Author: T&T Staff

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

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

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

 

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

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

 

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

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

FUTURES

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

 

24/08/2021 FTSE Closed at 7125 points. Change of 0.23%. Total value traded through LSE was: £ 4,849,105,310 a change of 11.85%

23/08/2021 FTSE Closed at 7109 points. Change of 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

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

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

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

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

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

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

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

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

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

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

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

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

********

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

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

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

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

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

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

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

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

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

Subscribe for more

</p

View Previous Caspian & Big Picture ***

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

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

Subscribe for more

</p

View Previous Fresnillo & Big Picture ***

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

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

Subscribe for more

</p

View Previous HSBC & Big Picture ***

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

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

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

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

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

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

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

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

Subscribe for more

</p

View Previous Omega Diags & Big Picture ***

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

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

Subscribe for more

</p

View Previous Oxford Instruments & Big Picture ***

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

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

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

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

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

Subscribe for more

</p

View Previous Spirax & Big Picture ***

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

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

Subscribe for more

</p

View Previous Serco & Big Picture ***

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

#Gold #SP500 Sometimes, there is a strange type of fatalistic attitude on the markets. An immediate example of this type of thinking relates to the S&P 500, the complaint being fairly straightforward; ‘It’s going up!’. Doubtless, the fact the index closed just 0.73 below its prior high will now also be used as an excuse to manufacture fear in the marketplace. Just as there’s no rule which inhibits a price from falling below a certain level, equally there’s no rule dictating how high a price may go.

One of our favourite ‘Red Flag’ statements relating to share prices is the classic, “the share price is absurdly cheap at such a level.” Unfortunately, folk who believe the integrity of such generally find themselves walking funny, upon discovering their 100p share can quite cheerfully slip lower. However, sometimes trite analysis can have a pretty firm basis in logic. Apparently, the S&P has now experienced 201 sessions without experiencing a reversal of more than 5% and the argument is being made we should expect one.

At first glance, the chart below allows the pretence this could be right. We should all be looking nervously over our shoulders but there is another reality. The previous longest stretch without a pullback of above 5% occurred in early 2018, when 404 sessions of growth elapsed before it all went a little bit wrong. Just because the index is currently at 201 sessions shouldn’t make people nervous. But what makes us nervous has been the pace of climb since the Covid-19 crash in 2020. This US index has more than doubled in value since the pandemic low. Often, a relentless climb such as this risks being wiped off the map in just a few sessions. This isn’t always true, Tesla Motor being a case in point but equally, crypto currency tends repay sharp rises with remorseless falls.

 

Our preferred attitude is to provide a reversal logic which is fairly tame, hopefully able to provide early warning of stormy times ahead should our drop targets start being broken.

In the case of the S&P, below 4397 looks problematic, allowing reversal to an initial 4279. If broken, our secondary works out at 4220 points, a level where the visuals give some hope for a bounce. In fairness, this would also virtually match the 5% reversal expectation too. Keeping with our habit of examining how bad things can really get, should the index close a session below 4220 points, a pretty severe reversal path down to 3633 eventually becomes arithmetically possible.

Earlier, we said there is never a certainty of a ceiling or floor in the marketplace.

There’s a pretty cloudy argument making it extremely difficult to plot future upward potentials for the S&P. However, should the index next manage to trade above 4490 points, we can currently provide a scenario where continued gains toward 4597 are expected with a seriously longer term influence exerted at an amazing 4969 points! Normally, we’d have trouble accepting such lofty ambitions but since the pandemic hit, ‘normality’ has become a concept the markets no longer understand, if they ever did!

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

A huge thanks to the folk who found adverts here interesting on Monday. Our error with Eurasia almost seemed to turn the page into clickbait, making nonsense headlines understandable. (Not our style…)

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:31:44PM	BRENT	68.36									Success
10:33:56PM	GOLD	1805.7	1784	1782	1774	1792	1806	1818	1826	1790	Success
10:37:57PM	FTSE	7120.54									Shambles
10:40:25PM	FRANCE	6685.7									Success
10:43:40PM	GERMANY	15865									Hmmm
10:51:08PM	US500	4486.22	4442	4426	4405	4470	4489	4492	4538	4442	Success
10:53:56PM	DOW	35384.5									Success
10:56:44PM	NASDAQ	15333.72									Success
10:59:41PM	JAPAN	27597									‘cess

 

23/08/2021 FTSE Closed at 7109 points. Change of 0.31%. Total value traded through LSE was: £ 4,335,174,689 a change of -8.49%

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

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

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

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

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

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:IGG IG Group** **LSE:MKS Marks and Spencer** **LSE:ODX Omega Diags** **LSE:RR. Rolls Royce** **LSE:SBRY Sainsbury** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:TSCO Tesco** **

