: 217 Percentage Change: + 0.60% Day High: 217.6 Day Low: 213.9

All Natwest needs are mid-price trades ABOVE 217.6 to improve acceleratio ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2485 Percentage Change: -2.55% Day High: 2620 Day Low: 2525

All Oxford Instruments needs are mid-price trades ABOVE 2620 to improve a ……..

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LSE:POG Petrop etc Close Mid-Price: 19.82 Percentage Change: -3.22% Day High: 20.5 Day Low: 19.75

Target met. Weakness on Petrop etc below 19.75 will invariably lead to 18 ……..

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LSE:POLY Polymetal Close Mid-Price: 1482.5 Percentage Change: -1.95% Day High: 1510 Day Low: 1482.5

In the event Polymetal experiences weakness below 1482.5 it calculates wi ……..

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LSE:PPC President Energy Close Mid-Price: 1.75 Percentage Change: -5.41% Day High: 1.85 Day Low: 1.66

Target met. Weakness on President Energy below 1.66 will invariably lead ……..

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LSE:RMG Royal Mail Close Mid-Price: 493 Percentage Change: -1.04% Day High: 499.7 Day Low: 488.4

Weakness on Royal Mail below 488.4 will invariably lead to 486 with secon ……..

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LSE:SRP Serco Close Mid-Price: 139 Percentage Change: -0.29% Day High: 139.6 Day Low: 136.4

Continued weakness against SRP taking the price below 136.4 calculates as ……..

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LSE:VEC Vectura. Close Mid-Price: 173 Percentage Change: + 5.49% Day High: 173.2 Day Low: 167.4

Target met. All Vectura needs are mid-price trades ABOVE 173.2 to improve ……..

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LSE:VOG VICTORIA. Close Mid-Price: 3.85 Percentage Change: + 2.67% Day High: 3.75 Day Low: 3.5

Target met. If VICTORIA experiences continued weakness below 3.5, it will ……..

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

#Brent #SP500 When we last reviewed #Natwest three weeks ago, we made a point of showing how important it can be to study a shares closing price, in addition to viewing a screen full of pretty candles. Amazingly, for a UK retail bank, everything started to make sense within days, a target was met, and yet another potential candle catastrophe is upon us.

Firstly, the chart extracts below. The Red uptrend since September 2020 was broken in June, the trend break level being at 206.9p. We’d made a point, should the share price manage to close above the level of trend break, we could no longer regard the Red uptrend as being viable. On August 3rd, Natwest share price closed the session at 207.4p, suggesting the historical break of the uptrend was no longer valid and instead, price growth was expected. Our initial target of 215p was successfully achieved in Friday 6th August.

However, staying with our lesson on managing candles – and when to turn them off – it’s very possible something more important occurred on Friday, given the point at which Natwest share price closed the session. Shown below, there’s a long term Blue downtrend and with the share price closing at 215.7p, the day was quite solidly above the historical downtrend, ticking a pretty important box which is the first sign of optimism for the future. The share now needs close a session below 213.6p to give cause for concern.

Finally, even from a near term viewpoint, reasonable levels of hope appear posssible. Above 216p now calculates with the potential of gains in the direction of an initial 226p with secondary, if exceeded, working out at a very possible 251p. In fact, from a Big Picture perspective, thanks to the share closing a session above the Blue downtrend, we can now regard a long term 324p as allegedly exerting a distant influence.

If it all intends go horribly wrong, the share price needs close a session below 193p, thus threatening a reversal cycle commencing down to 167p eventually.

