Will Rolls Royce fly again?

#BrentCrude #SP500  We keep stumbling across references to Rolls Royce and electricity. From cunning plans to power cities, using small nuclear reactors, to the news they intend fly a light aircraft above 300mph, creating a new world record, pretty clear signals are being given of a coming attempt to expand beyond dependence on large aircraft engines. The funny thing about their revolutionary light aircraft, it has a passing resemblance to the original Supermarine Spitfire, testament a 80 year old airframe design didn’t miss the mark!

Hey, chart goes here

 

Of course, those of us who’d been expecting flying cars by now remain disappointed at the lack of progress from an industry where aerodynamics peaked and now, we’re forced to await changes in propulsion technology, surely the reason Rolls Royce are in business.

 

As expected, the company announced massive losses for 2020, the pandemic stifling any demand from a grounded aviation industry. As Rolls Royce don’t actually sell engines to the aviation industry, the pandemic hit hard. The clever plan of leasing engines to operators worked well when Rolls Royce could charge when their engines were being used. But with air travel effectively grounded, Rolls Royce lost its major income stream as they only were paid for every hour their engines were in use. Doubtless, with a return to normality, Rolls Royce shall again find dollar signs flowing out of the taps at their Derby offices.

In terms of share price, since February we’ve been expecting Rolls Royce to bottom around 82p, a number which has assumed magical qualities and remained utterly invisible. Instead, the lowest achieved has been around 100p and we’re starting to suspect some real strength may be waiting below the surface. This being the case, we can assemble a scenario where near term movement above 110p should promote price recovery toward a fairly useful 130p. Visually, there’s a heck of an argument anticipating some hesitation, should the 130p level make an appearance. Only with closure above the 130p shall we feel justified in expressing hope for the longer term as a complex path toward 204p becomes possible.

This, unfortunately, represents a target of a 1/3rd of Rolls Royce pre-pandemic price, suggesting the share has a long way to go to promote the concept of miracle growth. Visually, the price needs close above the immediate Blue downtrend, currently 290p, to hint at the presence of true climbing ability. We think Rolls Royce shall merit close attention, should the market find reason to start “gapping” the price up at the open. Any initiative such as this is liable to make the share move faster than price behaviour for this year indicates.

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
1:00:31PM BRENT 63.1 62.9 62.16 61.17 64.2 64.78 65.725 66.85 63.64
1:02:17PM GOLD 1725.53
1:03:40PM FTSE 6783
1:06:51PM FRANCE 6135
1:10:37PM GERMANY 15181
1:12:31PM US500 4041 4030 4024.5 4018 4039 4044 4049 4115 4030
1:14:52PM DOW 33368
1:17:25PM NASDAQ 13384
1:19:02PM JAPAN 30090

1/04/2021 FTSE Closed at 6737 points. Change of 0.36%. Total value traded through LSE was: £ 4,951,625,470 a change of -27.29%
31/03/2021 FTSE Closed at 6713 points. Change of -0.87%. Total value traded through LSE was: £ 6,810,341,283 a change of 35.19%
30/03/2021 FTSE Closed at 6772 points. Change of 0.53%. Total value traded through LSE was: £ 5,037,784,451 a change of -0.62%
29/03/2021 FTSE Closed at 6736 points. Change of -0.06%. Total value traded through LSE was: £ 5,069,344,780 a change of -13.54%
26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%
25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:KAZ Kaz Minerals** **LSE:OPG OPG Power Ventures** **LSE:SPX Spirax** **

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Updated charts published on : Experian, IG Group, Intercontinental Hotels Group, Kaz Minerals, OPG Power Ventures, Spirax,

LSE:BLOE Block Energy PLC Close Mid-Price: 2.35 Percentage Change: -6.00% Day High: 2.5 Day Low: 2.27

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LSE:EXPNLSE:EXPN Experian. Close Mid-Price: 2546 Percentage Change: + 1.96% Day High: 2557 Day Low: 2506

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LSE:IGGLSE:IGG IG Group. Close Mid-Price: 909.5 Percentage Change: + 0.94% Day High: 915.5 Day Low: 900.5

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LSE:IHGLSE:IHG Intercontinental Hotels Group. Close Mid-Price: 5044 Percentage Change: + 1.39% Day High: 5070 Day Low: 4980

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 867.8 Percentage Change: + 0.09% Day High: 870 Day Low: 866

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LSE:OPGLSE:OPG OPG Power Ventures. Close Mid-Price: 20.25 Percentage Change: + 5.19% Day High: 20.25 Day Low: 19.25

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LSE:SPXLSE:SPX Spirax. Close Mid-Price: 11590 Percentage Change: + 1.67% Day High: 11640 Day Low: 11410

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

Will Natwest Group Roll Away the Stone?

#FTSE #GOLD It seems apt to cover Natwest in this, our final analysis before Easter. After all, the whole festival is dedicated to the concept of rising from the dead with the result a hard look at a UK retail bank makes some sense. It’s certainly the case, from our previous report, if a stone is indeed being wheeled away from impeding Natwest rise from the grave, the process is proving exquisitely slow despite the potential of resurrection being triggered!

