Some Targets for Open Orphan PLC

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

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

 

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

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

 

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

Hey, chart goes here

 

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FUTURES

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

Image

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

 

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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Many thanks for taking the time to read this and good luck for today. Please feel free to mention us after something goes right!

Risk Warning & Notice to Investors

Buying, selling and investing in shares is not without risk. Market and company movement will affect your performance and you may get back less than you invest. Neither Trends and Targets Ltd, Shareprice, or Interactive Investor will be responsible for any losses that may be incurred as a result of following a trading idea.

Is IBM Corp Share price compatible?

#FTSE #CAC40 It’s difficult not to retain fondness for the original IBM PC. It was solid, reliable, and the only things which went wrong invariably were not labelled IBM. After a few years, the 2nd generation IBM PC’s came along, the AT models, and these provided a whole new batch of memories. Specifically, their keyboards. An IBM AT keyboard was a work of art, capable of withstanding hot coffee, red wine, sugary drinks. They were solid and when office computers were upgraded, astonishing numbers of folk retained their original IBM AT keyboard as it would work with the newer, faster,  ‘IBM Compatible’ PC clone.

In the years since a puppy chewed through my own original IBM keyboard cable, I’ve probably bought dozens of keyboards in an attempt to find the quality and feel of that original design masterpiece. For a while, it even appeared Microsoft were attempting to take the keyboard crown with their ergonomic keyboards. Alas, after a year, it became clear why there is an entire industry selling stick-on keyboard letters on eBay. Presumably factories in China have yet to re-discover a method of ensuring letters and numbers don’t fade away.

 

Since 2013, IBM’s share price has followed a pretty vile trajectory, the share price halving and thanks to Covid-19, even discovering a logical bottom at $95. We would have hoped for a solid bounce from this bottom level, a feature of price movements which has been noticeably absent for the last 12 months. The good news, we can now identify a trigger level, once which looks capable of returning the warm fuzzy feeling a proper IBM keyboard used to give.

Presently trading around $131, the share price need only CLOSE a session above $136 to give a surprising level of hope for the future. A price gain such as this should trigger the potential for recovery toward an initial $157 with secondary, if exceeded, calculating at $168. In fact, if positive news flow is involved, any gains could easily find their way toward 182 dollars and a level at which we’d anticipate some hesitation. A glance at the chart below confirms this suspicion, given the level of the high at the start of 2017.

To work on trends and targets above $182, we shall require give the tea leaves a stir sometime in the future.

 

For IBM to give similar levels of dismay as a modern keyboard, the share price needs slide below $105. In such a scenario, the reversal prospects become truly horrendous as the share price risks entering a cycle toward 29 US dollars eventually.

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
9:54:58PM BRENT 60.49 Success
9:57:12PM GOLD 1727.12
9:59:09PM FTSE 6671.77 6655 6640 6609 6710 6719 6737.5 6765 6655
10:17:41PM FRANCE 5919.2 5912 5898 5875 5936 5967 5978 6000 5933 ‘cess
10:20:01PM GERMANY 14610 ‘cess
10:21:23PM US500 3912.32
10:23:19PM DOW 32448 ‘cess
10:25:17PM NASDAQ 13051
10:28:54PM JAPAN 28790 Success

 

23/03/2021 FTSE Closed at 6699 points. Change of -0.4%. Total value traded through LSE was: £ 6,344,120,262 a change of 9.46%
22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:ASC Asos** **LSE:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:CBX Cellular Goods** **LSE:EMG MAN** **LSE:GLEN Glencore Xstra** **LSE:POG Petrop etc** **

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Updated charts published on : Asos, Barrett Devs, Bowleven, Cellular Goods, MAN, Glencore Xstra, Petrop etc,

LSE:ASCLSE:ASC Asos. Close Mid-Price: 5918 Percentage Change: + 2.89% Day High: 5982 Day Low: 5656

All Asos needs are mid-price trades ABOVE 5982 to improve acceleration to ……..

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LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 778 Percentage Change: + 1.91% Day High: 781.8 Day Low: 758

Target met. Further movement against Barrett Devs ABOVE 781.8 should impr ……..

