Will Vodafone Jump The Gap?

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

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

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

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

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

 

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

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

 

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

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

Hey, chart goes here

FUTURES

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

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

 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Hurricane Energy, bites like a Midge

#Gold #SP500 A few things can be irritating about Scotland. Obviously, the Scots themselves can be a major irritant but for second place, we’re torn between Hurricane Energy and an insect called ‘The Midge’. The Midge, famed for enjoying the fastest wing speed on the entire planet, unfortunately tends to provide an abiding memory for visitors and unfortunately, this year looks like providing a vintage crop of the vile little sods.

As can be assumed, a usually enjoyable session with the little tractor turned into some sort of Hitchcock nightmare on Tuesday, clouds of the biting monsters ensuring playtime finished quickly with a lawn uncut and the heavy grass roller still in storage. This new toy, essentially an extremely heavy concrete sausage which attaches to the tractor with chains, promises additional excuses to slowly promenade outside while pretending to be engaged in serious work.

 

Unlike the Scottish Midge, people didn’t need visit Scotland to be stung by Hurricane Energy, an explorer focussed on the seas around Scotland!

For some time, the share has been trading at levels where we cannot calculate an ultimate bottom. Once the price opted to drill below 11p in March 2020, we’ve been floundering thanks to a lack of “ultimate bottom” target levels. However, in the last week, the share price has managed to enact some interesting movements making us wonder if something important is about to happen. To be honest, we shall not be surprised if the ploy of a ‘share split’ is enacted, perhaps a 50:1 sleight of hand to pretend the share price is back trading at levels last seen in 2018 and 2019. Alas, the harsh reality with these games is an outcome where share prices again face a few years of being slaughtered by an unsympathetic market, the main losers being private investors.

Obviously, we’ve absolutely NO inside knowledge suggesting this sort of thing is coming, just a painfully familiar feeling. When a share remains trading despite the price being arithmetically miles below our “ultimate bottom” of 11p, we tend suspect some financial gymnastics are coming. Less likely (but it happens) is a flow of good news, capable of changing company fortunes.

 

However, if we chose to search for reasonable trigger levels, it appears Hurricane Energy needs trade above just 1.75p to give early warning for some reasonable movement. According to our software, movement above 1.75p should lead to a completely boring 2.25p. Only if the share price discovers a reason to explore above 2.25p do things become really interesting as recovery to an initial 3.5p calculates as possible.

If 3.5p is exceeded, our secondary works out at 4.4p and visually, it even makes some sense. In a conventional world, should such a level make an appearance, we shall need examine price movements and “run the numbers” again, thanks to some pretty illogical recovery levels making themselves known.

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
10:21:51PM BRENT 68.49
10:24:19PM GOLD 1899.14 1873 1868.5 1858 1886 1900 1916 1954 1863 Success
10:26:36PM FTSE 7018 Shambles
10:28:03PM FRANCE 6400
10:38:48PM GERMANY 15491
10:40:22PM US500 4191.27 4183 4171 4156 4204 4216 4225.5 4237 4195
10:42:14PM DOW 34347 ‘cess
10:44:01PM NASDAQ 13670 ‘cess
10:46:06PM JAPAN 28424
25/05/2021 FTSE Closed at 7029 points. Change of -0.31%. Total value traded through LSE was: £ 5,249,852,674 a change of 45.96%
24/05/2021 FTSE Closed at 7051 points. Change of 0.47%. Total value traded through LSE was: £ 3,596,890,836 a change of -36.82%
21/05/2021 FTSE Closed at 7018 points. Change of -0.03%. Total value traded through LSE was: £ 5,693,397,928 a change of 0.83%
20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%
18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%
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%

 

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:CBX Cellular Goods** **LSE:EMG MAN** **LSE:FGP Firstgroup** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:ITRK Intertek** **LSE:LLOY Lloyds Grp.** **LSE:NG. National Glug** **LSE:ODX Omega Diags** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:ZOO Zoo Digital** **

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Updated charts published on : Cellular Goods, MAN, Firstgroup, Genel, Hikma, Intertek, Lloyds Grp., National Glug, Omega Diags, Royal Mail, Speedyhire, Spirax, Zoo Digital,

LSE:CBX Cellular Goods Close Mid-Price: 6.55 Percentage Change: -2.98% Day High: 6.78 Day Low: 6.4

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LSE:EMG MAN. Close Mid-Price: 177.15 Percentage Change: + 1.61% Day High: 177.9 Day Low: 174.4

Target met. Continued trades against EMG with a mid-price ABOVE 177.9 sho ……..