********

Updated charts published on : BALFOUR BEATTY, Barrett Devs, British Telecom, Empyrean, IG Group, Marks and Spencer, Omega Diags, Rolls Royce, Sainsbury, Spirax, Serco, Tesco,

LSE:BBY BALFOUR BEATTY Close Mid-Price: 283 Percentage Change: -2.28% Day High: 296.4 Day Low: 281.8

Weakness on BALFOUR BEATTY below 281.8 will invariably lead to 280 with s ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:BDEV Barrett Devs Close Mid-Price: 709.8 Percentage Change: -0.76% Day High: 726.6 Day Low: 707.6

All Barrett Devs needs are mid-price trades ABOVE 726.6 to improve accele ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:BT.A British Telecom Close Mid-Price: 168.15 Percentage Change: -3.03% Day High: 174.45 Day Low: 166.15

Weakness on British Telecom below 166.15 will invariably lead to 160 with ……..

Subscribe for more

</p

View Previous British Telecom & Big Picture ***

LSE:EME Empyrean. Close Mid-Price: 5.85 Percentage Change: + 1.74% Day High: 5.85 Day Low: 5.75

This is messing around in quite an alarming fashion. Weakness now below 5. ……..

Subscribe for more

</p

View Previous Empyrean & Big Picture ***

LSE:IGG IG Group Close Mid-Price: 932 Percentage Change: -0.48% Day High: 945 Day Low: 931

All IG Group needs are mid-price trades ABOVE 945 to improve acceleration ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:MKS Marks and Spencer. Close Mid-Price: 163.9 Percentage Change: + 0.68% Day High: 167.65 Day Low: 164.2

Continued trades against MKS with a mid-price ABOVE 167.65 should improve ……..

Subscribe for more

</p

View Previous Marks and Spencer & Big Picture ***

LSE:ODX Omega Diags. Close Mid-Price: 49.5 Percentage Change: + 17.86% Day High: 49.5 Day Low: 40.5

Further movement against Omega Diags ABOVE 52 should improve acceleration ……..

Subscribe for more

</p

View Previous Omega Diags & Big Picture ***

LSE:RR. Rolls Royce. Close Mid-Price: 113.74 Percentage Change: + 3.25% Day High: 114.3 Day Low: 111.1

Further movement against Rolls Royce ABOVE 114.3 should improve accelerat ……..

Subscribe for more

</p

View Previous Rolls Royce & Big Picture ***

LSE:SBRY Sainsbury. Close Mid-Price: 340 Percentage Change: + 15.37% Day High: 341.2 Day Low: 302

Target met. Should Sainsbury enjoy further trades beyond 343, the share sh ……..

Subscribe for more

</p

View Previous Sainsbury & Big Picture ***

LSE:SPX Spirax. Close Mid-Price: 16045 Percentage Change: + 0.53% Day High: 16125 Day Low: 15920

Target met. All Spirax needs are mid-price trades ABOVE 16125 to improve ……..

Subscribe for more

</p

View Previous Spirax & Big Picture ***

LSE:SRP Serco Close Mid-Price: 134.8 Percentage Change: -1.39% Day High: 137.5 Day Low: 134.6

In the event Serco experiences weakness below 134.6 it calculates with a ……..

Subscribe for more

</p

View Previous Serco & Big Picture ***

LSE:TSCO Tesco. Close Mid-Price: 251.5 Percentage Change: + 2.03% Day High: 252.8 Day Low: 247.75

Target met. All Tesco needs are mid-price trades ABOVE 253 to improve acc ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

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

#Brent #Dax We made an editing mistake with Eurasia Mining the other day. Our sentence regarding commencement of extraction missed a key phrase, “ at all sites“. This was important, its absence implying the company produce nothing!. Our apologies. Back among the FTSE 100 gang, Barclays Plc, continue to confuse, their share price slowly moving up and down above a trend which has been obvious since 2013.

Presently trading around 180p, while the visuals continue to demand price movements dare not be taken seriously until such time the price betters 190p, price movements during the last few weeks allow us to slightly moderate this trigger level. From our perspective, even above 188.3p is now liable to trigger some ‘proper’ share price movement, allowing price growth to an initial 199p with secondary, if exceeded, at a longer term 240p. The historical visuals on the chart suggest we should expect some hesitation at the 240p level, if only due to a series of highs back in 2017. Essentially, there’s going to be a bunch of folk who’ve been trapped for fours years, doubtless keen to retrieve their funds and this invariably produces some selling pressure. We suspect, for the long term, this may prove an error, thanks to an underlying attraction quite a bit higher.

