Can Natwest Group do a little jump?

#Brent #CAC40 Since May 2007, Natwest has allegedly had a downtrend, one we’re showing in Blue on the chart. Unfortunately, the integrity of this Blue line is in considerable doubt, due to the share price experiencing a 10:1 consolidation in 2012, changing their name from Royal Bank, and companies managing to utterly confuse historical share movements, when merging RBS data into the new name, along with the artificially changed value of individual shares.

This Blue downtrend is thankfully verified by price movements in both 2015 and 2019, suggesting Natwest now only need exceed a current 218.964p (roughly) to start trading above the historical downtrend and start promising great things for the future. What surprises us, greatly, about this supposed break-out level is the price required is virtually identical to the share price for Natwest, when all the germs hit the pandemic fan in February 2020. With Natwest presently trading around 208p, the share price certainly does not need extend itself far to drift into territory where optimism for the longer term becomes possible.

We should point out something which makes a lot of sense. It will be exceedingly probable Natwest will experience some hesitation around the 220p level, both due to the proximity of the Blue downtrend and also, the prior pre-pandemic high. However, in the event the share manages close above the Blue line, we’re able to calculate the potential of recovery toward an initial longer term 252p with secondary, if bettered, working out at 308p.

Anything above the 308p level will require we take a hard look at the tea leaves again, due to this moving the share price into a region where some extraordinary gains become very possible.

 

Due to this being a UK share and worse, a UK retail bank, it’s essential we glance at possible downsides. At present, the price needs below 184p to indicate issues ahead, risking reversal to an initial 168 with secondary, if broken, at 132p. We really dislike the idea of such a secondary, given it provides a “lower low” and promises a future with the share price stuck in the doldrums.

Many thanks to those who found adverts on this page worth a visit on Friday. Really grateful!

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
1:04:44PM BRENT 71.71 71.01 70.8 70.38 71.7 72.06 72.3025 73.42 71.18
1:33:14PM GOLD 1891
1:39:07PM FTSE 7078
2:16:54PM FRANCE 6525 6494 6485 6471 6519 6527 6541 6564 6494
2:21:06PM GERMANY 15685
2:24:31PM US500 4229.22 ‘cess
2:59:32PM DOW 34753 ‘cess
3:38:50PM NASDAQ 13768 ‘cess
3:41:22PM JAPAN 29178 Shambles
4/06/2021 FTSE Closed at 7069 points. Change of 0.07%. Total value traded through LSE was: £ 4,074,732,159 a change of -14.11%
3/06/2021 FTSE Closed at 7064 points. Change of -0.62%. Total value traded through LSE was: £ 4,744,036,832 a change of -6.04%
2/06/2021 FTSE Closed at 7108 points. Change of 0.4%. Total value traded through LSE was: £ 5,048,977,038 a change of -2.93%
1/06/2021 FTSE Closed at 7080 points. Change of 0.83%. Total value traded through LSE was: £ 5,201,214,939 a change of -13.74%
28/05/2021 FTSE Closed at 7022 points. Change of 0.04%. Total value traded through LSE was: £ 6,029,889,894 a change of -45.96%
27/05/2021 FTSE Closed at 7019 points. Change of -0.1%. Total value traded through LSE was: £ 11,159,138,786 a change of 114.44%
26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%

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

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

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

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

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

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

Click Epic to jump to share: LSE:CAR Carclo** **LSE:EZJ EasyJet** **LSE:GLEN Glencore Xstra** **LSE:NWG Natwest** **LSE:OPG OPG Power Ventures** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **LSE:TLW Tullow** **

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Updated charts published on : Carclo, EasyJet, Glencore Xstra, Natwest, OPG Power Ventures, Sainsbury, Spirax, Tullow,

LSE:CAR Carclo. Close Mid-Price: 61 Percentage Change: + 8.93% Day High: 62.8 Day Low: 58.6

Ongoing movement against Carclo ABOVE 71 should improve acceleration towar ……..

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LSE:EZJ EasyJet Close Mid-Price: 934 Percentage Change: -2.63% Day High: 960.8 Day Low: 930.6

If EasyJet experiences continued weakness below 930.6, it will invariably ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 329.75 Percentage Change: + 1.45% Day High: 330.75 Day Low: 324.7

Continued trades against GLEN with a mid-price ABOVE 340 should improve th ……..

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LSE:NWG Natwest Close Mid-Price: 207.6 Percentage Change: -1.19% Day High: 210 Day Low: 206.9

In the event of Natwest enjoying further trades beyond 210, the share sho ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 15.88 Percentage Change: -2.31% Day High: 16.75 Day Low: 15.88

Continued weakness against OPG taking the price below 15.88 calculates as ……..

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LSE:SBRY Sainsbury Close Mid-Price: 265.4 Percentage Change: -1.63% Day High: 269.9 Day Low: 264.7

Further movement against Sainsbury ABOVE 269.9 should improve acceleratio ……..

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LSE:SPX Spirax. Close Mid-Price: 12945 Percentage Change: + 0.90% Day High: 12970 Day Low: 12825

Target met. All Spirax needs are mid-price trades ABOVE 12970 to improve ……..

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LSE:TLW Tullow. Close Mid-Price: 59.7 Percentage Change: + 0.98% Day High: 61.84 Day Low: 58.32

Target met. Continued trades against TLW with a mid-price ABOVE 61.84 sho ……..

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

FTSE for FRIDAY & another bite at Ripple

#FTSE #DAX #FreeFutures We’ve a few clients holding Ripple and while we’d prefer use a UK “travel traffic light system”(always set at Red) we’re opting to feature it as a headline item once a week. This also begs the question, just how did the UK manage to install traffic lights in the sky to ensure aircraft behave in accordance with whatever directive is issued to confuse the travel industry?

