Are Amigo Holdings ready to do a hat dance?

#Dax_Futures #SP500 Similar to the International Space Station, lots of people appear to be watching out for this share making a movement. Unlike the space station, we’re still awaiting the share price to make a reliable movement whereas with orbiting space junk, you can step outside and see it pass, extremely reliably. Last night, for instance, popping out with a camera at 11.29pm gave a 6 minute viewing of the celestial object***. If only share price movements proved as reliable!

 

One aspect where we expect Amigo to prove useful comes with a straightforward scenario. Next time the share price manages to exceed 30.3p, we can calculate the potential of price recovery to an initial 43p. If exceeded, our secondary calculates at 55p. We’re inclined toward hope with this, due to the recent high of 30.3p being, from our perspective, arithmetically exact. When this sort of thing happens, there’s almost an inevitability as to what shall happen, next time such a target level is exceeded.

In other words, the price should go up.

Visually, our ambition of 55p also challenges the pre-Covid highs of February 2020, making some sort of hesitation very possible if such a level is achieved. One price movement certainly gave rise to curiosity as the plunge to 17.5p on May 11th felt quite contrived, creating a suspicion some shares needed a stop loss triggered to make them available. This incident of a 5p drop which recovered in minutes was certainly pretty vivid, again carrying a suggestion of a price getting ready to make a proper movement.

If wanting to play as safe as possible, waiting until the share price exceeds 31.75p to trigger ‘proper’ recovery is the current arithmetically correct level but our inclination is to expect the prior high of 30.3p making itself a trigger level. The price needs below 17.5p to give alarm, threatening reversal to 10.75p.

***A little caveat if intending to view the Space Station. Check for clouds! A potential 6 minute viewing can quickly evaporate into a brief glimpse of a moving light.

***Also, again our thanks to those who find the adverts google place on this page fascinating.

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
9:34:25PM BRENT 66.57 Success
9:38:40PM GOLD 1870.16 Success
9:42:38PM FTSE 6966 Success
9:45:36PM FRANCE 6274 Success
9:47:56PM GERMANY 15153 15080 14957 14759 15198 15238 15320 15443 15093 Success
9:51:52PM US500 4110 4059 4039 3991 4116 4117 4135.5 4161 4082 Success
9:54:40PM DOW 33855 Success
10:10:32PM NASDAQ 13221 Success
10:13:04PM JAPAN 27934 Success
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%
17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%
14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%
13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%
12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

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:ASC Asos** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:IHG Intercontinental Hotels Group** **LSE:ODX Omega Diags** **LSE:POLY Polymetal** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **LSE:ZOL Zoldav** **

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Updated charts published on : Aston Martin, Asos, Cellular Goods, Centrica, Empyrean, Genel, Intercontinental Hotels Group, Omega Diags, Polymetal, Rolls Royce, Tullow, Zoldav,

LSE:AML Aston Martin Close Mid-Price: 1901 Percentage Change: -0.11% Day High: 1907.5 Day Low: 1865

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LSE:ASC Asos Close Mid-Price: 4726 Percentage Change: -3.06% Day High: 4824 Day Low: 4624

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LSE:CBX Cellular Goods Close Mid-Price: 6.65 Percentage Change: -2.21% Day High: 6.78 Day Low: 6.55

Target met. Continued weakness against CBX taking the price below 6.55 ca ……..

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LSE:CNA Centrica Close Mid-Price: 53.1 Percentage Change: -0.93% Day High: 53.92 Day Low: 52.54

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LSE:EME Empyrean. Close Mid-Price: 7.1 Percentage Change: + 2.16% Day High: 7.2 Day Low: 6.9

Target met. Further movement against Empyrean ABOVE 7.2 should improve ac ……..

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LSE:GENL Genel Close Mid-Price: 144 Percentage Change: -4.38% Day High: 151 Day Low: 142.6

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LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4781 Percentage Change: -2.17% Day High: 4830 Day Low: 4726

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LSE:ODX Omega Diags Close Mid-Price: 66.5 Percentage Change: -2.21% Day High: 68 Day Low: 64.5

Weakness on Omega Diags below 64.5 will invariably lead to 61 with second ……..

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LSE:POLY Polymetal. Close Mid-Price: 1694 Percentage Change: + 1.16% Day High: 1708 Day Low: 1646

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LSE:RR. Rolls Royce. Close Mid-Price: 103.36 Percentage Change: + 0.41% Day High: 103.66 Day Low: 99.98

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LSE:TLW Tullow Close Mid-Price: 52.2 Percentage Change: -2.94% Day High: 53.04 Day Low: 50.92

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LSE:ZOL Zoldav Close Mid-Price: 27.5 Percentage Change: -3.51% Day High: 28.5 Day Low: 27.5

Weakness on Zoldav below 27.5 will invariably lead to 23 with secondary ( ……..

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

Is E.ON about to spark off?

#France #WallSt and Eon from Trends and Targets

Our weekly trip to discover which shares are being most heavily traded in Europe brought E.On to our attention. To be honest, we’d no idea the company was German based, for some reason assuming they were Spanish. A glance at their corporate website revealed a pretty thorough checklist of all the current “right on” terms. They’ve Diversity mentioned, Hydrogen, Fuel Cells, Digital, Sustainability, and of course Innovation. The word “Profitable” was also mentioned once, a daring departure from the norm. Most corporate entities seem to prefer a web presence where dangerous trigger words like ‘profit’ are avoided!