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LSE:BLVN Bowleven Close Mid-Price: 5.7 Percentage Change: -5.00% Day High: 5.85 Day Low: 5.5

Weakness on Bowleven below 5.5 will invariably lead to 4.5 next with seco ……..

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LSE:CBX Cellular Goods Close Mid-Price: 10 Percentage Change: -5.66% Day High: 10.5 Day Low: 9.88

Continued weakness against CBX taking the price below 9.88 calculates as ……..

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LSE:EMG MAN Close Mid-Price: 162.15 Percentage Change: -0.31% Day High: 165 Day Low: 161.25

In the event of MAN enjoying further trades beyond 165, the share should ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 272 Percentage Change: -2.67% Day High: 279.8 Day Low: 271.25

In the event Glencore Xstra experiences weakness below 271.25 it calculat ……..

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LSE:POG Petrop etc Close Mid-Price: 24.8 Percentage Change: -1.78% Day High: 25.6 Day Low: 24.7

Continued weakness against POG taking the price below 24.7 calculates as ……..

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

Will Faron Pharmaceuticals get High?

#Gold #Nasdaq The last year has not been kind to drug pusher, Faron. The Finnish cancer drug specialist has seen their price oscillate between 520p and 220p since our previous report but astonishingly, the share has remained firmly trapped between two trends, despite this bandwidth of movement. We’re a little bit encouraged by a single “blip” in price moves in January of this year (circled) as this might actually mean something.

Often, when we witness this sort of thing, usually it’s an uptrend momentarily broken, we prefer regard it as an early warning signal, one telling us ‘The Trend Can Break – Caution Advised’. Roughly 2/3rd of the time, this caution proves justified. The converse, thankfully, can prove true, when a downtrend experiences a momentary break. In the case of Faron, the Blue downtrend line was confirmed yet again and may perhaps merit some close examination in the weeks ahead.

 

The current price movement prospects look fairly interesting. Presently trading around 345p, the share need only exceed 365p as recovery toward an initial 391p calculates as possible. If exceeded, our longer term (or the next day!) secondary works out at 420p, along with yet another challenge of the Blue downtrend. Importantly though, if such a movement is being propelled by positive sentiment, the share price could easily continue upward to a surprising 470p.

Obviously such an ambition gives the share price a chance to actually close above the major Blue downtrend. Despite historical hesitation around the 470p level, we quite strongly suspect this scenario shall prove game changing for the longer term. To cut a long story short, above 470p gives an amazing calculation which points to 670p eventually!

 

For everything to go wrong, Faron Pharma needs fall below 310p to justify raised eyebrows as this threatens reversal to an initial 256p with secondary, if broken, a frightening 186p. It’s important to mention we cannot calculate any targets below the 186p, always a scary sentence to write. However, despite the companies shambolic price drop in 2018, the share has always avoided hitting major drop targets, making us conclude there is embedded strength in the company.

 

This is one we feel worth keeping an eye on.

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
9:52:06PM BRENT 64.25
9:53:54PM GOLD 1739.28 1727 1720.5 1713 1737 1743 1747.5 1754 1730
9:55:56PM FTSE 6715.5 ‘cess
9:58:07PM FRANCE 5962 Success
10:02:18PM GERMANY 14659 ‘cess
10:04:54PM US500 3943.02 ‘cess
10:07:33PM DOW 32771
10:09:45PM NASDAQ 13091 12880 12814 12692 12992 13180 13258.5 13446 13003 Success
10:11:47PM JAPAN 29260 ‘cess

 

 

22/03/2021 FTSE Closed at 6726 points. Change of 0.27%. Total value traded through LSE was: £ 5,795,599,482 a change of -59.88%
19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%
12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CBX Cellular Goods** **LSE:GLEN Glencore Xstra** **LSE:NWG Natwest** **LSE:POG Petrop etc** **LSE:TAN Tanfield** **

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Updated charts published on : BALFOUR BEATTY, Barrett Devs, Cellular Goods, Glencore Xstra, Natwest, Petrop etc, Tanfield,

LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 298.2 Percentage Change: + 0.07% Day High: 302.6 Day Low: 296.4

Further movement against BALFOUR BEATTY ABOVE 302.6 should improve accele ……..