As ever, thanks to those folk who find adverts on this page worth a visit. It buys an essential daily coffee & bun.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:24:59PM	BRENT	70.25	70.13	69.465	68.52	71.4	71.81	72.385	73.3	70.88	Success
9:23:37PM	GOLD	1764.41									Success
9:25:44PM	FTSE	7126.72
9:30:21PM	FRANCE	6825									Success
9:32:51PM	GERMANY	15780									Success
9:35:09PM	US500	4436	4423	4416	4408	4431	4440	4448.5	4474	4423	‘cess
9:37:51PM	DOW	35206									Success
9:39:41PM	NASDAQ	15106
9:41:37PM	JAPAN	27890									Success

 

6/08/2021 FTSE Closed at 7122 points. Change of 0.03%. Total value traded through LSE was: £ 5,759,335,075 a change of 3.28%

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:CASP Caspian** **LSE:FGP Firstgroup** **LSE:MRW Morrisons** **LSE:NWG Natwest** **LSE:OXIG Oxford Instruments** **LSE:RR. Rolls Royce** **LSE:VEC Vectura** **

********

Updated charts published on : Aviva, Barclays, Caspian, Firstgroup, Morrisons, Natwest, Oxford Instruments, Rolls Royce, Vectura,

LSE:AV. Aviva. Close Mid-Price: 399.1 Percentage Change: + 1.94% Day High: 400.9 Day Low: 389.6

Further movement against Aviva ABOVE 400.9 should improve acceleration to ……..

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LSE:BARC Barclays. Close Mid-Price: 182.66 Percentage Change: + 1.64% Day High: 183.4 Day Low: 178.94

Target met. All Barclays needs are mid-price trades ABOVE 183.4 to improv ……..

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LSE:CASP Caspian. Close Mid-Price: 3 Percentage Change: + 5.26% Day High: 3.15 Day Low: 2.9

Further movement against Caspian ABOVE 3.15 should improve acceleration t ……..

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LSE:FGP Firstgroup. Close Mid-Price: 90.05 Percentage Change: + 1.35% Day High: 90.65 Day Low: 88.35

In the event of Firstgroup enjoying further trades beyond 90.65 should im ……..

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LSE:MRW Morrisons. Close Mid-Price: 278.8 Percentage Change: + 2.50% Day High: 279.6 Day Low: 269.5

All Morrisons needs are mid-price trades ABOVE 279.6 to improve accelerat ……..

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LSE:NWG Natwest. Close Mid-Price: 215.7 Percentage Change: + 2.23% Day High: 215.7 Day Low: 209.7

Target met. In the event of Natwest enjoying further trades beyond 215.7, ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 2550 Percentage Change: -0.97% Day High: 2600 Day Low: 2520

In the event of Oxford Instruments enjoying further trades beyond 2600, t ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 112.42 Percentage Change: + 1.57% Day High: 112.8 Day Low: 109.42

Continued trades against RR. with a mid-price ABOVE 112.8 should improve ……..

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LSE:VEC Vectura. Close Mid-Price: 164 Percentage Change: + 6.49% Day High: 164.8 Day Low: 153.4

Target met. Further movement against Vectura ABOVE 164.8 should improve a ……..

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View Previous Vectura & Big Picture ***

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

#FreeFutures #FTSE Absolutely nothing to do with the markets; anyone who’s ever read ‘Bike’ magazine will doubtless notice a 50th Anniversary edition in newsagents. For years, the first component read of “Bike” was the Ogri cartoon on the back page. This “Anniversary***” edition completely omits any mention of their best bit! Traditionally, we always enjoy a moan at the start of August, thanks to the markets taking a mental holiday in addition to a literal one. This year feels a little different, the FTSE proving well behaved with a trading range, so far this month, of just 80 points.

Some days, there would be a burst of sudden excitement, a mood which quickly waned with the realisation a movement of just 5 points can look pretty major on a chart, when the market had spent a few hours exploring a 10 point range. A five point jump or drop obviously paints a vivid 50% picture until you zoom out to view the entire day. The now familiar reality of nothing actually happening once again hits home… Sometimes, we suspect the markets do this, just to lull folk into a sense of false security, perhaps encouraging us all to turn our backs and miss some real excitement?

 

We’re pretty comfortable something interesting is due with the FTSE. The only problem is, will the market take all of August to make the movement or shall it occur when a fit of boredom has driven us all outdoors to count the wheels on the car! Perhaps it shall be the case the US Payrolls Numbers, due on Friday 6th August, will be sufficient to force an irrational movement from the FTSE, making it essential we watch Bloomberg or CNN at 1.30pm.