The crypto blockchain, device, Ripple, has enjoyed a fairly placid week and is presently trading around US$1.09. The surprise comes if it manages above just $1.10 as apparently we should anticipate recovery to an initial $1.40. If bettered, our secondary is a bit more exciting at $1.87. Exceeding this secondary amibition is liable to be a really big deal, allegedly threatening a cycle to commence to $2.5 and some hesitation.

We’d now have significant concern, if the price of this crypto manages below $0.70 as we cannot calculate drop targets below such a level.

Hey, chart goes here

FTSE for FRIDAY The FTSE continues to move slower than our Golden Retriever, when she realises her time at the beach is over for the day. In our part of Scotland, brilliant weather, coupled with a lack of tourists (during the week) has ensured a daily visit to the local sands with the dog. She’s developed the habit of staying in the sea, just out of reach, when we return toward the car. This dog should have been on the UK’s Brexit negotiating team, her skill in getting her own way unparalleled.

For the FTSE, May managed a less than spectacular trading range of just 160 points. It also manages a pretty dull gain from 6969 points to close the month at 7022 points. In percentage terms, the UK 100 grew by a stonking 0.7%, impressing no-one.  At time of writing, the index is trading around 7064 points and we hope the current, mid term, ruling attraction from 7185 points shall not be doomed to represent a high point for June. It just wouldn’t be fair!

Near term, FTSE movement exceeding just 7075 points calculates with a potential gain toward a pretty useful 7117 points. We’re less optimistic with our secondary arithmetic as it works out at 7157 points. The tightest stop is unpleasantly wide at 7013 points, the low price of Thursday.

Our alternate scenario, if it all goes wrong (it is US Non-Farm Payrolls Friday, after all) suggests any weakness continuing below 7013 risks triggering reversal to an initial 6982 points. If broken, our secondary is a hopeful bounce level of 6922 points.

Before you go, please check this page for any adverts which fascinate you. We’re grateful for every contribution to “the coffee fund!” Many thanks.

Have a good weekend, enjoy the Grand Prix, and don’t visit Argyll during the week! Our dog will thank you.

Hey, chart goes here

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:47:51PM BRENT 71.32 70.54 70.145 69.56 71.23 71.91 72.265 72.84 71.1 ‘cess
10:54:40PM GOLD 1870.79 1865 1850 1828 1884 1909 1914.5 1931 1890 Success
10:57:37PM FTSE 7067 7049 7014 6977 7087 7110 7124.75 7141 7050 Success
11:00:31PM FRANCE 6506 6470 6457 6435 6515 6522 6543 6567 6501
11:02:24PM GERMANY 15648.27 15467 15381 15279 15585 15657 15713 15795 15600 Shambles
11:05:18PM US500 4194 4167 4155 4129 4203 4210 4224 4243 4189 Success
11:07:15PM DOW 34604.9 34322 34217 34006 34469 34674 34728.5 34864 34550 ‘cess
11:12:10PM NASDAQ 13544 13513 13489 13391 13645 13702 13779.5 13886 13596 Success
11:15:20PM JAPAN 28977 28770 28587 28387 28952 29052 29136 29240 28902 Success

 

3/06/2021 FTSE Closed at 7064 points. Change of -0.62%. Total value traded through LSE was: £ 4,744,036,832 a change of -6.04%
2/06/2021 FTSE Closed at 7108 points. Change of 0.4%. Total value traded through LSE was: £ 5,048,977,038 a change of -2.93%
1/06/2021 FTSE Closed at 7080 points. Change of 0.83%. Total value traded through LSE was: £ 5,201,214,939 a change of -13.74%
28/05/2021 FTSE Closed at 7022 points. Change of 0.04%. Total value traded through LSE was: £ 6,029,889,894 a change of -45.96%
27/05/2021 FTSE Closed at 7019 points. Change of -0.1%. Total value traded through LSE was: £ 11,159,138,786 a change of 114.44%
26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%
25/05/2021 FTSE Closed at 7029 points. Change of -100%. Total value traded through LSE was: £ 5,249,852,674 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:AGM Applied Graphene** **LSE:BP. BP PLC** **LSE:CBX Cellular Goods** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:EZJ EasyJet** **LSE:HUR Hurrican Energy** **LSE:ITM ITM Power** **LSE:SCLP Scancell** **LSE:TLW Tullow** **

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Updated charts published on : Applied Graphene, BP PLC, Cellular Goods, Carnival, Capita, EasyJet, Hurrican Energy, ITM Power, Scancell, Tullow,

LSE:AGM Applied Graphene Close Mid-Price: 28.5 Percentage Change: -4.20% Day High: 29.75 Day Low: 28.4

Continued weakness against AGM taking the price below 28.4 calculates as ……..

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LSE:BP. BP PLC. Close Mid-Price: 324.1 Percentage Change: + 0.73% Day High: 326.1 Day Low: 317.7

Target met. Continued trades against BP. with a mid-price ABOVE 326.1 sho ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 7.4 Percentage Change: + 4.23% Day High: 8.07 Day Low: 7.12

We only included this for fun, along with a suspicion the Beckhams will no ……..

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LSE:CCL Carnival Close Mid-Price: 1837.8 Percentage Change: -0.40% Day High: 1864.2 Day Low: 1821.8

Further movement against Carnival ABOVE 1864.2 should improve acceleratio ……..

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LSE:CPI Capita Close Mid-Price: 38.75 Percentage Change: -1.25% Day High: 39.85 Day Low: 38.76

Continued weakness against CPI taking the price below 38.76 calculates as ……..