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LSE:BDEV Barrett Devs Close Mid-Price: 763.4 Percentage Change: -0.86% Day High: 776.4 Day Low: 756.6

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LSE:CBX Cellular Goods Close Mid-Price: 10.6 Percentage Change: -0.93% Day High: 10.88 Day Low: 10.25

Added out of curiousity, thanks to my personal fascination with US & Canad ……..

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LSE:GLEN Glencore Xstra Close Mid-Price: 279.45 Percentage Change: -0.90% Day High: 283.6 Day Low: 276.6

Below 275 is looking slightly problematic, allowing weakness to an initial ……..

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LSE:NWGLSE:NWG Natwest. Close Mid-Price: 194.35 Percentage Change: + 1.54% Day High: 198.35 Day Low: 191

All Natwest needs are mid-price trades ABOVE 198.35 to improve accelerati ……..

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LSE:POG Petrop etc Close Mid-Price: 25.25 Percentage Change: -3.07% Day High: 26.1 Day Low: 25.3

If Petrop etc experiences continued weakness below 25.3, it will invariab ……..

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LSE:TAN Tanfield Close Mid-Price: 2.63 Percentage Change: -1.13% Day High: 2.8 Day Low: 2.74

When discussing useless, one of the better candidates is Tanfield share pr ……..

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

Barclays Bank Trends and Targets

#Brent #SP500 The Egyptians, when building pyramids, probably experienced something similar to a personal experience at the weekend. Instead of a pyramid, an idea of building a picnic table from railway sleepers came to fruition, along with the unpleasant reality of being unable to lift the sodding thing. Drawing on the Egyptian model, a broom handle was sliced up to produce a series of wooden rollers, the intention being to place the table top on its side and manoeuvre it to the patio.

Unfortunately, by failing to account for a very slight incline, it transpired the massively heavy table top preferred the attraction of gravity as it rolled downhill, only coming to a grudging halt when it ran out of rollers. But the exercise was otherwise quite amazing, the force of a push from a finger able to move the very, very, heavy structure. Hopefully Barclays share price is about to find itself of rollers as we’re mildly impressed with the impetus since our previous analysis 3 weeks ago.

Our interest relates to current share price behaviour. Barclays followed our recovery scenario, reaching our initial target of 181p and is currently fluttering above and below this target level. Obviously, this is fairly assuring as it tends confirm we’ve been mapping movements using the correct table. It’s what comes next is a bit of a puzzle.

Previously, we speculated with an initial recovery target of 181 with secondary, if bettered, at 190p. With 181p exceeded, the scenario remains valid but there’s a pretty major issue thanks to Barclays share price before Covid-19 hit the fan. The share experience a high of 184p before the price was tossed off a pandemic cliff and now, has successfully closed a session above its pre-pandemic high on several occasions during the past week.

This creates the likely nirvana of “Higher Highs”.

 

When we review successful movements in other international marketplaces, this type of behaviour has tended indicate good times ahead with the result our calculates potential from 181p to 190p is liable to become a very brief footnote in Barclays price behaviour. Instead, there appears a reasonable chance 190p shall be bypassed completely with the potential of an attempt at 224p instead. Longer term, we can even calculate 289p as presenting a reasonable ambition, something which even makes a degree of visual sense. On the chart, we’ve drawn a dotted line which dates back over 10 years, indicating historically Barclays tends experience a problem around the 289p level. With closure above such, it’d start to feel like the 2009 financial crisis was finally diminishing.

 

For it all to go wrong for Barclays, the price currently needs slip below roughly 145p but visually (gulp), a degree of optimism appears possible against this UK retail bank. All it needs is the push of a finger, in the right place, at the right time.

Hey, chart goes here

Introducing, the railway sleeper ‘Lockdown Table!’