Regardless, the immediate situation is pretty straightforward. Above just 7143 points should harbour ambitions of a visit to 7198 points. If bettered, we’d hope for a visit to 7235 points which will represent a new “high” for the index, following the market being trashed at the start of 2020. If triggered, the tightest stop is suspiciously attractive at just 7100 points.

 

What are the threats, if 7100 points breaks?

Initially, we suspect reversal to a pretty tame 7077 points with secondary, if broken, our secondary is at 7055. This represents a level we’d suspect a bounce, doubtless due to the FTSE intending remain within its soporific journey through the month.

Yet again, we’ve published a ‘trends’ chart for the FTSE below, dealing with the curious period since October last year. The market displays lots of uptrends which proved false when, despite the uptrend being broken, the index goes on to exceed the point of trend break, proving the uptrend wasn’t actually a trend. It is truly amazing to be able to paint 8 lines, anchored to a single point. Traditionally, when a trend line fails, there’s a reasonable expectation for coming reversals but in this instance, the converse appears true. If the market is failing to fall despite lots of trend failures, we can only embrace an assumption growth is coming. Just, goodness knows when!

***Needless to say, the only reason this edition was bought was curiosity, just to see if Ogri would again appear. Alas, £5 was wasted.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:02:59PM	BRENT	71.09	69.63	69.07		70.93	71.36	71.57		70.3
10:06:44PM	GOLD	1804.54	1803	1801		1810	1814	1819.5		1808	‘cess
10:17:11PM	FTSE	7122.76	7094	7085		7127	7131	7148		7104	Shambles
10:19:13PM	FRANCE	6775.5	6748	6739		6782	6787	6797		6766	‘cess
10:21:03PM	GERMANY	15751	15658	15642		15728	15756	15761		15735	Success
10:24:16PM	US500	4429.82	4400	4394		4414	4430	4434		4408	‘cess
10:30:05PM	DOW	35048	34804	34739		34900	35060	35121		34947	Success
10:31:53PM	NASDAQ	15180.59	15082	15034		15130	15184	15214.25		15115	Success
10:35:13PM	JAPAN	27849	27760	27733		27828	27868	27883		27760	Success

 

 

 

5/08/2021 FTSE Closed at 7120 points. Change of -0.04%. Total value traded through LSE was: £ 5,576,456,686 a change of -7.06%

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

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:DDDD 4D Pharma** **LSE:ECO ECO (Atlantic) O & G** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:ITM ITM Power** **LSE:NWG Natwest** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **LSE:SRP Serco** **

********

Updated charts published on : Avacta, 4D Pharma, ECO (Atlantic) O & G, MAN, Glencore Xstra, Igas Energy, ITM Power, Natwest, Royal Mail, Rolls Royce, Serco,

LSE:AVCT Avacta. Close Mid-Price: 128 Percentage Change: + 0.00% Day High: 131.5 Day Low: 126

Now below 121 looks troubling, presenting an initial reversal target of 11 ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 82.3 Percentage Change: -2.49% Day High: 88.4 Day Low: 81.7

If 4D Pharma experiences continued weakness below 81.7, it will invariabl ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 28 Percentage Change: + 9.80% Day High: 30.75 Day Low: 25.75

Continued trades against ECO with a mid-price ABOVE 30.75 should improve ……..

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LSE:EMG MAN Close Mid-Price: 209.4 Percentage Change: -0.38% Day High: 211.5 Day Low: 207.1

Target met. Further movement against MAN ABOVE 211.5 should improve accel ……..

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View Previous MAN & Big Picture ***

LSE:GLEN Glencore Xstra Close Mid-Price: 324 Percentage Change: -1.61% Day High: 334 Day Low: 319.55

Target met. In the event of Glencore Xstra enjoying further trades beyond ……..

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LSE:IGAS Igas Energy Close Mid-Price: 15.75 Percentage Change: -3.67% Day High: 15.9 Day Low: 15.9

Continued weakness against IGAS taking the price below 15.9 calculates as ……..

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View Previous Igas Energy & Big Picture ***

LSE:ITM ITM Power Close Mid-Price: 380.4 Percentage Change: -4.80% Day High: 397.2 Day Low: 373.6

In the event ITM Power experiences weakness below 373.6 it calculates wit ……..