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LSE:EZJ EasyJet Close Mid-Price: 959.2 Percentage Change: -5.08% Day High: 1012 Day Low: 945.4

Running an airline, every day must feel like opening night for a new stage ……..

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LSE:HUR Hurrican Energy. Close Mid-Price: 1.18 Percentage Change: + 12.38% Day High: 1.4 Day Low: 1.05

This is hellish. In the event Hurrican Energy experiences weakness below 0 ……..

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LSE:ITM ITM Power Close Mid-Price: 380.4 Percentage Change: -1.81% Day High: 388 Day Low: 375.8

This is pretty grotty, requiring above 430p to now signal some proper reco ……..

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LSE:SCLP Scancell. Close Mid-Price: 19.25 Percentage Change: + 0.00% Day High: 19.5 Day Low: 18.75

If Scancell experiences continued weakness below 18.75, it will invariabl ……..

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LSE:TLW Tullow. Close Mid-Price: 59.12 Percentage Change: + 3.32% Day High: 60.3 Day Low: 57.82

Target met. All Tullow needs are mid-price trades ABOVE 60.3 to improve a ……..

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

Petrofac & a glance at the Euro Stoxx 50

#FTSE #WallSt For us, increasingly it appears everything revolves around price levels before the Covid-19 drop last year. If a price has recovered above this level, we tend toward enthusiasm, due to a price moving from ‘recovery’ into ‘growth’. For instance, with the #Stoxx50, the index level was roughly 3,900 before the pandemic hit the fan and now, it’s trading around 4,085 points. In this instance, we’re happy and able to speculate on a surprising future for the European index.

The immediate future is pretty amazing, needing above just 4,102 points to confirm a cycle toward an initial 4,178 points. If exceeded, our longer term secondary calculates at 4,405 points. We’ve quite a strong cluster of arguments pointing at the 4,400 level as a viable ambition. Not least is the impression from the chart below as, in addition to arithmetic, there’s a strong visual indication some hesitation can be anticipated, should the index make it up the mountain to challenge a high not seen since 2007.

If exceeded, there’s an even longer term influence from 4,817 points, allegedly painting the potential of a new all time high. For it all to go pear shaped, the European index needs reverse below Blue on the chart, presently around 3,800 points.

Hey, chart goes here

Petrofac, and as mentioned above, we ration our enthusiasm until such point a price is trading above its pre-pandemic level. In the case of Petrofac, describing themselves as; “Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies.”, their share price prior to the Covid-19 drop was 373p. At time of writing, the company is trading around 139p, substantially below the level achieved on the initial pandemic drop. We’re actually fairly impressed the share price has carefully avoided closing below 90p as there were many reasons to hope for a rebound at such a level.

Currently, with oil prices rising and lockdown easing, surely increased activity in the oil sector shall rub off on Petrofac. If we’re strict, we can establish 145p as a potential trigger level, exceeding this should propel the share price to a stunning 150p. Okay, perhaps not very impressive but in the event 150p is bettered, Bigger Picture forces should start influencing the share price properly, provoking recovery toward an initial 182p. The Big Picture is slightly vague as to our secondary price growth target, if this level is successfully challenged. The share price could either head toward a longer term 255p or, more probably, an attempt at pre-pandemic levels which works out at 375p.

Petrofac needs reverse below 90p to cause utter panic for the company share price future. For now, we suspect it shall prove worth watching.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:41:18PM BRENT 71.21
10:48:04PM GOLD 1908.52 Shambles
10:51:15PM FTSE 7104.56 7069 7050 7026 7112 7122 7133.5 7155 7082 Success
10:53:12PM FRANCE 6516.2 ‘cess
10:55:12PM GERMANY 15594.94
10:58:32PM US500 4208.92
11:04:16PM DOW 34615 34495 34391 34238 34595 34712 34771 34863 34576
11:06:17PM NASDAQ 13685 ‘cess
11:09:11PM JAPAN 28862 Success
2/06/2021 FTSE Closed at 7108 points. Change of 0.4%. Total value traded through LSE was: £ 5,048,977,038 a change of -2.93%
1/06/2021 FTSE Closed at 7080 points. Change of 0.83%. Total value traded through LSE was: £ 5,201,214,939 a change of -13.74%
28/05/2021 FTSE Closed at 7022 points. Change of 0.04%. Total value traded through LSE was: £ 6,029,889,894 a change of -45.96%
27/05/2021 FTSE Closed at 7019 points. Change of -0.1%. Total value traded through LSE was: £ 11,159,138,786 a change of 114.44%
26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%
25/05/2021 FTSE Closed at 7029 points. Change of -0.31%. Total value traded through LSE was: £ 5,249,852,674 a change of 45.96%
24/05/2021 FTSE Closed at 7051 points. Change of -100%. Total value traded through LSE was: £ 3,596,890,836 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:AGM Applied Graphene** **LSE:CCL Carnival** **LSE:CPI Capita** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:IHG Intercontinental Hotels Group** **LSE:NG. National Glug** **LSE:OXIG Oxford Instruments** **LSE:QFI Quadrise** **LSE:RR. Rolls Royce** **LSE:SCLP Scancell** **LSE:SPX Spirax** **

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Updated charts published on : Applied Graphene, Carnival, Capita, Diageo, MAN, Intercontinental Hotels Group, National Glug, Oxford Instruments, Quadrise, Rolls Royce, Scancell, Spirax,

LSE:AGM Applied Graphene Close Mid-Price: 29.75 Percentage Change: -0.50% Day High: 30 Day Low: 28.5

Weakness on Applied Graphene below 28.5 will invariably lead to 17 with s ……..

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LSE:CCL Carnival. Close Mid-Price: 1845.2 Percentage Change: + 1.43% Day High: 1849.8 Day Low: 1790.2

Continued trades against CCL with a mid-price ABOVE 1849.8 should improve ……..

