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.

Vodafone Group Share Price Gains?

#Gold #WallSt Recent weeks has seen utter capitulation in the face of rubbish wireless signals from rubbish routers. Despite manufacturers promising the earth, it became the work of minutes, then hours, then days, to conceal good old fashioned network cable throughout the house, discrete plug in points placed in every room. Once the concession had been made of PC’s & Laptops suffering from poor wireless, buying network adapters for the tablets came next. To be honest, both Android and Apple devices experienced a complete new lease of life as once connected, dramatic pauses became a thing of the past.

The annoying detail behind this workload was revealed when upgrading domestic broadband to fibre optic. A single computer, plugged into the fancy BT router, had no complaints. Everything else which was wireless continued behave as badly as before fibre optic, making us realise the problem with our internet was not the connection. Instead, domestic wireless signals were, for us, utterly rubbish. Once this admission was acknowledged, suddenly friends are changing their domestic network regimes, discovering similar results. It’s even been the case that one person, indulging in the most lazy routine for moving into a new flat (Covid-19 allowed him to remain with his Mum, while decorating and furnishing his new place) has opted for a further excuse for “the big move” while he lifts flooring to route cables everywhere!

 

Of course, this brings us to Vodafone and the promise of broadband via cellular providers. Personal experience with individual computers has been good, when a phone is tethered to a laptop. Against this has been the constant fear of excess charges by exceeding a download quota. Communication companies generally prove quite predatory, when either quota’s or ‘reasonable use’ allowances are exceeded. This is obviously a pity, the attractions of breaking free from any form of terrestrial cable certainly appeal. For now, the safest option (for us) is remaining plugged into BT, while remaining with fairly large usage allowances on cellular devices. In theory, the only thing which can stop us now is a power cut, experience teaching such events also stop cellular towers operating.

 

Vodafone share price has experienced a bit of a rocky few years, presently flailing around in the 120 and 130’s. We’ve a particular reason to allocation 137p as a trigger level and given the price is currently trading around 133p, it’s certainly not got far to travel. Above 137p calculates with an initial potential of a fairly tame 145p with secondary, if exceeded, calculating at 160p and almost certain hesitation given this matches the price highs, pre pandemic.

We suspect closure above Red on the chart, a line which actually dates back nearly 20 years, shall prove very important for the longer term. At present this is pretty close to our 137p trigger level but once this trends solidly exceeded, we can start allocating targets for the infinitely patient as a track toward a distant 238p becomes possible.

 

For panic to take hold, the price needs slip below 120p.

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
10:42:21PM BRENT 68.52 Shambles
10:50:18PM GOLD 1731 1721 1714.5 1706 1732 1735 1742.5 1757 1722 ‘cess
10:52:33PM FTSE 6769
10:54:01PM FRANCE 6049.1
10:56:32PM GERMANY 14486.44 ‘cess
10:58:20PM US500 3962.57 ‘cess
11:00:21PM DOW 32894 32758 32695 32602 32819 32974 33082 33235 32788 Success
11:02:13PM NASDAQ 13072 Success
11:04:06PM JAPAN 29815 ‘cess
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%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%

 

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:BBY BALFOUR BEATTY** **LSE:CNA Centrica** **LSE:ECO ECO (Atlantic) O & G** **LSE:EME Empyrean** **LSE:FGP Firstgroup** **LSE:MKS Marks and Spencer** **LSE:MRW Morrisons** **LSE:QFI Quadrise** **LSE:RMG Royal Mail** **LSE:RR. Rolls Royce** **LSE:TLW Tullow** **

********

Updated charts published on : Avacta, Barclays, BALFOUR BEATTY, Centrica, ECO (Atlantic) O & G, Empyrean, Firstgroup, Marks and Spencer, Morrisons, Quadrise, Royal Mail, Rolls Royce, Tullow,

LSE:AVCTLSE:AVCT Avacta. Close Mid-Price: 274 Percentage Change: + 9.60% Day High: 274.5 Day Low: 248.5

Continued trades against AVCT with a mid-price ABOVE 274.5 should improve ……..

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LSE:BARC Barclays Close Mid-Price: 180.28 Percentage Change: -0.18% Day High: 182.5 Day Low: 178.2

Further movement against Barclays ABOVE 182.5 should improve acceleration ……..

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LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 294.2 Percentage Change: + 1.45% Day High: 300 Day Low: 293

Continued trades against BBY with a mid-price ABOVE 300 should improve th ……..

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LSE:CNALSE:CNA Centrica. Close Mid-Price: 54.98 Percentage Change: + 2.00% Day High: 55.12 Day Low: 53.58

Further movement against Centrica ABOVE 55.12 should improve acceleration ……..