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LSE:FGP Firstgroup. Close Mid-Price: 85.55 Percentage Change: + 0.00% Day High: 86.9 Day Low: 85.35

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LSE:GENL Genel Close Mid-Price: 139.6 Percentage Change: -1.55% Day High: 141.2 Day Low: 138.6

Target met. Weakness on Genel below 138.6 will invariably lead to 130 wit ……..

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LSE:HIK Hikma. Close Mid-Price: 2496 Percentage Change: + 0.24% Day High: 2504 Day Low: 2478

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LSE:ITRK Intertek. Close Mid-Price: 5948 Percentage Change: + 0.88% Day High: 5968 Day Low: 5870

Bettering 6000p looks like a coming attempt at an initial 6247. If bettere ……..

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LSE:LLOY Lloyds Grp.. Close Mid-Price: 49.07 Percentage Change: + 0.72% Day High: 49.31 Day Low: 48.85

Target met. Further movement against Lloyds Grp. ABOVE 49.31 should impro ……..

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LSE:NG. National Glug Close Mid-Price: 947 Percentage Change: -0.35% Day High: 958.1 Day Low: 942.8

Continued trades against NG. with a mid-price ABOVE 958.1 should improve ……..

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LSE:ODX Omega Diags Close Mid-Price: 62 Percentage Change: -2.36% Day High: 63.5 Day Low: 60.5

Target met. In the event Omega Diags experiences weakness below 60.5 it c ……..

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LSE:RMG Royal Mail. Close Mid-Price: 586.2 Percentage Change: + 6.58% Day High: 592.6 Day Low: 557.6

Target met. In the event of Royal Mail enjoying further trades beyond 592 ……..

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LSE:SDY Speedyhire Close Mid-Price: 77 Percentage Change: -4.94% Day High: 81.1 Day Low: 76.1

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LSE:SPX Spirax. Close Mid-Price: 12435 Percentage Change: + 0.08% Day High: 12495 Day Low: 12380

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LSE:ZOO Zoo Digital Close Mid-Price: 134 Percentage Change: -2.55% Day High: 140 Day Low: 133

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

Is Aviva Plc a “Sure Thing”?

#Gold_Futures #Nasdaq #Aviva share price is currently experiencing the hesitation we anticipate from the FTSE, at some point in a future which increasingly feels very far away. Their share price has managed to equal the pre-pandemic high, spending the last few months stumbling around uselessly, obviously in shock at the temerity of its actions! We hesitate to use words like “Sure Thing” but when we examine this movement model on international markets, we’re able to give an interesting potential.

It will also be worth remembering the company are scheduled to issue a trading statement this Thursday, presumably something of greater interest than their attempt to steal headlines by warning of the risk of fires, this coming Bank Holiday weekend. Apparently BBQ’s rely on fire and thus, from an insurance standpoint, are a bad thing…

 

Presently trading around 406p, the share price only need exceed 421p to trigger some interesting recovery. Above 421p should look for gains in the direction of 473p with our longer term secondary, calculating at a solid looking 500p. Obviously, this assumption is based on what happened with similar shares internationally, when they finally broke above the pre-Covid highs of February 2020. It’s something of a surprise to note this scenario allegedly has a long term attraction coming from 671p, a price level absent from Aviva since 2008. We’re less than convinced at this potential but the arguments favouring 473/500p are proving strong.

 

If we chose to look at the dark side, the earliest warning for things going wrong for Aviva shall come, if the share price manages to trade below 373p. This risks trouble as we can calculate an initial target of 331p, a level at which we’d hope for a rebound. If broken, our secondary calculation works out at 298p and represents a point where we shall need review all the numbers again.