Presently trading around 10,5 Eur, the share price is starting to show some interesting potentials despite spending most of May trapped in the arms of boring. Needing only above 10.8 Eur, a trip toward an initial 11.29 looks pretty assured and confident. For some surprising reason, we’ve multiple calculations all pointing at such an ambition and the story doesn’t actually end there.

Our secondary calculation, should 11.29 be exceeded, works out at 13 Eur. In fact, it may even be 13.4 Euro, thanks to the circled gap on the chart tossing a spanner in the works. Yet again, something surprising occurs with this secondary ambition as yet again, we’ve multiple arguments favouring price recovery to such a level. For this sort of thing to occur once, when reviewing a share price, is pretty unusual and generally indicates a comfortable “no-brainer” expectation of movement to a target level. We’ve never experienced this twice, against the same share, both from Big Picture and Near Term calculations. Time will tell as we’ve no idea what the numbers are telling us…

 

We started by complained Eon share price has been pretty boring during May and the reason appears to be the Blue line on the chart. If we zoom out, viewing the Big Picture since 2014, considerable effort is being made (currently) to inhibit Eon from exploring above this level. (See the inset) As a result, anything now above 10.8 is liable to promote fairly fast and strong price recovery.

Hey, chart goes here

Many thanks to those folk who find the few adverts on this page interesting. Pays for our necessary coffee intake!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:41:51PM BRENT 68.43 ‘cess
10:43:57PM GOLD 1869.68 ‘cess
10:46:09PM FTSE 7006.34 Shambles
10:48:12PM FRANCE 6326.2 6323 6306 6267 6370 6357 6364 6377 6331 ‘cess
10:50:12PM GERMANY 15301 ‘cess
10:53:21PM US500 4118.42
10:55:48PM DOW 34012 33976 33884 33683 34126 34126 34158 34219 34038 Success
10:58:03PM NASDAQ 13196.22
11:00:09PM JAPAN 28026 Success

 

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%
17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%
14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%
13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%
12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%
10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

 

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:BP. BP PLC** **LSE:BT.A British Telecom** **LSE:CBX Cellular Goods** **LSE:DGE Diageo** **LSE:IGG IG Group** **LSE:IPF International Personal Finance** **LSE:LLOY Lloyds Grp.** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **

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Updated charts published on : BP PLC, British Telecom, Cellular Goods, Diageo, IG Group, International Personal Finance, Lloyds Grp., Polymetal, Royal Mail,

LSE:BP. BP PLC. Close Mid-Price: 316.8 Percentage Change: + 0.44% Day High: 322.3 Day Low: 315.45

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LSE:BT.A British Telecom. Close Mid-Price: 170.5 Percentage Change: + 2.59% Day High: 171.25 Day Low: 165.25

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LSE:CBX Cellular Goods Close Mid-Price: 6.8 Percentage Change: -2.86% Day High: 7 Day Low: 6.78

If Cellular Goods experiences continued weakness below 6.78, it will inva ……..

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LSE:DGE Diageo Close Mid-Price: 3349 Percentage Change: -0.36% Day High: 3387 Day Low: 3325

All Diageo needs are mid-price trades ABOVE 3387 to improve acceleration ……..

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LSE:IGG IG Group Close Mid-Price: 850 Percentage Change: -1.73% Day High: 871.5 Day Low: 852

This is entering dodgy territory. Now below 837p appears threatening, an i ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 141.8 Percentage Change: + 3.50% Day High: 142.8 Day Low: 135

Target met. Further movement against International Personal Finance ABOVE ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.6 Percentage Change: + 1.10% Day High: 48.95 Day Low: 48.31

In the event of Lloyds Grp. enjoying further trades beyond 48.95, the sha ……..

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LSE:POLY Polymetal. Close Mid-Price: 1674.5 Percentage Change: + 1.73% Day High: 1683.5 Day Low: 1654.5

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LSE:RMG Royal Mail. Close Mid-Price: 529.6 Percentage Change: + 2.00% Day High: 531 Day Low: 521.2

Continued trades against RMG with a mid-price ABOVE 531 should improve th ……..

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

HSBC Group & XRPUSD (Ripple)

Ripple & HSBC (Coin:XRPUSD) & LSE:HSBA) We’re not entirely clear how folk are able to trade the crypto, Ripple, but our interest is aroused due to the number of emails received regarding our thoughts for the its future. The immediate picture would be attractive, if we were not discussing a crypto as we don’t trust their pricing across exchanges. For Ripple, presently trading around 1.513, it appears movement above 1.70 is almost certain to promote price growth toward an initial 1.95.
Should such a level be exceeded, we can calculate a secondary ambition which we’d usually refer to as ‘longer term’ at 2.19. Of course, as this is a crypto, longer term can easily mean sometime in the next hour or so. When things get exciting, crypto will almost move pretty fast.
It’s curious to note our ambition around the 1.95 level coincides with a Blue downtrend line, a feature in price movements which dates back to 2018. Common sense tends suggest expecting some price hesitation at such a level, especially as it almost matches the prior highs from April this year.
Only if Ripple tends trade below 0.86 would we now be inclined to panic as the reversal threat to 0.07 is quite hideous. To be fair, we suspect the Red line on the chart would intrude as we’re not the only folk capable of drawing straight lines.