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LSE:ECOLSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 26 Percentage Change: + 7.22% Day High: 26 Day Low: 24.25

All ECO (Atlantic) O & G needs are mid-price trades ABOVE 26 to improve a ……..

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LSE:EME Empyrean Close Mid-Price: 3.6 Percentage Change: -5.26% Day High: 3.8 Day Low: 3.6

Target met. In the event Empyrean experiences weakness below 3.6 it calcu ……..

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LSE:FGP Firstgroup Close Mid-Price: 93.4 Percentage Change: -0.11% Day High: 95.5 Day Low: 93.25

Further movement against Firstgroup ABOVE 95.5 should improve acceleratio ……..

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LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 158.6 Percentage Change: + 0.32% Day High: 160.3 Day Low: 157.4

Target met. Further movement against Marks and Spencer ABOVE 160.3 should ……..

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LSE:MRW Morrisons Close Mid-Price: 173.5 Percentage Change: -1.67% Day High: 178.25 Day Low: 170.85

Weakness on Morrisons below 170.85 will invariably lead to 160 with secon ……..

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LSE:QFILSE:QFI Quadrise. Close Mid-Price: 3.83 Percentage Change: + 2.54% Day High: 4.28 Day Low: 3.75

Target met. Continued trades against QFI with a mid-price ABOVE 4.28 shou ……..

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LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 503.4 Percentage Change: + 0.32% Day High: 510.6 Day Low: 502

Continued trades against RMG with a mid-price ABOVE 510.6 should improve ……..

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LSE:RR.LSE:RR. Rolls Royce. Close Mid-Price: 118 Percentage Change: + 2.74% Day High: 119 Day Low: 114.5

Further movement against Rolls Royce ABOVE 119 should improve acceleratio ……..

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LSE:TLW Tullow Close Mid-Price: 60.48 Percentage Change: -0.56% Day High: 65.72 Day Low: 59.72

Target met. All Tullow needs are mid-price trades ABOVE 65.72 to improve ……..

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

Is Lloyds Bank exiting hibernation?

#BrentCrude #CAC40Index When we last speculated over market trends and prospective targets with Lloyds, we’d expressed some thoughts of the 40p level being important sometime in the future. Price movements proved strange, taking 3 sessions before the critical level triggered, then a further 5 sessions before things started to look fairly positive. Only when reviewing price movements did everything start to make a degree of sense.

This is very much a ‘Back to School Basics’ exercise. On 24th February, when the share price spiked to 41p, it did so at the open. A pretty reliable rule of thumb, proven correct at 80% of the time, warns of some dangers with opening second spikes. Generally, unless this artificial high is exceeded within the first 90 minutes of trading, the spike will prove “fake”, rarely able to sustain the day and creating a situation where some folk believe “the price had to go up, so it could go down…” We’re less than comfortable with any logic behind this statement but experience teaches it’s often true. Unless an order has been previously placed, we feel few traders rarely can take advantage of these situations to see and worse, if it was a Buy Order, many folk would be furious at almost being tricked into buying a share which looses 7% of its value shortly thereafter.

We prefer to stand back and take a deep breath. After all, the market just proved the trigger level can be pulled, so it’s all just a matter of patience thereafter.

 

Last week, the share again exceeded the 40p level and now we’re inclined to some real optimism for the future. Hopefully neither Covid, Brexit, or The Royal Family stick their oar in and spoil things. Presently, every indication against Lloyds suggests movement next continuing above 42p should attempt an initial 50p with secondary, if bettered, calculating at 55p along with a strong possibility of some hesitation. As the chart below illustrates, prior to the Covid-19 drop last year,  for some reason Lloyds stuttered around just above the 55p level before joining the rest of the market in leaping off a cliff.

We suspect this share price shall require closure above 55p in the future to indicate happy days ahead with some ‘proper’ price recovery.

 

To warn of things going wrong, Lloyds bank needs trade below 36p to justify some panic. Visually, there appears little threat of such a movement. Yet!

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
9:44:41PM BRENT 69.03 67.7 65.81 64.03 68.4 69.58 70.565 71.98 58.7
9:46:46PM GOLD 1724.91 Success
9:49:02PM FTSE 6800 ‘cess
9:52:46PM FRANCE 6066 6015 5994 5969 6039 6068 6215 6425 5905 ‘cess
9:54:21PM GERMANY 14558 Success
9:56:03PM US500 3943.37
9:58:04PM DOW 32795 ‘cess
10:02:52PM NASDAQ 12941 ‘cess
10:05:17PM JAPAN 29684 Success

 

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%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
4/03/2021 FTSE Closed at 6650 points. Change of -0.37%. Total value traded through LSE was: £ 7,078,677,923 a change of 10.48%

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:GENL Genel** **LSE:MKS Marks and Spencer** **LSE:OPG OPG Power Ventures** **LSE:QFI Quadrise** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:TLW Tullow** **

********

Updated charts published on : Barclays, Genel, Marks and Spencer, OPG Power Ventures, Quadrise, Rockhopper, Royal Mail, Tullow,

LSE:BARCLSE:BARC Barclays. Close Mid-Price: 180.6 Percentage Change: + 3.64% Day High: 180.72 Day Low: 174.64

Target met. Continued trades against BARC with a mid-price ABOVE 180.72 s ……..