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LSE:CPI Capita Close Mid-Price: 39.24 Percentage Change: -3.04% Day High: 40.82 Day Low: 39.09

Weakness on Capita below 39.09 will invariably lead to 31p and possible b ……..

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LSE:DGE Diageo. Close Mid-Price: 3419.5 Percentage Change: + 0.37% Day High: 3451 Day Low: 3403.5

Target met. All Diageo needs are mid-price trades ABOVE 3451 to improve a ……..

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LSE:EMG MAN. Close Mid-Price: 177.85 Percentage Change: + 0.11% Day High: 180 Day Low: 176.55

Continued trades against EMG with a mid-price ABOVE 180 should improve th ……..

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 5046 Percentage Change: -0.04% Day High: 5096 Day Low: 4996

Further movement against Intercontinental Hotels Group ABOVE 5096 should ……..

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LSE:NG. National Glug. Close Mid-Price: 960.6 Percentage Change: + 1.11% Day High: 965.6 Day Low: 948.5

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

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2170 Percentage Change: + 2.84% Day High: 2210 Day Low: 2065

All Oxford Instruments needs are mid-price trades ABOVE 2210 to improve a ……..

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LSE:QFI Quadrise Close Mid-Price: 4.21 Percentage Change: -10.15% Day High: 4.5 Day Low: 4.21

If Quadrise experiences continued weakness below 4.21, it will invariably ……..

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LSE:RR. Rolls Royce. Close Mid-Price: 112.3 Percentage Change: + 3.08% Day High: 112.6 Day Low: 108.96

In the event of Rolls Royce enjoying further trades beyond 112.6, the sha ……..

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LSE:SCLP Scancell Close Mid-Price: 19.25 Percentage Change: -2.78% Day High: 19.75 Day Low: 19.25

Continued weakness against SCLP taking the price below 19.25 calculates a ……..

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LSE:SPX Spirax. Close Mid-Price: 12785 Percentage Change: + 0.47% Day High: 12900 Day Low: 12725

Further movement against Spirax ABOVE 12900 should improve acceleration t ……..

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

Eurasia Mining, gulp!

#Gold #SP500 Sometimes, a throw away comment can prove a little distressing. We last reviewed Eurasia Mining six months ago (link), being pretty positive for its long term future. As is our habit, we completed the roundup with a single sentence; “To finish on an easy note, the price needs fall below 26p to now cause utter panic.” Needless to say, in January of this year, the share price decided to explore what could happen if it dropped below 26p.

It hit a bottom at 14p and bounced, fairly unconvincingly, creating the sort of drama we dislike.

The immediate situation for this miner, operating in the back of beyond in Russia, is a little scary. Presently trading around 24p, the price only needs drill below 23.5p to enter a cycle where reversal to 19.5p calculates as very possible. We’d hope for a rebound at such a level, if only due to the presence of the immediate Red uptrend since the start of 2020. However, we rather suspect the share price shall attempt 14.7p in an attempt to scare investors silly and shake loose some shares. Given this level is marginally above the prior low, substantial hope exists for proper price recovery, should this level make an appearance.

Importantly, and perhaps crucially, we calculate “Ultimate Bottom” on this at 12p. This represents the level below which we can no longer calculate numbers. In most situations, should one of our ultimate bottoms break, a share price remains trapped in a twighlight zone, everyone telling each other a miracle shall surely happen.

 

This time, we’ll finish on a better note, thanks to the pretty contrived price movements visible against this share price. The entire scenario for reversal is perhaps just too obvious, making us suspect the converse may be just around the corner.

Any excuse to trade above 30p should be interesting, apparently capable of triggering recovery to an initial 41p. Visually, such an ambition makes a lot of sense. Our longer term secondary calculates at 54p, an aspiration which is truly amazing as it would take the share to price levels not seen for over 20 years. Needless to say, while we believe in our 41p calculation, we’ve considerable doubts about our workings which produced the 54p figure.

Hey, chart goes here

Many thanks to the folk who discovered something interesting in adverts on this page on Tuesday.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:56:21PM BRENT 70.57 Success
9:58:44PM GOLD 1900.01 1897 1892 1884 1904 1916 1922 1932 1903 Success
10:01:32PM FTSE 7076.73 Success
10:04:00PM FRANCE 6491.8 Success
10:06:18PM GERMANY 15573 Success
10:18:36PM US500 4200.67 4197 4184 4168 4212 4232 4259 4334 4196 Success
10:22:33PM DOW 34569 Success
10:25:12PM NASDAQ 13653 Success
10:27:29PM JAPAN 28726 ‘cess

 

1/06/2021 FTSE Closed at 7080 points. Change of 0.83%. Total value traded through LSE was: £ 5,201,214,939 a change of -13.74%
28/05/2021 FTSE Closed at 7022 points. Change of 0.04%. Total value traded through LSE was: £ 6,029,889,894 a change of -45.96%
27/05/2021 FTSE Closed at 7019 points. Change of -0.1%. Total value traded through LSE was: £ 11,159,138,786 a change of 114.44%
26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%
25/05/2021 FTSE Closed at 7029 points. Change of -0.31%. Total value traded through LSE was: £ 5,249,852,674 a change of 45.96%
24/05/2021 FTSE Closed at 7051 points. Change of 0.47%. Total value traded through LSE was: £ 3,596,890,836 a change of -36.82%
21/05/2021 FTSE Closed at 7018 points. Change of -100%. Total value traded through LSE was: £ 5,693,397,928 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:AV. Aviva** **LSE:BT.A British Telecom** **LSE:CCL Carnival** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:ITV ITV** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:RMG Royal Mail** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **LSE:TLW Tullow** **

********

Updated charts published on : Aviva, British Telecom, Carnival, Challenger Energy (aka Bahamas Pet), ITV, OPG Power Ventures, Oxford Instruments, Royal Mail, Sainsbury, Spirax, Tullow,

LSE:AV. Aviva. Close Mid-Price: 413 Percentage Change: + 0.44% Day High: 419.5 Day Low: 410.6

Further movement against Aviva ABOVE 419.5 should improve acceleration to ……..