Hey, chart goes here

As always, our thanks to those who find useful advertising on this page!

HSBC Holdings PLC (LSE:HSBA) When we last reviewed this bank in 2020 (link), we quite gloomily projected the threat of a bottom at 302p. We were feeling quite smug about our prediction until Sept 21st when the market opted to gap (manipulate) the price below our target (circled). Just four days later, the market opted to gap the price above our target level. How we chuckled as a perfect Lady GaGa performance ensued. This is a reference to some really irrational behaviour, mainly from London, where a price is Gapped Down, then Gapped Up. This piece of insanity will often be the precursor for a period of strength and in the case of HSBC, the share price rose steadily from 302p up to 450p. By any standards, an epic GaGa performance, one rarely seen since Covid-19 hit the markets in March 2020.
To be honest, we’ve been unable to produce a reliable map for this behaviour, due to these price gaps giving a period where the share has moved without trades. This makes our usual progression formula uncertain. As everyone learns, you can multiply zero by a million and the answer is still zero. Perhaps this alone provides a reason for this type of market behaviour.
The situation now with HSBC suggests growth next exceeding 459p should aim for an initial 491p. With closure above this point, our longer term secondary calculates at a confident looking 575p.
Should HSBC decide to explore the u-bend in the toilet of share prices, it needs drop below 410 to suggest panic as this threatens reversal to an initial 379p. If broken, our secondary is at 306p and an almost certain bottom.

Hey, chart goes here

 

Success
17/05/2021 FTSE Closed at 7032 points. Change of -0.16%. Total value traded through LSE was: £ 4,315,305,188 a change of -15.16%

14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%

13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%

11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%

10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%

7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:06:50PM BRENT 69.39 ‘cess
10:08:34PM GOLD 1867.28 1843 1835 1824 1856 1868 1872.75 1882 1852 Success
10:10:29PM FTSE 7061.04
10:12:15PM FRANCE 6382
10:14:14PM GERMANY 15432
10:16:18PM US500 4165
10:24:04PM DOW 34368
10:28:04PM NASDAQ 13325.15 13187 13144.5 13041 13285 13405 13466 13558 13303 Success
10:30:59PM JAPAN 27761 Success

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:BARC Barclays** **LSE:CBX Cellular Goods** **LSE:FOXT Foxtons** **LSE:HUR Hurrican Energy** **LSE:IPF International Personal Finance** **LSE:NG. National Glug** **LSE:SBRY Sainsbury** **

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Updated charts published on : Aston Martin, Barclays, Cellular Goods, Foxtons, Hurrican Energy, International Personal Finance, National Glug, Sainsbury,

LSE:AML Aston Martin Close Mid-Price: 1915.5 Percentage Change: -2.15% Day High: 1956.5 Day Low: 1880

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LSE:BARC Barclays Close Mid-Price: 179.22 Percentage Change: -0.82% Day High: 182.24 Day Low: 178.14

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LSE:CBX Cellular Goods. Close Mid-Price: 7 Percentage Change: + 0.00% Day High: 7.1 Day Low: 6.88

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LSE:FOXT Foxtons Close Mid-Price: 59.2 Percentage Change: -0.50% Day High: 60 Day Low: 58.7

Foxton share price movements seem a little off colour, especially given ho ……..
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LSE:HUR Hurrican Energy. Close Mid-Price: 0.71 Percentage Change: + 7.87% Day High: 0.73 Day Low: 0.64

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LSE:IPF International Personal Finance. Close Mid-Price: 137 Percentage Change: + 0.59% Day High: 140 Day Low: 136.6

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LSE:NG. National Glug Close Mid-Price: 931.1 Percentage Change: -0.53% Day High: 942.1 Day Low: 924.6

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LSE:SBRY Sainsbury. Close Mid-Price: 264.5 Percentage Change: + 2.12% Day High: 266.8 Day Low: 259.8

Target met. In the event of Sainsbury enjoying further trades beyond 266. ……..
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*** End of “Updated Today” comments on shares.

Natwest Group & optimism?

#Brent_Futures #DAX The UK retail banks are behaving like politicians, only instead of teasing “end of lockdown”, they tease “share price recovery!” We’re increasingly less likely to believe either politicians or the market, thanks to events tending signal neither actually have a clue. Just when we thought it was safe to exit our collective cages, the current hysteria about ‘Covid from India is going to get you’ fails to gel with the hospitality industry suggesting people need drink an extra patriotic 158 pints of beer on average between now and the end of year to undo the damage to their profits. As for politicians and Covid-19, the virus spread ignores a few tiny little details. If flying from some countries into the UK, you can only land in Scotland if willing to accept mandatory quarantine, a nice little earner for the hotel industry. As a result, folk coming to Scotland fly into Heathrow, travel internally to Scotland, and promise to isolate themselves at home for 10 days. They face a difficult threat. Apparently someone might phone them to ask if they are staying indoors…

And then, we question why the illness continues to spread while the markets (in the UK) fail to recover?