The alternate situation for Barclays Plc lurks at 156p. We would have considerable alarm, if the share price discovered an excuse to slump below such a level. The implications risk being truly unpleasant, calculating with an initial reversal potential of 125p with secondary, if broken, a seriously nasty bottom at 100p. Surprisingly, very little among the chart visuals tends agree with these target levels and as a result, we’re inclined to relax on the reversal potential front.

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

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
8:24:38PM	BRENT	64.65	64.6	63.5	59.48	66.75	66.75	67.5	68.45	64.8
8:26:33PM	GOLD	1781.63
8:28:09PM	FTSE	7110.1
8:29:50PM	FRANCE	6637
8:32:29PM	GERMANY	15827	15653	15585	15503	15755	15833	15841	15867	15766
8:37:00PM	US500	4441.42									‘cess
8:44:12PM	DOW	35177									‘cess
8:46:00PM	NASDAQ	15086									Success
8:48:47PM	JAPAN	27237									‘cess

 

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

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

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

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

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

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%

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

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:BARC Barclays** **LSE:BBY BALFOUR BEATTY** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:IAG British Airways** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:MRW Morrisons** **LSE:NG. National Glib** **

********

Updated charts published on : Barclays, BALFOUR BEATTY, Challenger Energy (aka Bahamas Pet), Genel, Gulf Keystone, British Airways, IG Group, ITM Power, Morrisons, National Glib,

LSE:BARC Barclays. Close Mid-Price: 179.32 Percentage Change: + 0.23% Day High: 180.12 Day Low: 176.94

Even above 183 is now supposed to bring recovery to an initial 188.5 with ……..

Subscribe for more

</p

View Previous Barclays & Big Picture ***

LSE:BBY BALFOUR BEATTY. Close Mid-Price: 289.6 Percentage Change: + 0.49% Day High: 291.2 Day Low: 284.8

If BALFOUR BEATTY experiences continued weakness below 284.8, it will inv ……..

Subscribe for more

</p

View Previous BALFOUR BEATTY & Big Picture ***

LSE:CEG Challenger Energy (aka Bahamas Pet) Close Mid-Price: 1.56 Percentage Change: -5.45% Day High: 1.65 Day Low: 1.55

Target met. If Challenger Energy (aka Bahamas Pet) experiences continued ……..

Subscribe for more

</p

View Previous Challenger Energy (aka Bahamas Pet) & Big Picture ***

LSE:GENL Genel Close Mid-Price: 122 Percentage Change: -10.29% Day High: 133.2 Day Low: 114

Target met. Weakness on Genel below 114 will invariably lead to 104 with ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GKP Gulf Keystone Close Mid-Price: 143 Percentage Change: -2.19% Day High: 145.8 Day Low: 139.8

Continued weakness against GKP taking the price below 139.8 calculates as ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:IAG British Airways Close Mid-Price: 158.92 Percentage Change: -0.56% Day High: 160.84 Day Low: 155.6

If British Airways experiences continued weakness below 155.6, it will i ……..

Subscribe for more

</p

View Previous British Airways & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 936.5 Percentage Change: + 0.75% Day High: 942 Day Low: 929.5

In the event of IG Group enjoying further trades beyond 942, the share sh ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:ITM ITM Power Close Mid-Price: 459.8 Percentage Change: -0.48% Day High: 465.4 Day Low: 450.4

All ITM Power needs are mid-price trades ABOVE 465.4 to improve accelerat ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

LSE:MRW Morrisons. Close Mid-Price: 291 Percentage Change: + 4.23% Day High: 292.6 Day Low: 290.7

Target met. Further movement against Morrisons ABOVE 292.6 should improve ……..

Subscribe for more

</p

View Previous Morrisons & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 979 Percentage Change: + 0.07% Day High: 983.6 Day Low: 974.1

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

Subscribe for more

</p

View Previous National Glib & Big Picture ***

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

FTSE for FRIDAY and the price of wood! (FTSE:UKX) “What’s that got to do with the price of fish?” is one of these trite sayings which makes absolutely no sense, almost like a sentence which uses words such as ‘politician’ and ‘integrity’. However, an experience visiting a local timber merchant brought a new sentence to the table; “and what about the price of wood?”

 

We fear this frivolous detail may become important to the stock market, perhaps the wider economy. The problem is pretty basic. Wood has gotten seriously expensive, tripling in price during the last few months. On the ‘To Do’ list for 2021 was ‘Build A Replacement Shed’, the existing one looking like it shall refuse to remain standing, when the autumn gales come. Hot weather legislated against tackling the job as woodwork is essentially a hobby and supposed to be enjoyable. As the weather has cooled, this week has been spent removing the contents of the existing shed, taking a guilty amount to the local dump, and ensuring everything else will remain dry while the shed is demolished.