 

When we last covered Natwest, we were fairly comfortable a nudge beyond 194p should produce share price recovery to 211p. Earlier this month on March 19th, the magical triggering move happened and in the intervening period, the highest achievement for Natwest has been a pretty lame 199p. Does this mean our previous scenario was wrong and should now be ignored?

We don’t think so, instead suspecting the lethargy infecting Natwest is another symptom of something greater which encompasses the FTSE itself. During late February and March, we’ve seen numerous shares move upward, in the process triggering levels which should produce entry to useful gain cycles. Across Europe, similar trigger levels being exceeded have all tended produce significant price movements, just not for shares in the UK market. Those who ‘play’ the FTSE will be painfully aware of the index’ malaise for the last few months and unfortunately, one of our trite sayings “If it ain’t going up, it’s going down!” looks threatening. Currently, the French market (CAC40) is playing what seems like a similar game to the FTSE but there is an important difference. The CAC40 is hesitating while the index challenges the pre-Covid market high, whereas the FTSE is catatonic nearly 1,000 points below such a level.

It’s not a pretty sight but we’re mildly optimistic for the future.

Should the FTSE stagger above 6,900 points, many shares which are presently lethargic have the potential to burst into life as they emerge from their caves.

 

The scenario for Natwest can now be moderated to read; above 199p now calculates as capable of 215p with secondary, if exceeded, calculating at 256p. These numbers represent a very modest change to our previous thoughts as our price targets are calculated according to price movements. It’s complicated but expectations can evolve. While it’s still the case some hesitation is suspected around the 250p level (if only due to the historical visuals), there is a longer term facet in this scenario which presents a distant 365p as an attraction for the infinitely patient, or at least those patient enough to stay alive that long!

 

Natwest needs devalue below 165p to cause trouble, allowing weakness down to 142p.

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
9:51:56PM BRENT 62.98 62.47 61.65 63.7 64.8 65.605 63.75 ‘cess
9:54:23PM GOLD 1708.62 1681 1674.5 1690 1716 1721.5 1704 Success
10:06:46PM FTSE 6731 6711 6704 6741 6748 6763.5 6716
10:09:44PM FRANCE 6066 6057 6047 6085 6088 6097.5 6060 Shambles
10:11:46PM GERMANY 15017 14952 14931 15024 15051 15076.5 14983 ‘cess
10:13:47PM US500 3975.77 3951 3939.5 3971 3990 4000 3972 Success
10:19:13PM DOW 33035 32991 32949.5 33071 33170 33204.5 33066
10:20:48PM NASDAQ 13101 12880 12847.5 12955 13170 13219.5 13031
10:23:02PM JAPAN 29332 29122 28961.5 29302 29420 29516 29265 ‘cess

31/03/2021 FTSE Closed at 6713 points. Change of -0.87%. Total value traded through LSE was: £ 6,810,341,283 a change of 35.19%
30/03/2021 FTSE Closed at 6772 points. Change of 0.53%. Total value traded through LSE was: £ 5,037,784,451 a change of -0.62%
29/03/2021 FTSE Closed at 6736 points. Change of -0.06%. Total value traded through LSE was: £ 5,069,344,780 a change of -13.54%
26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%
25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BLOE Block Energy PLC** **LSE:BT.A British Telecom** **LSE:DDDD 4D Pharma** **LSE:EXPN Experian** **LSE:IGG IG Group** **LSE:MRW Morrisons** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:PMG Parkmead** **LSE:POG Petrop etc** **LSE:VOG VICTORIA** **

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Updated charts published on : Block Energy PLC, British Telecom, 4D Pharma, Experian, IG Group, Morrisons, Natwest, Omega Diags, Parkmead, Petrop etc, VICTORIA,

LSE:BLOE Block Energy PLC Close Mid-Price: 2.5 Percentage Change: -5.66% Day High: 2.6 Day Low: 2.3

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LSE:BT.ALSE:BT.A British Telecom. Close Mid-Price: 154.8 Percentage Change: + 0.72% Day High: 157.7 Day Low: 154.5

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LSE:DDDDLSE:DDDD 4D Pharma. Close Mid-Price: 112.5 Percentage Change: + 2.74% Day High: 115 Day Low: 102

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LSE:EXPN Experian Close Mid-Price: 2497 Percentage Change: -0.52% Day High: 2520 Day Low: 2489

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LSE:IGGLSE:IGG IG Group. Close Mid-Price: 901 Percentage Change: + 1.58% Day High: 907.5 Day Low: 885

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LSE:MRWLSE:MRW Morrisons. Close Mid-Price: 182.45 Percentage Change: + 0.22% Day High: 184 Day Low: 180.8

All Morrisons needs are mid-price trades ABOVE 184 to improve acceleratio ……..

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LSE:NWG Natwest Close Mid-Price: 196.25 Percentage Change: -0.53% Day High: 199.35 Day Low: 195.7

Continued trades against NWG with a mid-price ABOVE 199.35 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 80.5 Percentage Change: -1.23% Day High: 82 Day Low: 77.5

If Omega Diags experiences continued weakness below 77.5, it will invaria ……..