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LSE:GENLLSE:GENL Genel. Close Mid-Price: 191.6 Percentage Change: + 0.10% Day High: 194.8 Day Low: 189.6

All Genel needs are mid-price trades ABOVE 194.8 to improve acceleration ……..

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LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 158.1 Percentage Change: + 1.28% Day High: 158.45 Day Low: 154.45

Target met. All Marks and Spencer needs are mid-price trades ABOVE 158.45 ……..

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LSE:OPG OPG Power Ventures Close Mid-Price: 19.05 Percentage Change: -2.31% Day High: 19.5 Day Low: 19.05

In the event of OPG Power Ventures enjoying further trades beyond 19.5, t ……..

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LSE:QFILSE:QFI Quadrise. Close Mid-Price: 3.73 Percentage Change: + 5.51% Day High: 3.96 Day Low: 3.57

In a change to the previous numbers, while above 3.96 remains pointing at ……..

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LSE:RKHLSE:RKH Rockhopper. Close Mid-Price: 10.5 Percentage Change: + 6.06% Day High: 10.5 Day Low: 9.7

All Rockhopper needs are mid-price trades ABOVE 10.5 to improve accelerat ……..

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LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 501.8 Percentage Change: + 1.27% Day High: 507.4 Day Low: 495

Target met. In the event of Royal Mail enjoying further trades beyond 507 ……..

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LSE:TLWLSE:TLW Tullow. Close Mid-Price: 60.82 Percentage Change: + 10.18% Day High: 61.48 Day Low: 54.38

Continued trades against TLW with a mid-price ABOVE 61.48 should improve ……..

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

FTSE for Friday

Once again, it’s time for our world famous #FTSE for Friday, along with an outpouring of misery for its prospects. For the last few years, we feel we constantly moan about how badly the FTSE is performing, when compared to its peers. We decided to take a snapshot of what’s been happening, if we use The Brexit Vote as an anchor, comparing “what happened next” with a few other key national index’ trends. The results proved quite sobering, more shocking when recovery from the Covid-19 drops are viewed.

Obviously, topping the chart is the USA with the example given, the S&P, now trading 20% higher than its level before Covid hit. Germany and the Dax is more modest, around 6% above the pre-Covid level with Australia and France nervously challenging their pre-Covid market levels right now. To be fair, we can easily calculate targets of 6,750 sometime in the future for France and somewhere around 7,900 for Australia. But only once they start achieving highs above their pre-pandemic levels. The funny thing, despite the S&P500 running ahead, we fear it shall run out of steam just before the 4,300 level.

It sometimes feels disloyal to our country, highlighting this sort of shambles but the harsh reality cannot be ignored. The FTSE needs grow 15%, just to draw level with the current position of France and Australia. Then, things get a little frightening as we’re currently calculating such a scenario with a potential high of 8,100 before trouble. Perhaps the UK Govt shouldn’t have caused the deaths of so many (in 2020, the worlds only open airports and ports policy?) and also, should perhaps be performing better when handling Brexit.

If ‘interesting’ is a simile for ‘worrying’, we live in interesting times!

Hey, chart goes here

FTSE for Friday Despite the last week proving somewhat boring, March as a whole is actually showing some interesting potentials and we should now be singing the praises of a potential rise toward 6,816 points, perhaps even 6,935 points if everything goes right. Unfortunately, the FTSE, perhaps due to lethargy and the reasons given above, is proving quite hesitant and we’re inclined to establish a “safe” trigger level at 6,757 points.

In the event the FTSE betters 6,757, we calculate an initial ambition of 6,816 points. we are nervous proposing a secondary at 6,935 points, suspecting a fearful UK market shall recoil if it matches the highs of January this year at 6,900 points.

For everything to (again) go wrong, the index needs trade below 6,690 as this risks triggering reversal toward an initial 6,645 with secondary, if broken, at 6,594 points.

Have a good weekend and remember, now only 2 weeks until the Formula1 season starts.