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
9:43:07PM BRENT 64.47 61.99 60.785 59.46 63.4 64.78 65.795 67.29 63.8
9:47:05AM GOLD 1745 ‘cess
9:49:24AM FTSE 6718 Success
9:59:19AM FRANCE 6003 ‘cess
11:13:55AM GERMANY 14628 Success
11:22:49AM US500 3907.27 3896 3888 3855 3930 3934 3952 3974 3908
11:25:13AM DOW 32624 Success
11:29:39AM NASDAQ 12848 ‘cess
11:36:47AM JAPAN 29457 Success

 

 

19/03/2021 FTSE Closed at 6708 points. Change of -1.05%. Total value traded through LSE was: £ 14,446,904,194 a change of 140.91%
18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%
12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%
11/03/2021 FTSE Closed at 6736 points. Change of 0.16%. Total value traded through LSE was: £ 5,972,975,685 a change of -1.35%

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:BARC Barclays** **LSE:BT.A British Telecom** **LSE:IGG IG Group** **LSE:ITM ITM Power** **LSE:MRW Morrisons** **LSE:RBD Reabold Resources PLC** **

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Updated charts published on : Barclays, British Telecom, IG Group, ITM Power, Morrisons, Reabold Resources PLC,

LSE:BARC Barclays Close Mid-Price: 182.6 Percentage Change: -0.65% Day High: 182.94 Day Low: 177.58

In a slight change to the outlook (and probably at odds with the headline ……..

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LSE:BT.A British Telecom Close Mid-Price: 145.35 Percentage Change: -3.93% Day High: 155.35 Day Low: 146.4

Further movement against British Telecom ABOVE 155.35 should improve acce ……..

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LSE:IGG IG Group Close Mid-Price: 873 Percentage Change: -1.24% Day High: 906 Day Low: 872.5

Target met. All IG Group needs are mid-price trades ABOVE 906 to improve ……..

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LSE:ITMLSE:ITM ITM Power. Close Mid-Price: 432 Percentage Change: + 0.12% Day High: 438 Day Low: 406.5

In the event ITM Power experiences weakness below 406.5 it calculates wit ……..

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LSE:MRWLSE:MRW Morrisons. Close Mid-Price: 180.25 Percentage Change: + 1.44% Day High: 182.5 Day Low: 176.65

Further movement against Morrisons ABOVE 182.5 should improve acceleratio ……..

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LSE:RBDLSE:RBD Reabold Resources PLC. Close Mid-Price: 0.68 Percentage Change: + 5.38% Day High: 0.7 Day Low: 0.65

All Reabold Resources PLC needs are mid-price trades ABOVE 0.7 to improve ……..

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

Our World Famous FTSE for FRIDAY

This week has not been the most interesting on the FTSE. Or indeed other world markets, starting with fears of missiles hitting Saudi oil refineries, moving onto fears of Astrazeneca vaccine side effects and it being banned. But now, the fear of missiles seems to be receding and the price of crude oil has followed. In addition, various international agencies announce the vaccine is safe.

Even Boris Johnston is getting a doze tomorrow but perhaps he shall be struck down by a meteorite instead, this apparently being riskier than the vaccine itself. From a personal note, it’s been 5 weeks since the jag and no unpleasant side effects. I’m still a small, fat, ugly, hairy, Scottish bloke!

 

Receding oil prices rarely bode well for the share price of Oil Majors on the FTSE, perhaps able to exert a dampening effect on our thoughts for Friday. But a return to optimism over the potential of a return to “normality” may well promote a feel good factor for the FTSE. In addition, it’s spring and here in Argyll the snow has melted with the temperature moving into double figures, always an encouraging sign even if it’s only 10c as a day high.

We should now be skipping around like lambs, if the FTSE manages above 6814 points as this should now generate sufficient impetus for an initial gain in the direction of 6857 points. If bettered, our secondary calculates at 6918 points but with the recent pace of movement, we suspect this shall prove too difficult to expect in a single day. More importantly, these sort of index gains lay out longer term ramifications for the UK market, launch the FTSE into a zone where we need to admit 7208 points should present a major point of attraction in the future, providing a level at which we’d suspect some hesitation. Unfortunately, the still remains considerably short of an attempt at the pre pandemic high of 7500 points, cementing the UK’s place as the slowest market amongst the G7 nations.

 

For things to go wrong, the FTSE needs limp below 6733 points, entering a region where reversal toward 6691 calculates as possible. If broken, our secondary works out at 6635 points.

 

Have a good weekend. Only another week until Formula1 recommences. Will not miss the “pleasure” of rising absurdly early to watch the first GP of the season traditionally being from Ozz. At least Bahrain will start at a civilised time.