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LSE:BT.A British Telecom. Close Mid-Price: 179.8 Percentage Change: + 2.83% Day High: 179.6 Day Low: 173.35

In the event of British Telecom enjoying further trades beyond 179.6, the ……..

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LSE:CCL Carnival. Close Mid-Price: 1819.2 Percentage Change: + 3.05% Day High: 1827.4 Day Low: 1751.8

All Carnival needs are mid-price trades ABOVE 1827.4 to improve accelerat ……..

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LSE:CEG Challenger Energy (aka Bahamas Pet) Close Mid-Price: 2.89 Percentage Change: -5.25% Day High: 3.05 Day Low: 2.85

Something finally appears to be happening, since their company name change ……..

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LSE:ITV ITV. Close Mid-Price: 131.5 Percentage Change: + 2.41% Day High: 131.85 Day Low: 128.45

Continued trades against ITV with a mid-price ABOVE 131.85 should improve ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 16.5 Percentage Change: -0.75% Day High: 16.75 Day Low: 16.25

If OPG Power Ventures experiences continued weakness below 16.25, it will ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2110 Percentage Change: + 1.93% Day High: 2160 Day Low: 1976

In the event of Oxford Instruments enjoying further trades beyond 2160, t ……..

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LSE:RMG Royal Mail. Close Mid-Price: 593.8 Percentage Change: + 2.63% Day High: 609.6 Day Low: 584.8

Further movement against Royal Mail ABOVE 609.6 should improve accelerati ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 267.9 Percentage Change: + 0.87% Day High: 268 Day Low: 264.7

Continued trades against SBRY with a mid-price ABOVE 268 should improve t ……..

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LSE:SPX Spirax. Close Mid-Price: 12725 Percentage Change: + 0.20% Day High: 12855 Day Low: 12660

Continued trades against SPX with a mid-price ABOVE 12855 should improve ……..

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LSE:TLW Tullow. Close Mid-Price: 55.96 Percentage Change: + 9.08% Day High: 58.12 Day Low: 51.3

In the event of Tullow enjoying further trades beyond 58.12, the share sh ……..

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

When will Barclays share price recover?

#Brent #Dax When we reviewed Barclays 3 weeks ago, we were breathlessly enthusiastic as to the share price prospects, if it would only exceed 191p. Presently trading around 183p, a visit to our trigger level was studiously avoided. Perhaps Boris celebrating his wedding and granting a weekend of good weather to a grateful nation shall do the trick! Or maybe not…

The trigger level for movement has melted downward, now standing at 188p.

Our software claims movements above 188p should now provoke price recovery to an initial 201p with secondary, if exceeded, calculating at 210p. A glance at the chart below reveals both ambitions take the share price solidly into Big Picture territory, a region where an iota above 210p can expect longer term price recovery toward 290p eventually. We can all hope something will get the party started. Our own preference shall be the market opting to “gap” the share price upward at the open anytime soon, ideally by around 10p above current. This will certainly broadcast a strong suggestion a recovery cycle is commencing, one where our Big Picture ambitions shall start to make sense.

 

One little puzzle has been recent news Barclays introduced restrictions on clients ability to transfer money to the leading crypto currency exchanges. Our curiosity is awakened as we cannot see how the bank intend make money from this maneuver. Unless we’re about to see crypto-currency exchanges run by the banks in the UK, perhaps intended to produce a respectable way of trading Bitcoin etc, allowing the current restrictions to be lifted. Despite the PR headlines advising the banks have introduced this restriction to protect their clients money, we’re more than a little suspicious as to Barclays real motives as banks rarely act in the best interest of clients, their own bottom line generally providing the driving force for decisions.

 

If everything intends go wrong for Barclays share price, it looks like below 169p shall prove troublesome, allowing the potential of weakness to an initial 150p. If broken, our longer term secondary calculates at 129p. Nothing is currently pointing in this direction. Hopefully Boris doesn’t award the nation with another lockdown, allowing him to drive to Barnard Castle in peace and quiet for a honeymoon.

All kidding aside, as someone who stays in a “destination” area, this holiday weekend allowed an amazing invasion of visitors. It also provided a sharp reminder of tourists being utterly incompetent when driving on “single track” roads, an entire field of highland cows opting to use a crash damaged fence to explore the wider area.

Once again, many thanks to those who find interesting adverts on this page.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop
10:08:10PM BRENT 69.47 68.61 68.315 67.83 69.15 69.77 69.925 70.38 69.1
10:10:35PM GOLD 1907.62 1901
10:12:50PM FTSE 7005.71 6996
10:14:42PM FRANCE 6447.8 6439
10:26:16PM GERMANY 15443 15409 15374 15315 15483 15550 15587.5 15647 15455
10:27:52PM US500 4193 4203
10:29:57PM DOW 34459 34515
10:31:57PM NASDAQ 13658 13673
10:33:26PM JAPAN 28905 29000
28/05/2021 FTSE Closed at 7022 points. Change of 0.04%. Total value traded through LSE was: £ 6,029,889,894 a change of -45.96%
27/05/2021 FTSE Closed at 7019 points. Change of -0.1%. Total value traded through LSE was: £ 11,159,138,786 a change of 114.44%
26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%
25/05/2021 FTSE Closed at 7029 points. Change of -0.31%. Total value traded through LSE was: £ 5,249,852,674 a change of 45.96%
24/05/2021 FTSE Closed at 7051 points. Change of 0.47%. Total value traded through LSE was: £ 3,596,890,836 a change of -36.82%
21/05/2021 FTSE Closed at 7018 points. Change of -0.03%. Total value traded through LSE was: £ 5,693,397,928 a change of 0.83%
20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AML Aston Martin** **LSE:BBY BALFOUR BEATTY** **LSE:CCL Carnival** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:EMG MAN** **LSE:HSBA HSBC** **LSE:IGAS Igas Energy** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:PMG Parkmead** **LSE:SPX Spirax** **LSE:STAN Standard Chartered** **