As it was time to finally order components for the replacement shed, a shock awaiting at the counter of the timber shop. We’d worked out ball park costs earlier in the year, when deciding whether to buy a complete shed kit or to build one from scratch. Building from scratch (more fun anyway) was roughly 1/3 the cost of a kit, so was expecting to pay around £250 for materials. The first shock was the cost of cladding for the sides of the new shed. The material, generally a really cheap type of wood, was going to cost £740. The rough wood, for the frame, worked out at £170, and the flooring panels added a further £90 to the job.

The bloke behind the counter agreed with our reaction, explaining shortages had forced prices skyward. We were not the first customers to turn away in horror at the price changes, something seriously effecting his sales.

 

If we zoom out and regard this from a bigger picture stance, timber is such a basic building material and the need to re-cost future works must be giving problems. A call to a chum confirmed the issue, his company supplies and fits kitchens. Sales have declined to the extent he’s opting to close this part of his company. From our standpoint, we were able to make a quick decision. We ordered a steel shed for just under 500 quid! But the soaring price of timber must surely force pain on the price of virtually every part of the building trade. What did surprise, apparently timber prices in Europe are fairly static. This price thing is being blamed on Brexit.

The point behind this diatribe is an unpleasant suspicion a reality bomb is going to hit the UK markets in months to come.

 

As for the FTSE for Friday, the immediate drop (blamed on publication of Minutes from a US Federal Reserve meeting) produced a pretty vile Thursday and we suspect the story isn’t yet over. At present, the FTSE needs climb above 7100 points to convince us weakness below 7020 points shall probably trigger reversal to an initial 6955 points next. If broken, our secondary calculates at 6722 points and hopefully a proper bounce, should it be achieved.

Should the FTSE manage to clamber above 7100, some slight gains appear possible toward an initial 7125 points. If bettered, our secondary works out at a more useful 7160 points. The important aspect to this secondary ambition comes from the Blue downtrend on the chart, the line which dates to the days before the pandemic hit the fan. Conventionally, regaining such an important trend will prove critical as strong recovery usually follows.

Once again, we end the week with the classic “It’s Fingers Crossed Time For The FTSE!”.

Have a good weekend.

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

Hopefully you find a useful advertising link on this page. It buys us a coffee.

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
10:05:34PM	BRENT	66.26	65.22	64.4		66.49	67.24	67.505		66.22	Success
10:07:39PM	GOLD	1780.22	1774	1769.5		1782	1784	1786.5		1779	‘cess
10:11:19PM	FTSE	7079.5	7036	7012		7090	7107	7140.5		7048	Success
10:13:55PM	FRANCE	6619.7	6558	6525		6637	6659	6678		6596	Success
10:15:58PM	GERMANY	15806	15622	15531.5		15728	15824	15875.5		15724	Success
10:22:37PM	US500	4408.62	4355	4323		4400	4419	4431		4382	Success
10:24:46PM	DOW	34910	34563	34426		34777	35009	35125.5		34697	Shambles
10:28:24PM	NASDAQ	14949	14714	14608.5		14842	14986	15022		14886	‘cess
10:30:34PM	JAPAN	27257	26951	26855		27155	27432	27495.5		27264	Success

 

 

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

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

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

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

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%

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

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:BDEV Barrett Devs** **LSE:CPI Capita** **LSE:GKP Gulf Keystone** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:ITM ITM Power** **LSE:NG. National Glib** **LSE:PMG Parkmead** **LSE:RMG Royal Mail** **LSE:TLW Tullow** **

********

Updated charts published on : Barrett Devs, Capita, Gulf Keystone, IG Group, Intercontinental Hotels Group, ITM Power, National Glib, Parkmead, Royal Mail, Tullow,

LSE:BDEV Barrett Devs Close Mid-Price: 711.2 Percentage Change: -1.50% Day High: 720.2 Day Low: 708.6

The lack of attempts to head upward are a worry, suggesting weakness next ……..

Subscribe for more

</p

View Previous Barrett Devs & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 50.44 Percentage Change: + 1.24% Day High: 50.68 Day Low: 48.57

Continued trades against CPI with a mid-price ABOVE 50.68 should improve ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:GKP Gulf Keystone Close Mid-Price: 146.2 Percentage Change: -4.57% Day High: 150.8 Day Low: 145.2

If Gulf Keystone experiences continued weakness below 145.2, it will inva ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:IGG IG Group Close Mid-Price: 929.5 Percentage Change: -0.32% Day High: 934.5 Day Low: 924.5

Target met. Further movement against IG Group ABOVE 934.5 should improve ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4475 Percentage Change: -0.82% Day High: 4497 Day Low: 4389

Continued weakness against IHG taking the price below 4389 calculates as ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***

LSE:ITM ITM Power. Close Mid-Price: 462 Percentage Change: + 4.86% Day High: 463.2 Day Low: 426.6

Further movement against ITM Power ABOVE 463.2 should improve acceleratio ……..