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LSE:PMGLSE:PMG Parkmead. Close Mid-Price: 37.5 Percentage Change: + 5.93% Day High: 39 Day Low: 36.9

In the event of Parkmead enjoying further trades beyond 39, the share sho ……..

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LSE:POG Petrop etc Close Mid-Price: 23.85 Percentage Change: -1.04% Day High: 24.2 Day Low: 22.8

In the event Petrop etc experiences weakness below 22.8 it calculates wit ……..

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LSE:VOG VICTORIA Close Mid-Price: 3.9 Percentage Change: -8.24% Day High: 4.25 Day Low: 3.75

If VICTORIA experiences continued weakness below 3.75, it will invariably ……..

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

Astrazeneca Plc, no good deed…

On the eve of our Covid jag, we reviewed #Astrazeneca in February, speculating on a bottom of 6,776p, something the share price achieved and crucially, did not close a session below. Now, as we count down the hours until our 2nd injection, it’s worth taking another glance at this share, the price starting to show some interesting potentials. The bigger question the folks at Astrazeneca must be asking themselves is why they bothered?

From personal experience, we’ve no idea whether their vaccine works as the absence of infection in no way tells if there has been any exposure. Here in the sticks of Scotland, doubtless not but a few positive features of the experience are noteworthy. There were no side effects experienced, quite the converse. The writer has “enjoyed” chemotherapy twice in the last 2 years, thanks to incurable (non-fatal if treated) leukaemia. As a result, constant monitoring of the immune system kept showing a few tiny little problems which proved rather frightening. Following the initial Astrazeneca injection, there was a vivid improvement in the immune system, along with a (thankfully) sharp increase in the bodies platelet counts, meaning shaving no longer was a battle of thousands of cuts. In addition, quite apt at this time of year, white bedding no longer looking like it was doing a ‘Turin Shroud’ impersonation every morning. Such was the change in blood test results, the vampires at the hospital insisted on tests every fortnight since the Astrazeneca vaccine was administered, finally conceding grudgingly they didn’t want to see me for a few months.

 

However, Astrazeneca must sometimes with they’d never toyed with the idea of doing something good.

The company appear to be used as a political football by various governments, surely straining the patience of senior management quite unfairly. Most of them will be in their positions to “do business, not do politics” and any research behind headline scare stories has tended to reveal the biggest issues with their vaccine came from politicians bending in the wind as they attempt to portray themselves as competent, something the pandemic has tended illuminate was deadly clarity. The word ‘Politician’ should not be used in the same sentence as ‘Competent’, certainly as far as most world leaders are concerned.

 

However, last time around we’d a suspicion AZN’s price was about to experience some reversals but this time, we’re no longer comfortable this is the case. This week has seen the share price exceed the Blue downtrend since July 2020, giving considerable hope some gains may finally be coming. Near term, above 7,408 looks capable of triggering slight gains to an initial 7,662p. If bettered, our longer term secondary calculates at 8,150p. At such a level, our software demands the price actually close above 8,150p to give a “Game Changing” impression, dumping the share in territory where there’s a reasonable expectation a long term cycle target of 10,800p and a new all time high is possible.

For everything to go horribly wrong, the share price needs trade below 6,700p, risking commencing a drop cycle toward 5,439p.

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
9:45:33PM BRENT 64.12
9:47:46PM GOLD 1684 Success
9:51:18PM FTSE 6772.88 6728 6697.5 6666 6759 6791 6812 6840 6761 ‘cess
9:55:57PM FRANCE 6089 Success
9:59:20PM GERMANY 14985 Success
10:08:59PM US500 3959.12 3943 3934.5 3919 3967 3974 3982 3995 3947
10:11:18PM DOW 33065.2
10:11:36PM NASDAQ 12905 Nothing New To Say So Will Say Nothing
10:13:14PM JAPAN 29315 29267 29186 29073 29418 29525 29573.5 29665 29370

 

 

30/03/2021 FTSE Closed at 6772 points. Change of 0.53%. Total value traded through LSE was: £ 5,037,784,451 a change of -0.62%
29/03/2021 FTSE Closed at 6736 points. Change of -0.06%. Total value traded through LSE was: £ 5,069,344,780 a change of -13.54%
26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%
25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%

 

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BARC Barclays** **LSE:BLVN Bowleven** **LSE:FRES Fresnillo** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:POLY Polymetal** **LSE:STAN Standard Chartered** **LSE:ZOL Zoldav** **

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Updated charts published on : Aviva, Barclays, Bowleven, Fresnillo, Kaz Minerals, Lloyds Grp., Polymetal, Standard Chartered, Zoldav,

LSE:AV.LSE:AV. Aviva. Close Mid-Price: 412.2 Percentage Change: + 2.72% Day High: 413.3 Day Low: 404

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LSE:BARCLSE:BARC Barclays. Close Mid-Price: 189.14 Percentage Change: + 4.86% Day High: 190 Day Low: 182.4

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LSE:BLVN Bowleven Close Mid-Price: 4.75 Percentage Change: -17.39% Day High: 5.25 Day Low: 3.5

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LSE:FRES Fresnillo Close Mid-Price: 857.4 Percentage Change: -4.05% Day High: 898 Day Low: 853.4

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 866.4 Percentage Change: + 0.16% Day High: 868.6 Day Low: 864.2

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LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 43.1 Percentage Change: + 2.47% Day High: 43.16 Day Low: 42.45

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LSE:POLY Polymetal Close Mid-Price: 1389.5 Percentage Change: -1.73% Day High: 1429 Day Low: 1382

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LSE:STANLSE:STAN Standard Chartered. Close Mid-Price: 513.6 Percentage Change: + 2.31% Day High: 514 Day Low: 503.4

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LSE:ZOL Zoldav Close Mid-Price: 29 Percentage Change: -1.69% Day High: 29 Day Low: 28.5

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

Will Novacyt go Buzz Lightyear again?