Hey, chart goes here

As always, many thanks to those who found some adverts of interest here on Monday.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:38:54PM BRENT 68.46 ‘cess
9:42:31PM GOLD 1882.81 1867 1860.5 1851 1881 1887 1890 1896 1877
9:45:16PM FTSE 7062 ‘cess
9:47:59PM FRANCE 6406
9:50:21PM GERMANY 15575.29
9:52:41PM US500 4202.97 ‘cess
9:55:15PM DOW 34438
10:00:02PM NASDAQ 13654.85 13346 12914.5 12521 13583 13692 13714 13976 13567
10:03:38PM JAPAN 28496
24/05/2021 FTSE Closed at 7051 points. Change of 0.47%. Total value traded through LSE was: £ 3,596,890,836 a change of -36.82%
21/05/2021 FTSE Closed at 7018 points. Change of -0.03%. Total value traded through LSE was: £ 5,693,397,928 a change of 0.83%
20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%
18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%
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%

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:BT.A British Telecom** **LSE:EMG MAN** **LSE:FOXT Foxtons** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:MKS Marks and Spencer** **LSE:NG. National Glug** **LSE:ODX Omega Diags** **LSE:OXIG Oxford Instruments** **LSE:RMG Royal Mail** **LSE:SDY Speedyhire** **LSE:SPX Spirax** **LSE:SRP Serco** **LSE:VEC Vectura** **LSE:ZOO Zoo Digital** **

********

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LSE:BT.A British Telecom. Close Mid-Price: 178 Percentage Change: + 1.19% Day High: 179.1 Day Low: 176.1

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LSE:EMG MAN. Close Mid-Price: 174.35 Percentage Change: + 0.84% Day High: 175.35 Day Low: 171.55

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LSE:FOXT Foxtons. Close Mid-Price: 58.6 Percentage Change: + 0.69% Day High: 58.4 Day Low: 57.5

Weakness on Foxtons below 57.5 will invariably lead to 50 with secondary ……..

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LSE:GENL Genel Close Mid-Price: 141.8 Percentage Change: -1.66% Day High: 143.4 Day Low: 141.6

If Genel experiences continued weakness below 141.6, it will invariably l ……..

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LSE:HIK Hikma. Close Mid-Price: 2490 Percentage Change: + 1.34% Day High: 2485 Day Low: 2460

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LSE:MKS Marks and Spencer. Close Mid-Price: 156.8 Percentage Change: + 2.65% Day High: 156.2 Day Low: 152.5

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LSE:NG. National Glug. Close Mid-Price: 950.3 Percentage Change: + 0.52% Day High: 956.5 Day Low: 946.8

Further movement against National Glug ABOVE 956.5 should improve acceler ……..

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LSE:ODX Omega Diags Close Mid-Price: 63.5 Percentage Change: -5.93% Day High: 67.5 Day Low: 63.5

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LSE:OXIG Oxford Instruments. Close Mid-Price: 2040 Percentage Change: + 0.00% Day High: 2135 Day Low: 1998

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LSE:RMG Royal Mail. Close Mid-Price: 550 Percentage Change: + 4.48% Day High: 553.8 Day Low: 524.4

All Royal Mail needs are mid-price trades ABOVE 553.8 to improve accelera ……..

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LSE:SDY Speedyhire. Close Mid-Price: 81 Percentage Change: + 6.58% Day High: 80.3 Day Low: 76.2

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LSE:SPX Spirax. Close Mid-Price: 12425 Percentage Change: + 1.43% Day High: 12425 Day Low: 12250

In the event of Spirax enjoying further trades beyond 12425, the share sh ……..

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LSE:SRP Serco. Close Mid-Price: 136.1 Percentage Change: + 0.67% Day High: 136.9 Day Low: 134

Below 132 now looks troubling, allowing reversals to an initial 124 with s ……..

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LSE:VEC Vectura. Close Mid-Price: 122.4 Percentage Change: + 0.82% Day High: 123.6 Day Low: 119.8

Target met. Further movement against Vectura ABOVE 123.6 should improve a ……..

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LSE:ZOO Zoo Digital. Close Mid-Price: 137.5 Percentage Change: + 8.27% Day High: 138.5 Day Low: 127

Target met. In the event of Zoo Digital enjoying further trades beyond 13 ……..

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

Lloyds Bank competing with Monaco!

#Brent_Futures #DAX The Monaco Grand Prix and Lloyds Bank have one thing in common. Both appear to offer a lot, both fail to deliver anything useful. A Formula 1 race where the most exciting thing was a stuck wheel nut versus a major bank where in 3 weeks, its share price has moved by just 2p. About the only thing we can take solace from is the share price didn’t actually drop in this period, while the FTSE 100 suffered downward volatility.