Subscribe for more

</p

View Previous ITM Power & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 978.3 Percentage Change: + 0.98% Day High: 979.5 Day Low: 967.5

Continued trades against NG. with a mid-price ABOVE 979.5 should improve ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

LSE:PMG Parkmead Close Mid-Price: 43.65 Percentage Change: -7.13% Day High: 44.5 Day Low: 42

If Parkmead experiences continued weakness below 42, it will invariably l ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

LSE:RMG Royal Mail Close Mid-Price: 489.2 Percentage Change: -1.47% Day High: 494.2 Day Low: 481.4

Target met. Continued weakness against RMG taking the price below 481.4 c ……..

Subscribe for more

</p

View Previous Royal Mail & Big Picture ***

LSE:TLW Tullow Close Mid-Price: 42.02 Percentage Change: -5.04% Day High: 43.89 Day Low: 40.76

Weakness on Tullow below 40.76 will invariably lead to 37 with secondary ……..

Subscribe for more

</p

View Previous Tullow & Big Picture ***

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

#DaxFutures #Gold In a fit of curiosity, taking the time to discover what Eurasia actually mine provided some interesting information, explaining the massive rise and reversal experienced over the last year. Modern electric vehicles need batteries and batteries need specialist metals. Eurasia, by securing sites in Russia, look capable of producing a strong future for themselves.

The fly in the ointment?

The share price rose on speculation and now, the reality of it being another few years before extraction fully begins in all sites is doubtless allowing weakness to establish. Trader focus naturally wanes, impatience makes itself known and a lack of immediate optimism takes over. There is something painfully familiar with the share price arc and doubtless many private investors face a protracted period, while their money takes a long holiday as it’s trapped at higher prices. However, as ongoing growth of electric vehicles is being virtually legislated, the company shall doubtless get another day in the sun in the years ahead, when full production commences to satisfy the demand from an increasing market.

 

Unfortunately, for now, we’re still concerned for the immediate price potentials. The share has now closed below the levels of two prior closing price lows, creating a dangerous situation. Presently trading around 17.6p, the share need only weaken below 16.25p to bring weakness to an initial 14.5p. If such a level breaks, we’d anticipate the price to bottom at 10p, plus or minus a penny or so. This is thanks to the circled manipulation gap on the chart. We now cannot calculate anything below 10p.

To provide an alternate scenario, the share needs exceed the immediate Blue downtrend. This demands the price better 23p to trigger surprise recovery to 27p with secondary, if exceeded, now at 30p. Visually, there’s an extremely strong argument suggesting a glass ceiling awaits at the 30p level. But should the share manage to actually close a session sometime in the future above 30p, we’re able to provide the potential of a massive jump to an eventual 46p.

 

The bad news; we fear it intends the 10p level eventually.

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

Yet again, many thanks to the kind folk who find adverts on this page interesting. We think of them, every time a coffee is made!

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:32:14PM	BRENT	67.1									Success
9:34:14PM	GOLD	1787	1780	1776	1771	1789	1793	1798	1805	1784
9:36:59PM	FTSE	7127.25
9:39:57PM	FRANCE	6735									Success
9:42:32PM	GERMANY	15879	15852	15814	15760	15918	15914	15921	15944	15880	‘cess
9:45:42PM	US500	4393									Success
9:49:00PM	DOW	34902									Success
10:06:10PM	NASDAQ	14845									Success
10:08:12PM	JAPAN	27367									‘cess

 

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

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

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

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%

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

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

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

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:CCL Carnival** **LSE:CPI Capita** **LSE:HUR Hurrican Energy** **LSE:IGG IG Group** **LSE:IHG Intercontinental Hotels Group** **LSE:NG. National Glib** **LSE:TSCO Tesco** **

********

Updated charts published on : Aston Martin, Carnival, Capita, Hurrican Energy, IG Group, Intercontinental Hotels Group, National Glib, Tesco,

LSE:AML Aston Martin Close Mid-Price: 1982.5 Percentage Change: -2.15% Day High: 2045 Day Low: 1976

Now above 2125 allows for recovery to an initial 2170p. If bettered, our l ……..