Hey, chart goes here

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:49:49PM BRENT 62.79 61.34 59.325 63.99 63.87 65.9 62.23 Success
9:52:24PM GOLD 1736.6 1718 1711 1733 1739 1743.5 1729 Success
10:13:08PM FTSE 6741 6718 6709 6786 6794 6817 6718 ‘cess
10:18:13PM FRANCE 6016 6003 5983 6033 6030 6039 6010 Success
10:22:54PM GERMANY 14705 14674 14630 14719 14804 14823.75 14527 Success
10:27:17PM US500 3921 3906 3884 3939 3938 3947 3919 ‘cess
10:34:45PM DOW 32918 32879 32816 32991 33035 33075 32879
10:38:54PM NASDAQ 12820 12772 12679 12995 13076 13158 12948
10:41:41PM JAPAN 30000 29894 29727.5 30037 30273 30387.5 30060

 

18/03/2021 FTSE Closed at 6779 points. Change of 0.25%. Total value traded through LSE was: £ 5,996,916,137 a change of -9.18%
17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%
12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%
11/03/2021 FTSE Closed at 6736 points. Change of 0.16%. Total value traded through LSE was: £ 5,972,975,685 a change of -1.35%
10/03/2021 FTSE Closed at 6725 points. Change of -0.07%. Total value traded through LSE was: £ 6,055,011,331 a change of -12.01%

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

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

Click Epic to jump to share: LSE:AGM Applied Graphene** **LSE:AML Aston Martin** **LSE:AV. Aviva** **LSE:BLVN Bowleven** **LSE:EME Empyrean** **LSE:IGG IG Group** **LSE:MRW Morrisons** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:VOD Vodafone** **

********

Updated charts published on : Applied Graphene, Aston Martin, Aviva, Bowleven, Empyrean, IG Group, Morrisons, Rockhopper, Royal Mail, Vodafone,

LSE:AGM Applied Graphene Close Mid-Price: 42.5 Percentage Change: -3.41% Day High: 44 Day Low: 42.5

This has proven less than spectacular and it’s still the case the price ne ……..

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LSE:AMLLSE:AML Aston Martin. Close Mid-Price: 2045 Percentage Change: + 1.94% Day High: 2150 Day Low: 2008

Above 2194 should now make this useful, pointing at an initial 2406 with s ……..

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LSE:AV.LSE:AV. Aviva. Close Mid-Price: 398.5 Percentage Change: + 1.79% Day High: 399.4 Day Low: 393

All Aviva needs are mid-price trades ABOVE 399.4 to improve acceleration ……..

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LSE:BLVN Bowleven Close Mid-Price: 6.25 Percentage Change: -3.85% Day High: 6.5 Day Low: 5.75

In the event Bowleven experiences weakness below 5.75 it calculates with ……..

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LSE:EMELSE:EME Empyrean. Close Mid-Price: 5.3 Percentage Change: + 1.92% Day High: 5.43 Day Low: 4.75

Target met. Further movement against Empyrean ABOVE 5.43 should improve a ……..

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LSE:IGGLSE:IGG IG Group. Close Mid-Price: 884 Percentage Change: + 3.94% Day High: 886.5 Day Low: 852.5

Continued trades against IGG with a mid-price ABOVE 886.5 should improve ……..

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LSE:MRWLSE:MRW Morrisons. Close Mid-Price: 177.7 Percentage Change: + 0.08% Day High: 179.65 Day Low: 177.25

In the event of Morrisons enjoying further trades beyond 179.65, the shar ……..

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LSE:RKHLSE:RKH Rockhopper. Close Mid-Price: 12 Percentage Change: + 9.49% Day High: 12.1 Day Low: 10.4

Target met. Continued trades against RKH with a mid-price ABOVE 12.1 shou ……..

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LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 526 Percentage Change: + 1.58% Day High: 530.8 Day Low: 520.4

In the event of Royal Mail enjoying further trades beyond 530.8, the shar ……..

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LSE:VOD Vodafone Close Mid-Price: 136.12 Percentage Change: -0.58% Day High: 138.14 Day Low: 135.66

Further movement against Vodafone ABOVE 138.14 should improve acceleratio ……..