********

Updated charts published on : Aston Martin, BALFOUR BEATTY, Carnival, MAN, HSBC, Igas Energy, Lloyds Grp., Natwest, Parkmead, Spirax, Standard Chartered,

LSE:AML Aston Martin Close Mid-Price: 2106 Percentage Change: -0.80% Day High: 2178 Day Low: 2098

Further movement against Aston Martin ABOVE 2178 should improve accelerat ……..

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LSE:BBY BALFOUR BEATTY. Close Mid-Price: 310.8 Percentage Change: + 0.26% Day High: 313.4 Day Low: 303.6

Below 300 looks capable of an initial 293 with secondary, when broken, at ……..

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LSE:CCL Carnival. Close Mid-Price: 1765.4 Percentage Change: + 1.01% Day High: 1791.8 Day Low: 1754

In the event of Carnival enjoying further trades beyond 1791.8, the share ……..

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LSE:CEG Challenger Energy (aka Bahamas Pet) Close Mid-Price: 3.05 Percentage Change: -12.86% Day High: 3.5 Day Low: 1.66

??? ……..

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LSE:EMG MAN. Close Mid-Price: 178.2 Percentage Change: + 0.99% Day High: 179.85 Day Low: 176.8

Further movement against MAN ABOVE 179.85 should improve acceleration tow ……..

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LSE:HSBA HSBC. Close Mid-Price: 455.3 Percentage Change: + 1.13% Day High: 462 Day Low: 453.95

All HSBC needs are mid-price trades ABOVE 462 to improve acceleration tow ……..

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LSE:IGAS Igas Energy Close Mid-Price: 16.9 Percentage Change: -5.06% Day High: 17.8 Day Low: 16.2

In the event Igas Energy experiences weakness below 16.2 it calculates wi ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 49.89 Percentage Change: -0.03% Day High: 50.1 Day Low: 49.51

Continued trades against LLOY with a mid-price ABOVE 50.1 should improve ……..

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LSE:NWG Natwest. Close Mid-Price: 207 Percentage Change: + 0.53% Day High: 209.1 Day Low: 206.4

Continued trades against NWG with a mid-price ABOVE 209.1 should improve ……..

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LSE:PMG Parkmead. Close Mid-Price: 42.45 Percentage Change: + 3.54% Day High: 0 Day Low: 0

It appears writ large, movement next below 41p should attempt reversal to ……..

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LSE:SPX Spirax Close Mid-Price: 12700 Percentage Change: -0.55% Day High: 12810 Day Low: 12645

Target met. In the event of Spirax enjoying further trades beyond 12810, ……..

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LSE:STAN Standard Chartered. Close Mid-Price: 507.8 Percentage Change: + 0.24% Day High: 516.6 Day Low: 508

This is starting to exhibit mildly hopeful symptoms of some optimism for t ……..

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

FTSE for Friday. When the world visits!

#FTSE #Nasdaq  Our amazingly popular weekly article, usually complaining about the UK FTSE 100 index has, for some reason, been attracting a lot of attention from Indonesia. Visitor numbers from that country proved sufficient to make it the 2nd most popular source of traffic, after the UK. The US, China, Germany, and France trailed behind with our unknown friends on Reunion Island now pushed far down the lists. Despite the thrill of reviewing where folk are based, another slight thrill is starting to grab our attention.

 

We’ve shown one of our insets on the chart, a close up of the uptrend (Red) since 2009. There’s a pretty easy conclusion to be drawn of a market, perfectly aware of this trends existence. For today, when we extrapolate this trend line, the FTSE 100 only needs close above 7029 to regain the trend. The implications thereafter are quite extraordinary, the Big Picture currently claiming the potential of recovery to a believable 7377 points.

Despite our unbreakable belief the FTSE shall experience considerable hesitation around the 7550 level (the pre-pandemic high), in the event the FTSE somehow trades above this initial 7377 target, we’re now able to calculate a longer term attraction at 8112 points. This would represent a new all time high for the UK, levels of confidence which are a surprise, given the impact of Brexit and Covid on the country. Our hope for the future is also built upon the FTSE following the example from other international markets, all of which it’s still lagging behind.

Hey, chart goes here

As for the immediate market potentials, this week has been pretty dire with the index continually failing to act properly, when faced with downward triggers or upward triggers. The trading range daily has been around 40 points which, for an index in the 7,000’s, is quite a disappointment. There’s a certain threat of movement below 6998 points forcing reversal to a useless 6980 points. If broken, our secondary calculates at 6930 points. Beware any trigger which occurs in the first second of trade on the FTSE as it’s liable to prove a fake!

If this reversal scenario triggers, the tightest stop feels like 7035 points.

 

Our alternate, the gain scenario, feels more probable. Movement above 7035 points should make an attempt at 7060 points initially. If exceeded, our secondary ambition works out at 7110 points and a decent start to the holiday weekend.