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View Previous ITM Power & Big Picture ***

LSE:NWG Natwest. Close Mid-Price: 211 Percentage Change: + 0.29% Day High: 211.5 Day Low: 205.7

Target met. Further movement against Natwest ABOVE 211.5 should improve a ……..

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LSE:RMG Royal Mail Close Mid-Price: 499.8 Percentage Change: -0.75% Day High: 506.2 Day Low: 492.6

In the event Royal Mail experiences weakness below 492.6 it calculates wi ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 110.68 Percentage Change: + 5.87% Day High: 110.1 Day Low: 104

Target met. All Rolls Royce needs are mid-price trades ABOVE ^111 to impr ……..

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LSE:SPX Spirax. Close Mid-Price: 15410 Percentage Change: + 0.52% Day High: 15555 Day Low: 15330

Continued trades against SPX with a mid-price ABOVE 15520 should improve t ……..

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LSE:SRP Serco. Close Mid-Price: 140.9 Percentage Change: + 0.21% Day High: 146.1 Day Low: 138.7

Continued trades against SRP with a mid-price ABOVE 146.1 should improve ……..

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

#France_CAC40 #WallSt There are some companies we’re almost supposed to dislike. Budget airlines loom high on such a list, UK retail banks coming a close second, obviously estate agents with a stock market listing, and also, BT Group reserving a special place in hell. This series of irrational dislikes proves not entirely irrational, due to any cynical attitude coming across in our reports being fueled by personal experience with each corporate.

Despite plenty of personal experience with tobacco, saying goodbye many years ago failed to inspire any negative thoughts relating to the industry. No-one forced me to try a cigarette from the 5 Packet of Embassy Tipped my cousin had somehow procured. The entire exercise ended in disaster soon after, when the cousin proved it was possible to drown a lit cigarette in a can of petrol. The flaw in his thinking came, when the can ignited and he kicked it away. Unfortunately, we were hiding in his fathers garage at the time to enjoy our first smoke, a wooden building full of gardening equipment, a motor mower, and the inevitable cans of oil and grease.

We safely exited the building and ran for it, almost reaching my own house before the noise of a fire engine intruded the peaceful afternoon.

Many years later, the cousin was getting married and I started to reminisce about the event. Despite now being in his mid-40’s, he panicked in case his 80 year old father heard our conversation. Apparently this fire was recorded in history as spontaneous, probably due to the hot weather. Thankfully, by the time of this wedding, neither of us still smoked but neither of us would be inclined to blame the tobacco company for anything. Smoking was once allowed, almost expected.

 

Now any possible anti-tobacco caveats are exposed, British American Tobacco share price is looking a bit problematic. As the chart below highlights, it suffered the inevitable Covid drop in 2020, a reversal which matched a prior drop a year earlier. In the period since, the share price has proven less than interesting and it’s creating as dangerous a picture as 2 small boys with a petrol can and matches.

In the event the price moves below 2670p, we shall be inclined to view it as heading down to 2554p with secondary, if broken, at 2337p. This secondary creates a major issue for us, taking the share price below its most recent historical dips, creating a “lower low” with an ongoing threat for continued downward travel. We can calculate quite a terrifying series of drop potentials but the bottom line, should 2337p break, is the share shall be regarded as existing in a cycle where our “ultimate bottom” calculation works out at an eventual 692p. We cannot calculate below such a level.

 

However, just because the share hasn’t recovered since the Covid-19 low doesn’t mean it can’t. Who knows, some bright spark may invent a vaccine which is baked into the fabric of a cigarette, thanks to a spurious theory that a respiratory virus needs a respiratory cure. Or perhaps, with cannabis being legalised for medicinal purposes next month, somehow the tobacco companies shall jump on the bandwagon. At present, BATS needs trade above 2850p to suggest coming recovery to an initial 3091p with a longer term secondary, if exceeded, working out at 3434p. Despite this secondary ambition making perfect visual sense, we shall need revisit the share should such a target level be achieved.