#GoldFutures #DowFutures We reviewed Novacyt over a year ago, before Covid-19 was known to be the thing it is. On the chart, we’d given a potential high of 299p, not for a moment expecting it’d be true and ultimately utterly eclipsed during the ensuing year. It’s probably safe to say their testing kits are proving game changing for the company (and investor) fortunes as the price entered Buzz Lightyear territory (Infinity and Beyond!) when it achieved 1260p last October.

The months since the high have seen the price ‘hesitate’, literally halving in value and scaring the pants off investors. Despite the share recovering to almost the level of the previous high, we’re a little cautious as the price both failed to close above the highest closing price (1190p vs 1194p) nor did it trade above its prior highest intraday price (1206p vs 1260p). Neither of these statistics give confidence, both movements failing to achieve the desired “Higher Highs” so loved by analysts. From our own perspective, there was a 3rd issue as we calculated the potential of 1236p as a high for January this year. Instead, the share price only achieved 1206p, then dropped like a cliche.

 

As we’re able to prove three points of weakness, we feel it wisest to examine scenario capable of provoking reversals. Below 630p looks the most obvious early warning and with the price trading around 682p at time of writing, the share does not need work hard to cause alarm. Trading below 630p looks capable of triggering reversals to an initial 420p with secondary, if broken, at an ultimate bottom of 194p. To be honest, we do not trust these numbers for several reasons.

Firstly, the plethora of “If you want in, you’re getting a test” situations shouldn’t surprise and it’s unlikely this situation shall ease. We suspect quite the converse shall prove true. In addition, last January Novacyt reports a 20 fold increase in revenue in what was described as a transformational year. Neither statement exactly screams caution for share price movements against one of the leading companies providing testing kits.

 

When we review their share price movements since the start of February, it looks clear the company need only trade above 830p to again become interesting. In such a scenario, we’re calculating the potential of recovery to an initial 967p with secondary, if bettered, at a fairly noncommittal 1158p. Our secondary comes with an important caveat. Should such a rise be powered by positive news flow for the company, the share could easily accelerate to 1527p.

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
10:52:56PM BRENT 65.17 Success
10:56:24PM GOLD 1712.47 1705 1699.5 1681 1725 1726 1733 1742 1721 Success
10:58:30PM FTSE 6773
11:00:28PM FRANCE 6031
11:03:04PM GERMANY 14879
11:05:11PM US500 3976.22
11:07:04PM DOW 33210 32864 32715.5 32534 32988 33261 33291 33352 33080
11:08:30PM NASDAQ 12988
11:10:43PM JAPAN 29361
29/03/2021 FTSE Closed at 6736 points. Change of -0.06%. Total value traded through LSE was: £ 5,069,344,780 a change of -13.54%
26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%
25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:DDDD 4D Pharma** **LSE:FOXT Foxtons** **LSE:IQE IQE** **LSE:LLOY Lloyds Grp.** **LSE:PPC President Energy** **LSE:SPX Spirax** **LSE:ZOL Zoldav** **

********

Updated charts published on : BALFOUR BEATTY, 4D Pharma, Foxtons, IQE, Lloyds Grp., President Energy, Spirax, Zoldav,

LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 301.2 Percentage Change: + 0.07% Day High: 305 Day Low: 298.4

Target met. In the event of BALFOUR BEATTY enjoying further trades beyond ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 110.5 Percentage Change: -3.49% Day High: 115 Day Low: 108.5

This is getting dodgy as weakness below 108 looks very capable of hitting ……..

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LSE:FOXTLSE:FOXT Foxtons. Close Mid-Price: 62 Percentage Change: + 1.64% Day High: 62.6 Day Low: 58.8

Even below 57 would now cause alarm, calculating with weakness to an initi ……..

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LSE:IQELSE:IQE IQE. Close Mid-Price: 61.4 Percentage Change: + 8.77% Day High: 62.45 Day Low: 54.75

If IQE experiences continued weakness below 54.75, it will invariably lea ……..

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LSE:LLOY Lloyds Grp. Close Mid-Price: 42.06 Percentage Change: -0.46% Day High: 42.47 Day Low: 41.76

All Lloyds Grp. needs are mid-price trades ABOVE 42.47 to improve acceler ……..

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LSE:PPC President Energy Close Mid-Price: 2 Percentage Change: -2.44% Day High: 2.05 Day Low: 1.98

In the event President Energy experiences weakness below 1.98 it calculat ……..

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LSE:SPX Spirax Close Mid-Price: 11410 Percentage Change: -0.78% Day High: 11605 Day Low: 11325

This has effectively fallen asleep for the last few months, failing to sho ……..