Natwest managed a miracle trigger surge above our 201p trigger, utterly failing to achieve our 212p target, instead fizzing out at just 208p with news India Covid was now on our shores. In normal circumstances, the series of price movements would create about the closest thing to a Sure Thing trade as it’s possible to get. Apparently, for Natwest we can now report above 212p should enter a recovery cycle to an initial 250p, a confident and sane looking recovery target. In fact, we can even tighten this now to above 210p allegedly being capable of triggering a series of remorseless drives upward.

We even can calculate a longer term secondary at 306p, something we’re less confident on despite the Big Picture visuals.

 

There is something fairly encouraging revealed by recent price moves. We previously moaned the share needed below 183p to undo any growth trigger. Thus far, the lowest achieved since the trend break upward has been 184.75p, frighteningly close to cancelling recovery potentials but failing to cancel the scenario. As the inset on the chart reveals, this lunge downward came immediately following the previous lunge upward, signalling the market is perfectly aware of both the Blue and Red trend lines. Traditionally, our inclination is to go with any initial trend break as setting the tone for the future. Thus, the movement to 208p may well prove a viable early warning for a share which intends surprise recovery toward 250p.

We’re hopefully not being gullible but the picture shown does lend itself to suggesting Natwest are about to make a surprise recovery surge upward. Goodness knows when! For everything to go wrong, the bank share price needs now sink below 175p. This would be a poor show, threatening a reversal cycle to a bottom, hopefully, at 141p.

As always, many thanks to those who find adverts of interest. Fridays visitors justified a chocolate croissant!

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
8:44:36PM BRENT 68.63 67.31 66.79 66.16 68.02 68.68 68.82 69.56 67.92
8:46:51PM GOLD 1844.5 ‘cess
8:59:09PM FTSE 7077.42 ‘cess
9:02:10PM FRANCE 6419 Success
9:33:28PM GERMANY 15472.48 15275 15182 15079 15376 15493 15542.75 15648 15391 Success
9:40:00PM US500 4170.97 ‘cess
9:41:53PM DOW 34378 ‘cess
9:43:53PM NASDAQ 13385 Success
9:50:05PM JAPAN 28259 Success
14/05/2021 FTSE Closed at 7043 points. Change of 1.15%. Total value traded through LSE was: £ 5,086,620,345 a change of -7.58%
13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%
12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%
10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%
7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%
6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%

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:DGE Diageo** **LSE:EMG MAN** **LSE:GENL Genel** **LSE:HUR Hurrican Energy** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glug** **LSE:SBRY Sainsbury** **LSE:VEC Vectura** **

********

Updated charts published on : Diageo, MAN, Genel, Hurrican Energy, Igas Energy, International Personal Finance, Lloyds Grp., National Glug, Sainsbury, Vectura,

LSE:DGE Diageo. Close Mid-Price: 3353.5 Percentage Change: + 1.51% Day High: 3377.5 Day Low: 3323

Target met. In the event of Diageo enjoying further trades beyond 3377.5, ……..

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LSE:EMG MAN. Close Mid-Price: 171.4 Percentage Change: + 4.96% Day High: 172.05 Day Low: 164.05

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LSE:GENL Genel Close Mid-Price: 152 Percentage Change: -0.91% Day High: 154.8 Day Low: 149.4

Continued weakness against GENL taking the price below 149.4 calculates a ……..

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LSE:HUR Hurrican Energy Close Mid-Price: 0.66 Percentage Change: -12.36% Day High: 0.76 Day Low: 0.66

Target met. Continued weakness against HUR taking the price below 0.66 ca ……..

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LSE:IGAS Igas Energy. Close Mid-Price: 21 Percentage Change: + 6.06% Day High: 19.85 Day Low: 19.85

Weakness on Igas Energy below 19.85 will invariably lead to 15.80 with se ……..

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LSE:IPF International Personal Finance Close Mid-Price: 136.2 Percentage Change: -1.16% Day High: 138.8 Day Low: 134

Target met. All International Personal Finance needs are mid-price trades ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 48.25 Percentage Change: + 2.65% Day High: 48.27 Day Low: 47.26

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LSE:NG. National Glug. Close Mid-Price: 936.1 Percentage Change: + 1.31% Day High: 941.5 Day Low: 930

Further movement against National Glug ABOVE 941.5 should improve acceler ……..

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LSE:SBRY Sainsbury Close Mid-Price: 259 Percentage Change: -0.08% Day High: 262.4 Day Low: 258.5

Further movement against Sainsbury ABOVE 262.4 should improve acceleratio ……..

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LSE:VEC Vectura Close Mid-Price: 118 Percentage Change: -0.51% Day High: 122 Day Low: 118.2

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

Is Brent Crude bubbling up & our FTSE for FRIDAY

#FTSE It has been a few months since we last reviewed #Brent_Crude and now, we’ve reason to suspect it needs an update. Not least in our thinking is the Blue downtrend which dates back to 2014. The close up detail is pretty important, tending to highlight the market is perfectly aware of this downtrend. As shown on the chart inset, Brent Crude bubbled up above the trend at the start of May, frothing just above the surface before being driven underground again.

From our perspective, the implication behind this behaviour is straightforward. Next time Brent exceeds the $71 level, it’s going to be difficult to avoid a cycle to an initial $76 with secondary, when exceeded, at a longer term $94. We would anticipate some hesitation, should the $94 level make an appearance.