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
9:55:50PM BRENT 69.38 67.62 66.865 69.1 69.58 70.51 68.15 ‘cess
9:57:16PM GOLD 1722 1719 1715 1726 1739 1746 1731 ‘cess
10:09:25PM FTSE 6722 6699 6680 6737 6749 6780.5 6719 ‘cess
10:10:54PM FRANCE 6028.7 5980 5971.5 6014 6039 6050 5981
10:12:43PM GERMANY 14547 14514 14489 14554 14596 14631 14538
10:14:41PM US500 3935.92 3910 3896.5 3931 3961 3975.75 3909 Success
10:17:24PM DOW 32502 32273 32179 32460 32665 32748 32333 ‘cess
10:20:09PM NASDAQ 13050 12899 12808.5 13012 13125 13194.5 12926 ‘cess
10:22:21PM JAPAN 29284 29119 29086.5 29256 29378 29433 29077 ‘cess

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%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
4/03/2021 FTSE Closed at 6650 points. Change of -0.37%. Total value traded through LSE was: £ 7,078,677,923 a change of 10.48%
3/03/2021 FTSE Closed at 6675 points. Change of 0.94%. Total value traded through LSE was: £ 6,407,091,178 a change of -5.86%

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

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

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

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

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

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

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

Click Epic to jump to share: LSE:AVCT Avacta** **LSE:HL. Hargreaves Lansdown** **LSE:IGG IG Group** **LSE:IQE IQE** **LSE:MRW Morrisons** **LSE:RMG Royal Mail** **LSE:TW. Taylor Wimpey** **LSE:VOD Vodafone** **

********

Updated charts published on : Avacta, Hargreaves Lansdown, IG Group, IQE, Morrisons, Royal Mail, Taylor Wimpey, Vodafone,

LSE:AVCT Avacta Close Mid-Price: 244 Percentage Change: -2.40% Day High: 255.5 Day Low: 242.5

All Avacta needs are mid-price trades ABOVE 255.5 to improve acceleration ……..

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LSE:HL. Hargreaves Lansdown Close Mid-Price: 1521.5 Percentage Change: -0.16% Day High: 1544 Day Low: 1522

This is getting to be a concern as below 1510 suggests coming weakness to ……..

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LSE:IGGLSE:IGG IG Group. Close Mid-Price: 850.5 Percentage Change: + 4.87% Day High: 863 Day Low: 834

Above 863 suggests travel to an initial 890p with secondary, if bettered, ……..

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LSE:IQELSE:IQE IQE. Close Mid-Price: 73.95 Percentage Change: + 4.15% Day High: 74.5 Day Low: 70.35

This is a bit of a puzzle as it’s supposed to be heading up. Only it’s doi ……..

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LSE:MRW Morrisons Close Mid-Price: 175.25 Percentage Change: -0.99% Day High: 178.45 Day Low: 171.9

Even above 179 should now give slight hope, permitting an initial 185 with ……..

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LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 495.5 Percentage Change: + 1.00% Day High: 500 Day Low: 485.7

All Royal Mail needs are mid-price trades ABOVE 500 to improve accelerati ……..

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LSE:TW. Taylor Wimpey Close Mid-Price: 181.65 Percentage Change: -0.14% Day High: 182.9 Day Low: 178.4

Further movement against Taylor Wimpey ABOVE 182.9 should improve acceler ……..

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LSE:VODLSE:VOD Vodafone. Close Mid-Price: 131.78 Percentage Change: + 1.90% Day High: 132.34 Day Low: 129.26

Near term, above 133 is supposed to bring movement to a significant 137. S ……..

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

Weir Group, a reminder of Playboy!

#SP500 #BrentCrude New returnee to the FTSE 100, we’d hoped the market throw a surprise party. Alas, the converse seems true. A chum worked at Weirs Pumps Glasgow unit in the 1980’s, a designer who was never comfortable with the morning commute. One day, instead of his daily paper for the train, he noticed Playboy magazine had a prominent article on a motorcycle, one he really wanted to buy. Needless to say,  “legend” status was achieved, sitting reading Playboy while surrounded by folk reading the Guardian or whatever, everyone frantically trying not to look over his shoulder. The monthly Playboy habit stuck and for years was known as the guy who literally bought Playboy for the writing.

 

As mentioned, there appears to be a lack of a party mood for Weirs, quite the converse at present. Presently trading around 1875p, the share need only slip below 1789 to enter a cycle toward an initial 1593p. Despite the visuals implying the possibility of a rebound at such a level, the longer term secondary of 1186p looks more capable of providing a “bottom” sometime in the future, especially as it covers the market gap from October last year.

Surprisingly, we’d a “however”, one which dates back to the downtrend since 2014. Twice this year, the market has shown this vague trend can be exceeded and it’s not terribly difficult to surmise any future nudge above shall present a picture of growth.

Effectively, above just 1990p should prove useful, entering a continued growth cycle to an initial 2272 with secondary, if exceeded, calculating at a longer term 2527p and some probable hesitation.