Hey, chart goes here

Special holiday weekend thanks to the folk who found some of the adverts on this page fascinating yesterday.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:16:04PM BRENT 69.25 67.92 67.58 68.54 69.29 69.46 68.38
10:17:44PM GOLD 1896 1888 1879 1899 1903 1906 1892 ‘cess
10:19:38PM FTSE 7041.84 6998 6988 7029 7045 7059.5 7011
10:32:26PM FRANCE 6438 6406 6397 6444 6466 6471.5 6420 Success
10:36:20PM GERMANY 15467 15350 15320 15447 15489 15528 15391 ‘cess
10:38:13PM US500 4212.07 4181 4172 4202 4214 4220.5 4197
10:40:37PM DOW 34566 34380 34284 34478 34614 34652 34455 Shambles
10:42:30PM NASDAQ 13695 13620 13598.5 13700 13735 13773.5 13637
10:45:12PM JAPAN 28898 28343 28214 28576 28904 28981.75 28740 Success
27/05/2021 FTSE Closed at 7019 points. Change of -0.1%. Total value traded through LSE was: £ 11,159,138,786 a change of 114.44%
26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%
25/05/2021 FTSE Closed at 7029 points. Change of -0.31%. Total value traded through LSE was: £ 5,249,852,674 a change of 45.96%
24/05/2021 FTSE Closed at 7051 points. Change of 0.47%. Total value traded through LSE was: £ 3,596,890,836 a change of -36.82%
21/05/2021 FTSE Closed at 7018 points. Change of -0.03%. Total value traded through LSE was: £ 5,693,397,928 a change of 0.83%
20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%

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:AML Aston Martin** **LSE:CBX Cellular Goods** **LSE:HIK Hikma** **LSE:IGAS Igas Energy** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:POLY Polymetal** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **LSE:TW. Taylor Wimpey** **LSE:ZOL Zoldav** **

********

Updated charts published on : Applied Graphene, Aston Martin, Cellular Goods, Hikma, Igas Energy, Lloyds Grp., Natwest, Polymetal, Sainsbury, Spirax, Taylor Wimpey, Zoldav,

LSE:AGM Applied Graphene. Close Mid-Price: 31 Percentage Change: + 5.44% Day High: 31 Day Low: 30

If Applied Graphene experiences continued weakness below 30, it will inva ……..

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LSE:AML Aston Martin. Close Mid-Price: 2123 Percentage Change: + 5.46% Day High: 2119 Day Low: 1986

In the event of Aston Martin enjoying further trades beyond 2119, the sha ……..

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LSE:CBX Cellular Goods Close Mid-Price: 6.15 Percentage Change: -4.21% Day High: 6.45 Day Low: 6.1

In the event Cellular Goods experiences weakness below 6.1 it calculates ……..

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LSE:HIK Hikma Close Mid-Price: 2454 Percentage Change: -1.56% Day High: 2515 Day Low: 2462

Target met. Further movement against Hikma ABOVE 2515 should improve acce ……..

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LSE:IGAS Igas Energy Close Mid-Price: 17.8 Percentage Change: -11.00% Day High: 19.2 Day Low: 17.8

If Igas Energy experiences continued weakness below 17.8, it will invaria ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.91 Percentage Change: + 3.08% Day High: 49.62 Day Low: 48.24

All Lloyds Grp. needs are mid-price trades ABOVE 49.62 to improve acceler ……..

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LSE:NWG Natwest. Close Mid-Price: 205.9 Percentage Change: + 2.13% Day High: 207.1 Day Low: 200.3

^ Now worth a watch, it appears NWG are preparing to move soon. Above 207. ……..

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LSE:POLY Polymetal. Close Mid-Price: 1726.5 Percentage Change: + 0.82% Day High: 1735 Day Low: 1709

Continued trades against POLY with a mid-price ABOVE 1735 should improve ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 266 Percentage Change: + 1.06% Day High: 267 Day Low: 261.7

All Sainsbury needs are mid-price trades ABOVE 267 to improve acceleratio ……..

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LSE:SPX Spirax. Close Mid-Price: 12770 Percentage Change: + 1.55% Day High: 12760 Day Low: 12530

Target met. All Spirax needs are mid-price trades ABOVE 12760 to improve ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 167 Percentage Change: -3.27% Day High: 172.8 Day Low: 166.9

If Taylor Wimpey experiences continued weakness below 166.9, it will inva ……..

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LSE:ZOL Zoldav Close Mid-Price: 25 Percentage Change: -1.96% Day High: 25.5 Day Low: 24.5

If Zoldav experiences continued weakness below 24.5, it will invariably l ……..

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

Will Vodafone Jump The Gap?

#France #SP500 There’s something extremely curious going on with the stock market and Vodafone’s share price. In fact, we’ve never seen this sort of thing before. Vodafone continues to frustrate, due to its lack of realistic movements. For instance, the drop last year to 93p was, from our perspective, arithmetically correct, reaching a calculated target and going no further. In the period since, briefly achieving 140p wasn’t the most exciting interaction with its long term Red uptrend.

This long term Red uptrend makes us question what the heck the market is playing at with Vodafone. We’ve shown three zoomed in areas where we question some price movements. It’s worth remembering the Red line dates back to 2002, clearly something the stock market attaches a lot of importance to.

Exhibit One; In March 2020, the market gapped the price below the historical Red uptrend. Not a big deal, we thought. Just a Covid thing.

Exhibit Two. In June 2020, Vodafone looked like it was enacting recovery. The market said “nope”, promptly gapping the share price down below the historical Red uptrend.

Exhibit Three. In May 2021, Vodafone yet again looked like it was trying for recovery. The market again said “nope”, gapping the share price safely below the historical Red uptrend.