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

Will Verizon Communications Go Up?

#BrentCrude #DAX Everyone’s hero, Warren Buffett, dumped his Apple shares and found himself using the pocket change generated to buy one or two shares in US telecoms giant Verizon. In fact, his company Berkshire Hathaway are now Verizon largest shareholder. Obviously, the markets regard this as quite a big deal and a Trends and Targets quick survey of hedge funds shows a substantial majority bullish on the share prospects.

Unfortunately, the last few years have not been particularly kind to many hedge funds, their reputation somewhat tarnished due to the horrific number which shut down.

Despite everyone being eager to find ‘the next Tesla share’, it’s generally far safer to explore slower, safer, and more stable companies, though obviously worth considering what field they are in, along with their future potentials. In telecoms, the demand is obviously for a high tech future and to judge by their press releases, Verizon are producing all the right 5G noises for the USA market.

 

Despite all our optimistic writing, we’re pretty far from convinced the immediate future is rosy for Verizon, the immediate trend indicating the risk of weakness below just 54 dollars driving the share price back to a visually appealing 52 dollars. We like this level as it promises some sort of bounce but the danger comes should 52 break as ongoing travel down to targets of 50.5 dollars (or less) calculates as possible. As the chart below highlights, this presents an issue.

By breaking the Red uptrend since 2010, the share price enters a region where “bottom” calculates down at $44 in the event our 50.5 level breaks. This, in theory, is the case anyway but we’ve some doubts. Inevitably, a bunch of smart folk would review any break of trends as an opportunity, especially if a share price failed to make it below its most recent low. In the case of NYSE:VZ, this suggests the price requires break below the $49 level to justify hysterical behaviour.

In summary, we suspect Verizon shall reverse from its current 55 dollars but we’re more inclined to regard the movement as presenting an opportunity for the longer term.

 

For everything to come up roses, the share price currently requires exceed $59 to enter a region, where growth to an initial $68 is hoped with secondary, if bettered, at 72 US dollars. Importantly, we cannot calculate any targets above the $72 dollar level for this company. This does not mean a ceiling awaits, just should it exceed 72 dollars, it enters unknown territory where things can become very illogical! Perhaps worth keeping an eye on, if contemplating a ‘fire and forget’ long position.

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
9:27:11PM BRENT 67.63 66.72 66.285 65.52 67.8 67.97 68.34 68.88 67.03 Shambles
9:33:55PM GOLD 1745.75 ‘cess
9:40:31PM FTSE 6784
9:59:47PM FRANCE 6074 ‘cess
10:02:10PM GERMANY 14665 14530 14477 14408 14580 14684 14698.5 14737 14625
10:04:54PM US500 3976 ‘cess
10:18:33PM DOW 33052 ‘cess
10:20:43PM NASDAQ 13215 ‘cess

 

17/03/2021 FTSE Closed at 6762 points. Change of -0.6%. Total value traded through LSE was: £ 6,602,740,362 a change of -14.86%
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%
12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%
11/03/2021 FTSE Closed at 6736 points. Change of 0.16%. Total value traded through LSE was: £ 5,972,975,685 a change of -1.35%
10/03/2021 FTSE Closed at 6725 points. Change of -0.07%. Total value traded through LSE was: £ 6,055,011,331 a change of -12.01%
9/03/2021 FTSE Closed at 6730 points. Change of 0.16%. Total value traded through LSE was: £ 6,881,664,141 a change of 1.69%

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:BLVN Bowleven** **LSE:BT.A British Telecom** **LSE:EME Empyrean** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:SDY Speedyhire** **LSE:VOD Vodafone** **

********

Updated charts published on : Bowleven, British Telecom, Empyrean, Royal Mail, Rolls Royce, Speedyhire, Vodafone,

LSE:BLVNLSE:BLVN Bowleven. Close Mid-Price: 6.5 Percentage Change: + 0.00% Day High: 6.5 Day Low: 6.08

If Bowleven experiences continued weakness below 6.08, it will invariably ……..

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LSE:BT.ALSE:BT.A British Telecom. Close Mid-Price: 152.5 Percentage Change: + 6.49% Day High: 153.45 Day Low: 145.6

All British Telecom needs are mid-price trades ABOVE 153.45 to improve ac ……..