For those folk with a life, who wisely avoided the annual boredom of the worst race on the calendar, Monaco is a painful experience, only usually tarted up by the glamour of the ‘race’. With restricted visitors, glamour was absent, producing an event which would be more entertaining if the drivers were pushing supermarket trolleys rather than driving cars. In fairness, the drivers would probably enjoy the day more, if this were the case!

 

Lloyds Bank share price has grown by 8p since the middle of February. We’d be churlish if we didn’t admit this 20% improvement in price reflects well against FTSE 100 performance. In the same period, the UK index has only recovered by 10%, still lagging a country mile below the pre-Covid19 high level of 7,500 points.

Such is the disappointing pace of movement, we’re inclined to allocate 50p as the next trigger level for the share. The situation now suggests above 50p shall make movement toward an initial 55p almost inevitable. If bettered, our longer term secondary calculates at 58.3p, an ambition which neatly matches the share price prior to the pandemic kicking everything into the gutter.

It’s now the case Lloyds Bank share price needs close a session below 44p to inspire panic, risking entering a zone where reversal to a bottom of 34p looks very possible.

Hey, chart goes here

As ever, our thanks to those folk who visit some of the interesting adverts on this page from Google.

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
3:09:03PM BRENT 66.54 65.76 64.51 62.65 67 67.02 67.905 69.06 65.95 Shambles
3:37:18PM GOLD 1875 ‘cess
3:39:36PM FTSE 7027
3:42:58PM FRANCE 6393 ‘cess
4:20:45PM GERMANY 15448 15360 15325.5 15278 15426 15475 15647 15803 15413
3:20:13PM US500 4155
3:27:30PM DOW 34217 ‘cess
3:32:38PM NASDAQ 13408
3:37:50PM JAPAN 28389 ‘cess

 

21/05/2021 FTSE Closed at 7018 points. Change of -0.03%. Total value traded through LSE was: £ 5,693,397,928 a change of 0.83%
20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%
18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%
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%

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:BT.A British Telecom** **LSE:DGE Diageo** **LSE:EMG MAN** **LSE:FRES Fresnillo** **LSE:NG. National Glug** **LSE:POLY Polymetal** **LSE:TSCO Tesco** **LSE:VOG VICTORIA** **LSE:ZOL Zoldav** **

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Updated charts published on : British Telecom, Diageo, MAN, Fresnillo, National Glug, Polymetal, Tesco, VICTORIA, Zoldav,

LSE:BT.A British Telecom. Close Mid-Price: 175.9 Percentage Change: + 2.96% Day High: 176.45 Day Low: 169.3

Target met. Continued trades against BT.A with a mid-price ABOVE 176.45 s ……..

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LSE:DGE Diageo Close Mid-Price: 3377.5 Percentage Change: -0.73% Day High: 3404.5 Day Low: 3372

Further movement against Diageo ABOVE 3404.5 should improve acceleration ……..

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LSE:EMG MAN. Close Mid-Price: 172.9 Percentage Change: + 1.83% Day High: 173 Day Low: 168.15

Further movement against MAN ABOVE 173 should improve acceleration toward ……..

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LSE:FRES Fresnillo. Close Mid-Price: 882 Percentage Change: + 0.34% Day High: 897.8 Day Low: 868

Outlook unchanged, chart updated only… If Fresnillo experiences continue ……..

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LSE:NG. National Glug Close Mid-Price: 945.4 Percentage Change: -0.58% Day High: 954.7 Day Low: 940.9

Target met. All National Glug needs are mid-price trades ABOVE 954.7 to i ……..

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LSE:POLY Polymetal Close Mid-Price: 1704 Percentage Change: -0.58% Day High: 1726 Day Low: 1695

In the event of Polymetal enjoying further trades beyond 1726, the share ……..

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LSE:TSCO Tesco Close Mid-Price: 225.7 Percentage Change: -0.33% Day High: 227.5 Day Low: 224.5

Utterly failing to do anything interesting, Our usual rules now imply wea ……..

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LSE:VOG VICTORIA. Close Mid-Price: 6 Percentage Change: + 2.56% Day High: 6.15 Day Low: 5.85

This still needs above 6.4 to give hope for the future, allowing for movem ……..