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LSE:ZOL Zoldav Close Mid-Price: 29.5 Percentage Change: -4.84% Day High: 31 Day Low: 29.5

Continued weakness against ZOL taking the price below 29.5 calculates as ……..

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

Excitement for GlaxoSmithKline Plc?

#BrentCrude #DAX_Futures With tonight’s Top Gear filmed, almost literally on our doorstep here in Argyll, editing of the program provided a reminder of a finished product rarely reflecting reality. For instance, the runway scenes at Oban Airport, seamlessly skipping to the lighthouse & lightbulb saga, concealed something quite funny. Typically, to get from that airport to that lighthouse involves a pretty hard 3+ hour drive, doubtless an unpleasant surprise for whoever planned the episode. When mixed with only 7 hours of daylight when filmed, it’s certain there were some major challenges behind the scenes.

The announcement by GSK on Friday, seeking emergency authorization in the US for their new Covid antibody drug, served to remind just because GSK have been fairly absent from the raft of drug companies promising miracle cures, behind the scenes they’ve obviously been pretty busy. It’s interesting their “antibody” solution is the same class of treatment used last year to treat US President Trump and few folk will ever forget his fast, almost suspiciously fast, recovery from Covid-19.

We’re curious as to whether GSK share price shall experience a pandemic surge?

 

The recent fall to 1190p was quite curious, achieving a bottom with arithmetic precision according to our favourite logic. The subsequent rebound has taken a fascinating path, now suggesting share price growth above 1312p (trading around 1297 at time of writing) should promote price recovery toward an initial 1384p. Visually this implies a looming challenge against the downtrend since 2020 but in the event the price manages exceed 1384p, things calculate with some fairly strong numbers. Our “longer term” secondary works out at 1524p, solidly confirming a break above the Blue downtrend. In this instance, we can regard 1743p as exerting a long term lure for some proper share price growth.

 

For things to go wrong, the price needs slip below 1190p as we can calculate a path commencing toward a future bottom of 979p eventually. Visually, it looks unlikely.

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
4:21:06AM BRENT 64.31 62.5 61.775 60.79 63.67 64.77 65.415 66.52 63 Success
7:24:26PM GOLD 1732.97
7:27:35PM FTSE 6769 Success
7:31:44PM FRANCE 6018.8 ‘cess
4:22:24PM GERMANY 14844 14672 14610 14528 14772 14856 14916.5 14988 14720 Success
4:26:32PM US500 3972.37 Success
4:29:46PM DOW 33070 Success
4:47:20PM NASDAQ 12975
4:51:45PM JAPAN 29600 Success

 

26/03/2021 FTSE Closed at 6740 points. Change of 0.99%. Total value traded through LSE was: £ 5,863,243,404 a change of -5.15%
25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:BDEV Barrett Devs** **LSE:IQE IQE** **LSE:ITV ITV** **LSE:KAZ Kaz Minerals** **LSE:OXIG Oxford Instruments** **LSE:PMG Parkmead** **LSE:POLY Polymetal** **LSE:SRP Serco** **

********

Updated charts published on : Aviva, Barrett Devs, IQE, ITV, Kaz Minerals, Oxford Instruments, Parkmead, Polymetal, Serco,

LSE:AV.LSE:AV. Aviva. Close Mid-Price: 401.2 Percentage Change: + 0.30% Day High: 408.7 Day Low: 400

Target met. In the event of Aviva enjoying further trades beyond 408.7, t ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 770.6 Percentage Change: -1.15% Day High: 787.4 Day Low: 766

In the event of Barrett Devs enjoying further trades beyond 787.4, the sh ……..

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LSE:IQE IQE Close Mid-Price: 56.45 Percentage Change: -8.36% Day High: 62.45 Day Low: 55.35

Target met. Continued weakness against IQE taking the price below 55.35 c ……..

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LSE:ITVLSE:ITV ITV. Close Mid-Price: 127.55 Percentage Change: + 1.51% Day High: 128.5 Day Low: 125.95

Further movement against ITV ABOVE 128.5 should improve acceleration towa ……..

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 864.6 Percentage Change: + 2.93% Day High: 866.2 Day Low: 861.2

Target met. Further movement against Kaz Minerals ABOVE 866.2 should impr ……..

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LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 2000 Percentage Change: + 11.61% Day High: 2095 Day Low: 1936

In the event of Oxford Instruments enjoying further trades beyond 2095, t ……..

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LSE:PMGLSE:PMG Parkmead. Close Mid-Price: 37 Percentage Change: + 3.50% Day High: 35 Day Low: 35

This now only needs trade above 37 to become interesting, allowing recover ……..

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LSE:POLY Polymetal Close Mid-Price: 1411 Percentage Change: -1.02% Day High: 1432 Day Low: 1399

Target met. In the event Polymetal experiences weakness below 1399 it cal ……..

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LSE:SRPLSE:SRP Serco. Close Mid-Price: 140.2 Percentage Change: + 0.94% Day High: 140.8 Day Low: 136.3

Now above 143 should make recovery toward an initial 154 very possible. Ou ……..

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

Friday at last and our free FTSE analysis.