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LSE:EMELSE:EME Empyrean. Close Mid-Price: 5.2 Percentage Change: + 30.00% Day High: 5.2 Day Low: 3.8

Continued trades against EME with a mid-price ABOVE 5.2 should improve th ……..

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LSE:RMG Royal Mail Close Mid-Price: 517.8 Percentage Change: -0.23% Day High: 523.8 Day Low: 515.6

All Royal Mail needs are mid-price trades ABOVE 523.8 to improve accelera ……..

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LSE:RR.LSE:RR. Rolls Royce. Close Mid-Price: 127.2 Percentage Change: + 3.54% Day High: 128.55 Day Low: 125.1

In the event of Rolls Royce enjoying further trades beyond 128.55, the sh ……..

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LSE:SDY Speedyhire Close Mid-Price: 66 Percentage Change: -2.65% Day High: 69.2 Day Low: 66

This remains close to presenting a ‘sure thing’ trade. If above 70, traffi ……..

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LSE:VODLSE:VOD Vodafone. Close Mid-Price: 136.92 Percentage Change: + 1.78% Day High: 137.58 Day Low: 135.12

Target met. All Vodafone needs are mid-price trades ABOVE 137.58 to impro ……..

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

STV Group & Premier African Mins too!

#FTSE #Nasdaq STV stands for Scottish Television, often regarded as a bit of a joke north of the border. But they’ve reinstated their dividend, so perhaps worthy of some consideration. When the national Scottish football team was playing, they opted to show the equivalent of a Welsh tiddlywinks contest instead. Their excuse; “we didn’t think Scotland would qualify…” tends display their core ethos. Similarly, their approach to news appears to be to check what the other channels are saying, then copy it. At times, it’s easy to suspect the only thing keeping STV going are endless government sponsored adverts for Covid-19 related announcements.

Hopefully the channel is charging the government “full retail” as investors will expect a dividend return for all this faux advertising. Perhaps not, given they’ve just announced a massive fall in profits and revenue too. By reinstating their dividend, the company are broadcasting optimism for the future and do suggest they’ve big plans for the next few years.

 

Presently trading around 336p, the share price needs better 349 to give hope for price improvements as growth to an initial 382p looks possible with secondary, if exceeded, at 441p. Quite a few shares are making attempts at pre-Covid highs from 2020 and we note, our secondary calculation rather neatly challenges such an ambition, making it believable.

Hey, chart goes here

Premier African Minerals (LSE:PREM) The magic words, ‘Rare Earths’, tend make us pay attention but until this lot started to be the focus of emailed questions, we’d never paid them attention. Of course, we’re always a bit suspicious of shares trading for less than a penny, due to the frequent casualty rates but something about price movements in recent days caught our attention.

At present, trading at 0.366p, the share requires exceed 0.496p to give hope for continued gains. Obviously, shares of this price can suffer mercilessly from the offered spread. For instance, on Tuesday the price was reports as down 7.8% but the number becomes meaningless with an offered spread of 10.3%. This creates the unpleasant notion where any price movement needs be large in percentage terms before any profit is made. And it gets worse, if factoring the cost of dealing the trade.

Above 0.496p certainly has some potential, allowing growth toward an initial 0.577p with secondary, if bettered, working out at 0.764p. Importantly, and amazingly, by achieving our initial target, the share will find itself in a region which permits longer term traffic toward 0.99p and perhaps beyond. We cannot calculate any drop potentials against this share. Since 2016 it has been trading in a region where all drop targets must be prefaced with a minus sign.

The fact they are still listed on the market must surely give hope!