As always, thanks to those who find 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
10:03:56PM	BRENT	70.01									‘cess
10:06:06PM	GOLD	1812.2									Success
10:08:07PM	FTSE	7111
10:10:02PM	FRANCE	6738	6729	6721	6706	6755	6766	6776	6792	6740	‘cess
10:12:29PM	GERMANY	15682									Success
10:14:22PM	US500	4404.2
10:17:04PM	DOW	34829	34791	34702.5	34566	34893	34914	34958	35015	34808
10:19:23PM	NASDAQ	15093									‘cess
10:21:39PM	JAPAN	27514

 

4/08/2021 FTSE Closed at 7123 points. Change of 0.25%. Total value traded through LSE was: £ 6,000,336,002 a change of 33.33%

3/08/2021 FTSE Closed at 7105 points. Change of 0.34%. Total value traded through LSE was: £ 4,500,441,860 a change of 3.51%

2/08/2021 FTSE Closed at 7081 points. Change of 0.7%. Total value traded through LSE was: £ 4,347,850,496 a change of -16.5%

30/07/2021 FTSE Closed at 7032 points. Change of -0.65%. Total value traded through LSE was: £ 5,206,905,420 a change of -14.32%

29/07/2021 FTSE Closed at 7078 points. Change of 0.88%. Total value traded through LSE was: £ 6,077,251,516 a change of 24.02%

28/07/2021 FTSE Closed at 7016 points. Change of 0.29%. Total value traded through LSE was: £ 4,900,403,964 a change of 0.43%

27/07/2021 FTSE Closed at 6996 points. Change of -0.41%. Total value traded through LSE was: £ 4,879,437,530 a change of 9.03%

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:AGM Applied Graphene** **LSE:BARC Barclays** **LSE:EXPN Experian** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:IGG IG Group** **LSE:OXIG Oxford Instruments** **LSE:PHP Primary Health** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:RR. Rolls Royce** **LSE:SPX Spirax** **

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Updated charts published on : Applied Graphene, Barclays, Experian, Genel, Hikma, IG Group, Oxford Instruments, Primary Health, Polymetal, President Energy, Rolls Royce, Spirax,

LSE:AGM Applied Graphene. Close Mid-Price: 31 Percentage Change: + 4.73% Day High: 31.5 Day Low: 29.8

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LSE:BARC Barclays. Close Mid-Price: 178.84 Percentage Change: + 1.41% Day High: 179.2 Day Low: 176.48

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LSE:EXPN Experian. Close Mid-Price: 3251 Percentage Change: + 1.18% Day High: 3263 Day Low: 3206

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LSE:GENL Genel Close Mid-Price: 136 Percentage Change: -2.44% Day High: 138.6 Day Low: 132.4

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LSE:HIK Hikma Close Mid-Price: 2655 Percentage Change: -1.30% Day High: 2695 Day Low: 2638

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LSE:IGG IG Group. Close Mid-Price: 918 Percentage Change: + 1.38% Day High: 917.5 Day Low: 893

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LSE:OXIG Oxford Instruments. Close Mid-Price: 0 Percentage Change: + 3.43% Day High: 2560 Day Low: 2410

Target met. Continued trades against OXIG with a mid-price ABOVE 2560 sho ……..

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LSE:PHP Primary Health. Close Mid-Price: 166.8 Percentage Change: + 1.46% Day High: 167.3 Day Low: 164.3

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LSE:POLY Polymetal. Close Mid-Price: 1565.5 Percentage Change: + 0.32% Day High: 1586.5 Day Low: 1559.5

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LSE:PPC President Energy Close Mid-Price: 1.88 Percentage Change: -7.41% Day High: 2.08 Day Low: 1.82

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LSE:RR. Rolls Royce. Close Mid-Price: 104.54 Percentage Change: + 1.36% Day High: 105.34 Day Low: 103.32

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LSE:SPX Spirax. Close Mid-Price: 15330 Percentage Change: + 0.62% Day High: 15520 Day Low: 15235

Target met. Continued trades against SPX with a mid-price ABOVE 15520 sho ……..

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