Subscribe for more

</p

View Previous Aston Martin & Big Picture ***

LSE:CCL Carnival. Close Mid-Price: 1489.6 Percentage Change: + 1.80% Day High: 1499.6 Day Low: 1433.2

The cruise ships moored locally for the last few years have finally left, ……..

Subscribe for more

</p

View Previous Carnival & Big Picture ***

LSE:CPI Capita. Close Mid-Price: 49.82 Percentage Change: + 3.79% Day High: 49.7 Day Low: 47.87

Target met. All Capita needs are mid-price trades ABOVE 49.7 to improve a ……..

Subscribe for more

</p

View Previous Capita & Big Picture ***

LSE:HUR Hurrican Energy. Close Mid-Price: 2.2 Percentage Change: + 4.02% Day High: 2.4 Day Low: 2.01

Surely the hurricane season must come soon! Unfortunately, it looks very l ……..

Subscribe for more

</p

View Previous Hurrican Energy & Big Picture ***

LSE:IGG IG Group. Close Mid-Price: 932.5 Percentage Change: + 2.08% Day High: 931.5 Day Low: 912.5

Target met. Continued trades against IGG with a mid-price ABOVE 931.5 sho ……..

Subscribe for more

</p

View Previous IG Group & Big Picture ***

LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 4512 Percentage Change: + 0.27% Day High: 4519 Day Low: 4456

Target met. Weakness on Intercontinental Hotels Group below 4456 will inv ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 968.8 Percentage Change: + 0.63% Day High: 971.7 Day Low: 961.4

Target met. Further movement against National Glib ABOVE 971.7 should imp ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

LSE:TSCO Tesco. Close Mid-Price: 245.3 Percentage Change: + 0.02% Day High: 247.15 Day Low: 243.75

In the event of Tesco enjoying further trades beyond 247.15, the share sh ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

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

#CAC40 #Nasdaq In a stunning movement, #BHP reached a high of 2,504p on 17th August. It was “stunning” for various reasons. When we reviewed the share 9 months ago, our secondary target was at 2,503p. Being just 1p out in target logic for a 25 quid share is quite pleasing. Also, this represented a new post-pandemic High for the company, well deserved given their reported boost in profits and payment of a decent dividend.

Of course, we’d wondered if the announcement of the company intending delisting from the FTSE in London and fleeing to the Sydney exchange would foul things up. On paper, this shouldn’t be an issue for shareholders but there may prove to be a problem with funds which only track FTSE 100 components. Perhaps a bunch of shares may require sold, prior to BHP moving house. But for the FTSE itself, losing BHP may not be a bad thing. The massive capital size of BHP ensures miners price movements can disproportionately effect the FTSE and the loss of the biggest may redress the balance. Then again, if this is so with BHP enjoying All Time Highs, why the heck is the FTSE in such a dire state? Especially when compared to other countries and their national indices.

 

The chart below certainly presents a pretty picture with BHP “only” needing trades now above 2,505p to trigger further growth to 2,575p. If bettered, our longer term secondary calculation comes out with a future 2,751p as a major ambition.

For everything to go pear shaped, BHP share price currently needs weaken below 1,980p. Such a movement looks capable of inspiring greater terror than being offered Vegemite in Australia. Initially, if this level triggers, we’re looking for reversal to 1,793p which is a problem from our perspective. The trend break circled in Red on the chart shows the current growth cycle triggered from 1,800p. Anything capable of driving the price below such a level has dire implication for the longer term, suggesting a painful reversal cycle to 1,558p shall become probable.

Given the companies record profits and stated aims for reorganisation, we’re not currently convinced by any threat of weakness.

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

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:43:35PM	BRENT	68.75
9:45:30PM	GOLD	1785.61									‘cess
9:48:25PM	FTSE	7168.34									Shambles
9:56:47PM	FRANCE	6818.2	6785	6776	6759	6810	6826	6836	6853	6799	Success
9:59:02PM	GERMANY	15895
10:01:19PM	US500	4443									Success
10:03:30PM	DOW	35289.5									Success
10:07:46PM	NASDAQ	14974.6	14903	14895	14812	14980	15096	15143	15223	15025
10:10:06PM	JAPAN	27427									Success

 

 

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

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

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%

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

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

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

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:DDDD 4D Pharma** **LSE:IHG Intercontinental Hotels Group** **LSE:NG. National Glib** **LSE:PMG Parkmead** **LSE:QFI Quadrise** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **

********

Updated charts published on : Avacta, 4D Pharma, Intercontinental Hotels Group, National Glib, Parkmead, Quadrise, Tesco, VICTORIA,

LSE:AVCT Avacta Close Mid-Price: 105 Percentage Change: -4.55% Day High: 109 Day Low: 97

Target met. If Avacta experiences continued weakness below 97, it will in ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

LSE:DDDD 4D Pharma Close Mid-Price: 80.2 Percentage Change: -0.50% Day High: 84.4 Day Low: 78.5

Target met. In the event 4D Pharma experiences weakness below 78.5 it cal ……..