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LSE:ZOL Zoldav. Close Mid-Price: 27.5 Percentage Change: + 3.77% Day High: 27.5 Day Low: 25.2

In the event Zoldav experiences weakness below 25.2 it calculates with a ……..

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

The Bitcoin Crash & our famed FTSE for FRIDAY

#DOW #FTSE #Bitcoin remains attracting plenty of interest, despite the inability of folk to trade it via conventional, respectable, brokers. However, when it managed to ditch 30% of its value during an amazing session on Wednesday, we’re curious as to whether folk remain fascinated. Someone, somewhere, probably thought it was a solid BUY at $39k on Wednesday at noon, the price matching the low of the day. Just 2 hours later, it had lost another $9,000, inevitably collecting a lot of ‘stops’ on the way down.

Once sufficient stop losses had been harvested just above the $30,000 level, the price recovered as if nothing serious had happened.

In fairness, not only Bitcoin experienced a mugging. The issue spread throughout crypto-land, Ethereum being down 43% at one point. All things considered, Wednesday was a bad day for crypto currency but probably a good day for underwear sales. The issue now is one of recovery or more correctly, will it recover?

 

Presently trading around $39,600, Bitcoin presents a puzzle for the reversal experienced. We had fully expected it to fall further, a suspicion which has failed to go away. In the event of the value now breaking below $37,500, there’s a distinct risk of a reversal cycle commencing to an initial $26,200 with secondary, when broken, at a bottom (hopefully) of $21,100 along with an (almost) certain bounce. We are currently unable to calculate anything below the $21k level and for this reason alone, would hope for a significant rebound if such a point is discovered.

To point at a return to happy Bitcoin days, the price needs above $42,700 as this is supposed to trigger recovery to an initial $50,600. If exceeded, our secondary works out at $61,200. Our expectations of such a secondary appearing anytime soon, are roughly at a similar level as anticipating Chelsea fans staging a track invasion at this weekends Monaco Grand Prix.

Hey, chart goes here

FTSE for FRIDAY Fridays tend treat the FTSE fairly indifferently but for some reason, our outlook for the day calculates fairly positively. It’s certainly unlikely to be anything related to Formula 1 as Monaco must surely qualify as the one race the sport could do without. Unless it rains, the prospect of watching a 200mph convoy for 90 minutes tends to lack appeal. It’s a race which only assumes attraction, if attending in person. With someone else preferably paying the bills. Generally, whoever starts in front, stays in front and that’s it.

Oddly, the FTSE has prepared itself for Friday by slightly nudging to the front, hence our optimism.

 

Above 7020 points suggests the possibility of some useless growth toward an initial 7031 points. Hopefully the UK market doesn’t opt to spoil the day by choosing to open for trade around the 7031 level as this will tend dampen our expectations. Above 7031 could easily trigger ongoing recovery toward 7074 points with secondary, if exceeded, a less likely 7127 points.

If triggered, the tightest stop loss level looks like 6965 points.

The alternate scenario, if everything intends go pear shaped, demands the market weaken below 6950. This risks triggering a reversal cycle to an initial 6807 points. If broken, we’d hope the pattern would bottom at 6688 points.

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
10:07:55PM BRENT 64.98 64.75 64.55 65.63 66.1 67.225 65.32 ‘cess
10:10:00PM GOLD 1877.45 1865 1860 1879 1880 1886.5 1872
10:12:35PM FTSE 7022 6953 6937 7007 7031 7063.5 6950
10:15:33PM FRANCE 6351 6305 6293 6330 6365 6374 6332 Success
10:18:44PM GERMANY 15349 15281 15261.5 15344 15398 15521.5 15283 ‘cess
10:21:05PM US500 4155 4081 4045 4126 4174 4199 4128 Success
10:24:10PM DOW 34069 33770 33698 34004 34224 34257 34036 Success
10:26:55PM NASDAQ 13494 13382 13369 13508 13529 13578 13388
10:29:13PM JAPAN 28174 27963 27890 28082 28307 28334 28143 ‘cess

 

20/05/2021 FTSE Closed at 7020 points. Change of 1.01%. Total value traded through LSE was: £ 5,646,307,617 a change of -4.36%
19/05/2021 FTSE Closed at 6950 points. Change of -1.19%. Total value traded through LSE was: £ 5,903,633,845 a change of 15.89%
18/05/2021 FTSE Closed at 7034 points. Change of 0.03%. Total value traded through LSE was: £ 5,094,076,340 a change of 18.05%
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%