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
10:31:33PM BRENT 68.23 ‘cess
10:53:51PM GOLD 1732
10:56:50PM FTSE 6802.85 6764 6748.5 6727 6808 6808 6818.5 6851 6770
10:58:32PM FRANCE 6053.8
11:00:47PM GERMANY 14564 ‘cess
11:12:05PM US500 3967.37 ‘cess
11:14:25PM DOW 32853
11:16:46PM NASDAQ 13177 13088 13007 12910 13211 13298 13357 13441 13135 Success
11:19:11PM JAPAN 29805 Success
16/03/2021 FTSE Closed at 6803 points. Change of 0.8%. Total value traded through LSE was: £ 7,754,900,384 a change of 34.17%
15/03/2021 FTSE Closed at 6749 points. Change of -0.18%. Total value traded through LSE was: £ 5,779,699,069 a change of 6.67%
12/03/2021 FTSE Closed at 6761 points. Change of 0.37%. Total value traded through LSE was: £ 5,418,064,712 a change of -9.29%
11/03/2021 FTSE Closed at 6736 points. Change of 0.16%. Total value traded through LSE was: £ 5,972,975,685 a change of -1.35%
10/03/2021 FTSE Closed at 6725 points. Change of -0.07%. Total value traded through LSE was: £ 6,055,011,331 a change of -12.01%
9/03/2021 FTSE Closed at 6730 points. Change of 0.16%. Total value traded through LSE was: £ 6,881,664,141 a change of 1.69%
8/03/2021 FTSE Closed at 6719 points. Change of 1.34%. Total value traded through LSE was: £ 6,767,361,334 a change of -3.17%

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:BARC Barclays** **LSE:BDEV Barrett Devs** **LSE:CCL Carnival** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:LLOY Lloyds Grp.** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

********

Updated charts published on : Avacta, Barclays, Barrett Devs, Carnival, Centrica, ECO (Atlantic) O & G, Lloyds Grp., Rockhopper, Royal Mail, Rolls Royce, Taylor Wimpey, Vodafone,

LSE:AVCTLSE:AVCT Avacta. Close Mid-Price: 275 Percentage Change: + 0.36% Day High: 283.5 Day Low: 268

Target met. Further movement against Avacta ABOVE 283.5 should improve ac ……..

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LSE:BARCLSE:BARC Barclays. Close Mid-Price: 183.02 Percentage Change: + 1.52% Day High: 185.64 Day Low: 181.38

Target met. In the event of Barclays enjoying further trades beyond 185.6 ……..

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LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 770 Percentage Change: + 2.86% Day High: 772 Day Low: 730.4

All Barrett Devs needs are mid-price trades ABOVE 772 to improve accelera ……..

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LSE:CCL Carnival Close Mid-Price: 1732.5 Percentage Change: -1.62% Day High: 1800 Day Low: 1722.5

Continued trades against CCL with a mid-price ABOVE 1800 should improve t ……..

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LSE:CNALSE:CNA Centrica. Close Mid-Price: 56.18 Percentage Change: + 2.18% Day High: 56.74 Day Low: 54.84

Target met. All Centrica needs are mid-price trades ABOVE 56.74 to improv ……..

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LSE:ECOLSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 27.25 Percentage Change: + 4.81% Day High: 26.25 Day Low: 25.55

Target met. Continued trades against ECO with a mid-price ABOVE 26.25 sho ……..

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LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 41.48 Percentage Change: + 0.91% Day High: 42.09 Day Low: 41.15

In the event of Lloyds Grp. enjoying further trades beyond 42.09, the sha ……..

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LSE:RKHLSE:RKH Rockhopper. Close Mid-Price: 10.72 Percentage Change: + 2.10% Day High: 11 Day Low: 10.3

In the event of Rockhopper enjoying further trades beyond 11, the share s ……..

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LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 519 Percentage Change: + 3.10% Day High: 519.6 Day Low: 507.4

Target met. Further movement against Royal Mail ABOVE 519.6 should improv ……..

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LSE:RR.LSE:RR. Rolls Royce. Close Mid-Price: 122.85 Percentage Change: + 4.11% Day High: 125.2 Day Low: 118.25

All Rolls Royce needs are mid-price trades ABOVE 125.2 to continue accele ……..

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LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 184.7 Percentage Change: + 1.60% Day High: 185.8 Day Low: 181.05

Target met. In the event of Taylor Wimpey enjoying further trades beyond ……..

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LSE:VODLSE:VOD Vodafone. Close Mid-Price: 134.52 Percentage Change: + 1.10% Day High: 134.58 Day Low: 132.6

In the event of Vodafone enjoying further trades beyond 134.58, the share ……..

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