#FTSE #DOW Lockdown, for many folk, gave the opportunity to finally get around to doing something, a project, painting, repairs. As someone already working from home and generally on top of domestic chores, restriction on movement gave the chance to try out some new ideas. As folk who indulge in Archery know, drawing the bow on the same target gets boring and it never hurts to become creative, especially once the possibility of marking the target with dartboard scores is proven as a stupid idea.

Lucky enough to have a natural half amphitheatre at the top of the garden, a long planned ‘good idea’ came to fruition, when replacing the tyre valves on the tractor… This somewhat dodgy excuse for maintenance ensured 4 tubeless tyre valves were available, these immediately repurposed and fitted into the lids of 4 Lucozade bottles. With the aid of some glue, each bottle was pumped full of air to just about 50psi, the point at which the plastic felt rock solid.

The bottles were dangled on string, gently swaying in the breeze while aim was taken from 35 yards away, safe in the knowledge a ‘miss’ would still embed itself in a wooden backdrop.

It’s possible I now know what a sonic boom sounds like, when standing beside whatever caused it. The echo bounced up the valley and of the 4 targets, nothing remained except bottle lids dangling on string. A single arrow triggered them all. Walking down the driveway, distant neighbours were outside, scanning the sky and I’m sure many were also thinking of the secret nuclear weapons facility just a few miles away. When there was no repeat of the sound, no sirens, no telltale mushroom clouds, folk invariably drifted indoors. My wife has confiscated the longbow and is communicating with furious grunts.

This was something not to try at home, not very dangerous, not messy, just shockingly loud. The arrow itself was unmarked, safely embedded in the wooden background.

 

This tale, of course, brings us to the FTSE. What the heck is needed to make the index go with a bang?

Once again, we’re showing a chart which highlights the FTSE 100’s performance when compared with other important indicators. We’ve even thrown in Brazil to the mix, just for some exotic flavour. As can be seen, other nations are challenging their market highs before the pandemic struck, many quite happily exceeding it. The UK, unfortunately, remains steadily on course to nowhere and desperately needs something to make the market go with a bang. When news of a container ship gumming up Suez broke, we made an automatic assumption it would be a British vessel, doubtless caused by a mindset of constantly wondering what else can go wrong with our country.

We’ve been hoping the FTSE would start some recovery and the market has steadfastly avoid it. Oddly though, for the last few weeks we’ve been calculating the potential of reversal to around 6,600 points and this has been noticeable by its absence (so far). Perhaps some strength is lurking in the darkness?

Anything now above 6815 will convince us ‘something’ is happening, allowing a cycle to start toward 7050 points. While such an ambition is nowhere near the pre-pandemic highs of 7,500+, visually it should prove game changing for the longer term. As a result, we need occupy our time looking for reasons for the FTSE to better 6815 points.

Hey, chart goes here

FTSE for FRIDAY Near term, above 6693 calculates with the potential of movement up to an initial 6719 points. If exceeded, our secondary calculates at 6784 points with a surprisingly confident possibility. The secondary will prove, we suspect, quite a big deal, breaking from of the malaise which has marked the last week and placing London in a fairly useful position to commence further recovery toward 6843 points. If triggered, the tightest stop looks generous to the point of unlikely, at 6643 points.

Obviously, this will be comfortably above our trigger level above but as usual, we shall only be happy if the FTSE actually closes a session above 6815 points.

Alternately, below 6643 risks trouble, working out with the risk of reversal to an initial 6623 with secondary, if broken, at 6584 and hopefully a rebound, signalling the market remains trapped in a tight channel.

 

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
11:00:19PM BRENT 61.73 60.8 60.475 Subscribe 62 62.55 63.48 61.8
11:02:57PM GOLD 1728.17 1721 1714.5 1732 1732 1737.5 1725 ‘cess
11:06:05PM FTSE 6706 6637 6610.5 6687 6712 6744.25 6672 Success
11:08:22PM FRANCE 5985.5 5941 5932 5967 5985 6006 5950 Shambles
11:11:09PM GERMANY 14693 14584 14565 14650 14698 14722 14594 Success
11:13:20PM US500 3917 3878 3852 3907 3920 3932.5 3880 ‘cess
11:17:57PM DOW 32674 32283 32099.5 32360 32690 32761.5 32500 Success
11:20:19PM NASDAQ 12813 12763 12625 12862 12872 12983.5 12763 ‘cess
11:27:28PM JAPAN 29088 28590 28435.5 29815 29088 29130 28850

25/03/2021 FTSE Closed at 6674 points. Change of -0.57%. Total value traded through LSE was: £ 6,181,901,218 a change of 0.02%
24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:AV. Aviva** **LSE:CBX Cellular Goods** **LSE:GLEN Glencore Xstra** **LSE:IGAS Igas Energy** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:NG. National Glug** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:POG Petrop etc** **LSE:PPC President Energy** **LSE:ZOO Zoo Digital** **

********

Updated charts published on : Aviva, Cellular Goods, Glencore Xstra, Igas Energy, IQE, ITM Power, National Glug, Omega Diags, Oxford Instruments, Petrop etc, President Energy, Zoo Digital,

LSE:AV.LSE:AV. Aviva. Close Mid-Price: 400 Percentage Change: + 0.38% Day High: 402.4 Day Low: 395

Continued trades against AV. with a mid-price ABOVE 402.4 should improve ……..