Subscribe for more

</p

View Previous 4D Pharma & Big Picture ***

LSE:IHG Intercontinental Hotels Group Close Mid-Price: 4500 Percentage Change: -1.90% Day High: 4573 Day Low: 4473

In the event Intercontinental Hotels Group experiences weakness below 447 ……..

Subscribe for more

</p

View Previous Intercontinental Hotels Group & Big Picture ***

LSE:NG. National Glib. Close Mid-Price: 962.7 Percentage Change: + 0.61% Day High: 966.6 Day Low: 951.9

All National Glib needs are mid-price trades ABOVE 966.6 to improve accel ……..

Subscribe for more

</p

View Previous National Glib & Big Picture ***

LSE:PMG Parkmead Close Mid-Price: 45 Percentage Change: -0.99% Day High: 44.2 Day Low: 44.2

Parkmead looks like engaging reverse. Movement next below 44 suggests trav ……..

Subscribe for more

</p

View Previous Parkmead & Big Picture ***

LSE:QFI Quadrise Close Mid-Price: 4.42 Percentage Change: -1.01% Day High: 5 Day Low: 4.4

In the event of Quadrise enjoying further trades beyond 5p, the share sho ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***

LSE:TSCO Tesco. Close Mid-Price: 245.25 Percentage Change: + 1.30% Day High: 246.15 Day Low: 239.7

Target met. Further movement against Tesco ABOVE 246.15 should improve ac ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

LSE:VOG VICTORIA. Close Mid-Price: 3.55 Percentage Change: + 5.97% Day High: 3.55 Day Low: 3.33

In the event VICTORIA experiences weakness below 3.33 it calculates with ……..

Subscribe for more

</p

View Previous VICTORIA & Big Picture ***

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

#Gold #SP500 News of a change to Purplebricks business model looks fascinating and we wonder if this shall prove pivotal in arresting the decline of the share price. Already, there’s a heck of an argument promoting the concept of a bounce before 60p and the share price, trading at 62p at time of writing, is already effectively in the bounce zone. The surprising thing comes from reading commentary on what the company intend.

 

Apparently, their plan is to create 600 new jobs, simply by changing the status of their property agents from “self employed” to “employee”. This seemingly attractive idea has a couple of caveats. Those folk currently self employed will need apply for their existing jobs. And there is no certainty of being accepted. In addition, if successful, the new “employee” will be on a 6 month probation period. Any existing property agent who employs staff for admin will also need make them redundant. The change in concept is fascinating, doubtless infuriating many who’ve enjoyed a self employed secure lifestyle as they’ll be aware the only reason Purplebricks are making this movement is to improve company earnings.

After all, no corporate body likes to see ‘their’ profit being diluted!

An eyebrow can be raised with this behaviour, thanks to experience with the major oil companies in the last decade of the 20th century. Each corporate entity really hated the idea of their self employed retailers making money, in some cases a lot of money. Eventually, decisions were made to turn petrol retailers into petrol station managers, once they’d successfully been through an interview. If we fast forward to the present, very few of these smaller petrol stations remain open and virtually none of the “successful” manager applicants remain. This corporate initiative, to be blunt, removed initiative from the entire petrol retail network with many stations shut, due to falling revenues. Throughout the UK, the landscape is littered with old petrol station plots, no-one keen on buying the land due to the potential of historic ground contamination.

 

We suspect the markets shall assume Purplebricks have the right idea. Should the share price accelerate beyond 74p anytime soon, we calculate the potential of an initial ambition at 84p. If bettered, an attempt at 109p looks very possible, a price level which looks like it’s currently auditioning as a glass ceiling. Only with closure above 109p dare we feel some strong potentials shall make themselves known as 167p works out as a sensible longer term hope.

Conversely, if it all intends go wrong, below 60p currently risks reversal to 46p with our secondary, if broken, calculating at a bottom of 25p. We cannot calculate below such a point.

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

Many thanks to the nice folk who find adverts on this page deserving of a visit. We regard the revenue as buying us a daily essential latte.