 

While a chart pattern clearly hasn’t formed, a pattern of behaviour surely makes itself clear. In the period to which we refer, the FTSE has struggled against recovery and at times we’ve felt the market itself was the enemy, determined for the FTSE 100 to founder while European and American markets flourished. It remains a surprise how the UK AIM market, for years the “whipping boy” amongst UK indices, essentially is matching US price strengths, while the FTSE 100 does its own thing.

As gaps are, essentially, share price manipulation, it begs the question as to what’s going on? Surely if this deliberate restraint continues, some of the market grown ups must start asking questions?

 

We’re almost at a loss regarding Vodafone current prospects. With every attempt at recovery being reversed by “trading gaps”, we can only suspect Vodafone needs gapped UP above Red to indicate a change of heart, along with a strong suggestion pointing at sustained recovery. At present, if Vodafone exceeded 140p, we’d be fairly certain movement in the direction of 164p was ahead. If exceeded, our secondary calculates at a longer term 188p and importantly, moves the share price into pole position for challenging price levels not seen since 2016.

Thanks to the repeated gapping behaviour, we’d now experience considerable alarm if the market ever discovered an excuse to move Vodafone below 93p. Such treacherous territory allows for an ultimate bottom of 51p.

Hey, chart goes here

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:43:33PM BRENT 68.71 ‘cess
10:10:44PM GOLD 1896.62
10:12:35PM FTSE 7031.96
10:14:36PM FRANCE 6395 6373 6355.5 6332 6394 6402 6412 6425 6387 ‘cess
10:29:44PM GERMANY 15455 ‘cess
10:31:28PM US500 4196 4181 4171 4159 4206 4214 4220 4233 4194
10:36:42PM DOW 34336
10:37:20PM NASDAQ Nothing new to report. Flat as a pancake, boring and sleep ing
10:38:49PM JAPAN 28599 Success

26/05/2021 FTSE Closed at 7026 points. Change of -0.04%. Total value traded through LSE was: £ 5,203,804,555 a change of -0.88%
25/05/2021 FTSE Closed at 7029 points. Change of -0.31%. Total value traded through LSE was: £ 5,249,852,674 a change of 45.96%
24/05/2021 FTSE Closed at 7051 points. Change of 0.47%. Total value traded through LSE was: £ 3,596,890,836 a change of -36.82%
21/05/2021 FTSE Closed at 7018 points. Change of -0.03%. Total value traded through LSE was: £ 5,693,397,928 a change of 0.83%
20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%
18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%

 

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.

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:GENL Genel** **LSE:IGAS Igas Energy** **LSE:MKS Marks and Spencer** **LSE:OPG OPG Power Ventures** **LSE:OXIG Oxford Instruments** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:SPX Spirax** **LSE:VEC Vectura** **

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Updated charts published on : Avacta, Centamin, Diageo, MAN, Genel, Igas Energy, Marks and Spencer, OPG Power Ventures, Oxford Instruments, Polymetal, Royal Mail, Spirax, Vectura,

LSE:AVCT Avacta. Close Mid-Price: 253.2 Percentage Change: + 1.44% Day High: 253 Day Low: 243.5

This one is fairly straightforward, giving a visual representation of hesi ……..

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LSE:CEY Centamin Close Mid-Price: 121.15 Percentage Change: -0.29% Day High: 123.65 Day Low: 121.25

In the event of Centamin enjoying further trades beyond 123.65, the share ……..

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LSE:DGE Diageo. Close Mid-Price: 3409.5 Percentage Change: + 0.35% Day High: 3430.5 Day Low: 3388.5

In the event of Diageo enjoying further trades beyond 3430.5, the share s ……..

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LSE:EMG MAN Close Mid-Price: 176.9 Percentage Change: -0.14% Day High: 179.1 Day Low: 176.15

In the event of MAN enjoying further trades beyond 179.1, the share shoul ……..

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LSE:GENL Genel Close Mid-Price: 137.4 Percentage Change: -1.58% Day High: 139.6 Day Low: 136.4

Continued weakness against GENL taking the price below 136.4 calculates a ……..

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LSE:IGAS Igas Energy Close Mid-Price: 20 Percentage Change: -1.96% Day High: 20.8 Day Low: 19.2

Continued weakness against IGAS taking the price below 19.2 calculates as ……..

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LSE:MKS Marks and Spencer. Close Mid-Price: 169.2 Percentage Change: + 8.50% Day High: 173.25 Day Low: 158.85

Further movement against Marks and Spencer ABOVE 173.25 should improve ac ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 16.75 Percentage Change: -2.90% Day High: 17.25 Day Low: 16.75

Weakness on OPG Power Ventures below 16.75 will invariably lead to 14p. I ……..

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2060 Percentage Change: + 0.24% Day High: 2150 Day Low: 2010

Continued trades against OXIG with a mid-price ABOVE 2150 should improve ……..

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LSE:POLY Polymetal. Close Mid-Price: 1712.5 Percentage Change: + 0.97% Day High: 1731.5 Day Low: 1706.5

All Polymetal needs are mid-price trades ABOVE 1731.5 to improve accelera ……..

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LSE:RMG Royal Mail. Close Mid-Price: 595.8 Percentage Change: + 1.64% Day High: 600.8 Day Low: 587.4

Continued trades against RMG with a mid-price ABOVE 600.8 should improve ……..

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LSE:SPX Spirax. Close Mid-Price: 12575 Percentage Change: + 1.13% Day High: 12615 Day Low: 12370

Target met. Further movement against Spirax ABOVE 12615 should improve ac ……..

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LSE:VEC Vectura. Close Mid-Price: 163.2 Percentage Change: + 33.77% Day High: 163.8 Day Low: 159.4

Target met. Continued trades against VEC with a mid-price ABOVE 163.8 sho ……..

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