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LSE:CBX Cellular Goods Close Mid-Price: 9.25 Percentage Change: -5.14% Day High: 9.65 Day Low: 9.05

If Cellular Goods experiences continued weakness below 9.05, it will inva ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 268.85 Percentage Change: -3.34% Day High: 274.95 Day Low: 263.5

Target met. Weakness on Glencore Xstra below 263.5 will invariably lead t ……..

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LSE:IGAS Igas Energy Close Mid-Price: 25.8 Percentage Change: -3.55% Day High: 27.5 Day Low: 25

Continued weakness against IGAS taking the price below 25 calculates as l ……..

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LSE:IQE IQE Close Mid-Price: 61.6 Percentage Change: -15.15% Day High: 73.25 Day Low: 60.25

Target met. In the event IQE experiences weakness below 60.25 it calculat ……..

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LSE:ITM ITM Power Close Mid-Price: 398 Percentage Change: -1.36% Day High: 406 Day Low: 380

If ITM Power experiences continued weakness below 380, it will invariably ……..

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LSE:NG.LSE:NG. National Glug. Close Mid-Price: 873 Percentage Change: + 1.25% Day High: 876.8 Day Low: 861.8

There’s a slightly interesting near term potential making itself known. Ne ……..

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LSE:ODX Omega Diags Close Mid-Price: 79 Percentage Change: -7.60% Day High: 85.5 Day Low: 78

This has become a little wonky as weakness continuing below 78 looks like ……..

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LSE:OXIGLSE:OXIG Oxford Instruments. Close Mid-Price: 1792 Percentage Change: + 2.52% Day High: 1810 Day Low: 1714

Weakness on Oxford Instruments below 1714 will invariably lead to 1530 wi ……..

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LSE:POG Petrop etc Close Mid-Price: 24.05 Percentage Change: -1.64% Day High: 24.8 Day Low: 23.95

Weakness on Petrop etc below 23.95 will invariably lead to 20 with second ……..

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LSE:PPC President Energy Close Mid-Price: 2 Percentage Change: -4.76% Day High: 2.1 Day Low: 2

This is on the verge of enjoying an ‘oops’ moment as weakness continuing b ……..

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LSE:ZOO Zoo Digital Close Mid-Price: 105.5 Percentage Change: -0.94% Day High: 107 Day Low: 105.5

Now above just 119 is all that’s required to allegedly trigger movement to ……..

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

Some Targets for Open Orphan PLC

#DAX #SP500 Strange things can happen. For instance, every time the price of crude oil starts falling, ‘something’ happens. Whether it’s an explosion at an oil refinery or a cargo ship blocking the main canal for oil tankers, crude oil prices will suddenly recovery in panic. Equally, if there ever were a company whose time has come, Open Orphan appear to be it. Founded long before the pandemic hit, this company offer a unique testing facility – their ‘FluCamp’ holiday hotel where volunteers can be “safely” infected/monitored/results noted in drug tests. Additionally, the company offer management of clinical trials for new drugs, covering every stage of the (usually) long and convoluted process. Another arm of the company are involved in developing flu vaccines.

As for the origins of the company name, we couldn’t find an explanatory anecdote on their website and couldn’t be bothered asking. In the grand scheme of things, it’s not important anyway but we suspect share price movements shall be. After all, with the pandemic and the reality Covid-19 is here to stay for the foreseeable future, a company capable of building a road through every stage of testing and development should be in demand as it’s unlikely the offerings from AstraZeneca, Pfizer, Moderna, etc shall be the final product. The virus will continue to mutate, hopefully to finally become less nasty. After all, a virus which kills its host probably has not selected the wisest long term life cycle!

 

Presently trading around the 32p mark, ORPH are proving fairly encouraging for the longer term. By recently closing above the 29p, the share price ticked a fairly major box from our perspective, price influences regarded as moving from Near Term to Big Picture. From our convoluted perspective, this is quite a big deal and gives hope for the future. Growth next exceeding 33p calculates with the potential of reaching an initial 41p. If exceeded, our longer term secondary works out at 56p with our conventional rules indicating some hesitation should be anticipated.

For the brave, it’s worth remembering both these ambitions represent all time highs for the share price. While we cannot currently calculate above 56p, there’s no rule against it. Circled on the chart, a series of strange share price movements during October last year. With a series of very determined nudges, the market indicated it wants this share price higher.

 

For everything to go pear shaped, the price needs slip below Blue on the chart, currently around 22p.

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
8:58:29PM BRENT 64.07 ‘cess
9:00:31PM GOLD 1734.4 ‘cess
9:46:30PM FTSE 6693.97
9:54:03PM FRANCE 5921 ‘cess
9:56:17PM GERMANY 14549.51 14518 14492.5 14450 14584 14619 14662 14710 14559 Success
9:57:45PM US500 3892.62 3887 3872 3844 3918 3942 3965 3991 3904 ‘cess
10:00:02PM DOW 32460 ‘cess
10:02:21PM NASDAQ 12823 Success
10:05:57PM JAPAN 28480 Success

Image

24/03/2021 FTSE Closed at 6712 points. Change of 0.19%. Total value traded through LSE was: £ 6,180,734,714 a change of -2.58%
23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%

 

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

The Arrow icons refer to expected Big Picture direction. No Arrow, No clue!