 

FUTURES

Time Issued	Market	Price At Issue	Short Entry	Fast Exit	Slow Exit	Stop	Long Entry	Fast Exit	Slow Exit	Stop	Prior
9:40:25PM	BRENT	69.41									Success
9:42:26PM	GOLD	1787.41	1770	1765	1757	1780	1789	1796	1801	1770	‘cess
9:44:24PM	FTSE	7165									Success
9:46:33PM	FRANCE	6858.7									Success
9:48:57PM	GERMANY	15948									Success
9:51:35PM	US500	4476.02	4447	4436	4421	4461	4478	4484	4499	4455	Success
9:55:58PM	DOW	35589.8									Success
9:58:20PM	NASDAQ	15139									Success
10:00:24PM	JAPAN	27659									Success

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

13/08/2021 FTSE Closed at 7218 points. Change of 0.35%. Total value traded through LSE was: £ 3,978,009,773 a change of -26.52%

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

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

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

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

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

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:AVCT Avacta** **LSE:CEG Challenger Energy (aka Bahamas Pet)** **LSE:DDDD 4D Pharma** **LSE:GENL Genel** **LSE:GKP Gulf Keystone** **LSE:PHP Primary Health** **LSE:POG Petrop etc** **LSE:QFI Quadrise** **LSE:RBD Reabold Resources PLC** **LSE:TSCO Tesco** **

********

Updated charts published on : AFC Energy, Avacta, Challenger Energy (aka Bahamas Pet), 4D Pharma, Genel, Gulf Keystone, Primary Health, Petrop etc, Quadrise, Reabold Resources PLC, Tesco,

LSE:AFC AFC Energy Close Mid-Price: 58.8 Percentage Change: -0.84% Day High: 61.8 Day Low: 58

Above 63.5 is liable to prove significant, now allowing for recovery to an ……..

Subscribe for more

</p

View Previous AFC Energy & Big Picture ***

LSE:AVCT Avacta Close Mid-Price: 110 Percentage Change: -6.78% Day High: 118.5 Day Low: 105.5

Continued weakness against AVCT taking the price below 105.5 calculates a ……..

Subscribe for more

</p

View Previous Avacta & Big Picture ***

LSE:CEG Challenger Energy (aka Bahamas Pet). Close Mid-Price: 1.77 Percentage Change: + 2.01% Day High: 1.77 Day Low: 1.65

Continued weakness against CEG taking the price below 1.65 calculates as ……..

Subscribe for more

</p

View Previous Challenger Energy (aka Bahamas Pet) & Big Picture ***

LSE:DDDD 4D Pharma Close Mid-Price: 80.6 Percentage Change: -2.89% Day High: 82.9 Day Low: 80

Continued weakness against DDDD taking the price below 80 calculates as l ……..

Subscribe for more

</p

View Previous 4D Pharma & Big Picture ***

LSE:GENL Genel Close Mid-Price: 135 Percentage Change: -1.60% Day High: 140 Day Low: 132

If Genel experiences continued weakness below 132, it will invariably lea ……..

Subscribe for more

</p

View Previous Genel & Big Picture ***

LSE:GKP Gulf Keystone Close Mid-Price: 156 Percentage Change: -1.14% Day High: 160 Day Low: 150.2

Weakness on Gulf Keystone below 150.2 will invariably lead to 126 initial ……..

Subscribe for more

</p

View Previous Gulf Keystone & Big Picture ***

LSE:PHP Primary Health. Close Mid-Price: 167.8 Percentage Change: + 0.36% Day High: 169.2 Day Low: 167.2

Further movement against Primary Health ABOVE 169.2 should improve accele ……..

Subscribe for more

</p

View Previous Primary Health & Big Picture ***

LSE:POG Petrop etc. Close Mid-Price: 19.38 Percentage Change: + 1.52% Day High: 19.38 Day Low: 17.76

In the event Petrop etc experiences weakness below 17.76 it calculates wi ……..

Subscribe for more

</p

View Previous Petrop etc & Big Picture ***

LSE:QFI Quadrise. Close Mid-Price: 4.46 Percentage Change: + 14.49% Day High: 4.69 Day Low: 4

Target met. Continued trades against QFI with a mid-price ABOVE 4.69 shou ……..

Subscribe for more

</p

View Previous Quadrise & Big Picture ***

LSE:RBD Reabold Resources PLC Close Mid-Price: 0.34 Percentage Change: -4.17% Day High: 0.36 Day Low: 0.34

Weakness on Reabold Resources PLC below 0.34 and we still show 0.28 and t ……..

Subscribe for more

</p

View Previous Reabold Resources PLC & Big Picture ***

LSE:TSCO Tesco Close Mid-Price: 242.1 Percentage Change: -0.35% Day High: 243.25 Day Low: 240.6

Continued trades against TSCO with a mid-price ABOVE 243.25 should improv ……..

Subscribe for more

</p

View Previous Tesco & Big Picture ***

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