 

 

FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
9:45:17PM BRENT 68.04 66.32 65.795 64 67.63 69.07 69.17 70.12 67.34
9:53:16PM GOLD 1726
10:05:08PM FTSE 6741
10:09:29PM FRANCE 5998 Success
10:14:45PM GERMANY 14584 Success
10:16:16PM US500 3909.17 3857 3840.5 3815 3887 3917 3924.5 3947 3885 ‘cess
10:26:24PM DOW 32372 Success
10:29:32PM NASDAQ 12792 ‘cess
10:31:49PM JAPAN 29106

 

Hey, chart goes here
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%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
4/03/2021 FTSE Closed at 6650 points. Change of -0.37%. Total value traded through LSE was: £ 7,078,677,923 a change of 10.48%
3/03/2021 FTSE Closed at 6675 points. Change of 0.94%. Total value traded through LSE was: £ 6,407,091,178 a change of -5.86%
2/03/2021 FTSE Closed at 6613 points. Change of 0.38%. Total value traded through LSE was: £ 6,806,160,931 a change of 10.04%

 

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:BDEV Barrett Devs** **LSE:BLVN Bowleven** **LSE:CAR Carclo** **LSE:ECO ECO (Atlantic) O & G** **LSE:IGAS Igas Energy** **LSE:MKS Marks and Spencer** **LSE:RKH Rockhopper** **LSE:RMG Royal Mail** **LSE:UKOG UK Oils and Gas** **LSE:VEC Vectura** **

********

Updated charts published on : Avacta, Barrett Devs, Bowleven, Carclo, ECO (Atlantic) O & G, Igas Energy, Marks and Spencer, Rockhopper, Royal Mail, UK Oils and Gas, Vectura,

LSE:AVCTLSE:AVCT Avacta. Close Mid-Price: 250 Percentage Change: + 12.61% Day High: 252 Day Low: 218.5

Target met. In the event of Avacta enjoying further trades beyond 252, th ……..

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LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 760.4 Percentage Change: + 1.36% Day High: 764.2 Day Low: 743.6

Target met. In the event of Barrett Devs enjoying further trades beyond 7 ……..

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LSE:BLVNLSE:BLVN Bowleven. Close Mid-Price: 6.75 Percentage Change: + 0.00% Day High: 6.75 Day Low: 6.75

This does not “feel” right, needing below 6.3 to provoke 4.5 next with sec ……..

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LSE:CARLSE:CAR Carclo. Close Mid-Price: 31.55 Percentage Change: + 5.87% Day High: 34.8 Day Low: 29.3

Target met. All Carclo needs are mid-price trades ABOVE 34.8 to improve a ……..

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LSE:ECOLSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 25 Percentage Change: + 4.17% Day High: 25 Day Low: 24

Further movement against ECO (Atlantic) O & G ABOVE 25 should improve acc ……..

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LSE:IGASLSE:IGAS Igas Energy. Close Mid-Price: 26.9 Percentage Change: + 3.46% Day High: 26.1 Day Low: 26.1

Dangerously close to interesting, movement now above 30.5 should attempt a ……..

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LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 156.75 Percentage Change: + 1.79% Day High: 157.7 Day Low: 152.95

Continued trades against MKS with a mid-price ABOVE 157.7 should improve ……..

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LSE:RKH Rockhopper Close Mid-Price: 9.65 Percentage Change: -3.50% Day High: 10 Day Low: 9.5

Currently somewhat lethargic, we are now to believe above 10p should bring ……..

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LSE:RMGLSE:RMG Royal Mail. Close Mid-Price: 490.6 Percentage Change: + 3.63% Day High: 494.2 Day Low: 463.1

Target met. Further movement against Royal Mail ABOVE 494.2 should improv ……..

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LSE:UKOG UK Oils and Gas Close Mid-Price: 0.12 Percentage Change: -4.00% Day High: 0.12 Day Low: 0.12

By just about any standards, this is royally stuffed. Below .12 signals re ……..

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LSE:VEC Vectura Close Mid-Price: 113.8 Percentage Change: -1.56% Day High: 117.8 Day Low: 112.6

This is a bit unsettling, needing below 109 to enter a cycle to an initial ……..

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

Will Just Eat Deliver?

#CAC40 #DAX The dystopian vision of a future from the film Wall-E is already upon us. It began with the invention of the wheel, continued with the advent of the TV remote control, and now, we no longer need shop or even phone for food. Historically, it appears a safe bet to satisfy the human craving to do as little as possible, as effortlessly as possible. Perhaps there’s an opening for a robot domestic vacuum cleaner, capable of opening the front door and collecting dinner from the bloke on the moped…

Even here in our corner of Argyll, a part of the UK usually last to adopt new fangled things, has Just Eat delivering food from the Chinese takeaway. The outlet opted to ban collections from their shop for the duration of lockdown. The delivery driver, amusingly, doubles as the local postman, ensuring he always knows exactly where he’s going. We suspect folk familiar with Just Eats predatory order commissions retain the habit of just phoning the restaurant anyway.