For everything to go wrong, our alternate scenario suggests weakness below 63 could now start a drip down to a bottom of $50 eventually.

Our inclination is to view price movements in May as an early warning for gains ahead, especially as it’s quite rare for a commodity to present such a clear case for price growth. Seeing how the market chose to react, when the product bettered a 7 year trend, was quite illuminating, tending suggest any gain – if triggered – is liable to be sharp and fast, doubtless with a minimal stop loss requirement. For some reason, the internet on Thursday had a photographic deluge of people in America panic buying petrol, with folk in Florida being quite creative in their choice of container. Quite how they intend to retrieve their fuel from wheelie bins in the back of pick up trucks should prove ‘interesting’.

Hey, chart goes here

FTSE for FRIDAY (FTSE:UKX) This week, the FTSE proved as friendly as a visit to a dentist but we’re inclined to hope the reversals have ceased. Certainly, the “surprise” recovery on Thursday for the FTSE, with the market moving from 2.5% down to a negligible 0.6% down by the end of day tended to scream “bottom at 6823 points” and we should now employ blind faith for further market recovery. All kidding aside, this is our expectation but one punctuated by a suspicion there may be another fake drop first. If this proves the case, we’d hope for a bounce around the 6860 level, if only due to the FTSE falling asleep for 2.5 hours at this level during Tuesday.

We’re inclined to place a trigger level at 7010 for any recovery as movement above this level calculates as capable of an initial 7058 points with secondary, if exceeded, at 7139 points. Such movement will tend suggest the last three days were simply an illusion, creating a scenario with an underlying attraction coming from 7496 points, almost precisely the level of the FTSE before Covid-19 coughed all the toys out of the pram. There are quite a few deeper reasons to anticipate FTSE recovery and we feel the main question is the path any recovery shall take. A heck of a lot of major corporates which comprise the FTSE are triggering recovery levels, just failing to move – yet!

 

Our converse scenario occurs, if the FTSE finds an excuse to slide below 6857 points. Such a movement threatens reversal continuing to an initial 6792. If broken, our secondary calculates down at 6724 and we’d hope for a bounce at such a point.

Hey, chart goes here

Google must have emplaced some useful adverts on this page on Thursday. Again, our thanks to those folk who deemed them worth a visit!

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:48:34PM BRENT 66.94 66.37 65.66 67.27 68.46 68.815 67.97 Success
10:50:22PM GOLD 1826 1808 1803 1822 1829 1833.5 1820 ‘cess
10:53:08PM FTSE 6979.85 6909 6879 6984 6990 7038 6909 Success
10:54:50PM FRANCE 6306.8 6270 6257 6304 6317 6329 6270 Success
10:56:39PM GERMANY 15254 15138 15106 15225 15271 15297 15162 Success
10:58:52PM US500 4114 4071 4044 4133 4145 4174.5 4075 Shambles
11:02:24PM DOW 34036 33772 33670 34048 34183 34326.5 33933 ‘cess
11:04:28PM NASDAQ 13105 13007 12940 13176 13236 13283.5 13007 Shambles
11:06:39PM JAPAN 27714 27406 27304 27650 27810 28010.5 27521 Success
13/05/2021 FTSE Closed at 6963 points. Change of -0.59%. Total value traded through LSE was: £ 5,503,652,334 a change of -7.78%
12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%
10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%
7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%
6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%
5/05/2021 FTSE Closed at 7039 points. Change of -100%. Total value traded through LSE was: £ 6,461,512,143 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:AFC AFC Energy** **LSE:ASC Asos** **LSE:CAR Carclo** **LSE:CBX Cellular Goods** **LSE:CNA Centrica** **LSE:CPI Capita** **LSE:GENL Genel** **LSE:IAG British Airways** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:OPG OPG Power Ventures** **LSE:POLY Polymetal** **LSE:RBD Reabold Resources PLC** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : AFC Energy, Asos, Carclo, Cellular Goods, Centrica, Capita, Genel, British Airways, IQE, ITM Power, OPG Power Ventures, Polymetal, Reabold Resources PLC, Taylor Wimpey,

LSE:AFC AFC Energy. Close Mid-Price: 53.7 Percentage Change: + 0.19% Day High: 54.9 Day Low: 49.3

In the event AFC Energy experiences weakness below 49.3 it calculates wit ……..

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LSE:ASC Asos Close Mid-Price: 4742 Percentage Change: -2.79% Day High: 4830 Day Low: 4650

If Asos experiences continued weakness below 4650, it will invariably lea ……..

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LSE:CAR Carclo Close Mid-Price: 66 Percentage Change: -4.07% Day High: 71 Day Low: 65

Further movement against Carclo ABOVE 71 should improve acceleration towa ……..

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LSE:CBX Cellular Goods. Close Mid-Price: 7.2 Percentage Change: + 0.00% Day High: 7.35 Day Low: 7.05

In the event Cellular Goods experiences weakness below 7.05 it calculates ……..

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LSE:CNA Centrica Close Mid-Price: 54.02 Percentage Change: -1.85% Day High: 54.38 Day Low: 53.42

Imminent weakness below 53.4 points at an initial 51 with secondary a bott ……..