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BLOE Block Energy PLC** **LSE:BPC Bahamas Pet** **LSE:CASP Caspian** **LSE:CBX Cellular Goods** **LSE:CEY Centamin** **LSE:DGE Diageo** **LSE:ITM ITM Power** **LSE:KAZ Kaz Minerals** **LSE:LLOY Lloyds Grp.** **LSE:OXIG Oxford Instruments** **LSE:VOG VICTORIA** **

********

Updated charts published on : BALFOUR BEATTY, Block Energy PLC, Bahamas Pet, Caspian, Cellular Goods, Centamin, Diageo, ITM Power, Kaz Minerals, Lloyds Grp., Oxford Instruments, VICTORIA,

LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 303.2 Percentage Change: + 1.34% Day High: 303.8 Day Low: 292

All BALFOUR BEATTY needs are mid-price trades ABOVE 303.8 to improve acce ……..

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LSE:BLOE Block Energy PLC Close Mid-Price: 2.8 Percentage Change: -2.10% Day High: 2.85 Day Low: 2.6

In the event Block Energy PLC experiences weakness below 2.6 it calculate ……..

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LSE:BPC Bahamas Pet Close Mid-Price: 0.48 Percentage Change: -4.38% Day High: 0.48 Day Low: 0.42

If Bahamas Pet experiences continued weakness below 0.42, it will invaria ……..

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LSE:CASPLSE:CASP Caspian. Close Mid-Price: 2.4 Percentage Change: + 6.67% Day High: 2.4 Day Low: 2.25

Outlook completely unchanged: In the event Caspian experiences weakness be ……..

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LSE:CBX Cellular Goods Close Mid-Price: 9.75 Percentage Change: -2.50% Day High: 9.9 Day Low: 9.6

Weakness on Cellular Goods below 9.6 will invariably lead to 8.5 with sec ……..

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LSE:CEYLSE:CEY Centamin. Close Mid-Price: 105.95 Percentage Change: + 3.82% Day High: 106.8 Day Low: 101.7

Now above 109 threatens to become useful, allowing for an initial 115 with ……..

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LSE:DGELSE:DGE Diageo. Close Mid-Price: 3008.5 Percentage Change: + 0.05% Day High: 3021.5 Day Low: 2976

This has effectively stopped moving with the result our outlook remains id ……..

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LSE:ITM ITM Power Close Mid-Price: 403.5 Percentage Change: -4.16% Day High: 421 Day Low: 399.5

Continued weakness against ITM taking the price below 399.5 calculates as ……..

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LSE:KAZLSE:KAZ Kaz Minerals. Close Mid-Price: 854.6 Percentage Change: + 3.46% Day High: 854.4 Day Low: 825

Slightly interesting, above 855 should now promote movement to an initial ……..

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LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 42.23 Percentage Change: + 2.16% Day High: 42.3 Day Low: 40.77

Further movement against Lloyds Grp. ABOVE 42.3 should improve accelerati ……..

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LSE:OXIG Oxford Instruments Close Mid-Price: 1748 Percentage Change: -0.34% Day High: 1780 Day Low: 1746

Below 1720 risks becoming an issue, allowing weakness toward an initial 15 ……..

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LSE:VOGLSE:VOG VICTORIA. Close Mid-Price: 4.25 Percentage Change: + 0.00% Day High: 4.25 Day Low: 4.17

No point in reading this as the only thing changed has been an updated cha ……..

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*** End of “Updated Today” comments on shares. Listed below are those where commentary remains valid.

Click Epic to jump to share:LSE:AFC AFC Energy** **LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:ASC Asos** **LSE:AV. Aviva** **LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CAR Carclo** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:DDDD 4D Pharma** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:EMG MAN** **LSE:EXPN Experian** **LSE:EZJ EasyJet** **LSE:FGP Firstgroup** **LSE:FOXT Foxtons** **LSE:FRES Fresnillo** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:GLEN Glencore Xstra** **LSE:HIK Hikma** **LSE:HL. Hargreaves Lansdown** **LSE:HSBA HSBC** **LSE:HUR Hurrican Energy** **LSE:IAG British Airways** **LSE:IGAS Igas Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:MRW Morrisons** **LSE:NG. National Glug** **LSE:NWG Natwest** **LSE:ODX Omega Diags** **LSE:OPG OPG Power Ventures** **LSE:PHP Primary Health** **LSE:PMG Parkmead** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:POLY Polymetal** **LSE:PPC President Energy** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SCLP Scancell** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:STAN Standard Chartered** **LSE:TAN Tanfield** **LSE:TLW Tullow** **LSE:TSCO Tesco** **LSE:TW. Taylor Wimpey** **LSE:VEC Vectura** **LSE:VOD Vodafone** **LSE:WTG Watchstone** **LSE:ZOL Zoldav** **LSE:ZOO Zoo Digital** **

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