 

We’re curious if delivery companies shall suffer, with lockdown starting to ease throughout the country. We suspect any reduction shall prove short lived, thanks to folk becoming used to the sheer convenience of hot food delivery and return to our opening paragraph. Essentially, to mangle a saying, no-one ever went broke betting on humans taking the easiest path.

 

After expressing hope for the future with such confidence, we’re a little curious due to recent price movements for Just Eat. At time of writing, the share is trading around 6844p, needing below 6320p to give cause for concern. There’s a very real risk of such weakness triggering reversals to an initial 5024 with secondary, when broken, at a bottom of 4427p and hopefully a proper rebound. To be fair, we’d hope our secondary never makes an appearance, any bounce occurring well above such a level.

At present, the price needs exceed Blue (7225p) to give immediate hope as this looks very capable of triggering growth to an initial 7864 with secondary, if bettered, at 8257p. With the company due to issue a trading statement, perhaps some optimism can be anticipated as the last year must surely have provided a gift to their income levels during 2020.

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
10:24:47PM BRENT 67.13
10:26:39PM GOLD 1716.38
10:29:15PM FTSE 6739 Success
10:40:38PM FRANCE 5928 5892 5884 5864 5918 5943 5956 5985 5920
10:43:19PM GERMANY 14460 14308 14251.5 14176 14393 14478 14491 14548 14404
10:45:55PM US500 3875.42 ‘cess
10:48:24PM DOW 31879
10:52:11PM NASDAQ 12818
10:55:18PM JAPAN 29189
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%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
4/03/2021 FTSE Closed at 6650 points. Change of -0.37%. Total value traded through LSE was: £ 7,078,677,923 a change of 10.48%
3/03/2021 FTSE Closed at 6675 points. Change of 0.94%. Total value traded through LSE was: £ 6,407,091,178 a change of -5.86%
2/03/2021 FTSE Closed at 6613 points. Change of 0.38%. Total value traded through LSE was: £ 6,806,160,931 a change of 10.04%
1/03/2021 FTSE Closed at 6588 points. Change of 1.62%. Total value traded through LSE was: £ 6,185,435,500 a change of -34.59%

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:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:ECO ECO (Atlantic) O & G** **LSE:GENL Genel** **LSE:IPF International Personal Finance** **LSE:ITV ITV** **LSE:MKS Marks and Spencer** **LSE:RR. Rolls Royce** **LSE:TW. Taylor Wimpey** **

********

Updated charts published on : Avacta, Barrett Devs, Carclo, ECO (Atlantic) O & G, Genel, International Personal Finance, ITV, Marks and Spencer, Rolls Royce, Taylor Wimpey,

LSE:AVCTLSE:AVCT Avacta. Close Mid-Price: 222 Percentage Change: + 2.30% Day High: 227.5 Day Low: 217.5

Target met. Further movement against Avacta ABOVE 227.5 should improve ac ……..

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LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 750.2 Percentage Change: + 1.24% Day High: 760 Day Low: 740.2

Target met. Further movement against Barrett Devs ABOVE 760 should improv ……..

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LSE:CARLSE:CAR Carclo. Close Mid-Price: 29.8 Percentage Change: + 5.49% Day High: 30.9 Day Low: 28.3

In the event of Carclo enjoying further trades beyond 30.9, the share sho ……..

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LSE:ECOLSE:ECO ECO (Atlantic) O & G. Close Mid-Price: 24 Percentage Change: + 1.48% Day High: 24 Day Low: 23.5

Showing early signs of interest, the needs trade above 24.5p to be viewed ……..

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LSE:GENL Genel Close Mid-Price: 187.2 Percentage Change: -0.21% Day High: 192 Day Low: 183.8

In the event of Genel enjoying further trades beyond 192, the share shoul ……..

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LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 109.8 Percentage Change: + 4.17% Day High: 109.6 Day Low: 104.6

In the event of International Personal Finance enjoying further trades be ……..

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LSE:ITVLSE:ITV ITV. Close Mid-Price: 126.35 Percentage Change: + 3.99% Day High: 127.1 Day Low: 112.6

All ITV needs are mid-price trades ABOVE 127.1 to improve acceleration to ……..

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LSE:MKSLSE:MKS Marks and Spencer. Close Mid-Price: 154 Percentage Change: + 3.32% Day High: 154.25 Day Low: 146.8

Target met. In the event of Marks and Spencer enjoying further trades bey ……..