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LSE:CPI Capita. Close Mid-Price: 41.33 Percentage Change: + 0.17% Day High: 41.44 Day Low: 39.62

If Capita experiences continued weakness below 39.62, it will invariably ……..

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LSE:GENL Genel Close Mid-Price: 153.4 Percentage Change: -12.04% Day High: 168.8 Day Low: 152.6

Weakness on Genel below 152.6 will invariably lead to 138 with secondary ……..

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LSE:IAG British Airways Close Mid-Price: 191.9 Percentage Change: -0.90% Day High: 195.58 Day Low: 185.58

Continued weakness against IAG taking the price below 185.58 calculates a ……..

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LSE:IQE IQE Close Mid-Price: 49.3 Percentage Change: -6.27% Day High: 55 Day Low: 46.8

Target met. In the event IQE experiences weakness below 46.8 it calculate ……..

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LSE:ITM ITM Power Close Mid-Price: 332 Percentage Change: -0.18% Day High: 341 Day Low: 307.6

Target met. If ITM Power experiences continued weakness below 307.6, it w ……..

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LSE:OPG OPG Power Ventures. Close Mid-Price: 17.88 Percentage Change: + 0.00% Day High: 17.88 Day Low: 17.88

This is supposed to be heading up, yet failing to do so. There’s now a cle ……..

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LSE:POLY Polymetal Close Mid-Price: 1578 Percentage Change: -2.02% Day High: 1615 Day Low: 1557

With movement above just 1650, this risks becoming of interest as growth t ……..

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LSE:RBD Reabold Resources PLC Close Mid-Price: 0.65 Percentage Change: -2.99% Day High: 0.68 Day Low: 0.64

Now below 0.55 looks problematic, allowing reversals to an initial 0.38 wi ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 174 Percentage Change: -0.51% Day High: 175.15 Day Low: 169.75

This almost fell off a little cliff as below 169 now points at 159 with se ……..

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

Sylvania Platinum, a new song…

#Dax #Nasdaq Few things are more annoying than a song stuck in your head. Inevitably, this lot promoted “Sylvia’s Mother” by Dr Hook into the #1 position, making us wonder how long it takes employees of the company to start detesting the tune! In our review of Sylvania back in 2019 (link), we mentioned forces were at work which allowed a lunge in the direction of 61p. This was due to price movements from six years previously.

 

Obviously, with the share now trading around 140p, our goal was achieved. An awkward situation now exists as we’re forced to travel back to 1999. Thankfully an abiding dislike of the singer Prince ensured his dreadful tune with that number in the title didn’t emulate Dr Hook.

By this method, we can try and make sense of where current price movements find their inspiration. Once upon a time, the share was trading above 600p and this appears to provide the arithmetic powering current price strength, a quite extraordinary situation from our perspective. Making matters more difficult, a couple of gaps exist on the chart which circle major price adjustments where there was no trading. Something happened at the start of the 21st century, when one morning the market awoke and decided Sylvania was no longer worth 5 quid a share but instead, around 33p represented fair value.

In the period since the share price exceeded 96p, we’ve little choice but to seek inspiration from the days when it was trading at 650p. From our standpoint, this is now the only thing making sense, capable of explaining the rise to current levels.

 

Next above 151p should prove capable of bringing a visit to an initial 162p. If exceeded, our longer term secondary calculates at 218p. Above such a level, things are necessarily vague, thanks to the circled gaps and we shall prefer revisit to run the numbers again. We’ve chosen to show a long term 336p but the reality of such ambition almost needs guesswork.

 

Finally, the inset below shows a textbook case of our target levels. Earlier in 2020, the share price indeed hit – and exceeded – our target of 61p. The share price then tanked, plunging to 24p. But at the start of September 2020, the price once again attained our 61p and once the prior highs were finally beaten, a state of “higher highs” existed and the rest is history with the price languishing at 140p presently. The value of the share price would need to literally half before we’d suggest time to panic.

Hey, chart goes here

*** Writing a daily thanks to the kind folk who chose to visit adverts on this page reminds people shouldn’t be taken for granted. We’re pleased Google are obviously directing interesting content here.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:10:13PM BRENT 68.89 Success
10:16:31PM GOLD 1815 Success
10:18:46PM FTSE 6959.39
10:20:26PM FRANCE 6245.5 Shambles
10:22:46PM GERMANY 15079 15000 14969 14883 15129 15202 15226 15282 15112 ‘cess
10:25:51PM US500 4056 Success
10:29:32PM DOW 33579.8 ‘cess
10:31:52PM NASDAQ 12978 12963 12899 12736 13195 13113 13204.5 13239 12992 ‘cess
10:36:12PM JAPAN 27963

 

12/05/2021 FTSE Closed at 7004 points. Change of 0.82%. Total value traded through LSE was: £ 5,968,278,155 a change of -15.12%
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%
10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%
7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%
6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%
5/05/2021 FTSE Closed at 7039 points. Change of 1.68%. Total value traded through LSE was: £ 6,461,512,143 a change of 1.02%
4/05/2021 FTSE Closed at 6923 points. Change of -100%. Total value traded through LSE was: £ 6,395,995,707 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:BLVN Bowleven** **LSE:BPC Bahamas Pet** **LSE:CAR Carclo** **LSE:DGE Diageo** **LSE:GLEN Glencore Xstra** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:MRW Morrisons** **LSE:SBRY Sainsbury** **

********

Updated charts published on : Aviva, Bowleven, Bahamas Pet, Carclo, Diageo, Glencore Xstra, International Personal Finance, IQE, Morrisons, Sainsbury,

LSE:AV. Aviva. Close Mid-Price: 403.5 Percentage Change: + 0.75% Day High: 405.1 Day Low: 397.3

Apparently this only needs above 417p to next start a path toward 473p. If ……..