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

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

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

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

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

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:BLVN Bowleven** **LSE:CASP Caspian** **LSE:CNA Centrica** **LSE:DGE Diageo** **LSE:ECO ECO (Atlantic) O & G** **LSE:NG. National Glug** **LSE:PHP Primary Health** **LSE:POLY Polymetal** **LSE:RMG Royal Mail** **LSE:SCLP Scancell** **LSE:ZOL Zoldav** **

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Updated charts published on : Applied Graphene, Bowleven, Caspian, Centrica, Diageo, ECO (Atlantic) O & G, National Glug, Primary Health, Polymetal, Royal Mail, Scancell, Zoldav,

LSE:AGM Applied Graphene. Close Mid-Price: 32.6 Percentage Change: + 4.15% Day High: 34 Day Low: 32.5

Price movements continue to behave like a drunk, trying to put his trouser ……..

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LSE:BLVN Bowleven. Close Mid-Price: 4.25 Percentage Change: + 0.00% Day High: 4.25 Day Low: 3.9

If Bowleven experiences continued weakness below 3.9, it will invariably ……..

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LSE:CASP Caspian. Close Mid-Price: 2.12 Percentage Change: + 0.00% Day High: 2.12 Day Low: 2.12

Target Met but it has utterly failed to bounce. The share needs above 2.6 ……..

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LSE:CNA Centrica Close Mid-Price: 52.32 Percentage Change: -1.47% Day High: 52.84 Day Low: 51.74

Target met. Weakness on Centrica below 51.74 will invariably lead to 49.5 ……..

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LSE:DGE Diageo. Close Mid-Price: 3402.5 Percentage Change: + 1.66% Day High: 3400.5 Day Low: 3356.5

Continued trades against DGE with a mid-price ABOVE 3400.5 should improve ……..

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LSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 22.75 Percentage Change: + 1.11% Day High: 22.75 Day Low: 22.5

Outlook unchanged: This is still a little worrying, needing below 21p to r ……..

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LSE:NG. National Glug. Close Mid-Price: 950.9 Percentage Change: + 2.18% Day High: 949.3 Day Low: 927.4

In the event of National Glug enjoying further trades beyond 949.3, the s ……..

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LSE:PHP Primary Health. Close Mid-Price: 151.8 Percentage Change: + 0.13% Day High: 152.9 Day Low: 151.3

PHP continues to bore us silly, the price failing comprehensively to do an ……..

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LSE:POLY Polymetal. Close Mid-Price: 1714 Percentage Change: + 1.18% Day High: 1717 Day Low: 1685

Further movement against Polymetal ABOVE 1717 should improve acceleration ……..

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LSE:RMG Royal Mail. Close Mid-Price: 539.8 Percentage Change: + 2.82% Day High: 540 Day Low: 495.7

Target met. Further movement against Royal Mail ABOVE 540 should improve ……..

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LSE:SCLP Scancell. Close Mid-Price: 21 Percentage Change: + 0.00% Day High: 21 Day Low: 21

This is looking worrying as below 19.75 risks reversal to an initial 17.5 ……..

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LSE:ZOL Zoldav Close Mid-Price: 26.5 Percentage Change: -3.64% Day High: 27.5 Day Low: 26.5

Continued weakness against ZOL taking the price below 26.5 calculates as ……..

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

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

Weakness on Asos below 4624 will invariably lead to 4326 with secondary, ……..

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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

If Centrica experiences continued weakness below 52.54, it will invariabl ……..

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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

In the event Genel experiences weakness below 142.6 it calculates with a ……..

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

This is becoming a worry as below 4700 now suggests coming reversal toward ……..

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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

Continued trades against POLY with a mid-price ABOVE 1708 should improve ……..

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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

If Rolls Royce experiences continued weakness below 99.98, it will invari ……..

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

Tullow are starting to exhibit some interesting potentials. It’s now the c ……..

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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

All BP PLC needs are mid-price trades ABOVE 322.3 to improve acceleration ……..

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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

All British Telecom needs are mid-price trades ABOVE 171.25 to improve ac ……..

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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

All Polymetal needs are mid-price trades ABOVE 1683.5 to improve accelera ……..

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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.