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LSE:RR. Rolls Royce Close Mid-Price: 113.85 Percentage Change: -2.27% Day High: 118.2 Day Low: 112.45

Continued trades against RR. with a mid-price ABOVE 118.2 should improve ……..

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LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 179.05 Percentage Change: + 0.22% Day High: 181.7 Day Low: 177.5

Continued trades against TW. with a mid-price ABOVE 181.7 should improve ……..

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

Is it worth watching ITV?

#Gold #SP500 This share price is looking pretty optimistic for some reason. As technology develops and the internet improves, a surprising phenomena is frequently noticed when our lounge TV is turned on. There’s a little box in the middle of the screen, advising ‘The TV Automatically Turned Off Due To Lack Of Activity”. Nowadays, the lounge big screen tends be used to watch Coronation St (not me), then muted and forgotten, left to wither away like an unwatered potted plant. My wife’s viewing habits have changed, her iPad tending favour unending documentaries on YouTube or other streaming services but most emphatically no longer dependant on satellite TV.

In the interests of full disclosure, she is watching ITV while I’m writing this in the office. An interview with a celebrity Royal Family couple is mandatory viewing in the UK tonight. Presumably the folk involved will launch a ‘Premium Rate Phone Call’ competition for viewers before the show ends, offering the prize of a holiday or car to anyone who paid attention.

 

Despite a personal distrust of such a terrestrial TV company, presumably there are doing something to capture the tablet revolution. Near term, it certainly looks like strength exceeding 122p should propel the share price toward an initial 133p, along with a collision against the downtrend since 2016. It will become utterly crucial for the share price to actually close a session above 131p to allow us to present some quite useful numbers for the longer term.

Closure above 131p creates a scenario, where an initial 173p is expected with secondary, if bettered, at 173p. We fear, given historical behaviour around the 173p level, some stutters shall occur should such a number make itself known. After all, there’s bound to be a bunch of frustrated folk who bought around this level a few years ago, desperately hoping “this” was the time the share price will go up. Invariably, this select gang will bail a share at break even, creating selling pressure while the regain use of their funds.

In the case of ITV, we suspect this shall be an erroneous judgement for the long, long, term, if only on the basis the 4th attempt will be the charm.

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
10:05:16PM BRENT 67.92 ‘cess
10:07:42PM GOLD 1683.7 1676.65 1661 1561 1723 1722 1734.5 1754 1691
10:22:48PM FTSE 6713 Shambles
10:34:42PM FRANCE 5893 Success
10:37:40PM GERMANY 14383 Success
10:39:54PM US500 3831 3796 3775.5 3740 3836 3882 3887.25 3911 3844 ‘cess
10:49:06PM DOW 31895 Success
10:56:47PM NASDAQ 12349
11:02:38PM JAPAN 28839
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%
5/03/2021 FTSE Closed at 6630 points. Change of -0.3%. Total value traded through LSE was: £ 6,989,244,582 a change of -1.26%
4/03/2021 FTSE Closed at 6650 points. Change of -0.37%. Total value traded through LSE was: £ 7,078,677,923 a change of 10.48%
3/03/2021 FTSE Closed at 6675 points. Change of 0.94%. Total value traded through LSE was: £ 6,407,091,178 a change of -5.86%
2/03/2021 FTSE Closed at 6613 points. Change of 0.38%. Total value traded through LSE was: £ 6,806,160,931 a change of 10.04%
1/03/2021 FTSE Closed at 6588 points. Change of 1.62%. Total value traded through LSE was: £ 6,185,435,500 a change of -34.59%
26/02/2021 FTSE Closed at 6483 points. Change of -2.53%. Total value traded through LSE was: £ 9,456,681,275 a change of 48.72%

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:BBY BALFOUR BEATTY** **LSE:BDEV Barrett Devs** **LSE:CAR Carclo** **LSE:EME Empyrean** **LSE:GENL Genel** **LSE:HIK Hikma** **LSE:HSBA HSBC** **LSE:IPF International Personal Finance** **LSE:ITM ITM Power** **LSE:ITRK Intertek** **LSE:ITV ITV** **LSE:LLOY Lloyds Grp.** **LSE:NWG Natwest** **LSE:PMO Premier** **LSE:POG Petrop etc** **LSE:SCLP Scancell** **LSE:STAN Standard Chartered** **LSE:TLW Tullow** **LSE:TW. Taylor Wimpey** **

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Updated charts published on : Barclays, BALFOUR BEATTY, Barrett Devs, Carclo, Empyrean, Genel, Hikma, HSBC, International Personal Finance, ITM Power, Intertek, ITV, Lloyds Grp., Natwest, Premier, Petrop etc, Scancell, Standard Chartered, Tullow, Taylor Wimpey,

LSE:BARCLSE:BARC Barclays. Close Mid-Price: 177.92 Percentage Change: + 3.70% Day High: 178.18 Day Low: 173.28

All Barclays needs are mid-price trades ABOVE 178.18 to improve accelerat ……..