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LSE:BLVN Bowleven. Close Mid-Price: 4.75 Percentage Change: + 0.00% Day High: 4.75 Day Low: 4.25

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LSE:BPC Bahamas Pet. Close Mid-Price: 0.34 Percentage Change: + 5.47% Day High: 0.32 Day Low: 0.3

If Bahamas Pet experiences continued weakness below 0.30, it will invaria ……..

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LSE:CAR Carclo. Close Mid-Price: 68.8 Percentage Change: + 12.79% Day High: 70 Day Low: 58.8

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LSE:DGE Diageo. Close Mid-Price: 3298.5 Percentage Change: + 3.40% Day High: 3326 Day Low: 3251

Target met. Further movement against Diageo ABOVE 3326 should improve acc ……..

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LSE:GLEN Glencore Xstra. Close Mid-Price: 333.1 Percentage Change: + 1.59% Day High: 339.25 Day Low: 329.6

Target met. Continued trades against GLEN with a mid-price ABOVE 339.25 s ……..

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LSE:IPF International Personal Finance. Close Mid-Price: 134.4 Percentage Change: + 2.75% Day High: 136 Day Low: 129.6

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LSE:IQE IQE Close Mid-Price: 52.6 Percentage Change: -2.23% Day High: 55.6 Day Low: 52.6

Should IQE experiences weakness below 52.6, it calculates with a drop pote ……..

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LSE:MRW Morrisons. Close Mid-Price: 184.3 Percentage Change: + 1.07% Day High: 186.45 Day Low: 183

In the event of Morrisons enjoying further trades beyond 186.45, the shar ……..

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LSE:SBRY Sainsbury. Close Mid-Price: 259.3 Percentage Change: + 2.13% Day High: 259.9 Day Low: 253.4

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

Ferrexpo, a Geiger Counter, and Jubilee Metals walk into a bar…

#FTSE #SP500_Futures,  We like to cover shares where folk have been emailing us. Sometimes, we’ve a suspicion they might ‘know a thing or two’ with opportunities being revealed. But we flinched at being asked to investigate Geiger Counter’s potentials. The device, used to measure radiation, is probably the last thing we want to hear about, following a year with Covid-19. Another detail is Europe’s top secret nuclear weapons store just along the road from us, local wisdom strongly suggesting if we ever see anyone waving a Geiger counter around, drive fast in the opposite direction!

It transpires the company “Geiger Counter” enjoy surprising aims, to provide returns to shareholders through their investment in the exploration, development, and production of Uranium to supply the nuclear power industry, the ultimate green solution which everyone tries to pretend shall not be necessary. The organisation are not in the business of supplying radiation detectors to the paranoid here in Argyll, Scotland.

 

Geiger Counter (LSE:GCL) Their share price is showing early signs of becoming useful this year, the price now trading higher than any point in the last 9 years. Something has certainly changed with its prospects with a near term potential of above 45p bringing some movement potential to an initial 51p. However, given the share is trading at higher levels, thanks to breaking its long term downtrend, our inclination is to take a Big Picture long term approach and suggest above 45p should now enter a cycle toward an initial 56p with secondary, if exceeded, at 67p.

We can calculate beyond such a level but will prefer take another look, if our initial target levels make an appearance. For everyone to receive a good scare, the share price needs close a session below 31p as the implications become quite troubling.

Hey, chart goes here

Jubilee Metals (LSE:JLP) It’s easy to conclude Jubilee are essentially upmarket scrap dealers, given their mission statement; “Jubilee Metals Group Plc is an industry leading metal recovery business focussed on the retreatment and metals recovery from mine tailings, waste, slag, slurry and other secondary materials generated from mining operations.”

A one time addiction to watching TV documentaries covering the efforts employed in recovery of gold, either from the sea, rivers, holes in the ground, or even discarded printed circuit boards, teaches for just metal, the complex processes in use are truly impressive. In the TV series Gold Rush, one of the more successful mining companies tends to focus on tailings piles left be so called “old timer” miners with modern cleaning and sorting techniques revealing 1,000’s of ounces of gold.

Needless to say, Jubilee appear to be hunting a broad portfolio, including lead, zine, vanadium, copper, and even cobalt.

Their share price is showing some useful potentials with a near term nudge above 22p now looking capable of triggering slight movement to an initial 25p. If exceeded, our longer term secondary calculates at 33p. Above such a level, we’d prefer taking a hard look into our crystal bal as it’s prospects are quite surprising.

Presently trading around 20p, their share price needs dig below 13p to spell trouble as 8p calculates as “ultimate” bottom.

Hey, chart goes here

Ferrexpo (LSE:FXPO) The 3rd largest exporter of pellets to the global steel industry, Ferrexpo are located in Ukraine where they presumably inhabit a very big hole in the ground. Established for more than 40 years, they are London listed as members of the FTSE 250.

The share price has been making some extraordinary movements this year, the price finally choosing to accelerate beyond a roughly 3 quid glass ceiling which has been clouding things since 2011. The immediate situation feels quite optimistic, needing growth above 500p to promote the concept of travel to 533p. Our secondary is quite a surprise, calculating at a longer term 571p which will be a new all time high.

Currently trading around 480p, it requires below 277p before an investment is running shoes becomes essential!

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
10:45:41PM BRENT 68.61 Shambles
10:47:25PM GOLD 1837.7 Success
10:49:30PM FTSE 6962.07 6911 6886.5 6857 6963 6990 7007 7039 6946 Success
10:51:40PM FRANCE 6262.8 ditto
10:54:40PM GERMANY 15100 ditto
10:57:58PM US500 4145 4109 4088 4066 4159 4175 4196 4225 4146 ditto
11:01:02PM DOW 34232 ditto
11:03:55PM NASDAQ 13332 Shambles
11:06:15PM JAPAN 28542
11/05/2021 FTSE Closed at 6947 points. Change of -2.47%. Total value traded through LSE was: £ 7,031,531,361 a change of 14.21%
10/05/2021 FTSE Closed at 7123 points. Change of -0.08%. Total value traded through LSE was: £ 6,156,776,739 a change of 2.81%
7/05/2021 FTSE Closed at 7129 points. Change of 0.75%. Total value traded through LSE was: £ 5,988,474,650 a change of -25.26%
6/05/2021 FTSE Closed at 7076 points. Change of 0.53%. Total value traded through LSE was: £ 8,012,209,382 a change of 24%
5/05/2021 FTSE Closed at 7039 points. Change of 1.68%. Total value traded through LSE was: £ 6,461,512,143 a change of 1.02%
4/05/2021 FTSE Closed at 6923 points. Change of -0.66%. Total value traded through LSE was: £ 6,395,995,707 a change of -1.38%
30/04/2021 FTSE Closed at 6969 points. Change of -100%. Total value traded through LSE was: £ 6,485,673,817 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:AFC AFC Energy** **LSE:ASC Asos** **LSE:BPC Bahamas Pet** **LSE:CBX Cellular Goods** **LSE:DDDD 4D Pharma** **LSE:HIK Hikma** **LSE:IGAS Igas Energy** **LSE:IPF International Personal Finance** **LSE:IQE IQE** **LSE:ITM ITM Power** **LSE:SBRY Sainsbury** **

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Updated charts published on : AFC Energy, Asos, Bahamas Pet, Cellular Goods, 4D Pharma, Hikma, Igas Energy, International Personal Finance, IQE, ITM Power, Sainsbury,

LSE:AFC AFC Energy Close Mid-Price: 54.4 Percentage Change: -3.72% Day High: 56.1 Day Low: 50.2

Continued weakness against AFC taking the price below 50.2 calculates as ……..

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View Previous AFC Energy & Big Picture ***

LSE:ASC Asos Close Mid-Price: 4890 Percentage Change: -2.20% Day High: 4959 Day Low: 4789

In the event Asos experiences weakness below 4789 it calculates with a dr ……..

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View Previous Asos & Big Picture ***

LSE:BPC Bahamas Pet Close Mid-Price: 0.32 Percentage Change: -8.57% Day High: 0.35 Day Low: 0.31

Target met. If Bahamas Pet experiences continued weakness below 0.31, it ……..

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LSE:CBX Cellular Goods Close Mid-Price: 7.25 Percentage Change: -5.84% Day High: 7.65 Day Low: 7.08

Target met. Continued weakness against CBX taking the price below 7.08 ca ……..

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LSE:DDDD 4D Pharma Close Mid-Price: 94.5 Percentage Change: -3.87% Day High: 98.6 Day Low: 90.3

Target met. Continued weakness against DDDD taking the price below 90.3 c ……..

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LSE:HIK Hikma Close Mid-Price: 2301 Percentage Change: -2.09% Day High: 2356 Day Low: 2277

In the event Hikma experiences weakness below 2277 it calculates with a d ……..

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LSE:IGAS Igas Energy Close Mid-Price: 20 Percentage Change: -6.98% Day High: 21.5 Day Low: 20

Target met. In the event Igas Energy experiences weakness below 20 it cal ……..

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LSE:IPF International Personal Finance Close Mid-Price: 130.8 Percentage Change: -0.76% Day High: 133 Day Low: 126.2

Further movement against International Personal Finance ABOVE 133 should ……..

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LSE:IQE IQE Close Mid-Price: 53.8 Percentage Change: -7.40% Day High: 57.4 Day Low: 53.5

Target met. Continued weakness against IQE taking the price below 53.5 ca ……..

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LSE:ITM ITM Power Close Mid-Price: 352.2 Percentage Change: -2.87% Day High: 359.6 Day Low: 325

In the event ITM Power experiences weakness below 325 it calculates with ……..

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LSE:SBRY Sainsbury Close Mid-Price: 253.9 Percentage Change: -0.86% Day High: 257 Day Low: 252.9

All Sainsbury needs are mid-price trades ABOVE 257 to improve acceleratio ……..

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