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LSE:BBYLSE:BBY BALFOUR BEATTY. Close Mid-Price: 298.4 Percentage Change: + 2.19% Day High: 298.8 Day Low: 291.8

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

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LSE:BDEVLSE:BDEV Barrett Devs. Close Mid-Price: 741 Percentage Change: + 3.87% Day High: 740.2 Day Low: 711.8

Target met. Continued trades against BDEV with a mid-price ABOVE 740.2 sh ……..

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LSE:CARLSE:CAR Carclo. Close Mid-Price: 28.25 Percentage Change: + 10.78% Day High: 28.5 Day Low: 25.5

Continued trades against CAR with a mid-price ABOVE 28.5 should improve t ……..

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LSE:EMELSE:EME Empyrean. Close Mid-Price: 3.88 Percentage Change: + 0.00% Day High: 3.88 Day Low: 3.73

If Empyrean experiences continued weakness below 3.73, it will invariably ……..

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LSE:GENLLSE:GENL Genel. Close Mid-Price: 187.6 Percentage Change: + 1.30% Day High: 190 Day Low: 180.4

Target met. Continued trades against GENL with a mid-price ABOVE 190 shou ……..

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LSE:HIKLSE:HIK Hikma. Close Mid-Price: 2205 Percentage Change: + 0.55% Day High: 2211 Day Low: 2158

Weakness on Hikma below 2158 will invariably lead to 2130 with secondary ……..

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LSE:HSBALSE:HSBA HSBC. Close Mid-Price: 455.5 Percentage Change: + 4.09% Day High: 456.75 Day Low: 443.6

Target met. Continued trades against HSBA with a mid-price ABOVE 456.75 s ……..

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LSE:IPFLSE:IPF International Personal Finance. Close Mid-Price: 105.4 Percentage Change: + 2.73% Day High: 107 Day Low: 99.5

Further movement against International Personal Finance ABOVE 107 should ……..

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LSE:ITM ITM Power Close Mid-Price: 440 Percentage Change: -2.33% Day High: 459.5 Day Low: 407.5

Weakness on ITM Power below 407.5 will invariably lead to 373 with second ……..

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LSE:ITRK Intertek Close Mid-Price: 5266 Percentage Change: -1.94% Day High: 5422 Day Low: 5216

Weakness on Intertek below 5216 will invariably lead to 4923 with seconda ……..

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LSE:ITVLSE:ITV ITV. Close Mid-Price: 121.5 Percentage Change: + 4.16% Day High: 121.9 Day Low: 117.8

Target met. In the event of ITV enjoying further trades beyond 121.9, the ……..

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LSE:LLOYLSE:LLOY Lloyds Grp.. Close Mid-Price: 41.78 Percentage Change: + 4.25% Day High: 41.97 Day Low: 40.3

Continued trades against LLOY with a mid-price ABOVE 41.97 should improve ……..

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LSE:NWGLSE:NWG Natwest. Close Mid-Price: 192.25 Percentage Change: + 2.23% Day High: 192.6 Day Low: 187.6

Further trades beyond 194 now suggest growth toward 202p with secondary, i ……..

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LSE:PMOLSE:PMO Premier. Close Mid-Price: 32.1 Percentage Change: + 4.63% Day High: 33.45 Day Low: 31.4

All Premier needs are mid-price trades ABOVE 33.45 to improve acceleratio ……..

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LSE:POG Petrop etc Close Mid-Price: 25.5 Percentage Change: -3.41% Day High: 26.5 Day Low: 25.5

In the event Petrop etc experiences weakness below 25.5 it calculates wit ……..

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LSE:SCLP Scancell Close Mid-Price: 21 Percentage Change: -3.45% Day High: 22.25 Day Low: 20.5

If Scancell experiences continued weakness below 20.5, it will invariably ……..

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LSE:STANLSE:STAN Standard Chartered. Close Mid-Price: 509 Percentage Change: + 1.94% Day High: 512.8 Day Low: 499.6

This is very much on the edge of becoming useful. Movement next above 513p ……..

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LSE:TLWLSE:TLW Tullow. Close Mid-Price: 52.92 Percentage Change: + 4.13% Day High: 57.14 Day Low: 51.06

Target met. In the event of Tullow enjoying further trades beyond 57.14, ……..

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LSE:TW.LSE:TW. Taylor Wimpey. Close Mid-Price: 178.65 Percentage Change: + 4.53% Day High: 178.55 Day Low: 171.4

All Taylor Wimpey needs are mid-price trades ABOVE 178.55 to improve acce ……..

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